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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Engie | EU:ENGI | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.01 | -0.06% | 16.24 | 16.235 | 16.24 | 16.39 | 16.215 | 16.345 | 3,759,249 | 15:20:41 |
From Apr 2019 to Apr 2024
By Nathan Allen
Engie SA (ENGI.FR) and investment partner Meridiam have been selected by Senegal's Electricity Sector Regulation Commission to build and run two solar-power projects with a total output of 60 megawatts, the company said Wednesday.
The two projects are part of Senegal's so-called Scaling Solar initiative, which is jointly led by the International Finance Corporation and Senegalese authorities, Engie said.
Engie and Meridiam will each hold a 40% stake in the project company, while Senegal's sovereign wealth fund, FONSIS, will take the remaining 20%.
Engie said it will be responsible for the plants' construction and operation.
Neither company disclosed the projects' value.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
April 18, 2018 09:40 ET (13:40 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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