Share Name Share Symbol Market Type Share ISIN Share Description
Energiser LSE:ENGI London Ordinary Share GB00B06CZD75 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 2.00p 1.75p 2.25p 2.00p 2.00p 2.00p 40,125 06:39:32
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.2 -0.2 -0.4 - 1.22

Energiser Share Discussion Threads

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DateSubjectAuthorDiscuss
14/11/2017
22:11
Engie Electrabel accused of manipulating the energy market: unfounded and extreme, she reacts Trends Trends 14/11/17 at 16:39 - Updated at 16:48 Source: Belga Engie Electrabel is unhappy with accusations made by a consulting firm that the electricity supplier would manipulate the energy market, notably by organizing maintenance work on its power plants each year during the autumn. Unfounded and extreme claims, she said Tuesday against the exit of the company Zero Emission Solutions. Share on Facebook Share on Twitter Share on Google+ Share on LinkedIn Send by e-mail Read later To print Engie Electrabel accused of manipulating the energy market: unfounded and extreme, she reacts © iStock These accusations come from Alex Polfliet, owner of the consulting firm "green". He fears that Engie Electrabel manipulates the energy market, he says Tuesday in the columns of Morgen. "During the autumn, it's not only the leaves that fall from the trees, there are also the Engie Electrabel plants every year, it happens all too often to be able to talk about chance again", denounces he. According to Alex Polfliet, it has been four years in a row that there has been a build-up of technical problems in these plants during the fall. "Just not enough to jeopardize the supply but still barely," he says, assuming that the energy provider is speculating in this way on high electricity prices, at a time when many companies renegotiate their contracts. According to the boss of Zero Emission Solutions, this manipulation would be done mainly by strategically choosing the time to maintain the plants. "Why do not they just do Doel 3, which is taking place now, during the summer," he wondered. The applicant has also asked the Regulatory Commission for Gas and Electricity (Creg), the regulator of the sector, to conduct an investigation. This instance confirms that it has received such a request, which it is considering for the moment. In a reaction, Engie Electrabel indicates not being aware of a complaint in the matter. It strongly denies the allegations that it is deliberately causing a shortage in the market. "This is not correct," says a spokeswoman. "Engie Electrabel is the first economic victim in the event of an unexpected shutdown of a plant, and we must supply it via more expensive channels." The assertion that the company manipulates the market through the planning of interviews does not hold, according to her. "This schedule is submitted and approved by Elia and we plan it before the beginning of the winter to make sure we have the plants."
maywillow
14/11/2017
22:07
Engie: new walkout against relocation of customer services Posted on Tuesday November 14th, 2017 at 17h15 in Paris, 14th november 2017 (AFP) Employees of Engie's customer services department again took the initiative on Tuesday to protest against the relocation of part of the activities to low-cost countries, a "social dumping policy" according to the inter-union, which is accompanied by a large internal restructuring plan ". About 62.4% of employees present declared themselves strikers two hours late morning and gathered in front of the sites with signs "Stop dumping" or "Engie in crisis", according to the CFDT, CFE-CGC, CFTC , CGT and Ee-FO. Engie's management also reported a strike rate of 24.3% across the entire B to C perimeter (consumer relations), which includes activities other than customer services. It has identified 38.35% of strikers in customer services. Employees had already strongly mobilized on September 26 to denounce this "social dumping" (72% of strikers according to the inter, 35.92% according to management). The customer relations business of the energy group is already 80% outsourced, mainly to service providers (call centers) in France. But Engie is stepping up outsourcing, to 90% according to the unions, and outsourcing abroad. After Morocco, Portugal and Mauritius, the company is now turning to countries "at even lower costs" like Cameroon and Senegal, denounce the unions. Around 30% of the activity will be carried out by service providers abroad at the end of 2017, "which represents more than 1,200 jobs lost on French soil," writes Inter-Syndicale. "This approach aims to meet the need of the company to reduce its costs," said the group in September, noting that the positions concerned were not "those of Engie employees". In order to obtain the "economic and social data" related to offshoring, the establishment committee of the client activities division has assigned the energy specialist a summary ruling. The hearing is scheduled for November 22 in Nanterre. The unions are also protesting against the management's desire to split customer activities in two (around 1,200 employees), with a regulated tariff department (DTR), where 811 employees would be "exfiltrated", and a general public department (DGP). According to them, this split would lead to the creation of a DTR "+ dying +" division whose regulated tariffs have been suspended since the Conseil d'Etat, seized by competing suppliers of Engie, ruled in July that their maintenance was contrary to European law. sp-mhc / ao / mm
maywillow
13/11/2017
06:51
ENGIE: Bullish signals are intact TEC on 13/11/2017 at 07:13 0 Tweet ENGIE: Bullish signals are intact SYNTHESIS The MACD is positive and superior to its signal line. This configuration confirms the good orientation of the title. It can be seen that the upside potential of the RSI is not exhausted. Stochastics are not overbought, leaving the upside potential intact. Exchanged volumes are above average volumes over the past 10 days. MOVEMENTS AND LEVELS The title is on the rise. It is above its 50-day moving average. The 20-day moving average is above the 50-day moving average. Support stands at 14.33 EUR, then at 13.96 EUR and the resistance is at 15.65 EUR, then at 16.03 EUR. Last course: 14.73 Support: 14.33 / 13.96 Resistance: 15.65 / 16.03 Short term opinion: positive Medium term opinion: positive
grupo
12/11/2017
18:56
Total acquires Engie’s upstream LNG assets, becomes 2nd largest global LNG player Nov 12, 2017 0 46 Share on Facebook Tweet on Twitter Total has signed an agreement with Engie to acquire its portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.49 billion. This portfolio includes participating interests in liquefaction plants, notably the interest in the Cameron LNG project in the US, long term LNG sales and purchase agreements, an LNG tanker fleet as well as access to regasification capacities in Europe. Additional payments of up to $ 550 million could be payable by Total in case of an improvement in the oil markets in the coming years. “The acquisition of Engie’s upstream LNG business enables Total to accelerate the implementation of its strategy to integrate along the full gas value chain, in an LNG market growing strongly at 5% to 6% per year. The combination of these two complementary portfolios will allow the Group to manage an overall volume of around 40 million tonnes of LNG per year by 2020, making Total the second largest global player among the majors with a worldwide market share of 10%”, commented Patrick Pouyanné, Chairman & Chief Executive Officer of Total. “With the equity stake in the Cameron LNG project, Total will also become an integrated player in the US LNG market, where the Group is already a gas producer”. The proposed transaction is subject to the applicable legally required consultation and notification processes with employee representatives as well as approvals by the relevant regulatory authorities and partners on certain contracts. The transaction is expected to close by mid 2018 and will have an effective date of 1st January 2018. Following the transaction, Total will take over the teams in charge of the LNG activities at Engie, which represents around 180 employees. In addition, in parallel with this transaction, Total and Engie agreed to cooperate to promote the use of biogas and renewable hydrogen, with Engie becoming Total’s priority supplier in this field.
waldron
09/11/2017
15:09
Ten things Total gains from buying Engie LNG interests Thu 09 Nov 2017 by Karen Thomas Print story Email us AddThis Sharing Buttons Share to LinkedInShare to TwitterShare to FacebookShare to Google+ Ten things Total gains from buying Engie LNG interests Head to head: Patrick Pouyanné, left, with Shell boss Ben van Beurden Last night’s announcement that French state-owned energy giant Total is buying Engie’s upstream and mid-stream LNG interests for US$1.49Bn has huge implications for LNG shipping. Total is now snapping at the heels of Shell, which cemented its leadership of the LNG market last year, having absorbed the BG Group. Thanks to the deal Total: Becomes the second most powerful player in LNG, second only to Shell. Increases its market share from 6% to 10% by 2020. Increases its LNG portfolio to 40M tonnes (mt) by 2020. Sources new supply from Qatar, Russia, the US, Norway, Algeria and Nigeria. Gains 2.5 mta of liquefaction capacity, raising the total to 23 mta. Raises its presence in US LNG production, through Engie’s 16.6% stake in Cameron LNG. Gains a 5% equity stake in Idku LNG in Egypt. Gains access to 14 mta of regasification capacity in Europe, increasing the total to 18 mta. Adds 10 LNG carriers to its existing fleet of three. Adds 180 Engie employees. Total chairman and chief executive Patrick Pouyanné said “The acquisition of Engie’s upstream LNG business enables Total to accelerate the implementation of its strategy to integrate along the full gas value chain, in an LNG market growing strongly at 5%-6% a year. “The combination of these two complementary portfolios will allow the group to manage an overall volume of around 40 mta by 2020, making Total the second-largest global player among the majors, with a worldwide share of 10%.” It is not clear yet whether Engie counts the LNG bunker-supply newbuilding Engie Zeebrugge – and its interests in the LNG bunker-supply joint venture Gas4Sea, with partners Mitsubishi and NYK Line – as shipping or as downstream interests. In recent weeks, Total has made known its ambitions for LNG bunker-supply shipping. LNG World Shipping has asked Engie to clarify.
waldron
09/11/2017
14:16
ENGIE: confirms its annual objectives share with twitter share with LinkedIn share with facebook share via email 0 0 09/11/2017 | 8:07 Last night, Engie released an Ebitda of 6.6 billion euros at the end of September, down 3.6%. In organic data, the Ebitda at nine months of the energy group rose by 3.8%. "This growth demonstrates the very good performance of the growth drivers, ie the contracted renewable and thermal electricity generation activities, the infrastructure and customer solutions businesses, which recorded growth over the period. 4.6%, partly offset by adverse volume effects (hydro and nuclear generation), "says Engie. Engie's nine-month turnover amounted to 46.8 billion euros, up 1.3% in gross and 2.9% in organic terms. The organic growth in sales is mainly due to the effect of asset launches and price increases in Latin America and the 2016 tariff revisions for infrastructure activities in France. "Given the adverse weather effects, these positive developments are partially offset by the decline in natural gas sales to professionals in France and a lower production of renewable electricity in France, mainly from hydraulic sources," says Engie. Lastly, 83% of the portfolio turnover has been achieved to date, following the agreement signed with Total on the proposed sale of the midstream and upstream activities of LNG and following the divestment of the activities. in the UK, says Engie. Of the growth program, 96% of the program is secured to date, in particular following two significant hydroelectric concession contracts won in Brazil and the finalization of the acquisition of Tabreed in the cooling networks in the Middle East. In addition, 90% of the "Lean 2018" performance program is identified to date. Engie confirms its financial objectives for 2017, namely a recurring net income group share of between 2.4 and 2.6 billion euros, expected in the middle of the range, a net debt / Ebitda ratio less than or equal to 2.5 and a dividend of 0.70 euro per share for 2017.
waldron
09/11/2017
06:17
Oil & Gas Total acquires Engie’s upstream LNG business and becomes the second largest global LNG player Written by Alan Shields - 09/11/2017 6:01 am Total news Move Legacy Applications Out. Enable Innovation Learn More Promoted by OpenText [Opt out of Adyoulike ad targeting] Sign up to our daily newsletter Subscribe TodayPackages from £10 per monthPackages from £10 per month French supermajor Total has signed an agreement with France’s Engie to acquire its portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.49 billion. The portfolio includes participating interests in liquefaction plants, notably the interest in the Cameron LNG project in the US, long term LNG sales and purchase agreements, an LNG tanker fleet as well as access to regasification capacities in Europe. Additional payments of up to $550 million could be payable by Total in case of an improvement in the oil markets in the coming years. Patrick Pouyanné, chairman and chief executive of Total, welcomed the move. Related Articles Total signs deal to accelerate renewables stake Total to buy Maersk Oil for $7.45bn Woodside confirms long-term LNG sale He said: “The acquisition of Engie’s upstream LNG business enables Total to accelerate the implementation of its strategy to integrate along the full gas value chain, in an LNG market growing strongly at 5% to 6% per year. “The combination of these two complementary portfolios will allow the Group to manage an overall volume of around 40 million tonnes of LNG per year by 2020, making Total the second largest global player among the majors with a worldwide market share of 10%. “With the equity stake in the Cameron LNG project, Total will also become an integrated player in the US LNG market, where the Group is already a gas producer.” The proposed transaction is subject to the applicable legally required consultation and notification processes with employee representatives as well as approvals by the relevant regulatory authorities and partners on certain contracts. The transaction is expected to close by mid 2018 and will have an effective date of January 1, 2018.
grupo guitarlumber
08/11/2017
22:18
ENGIE announced Wednesday an agreement with Total to sell its assets upstream of the liquefied natural gas (LNG) chain for an enterprise value of $ 1.49 billion (€ 1.29 billion) about). Price supplements of up to $ 550 million will be paid by Total in the event of improved oil markets in the coming years, said both groups in press releases. The transaction, which Total plans to finalize in mid 2018, will enable Engie to reduce its net financial debt by $ 1.4 billion, excluding the price supplement. The relevant portfolio includes interests in liquefaction plants, including the 16.6% stake in the Cameron LNG project in the United States, long-term LNG purchase and sale contracts, a fleet of 10 LNG carriers and rights of way in regasification terminals in Europe. "This disposal project is in line with the group's transformation plan (...) which aims in particular to reduce its exposure to the evolution of the price of commodities", underlined Engie, who thus completes his exit from the upstream activities in the oil and gas sector, following the announcement of the sale of its subsidiary Engie Exploration & Production International in May. While its activities in LNG have suffered in recent years from falling prices but also volumes of gas sold, Engie said Wednesday that it will continue to develop downstream of LNG, including retail sales to customers its subsidiary GTT and its regasification terminals in France, the United States and Chile. Total, which will become the number two LNG world among the "majors" with this transaction, behind Royal Dutch Shell, for its part to integrate the teams in charge of Engie's LNG activities, or about 180 people. TOTAL AND ENGIE ALSO SIGN AGREEMENT IN GREEN GAS In parallel, Total and Engie have agreed to cooperate to promote the use of biogas and renewable hydrogen, with Engie becoming Total's priority supplier in this area. Engie also reported Wednesday organic growth of its Ebitda of 3.8% for the first nine months of 2017, driven by its savings plan, and confirmed its annual targets. The producer and supplier of gas and electricity, which is also very active in energy services, is still aiming for a recurring net profit of € 2.4 billion and € 2.6 billion for 2017, this indicator being expected in the middle of the forecast range, as well as an Ebitda of between 9.3 and 9.9 billion. Engie also continues to forecast a net debt / Ebitda ratio of 2.5 times or less and a dividend of 0.70 euros per share for 2017 payable in cash. At the end of September, the group recorded a current operating income of 3.6 billion euros (-10.5% gross, + 1.8% organic), an EBITDA of 6.6 billion (-3.6%). gross) and sales of 46.8 billion (+ 1.3% gross, + 1.9% organic). The difference between the EBITDA evolution in raw data and organic data is explained by a negative scope effect. Engie, on the other hand, benefited from the "sustained performance" of its "growth engines" - contracted production of renewable and thermal electricity and infrastructure activities in particular -, its "Lean 2018" savings program and commissioning. of assets in Latin America. The group pointed out that, in the context of its 15 billion euros disposal plan for the 2016-2018 period, its target was reached at 83% so far, notably following the agreement with Total. Engie's 2016-2018 plan foresees that the group will invest in activities that emit little CO2, refocus on networks (mainly gas) and propose new integrated offers, while reducing its exposure to raw material and energy prices. 'energy. Before these announcements, the Engie share closed on a price of 14.785 euros, registering an increase close to 22% since the beginning of the year after a 25.8% drop in 2016.
grupo guitarlumber
08/11/2017
20:20
Total buys Engie's upstream LNG business for $1.49 billion London (Platts)--8 Nov 2017 204 pm EST/1904 GMT Total has bought Engie's portfolio of upstream LNG assets for $1.49 billion, the French oil and gas major said Wednesday. The deal would boost Total's volumes to around 40 million mt/year of LNG by 2020, "making Total the second-largest global player among the majors with a worldwide market share of 10%," said Patrick Pouyanne, the company's chairman and CEO. Engie assets acquired include participating interests in the Cameron liquefaction project in the US, long-term LNG sales and purchase agreements, an LNG tanker fleet as well as access to regasification capacities in Europe. Additional payments of up to $550 million could be payable by Total in case of an improvement in the oil markets in the coming years, it said. The deal accelerated Total's strategy to integrate along the full gas value chain "in an LNG market growing at 5% to 6% per year," it said. A stake in the Cameron project would make Total an integrated player in the US LNG market, where the group was already a gas producer, Pouyanne said. The deal, still subject to various approvals, is expected to close by mid-2018 but has an effective date of January 1, 2018. Engie's LNG operation has around 180 employees. The transaction involves: -- 2.5 million mt/year of liquefaction capacity, bringing Total's portfolio to 23 million mt/year by 2020; -- a 16.6% equity stake in the Cameron LNG liquefaction plant with three trains under construction in Louisiana, and the potential for two further trains; -- a 5% equity stake in the first train of the Idku LNG project in Egypt; -- a portfolio of long-term LNG purchase and sale contracts, increasing Total's portfolio to 28 million mt/yr by 2020, with diversified supply from Algeria, Nigeria, Norway, Russia, Qatar and the US, and outlets balanced between Europe and Asia; -- access to regasification capacities of 14 million mt/year in Europe, adding to Total's 4 million mt/year, and; -- a fleet of 10 LNG tankers which will be consolidated with the 3 LNG carriers of Total. Separately, Total and Engie are to cooperate in the use of biogas and renewable hydrogen, with Engie becoming Total's primary supplier in this field, Total said. --Henry Edwardes-Evans, henry.edwardes-evans@spglobal.com --Edited by James Leech, james.leech@spglobal.com
grupo guitarlumber
08/11/2017
18:38
French energy company Engie SA (ENGI.FR) said Wednesday that its earnings fell in the first nine months, largely due to effects related to divestments. Earnings before interest, taxes, depreciation and amortization declined to 6.6 billion euros ($7.6 billion) in the nine months from EUR6.8 billion in the year-earlier period. On an organic basis, Ebitda was 3.8% higher, the company said. Revenues rose to EUR46.8 billion from EUR46.2 billion. On an organic basis, revenues rose 2.9%. Engie attributed the earnings decline in part to power generation asset disposals in the U.S., as well as an Indonesian power plant divestment. The company confirmed its 2017 financial targets, and still expects recurring after-tax income between EUR2.4 billion and EUR2.6 billion. Write to Sarah Sloat at sarah.sloat@wsj.com (END) Dow Jones Newswires November 08, 2017 13:03 ET (18:03 GMT)
grupo guitarlumber
08/11/2017
18:19
Total makes US$2Bn offer for Engie LNG interests Wed 08 Nov 2017 by Karen Thomas Print story Email us AddThis Sharing Buttons Share to LinkedInShare to TwitterShare to FacebookShare to Google+ Total makes US$2Bn offer for Engie LNG interests Engie is to sell its upstream and midstream LNG business to compatriot Total, as it refocuses its energies on downstream gas. The agreement also makes Engie Total’s preferred supplier of green gases. The companies have issued a statement, saying that Total has made a firm and binding US$2.04Bn offer for the Engie upstream and midstream businesses – comprising liquefaction, shipping and international LNG trading. The sum includes an earn-out of up to US$550M, “payable under certain conditions”. Engie will retain and expand its downstream LNG activities; regasification infrastructure and retail sales. The sale frees it to focus on low-carbon power generation and gas infrastructure to support downstream customers. It will also focus on biogas and renewable hydrogen, and will supply these to Total. “This intended transaction demonstrates Engie’s ability to deliver on its transformation plan and to improve its risk profile by reducing its exposure to commodity prices” said Engie chief executive Isabelle Kocher. “Total is the best placed to secure the future development of liquefaction, shipping and LNG trading employees and activities. Engie is nonetheless accelerating its development in its LNG downstream activities, notably in the regasification domain and the supply of LNG to its end customers. “Furthermore, Engie is convinced that green gases are a key element to the energy revolution and further materialises its lead in this area by becoming Total’s preferred supplier.”
maywillow
07/11/2017
13:00
By Alberto Delclaux Engie SA (ENGI.FR) said Tuesday that the Mirfa Independent Water and Power Plant in Abu Dhabi went into full operation. Engie owns 20% of the plant and will be responsible for the delivery of operations and maintenance of the main plant for 25 years, it said. The French company already provides those services to five other plants in the United Arab Emirates. The plant has the capacity to generate 10% of Abu Dhabi's power requirements at peak capacity, and 5% of its water generation, Engie said. Write to Alberto Delclaux at alberto.delclaux@dowjones.com (END) Dow Jones Newswires November 07, 2017 07:40 ET (12:40 GMT)
sarkasm
07/11/2017
05:58
08/11 | 17:45 Publication de résultats
the grumpy old men
03/11/2017
08:46
31/10/2017 | 6:54 p.m. ENGIE INTERESTED IN THE PETROBRAS GAS PIPELINES ACCORDING TO SOURCES Engie is among the twenty or so contenders interested in a controlling interest in the pipeline network of the Brazilian oil company Petroleo Brasileiro (Petrobras), according to four sources familiar with the matter. Petrobras is expecting non-binding offers by the end of November for a first round of bids for a 90% stake in Transportadora Associada de Gás (TAG), the sources said. Other interested parties include the Abu Dhabi public fund Mubadala Development Company, CPPIB Canadian pension fund and private equity firm EIG Global Energy Partners. Singapore's sovereign wealth fund GIC, which last year acquired a minority stake in another gas pipeline network in Brazil, is also studying the issue according to sources. No comment could be obtained on Tuesday from the various parties mentioned. TAG operates some 4,500 km of pipelines in northeastern Brazil. Its sale will be one of the largest asset disposal programs expected to allow Petrobras to recover $ 21 billion (18 billion euros) over the period 2017-2018 to reduce its debt. According to one source, Petrobras hopes to get more than the $ 5.2 billion paid last year by a consortium brokered by Brookfield Asset Management for another natural gas carrier, Nova Transportadora do Sudeste, which operates a larger network. wide in the south-east of the country. Although the TAG network is smaller, the best prospects for economic activity and investment in Brazil could justify a higher price, the sources said. (Tatiana Bautzer, with the contribution of Stanley Carvalho in Abu Dhabi, Véronique Tison for the French service)
waldron
03/11/2017
07:48
JEUDI 9 NOVEMBRE - 08h30 Indicateurs conjoncture BDF (1ère projection PIB T4) Avant Bourse : - Engie ENGIE.PA / résultats du T3 - Europcar EUCAR.PA / résultats du T3 - 07h30 Air France-KLM AIRF.PA / trafic d'octobre - 08h00 Lagardère LAGA.PA / CA du T3 - SoLocal Group LOCAL.PA / CA du T3 Après Bourse : - Vallourec VLLP.PA / résultats du T3 - Akka Technologies AKA.PA / CA du T3 - Rubis RUBF.PA / CA du T3 Egalement : - Arkema AKE.PA / résultats du T3 - Assystem ASY.PA / CA du T3 - Bourbon GPBN.PA / CA du T3 - Valneva VLS.PA / résultats du T3 - Pernod Ricard PERP.PA / AG
waldron
02/11/2017
10:09
By Anthony Shevlin France's Engie SA (ENGI.FR) said Thursday that it has renewed its gasification and storage services contract with Chinese energy group CNOOC Ltd (0883.HK) for the coming winter season. Engie said that the service will be provided by a floating storage-regasification unit in the port of Tianjin in northeast China until spring 2018. Liquefied natural gas--LNG--will also be transferred to smaller on-shore tanks used by CNOOC for LNG trucking activity. Write to Anthony Shevlin at anthony.shevlin@dowjones.com (END) Dow Jones Newswires November 02, 2017 05:47 ET (09:47 GMT)
grupo guitarlumber
02/11/2017
08:13
(In a note posted on Wednesday, Bryan Garnier confirmed his advice 'purchase' and its target price of 15.5 euros on Engie. The intermediary reacted to the announcement yesterday after session by the French energy company of the signing of an agreement with Energy Capital Partners (ECP) for the sale of its 75% stake in 3 British power generation plants. This transaction is from Bryan Garnier's perspective revealing Engie's new strategy across the Channel, with a focus now on renewable energies - as recently witnessed by the 23% stake in the Morray offshore wind farm - and customer solutions. The broker estimates the Ebitda impact of this transaction at between € 35 million and € 45 million, representing a total enterprise value of £ 205 million, or approximately € 232 million.
waldron
01/11/2017
12:12
BARCELONA (Agefi-Dow Jones) - The sale by Engie (ENGI.FR) of its 75% stake in three thermal power plants in the United Kingdom will raise some 174 million euros, a fairly small amount to scale of the group, says Pierre-Antoine Chazal, Bryan, Garnier & Co. The analyst nevertheless believes that this operation confirms the strategy of the group across the Channel, to focus on retail services and renewable energy generation . The gas and electricity producer has completed more than 75% of its program of disposals for the period 2016-2018, which amounts to 15 billion euros, and Pierre-Antoine Chazal think that new sales will intervene before the end of the year, probably involving plants in Australia, Brazil or Chile. Engie fell 0.1% to 14.53 euros. -Nathan Allen, Dow Jones Newswires Ed: LBO (END) Dow Jones Newswires November 01, 2017 07:00 ET (11:00 GMT)
grupo guitarlumber
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