Energiser Investments Share Discussion Threads

[grupo guitarlumber] 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 [e-mail]



(END) Dow Jones Newswires

November 02, 2017 05:47 ET (09:47 GMT)

[waldron] 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.

[grupo guitarlumber] 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)

[ariane] 01/11/2017 08:37

08/11/17 Q3 2017 Présentation des résultats

[sarkasm] 31/10/2017 20:03

Engie SA (ENGI.FR) said on Tuesday that it is selling its stake in three power plants in the U.K. to Energy Capital Partners for a total enterprise value of EUR232 million ($270 million).

Engie said the sale concerns the gas-fired power plants of Saltend and Deeside as well as the Indian Queens oil-fired peaking plant. These assets were 75% owned by the French energy company and 25% by Japan's Mitsui & Co. Both companies are selling their stake to U.S.-based private-equity firm Energy Capital Partners.

The transfer of the three plants will be effective as of today, Engie said.



Write to Marc Navarro Gonzalez at [e-mail]



(END) Dow Jones Newswires

October 31, 2017 13:45 ET (17:45 GMT)

[grupo guitarlumber] 30/10/2017 16:56

09 Nov 2017

Q3 2017 results presentation

[grupo guitarlumber] 30/10/2017 16:56

18 May 2018

Combined Ordinary and Extraordinary Shareholders’ Meeting

[waldron] 29/10/2017 22:28

Sun 29-10-2017 23:45 PM
Dubai Carbon, ENGIE sign MoU to develop renewable energy

DUBAI, 29th October, 2017 (WAM) -- The Dubai Carbon Centre of Excellence, which was established under directives of the Dubai Supreme Council of Energy, and the World Energy Actor, ENGIE, a leading French company in providing energy sustainability solutions, have signed a Memorandum of Understanding, MoU, to seek opportunities to apply solutions for renewable energy and energy efficiency in Dubai and throughout of the region.

The MoU was signed by Ivano Iannelli, CEO of Dubai Carbon, and Sebastien Arbola, CEO of ENGIE Middle East, South and Central Asia and Turkey.

The partnership clears the path for executing joint work in the field of sustainability, the environment, climate change and social responsibility.

Dubai Carbon will work with ENGIE on developing green certificates and the carbon credit market through several projects, most notably a project on international renewable energy certificates. The centre will also work to adopt the "IREC" certificate, which is a tool that mainly relies on the market and is issued when a megawatt hour of electricity is generated from a renewable energy source and then connected to the electricity network.

Iannelli said that the main goal of the partnership is to exchange knowledge, work on leading-energy solutions and build a better sustainable future for Dubai and the UAE. He further stressed the aspiration of the Centre to participate in efforts aimed at building a sustainable future, supporting the Dubai government in becoming a green economy, and establishing smart cities.

He added that the partnership seeks to achieve the supreme goal represented in ensuring sustainable development for the current and upcoming generations in the country. It is in line with the comprehensive renewable energy programmes of the government, aimed at achieving the objectives of the "UAE Vision 2021".

Arbola expressed his happiness in co-operating with the Dubai Carbon Centre of Excellence, which has significant amounts of data and valuable information. Their teams have sufficient experience to successfully execute and develop sustainability models for the emirate of Dubai.

Through the joint co-operation, ENGIE and the Dubai Carbon Centre of Excellence will be able to adopt tried-and-tested technologies in the fields of energy performance, industrial maintenance, data management, and clean and green transportation services, while developing the opportunity to benefit from the international expertise of the company.

WAM/Hazem Hussein/Hatem Mohamed

[la forge] 27/10/2017 14:28

ENGIE Fabricom has been awarded the engineering, procurement and construction (EPC) contract for a novel wood chip acetylation plant at the Saltend chemicals park in the UK.

A front-end engineering and design (FEED) verification has been completed and the detailed design and engineering stages underway, the contractor said. Ground was broken in July, and production is scheduled to begin in early 2019.

The 30,000 t/y plant will produce a novel, weatherproof form of MDF. Production relies on a process of acetylation, which involves changing the hydroxyl groups found within wood into acetyl groups. The problem with hydroxyl groups is that they bind and release water molecules causing the wood to swell, shrink and eventually crack if not treated. Removing the hydroxyl groups also makes it 'inedible' to most micro-organisms and fungi which cause wood to rot.

The contract has been issued by Tricoya Ventures, a subsidiary of chemical technology group Accsys Technologies.

ENGIE Fabricom will undertake the majority of the project work itself covering all stages of the development from engineering and design, procurement of the plant's main equipment, through to the construction, testing and commissioning.

Local construction company Clugston has been selected by ENGIE Fabricom to provide support and carry out the civil engineering aspects of the project.

Wichard Huigen, CEO of ENGIE Fabricom, said: “This is a significant step forward for us and will in turn enable us to further develop our EPC capabilities.”

ENGIE Fabricom said only that the project will deliver £58m (US$76m) of investment into the region, create 130 jobs during construction and 30 jobs in operations once production begins.

[grupo guitarlumber] 24/10/2017 11:43

BARCELONE (Agefi-Dow Jones) - Engie (ENGI.FR) could reap more than 100 million euros if the strategic review of its upstream activities of liquefied natural gas (LNG), which include liquefaction, transportation and international LNG trading, results in divestment, according to analysts Bryan, Garnier & Co. The company believes that a sale would send positive signals to investors, indicating that Engie refocuses its strategy on regulated activities and under contract, and turns away from an unprofitable business that is difficult to model. Macroeconomic conditions also favor divestments, as the over-supply of international LNG markets is expected to worsen with the start-up of new production capacity in the United States and Australia. The Engie share gained 0.1% to 14.63 euros.




-Nathan Allen, Dow Jones Newswires Ed: VLV




(END) Dow Jones Newswires


October 24, 2017 05:23 ET (09:23 GMT)

[encarter] 24/10/2017 07:54

Good news but i wonder who got a bargain?

[waldron] 23/10/2017 18:21

(Boursier.com) - GTT announces that it has signed a service agreement for Shell's Prelude FLNG (Shell Fluid Liquefaction and Storage LNG) membrane cargo containment system. This covers engineering, inspection, maintenance and testing related to the containment system.

FLNG Prelude has recently arrived on site, 475 km northeast of Broome, where the connection and commissioning phase of the project is underway. Prelude FLNG has a liquefied gas storage capacity of 326,000 m3. It contains 10 tanks (6 LNG and 4 LPG), each equipped with the Mark III membrane containment system developed by GTT.

[waldron] 19/10/2017 15:01

Engie announced today that it has signed an agreement to acquire the entire capital of Fenix ​​International, an innovative renewable energy company that offers domestic solar power systems in Africa.

Founded in 2009, Fenix ​​employs 350 people and carries out most of its activities in Uganda, where it is the main player in the domestic solar installation market with more than 140,000 customers. Fenix ​​has recently expanded its operations in Zambia and is also planning new deployments in other African countries.

Its flagship product, ReadyPay Power, provides lighting, charging phones and powering televisions and radios.

This investment will contribute to Engie's goal of enabling 20 million people worldwide to access decarbonized and decentralized energy by 2020, using the latest digital technologies.

[waldron] 18/10/2017 12:26

Après l'accumulation, l'accélération. Le timing apparaît pertinent pour se positionner sur le titre Engie et anticiper une extraction par le haut du trading range.
On pourra se positionner à l'achat pour viser les 15.5 €.

[encarter] 12/10/2017 16:42

Their valuation of the property hasnt gone up again so is way too low imho

[waldron] 10/10/2017 13:02

PARIS (Agefi-Dow Jones) - Norwegian energy group Statoil has selected Gas4Sea-Engie, Mitsubishi Corporation and NYK partners as LNG marine fuel suppliers for four oil ships in the port of Rotterdam in the Netherlands. announced Tuesday the producer and distributor of gas and electricity Engie (ENGI.FR) in a statement.

PRINCIPAL ISSUES:

-These four bi-fuel ships will be commissioned in early 2020 and will be operated by Statoil in the seas of northern Europe.

-Gas4Sea will supply them with LNG from the bunker Engie Zeebrugge, which went into operation a few months ago. The vessel currently operates a regular LNG bunkering service in the port of Zeebrugge, Belgium.

- With a capacity of 5,000 m3 of LNG, the Engie Zeebrugge is designed to meet the needs of a wide variety of vessels in and around Zeebrugge.

-Gas4Sea is a trademark jointly launched in 2016 by Engie, Mitsubishi Corporation and NYK to develop the use of LNG as a sustainable, reliable, safe and economical alternative to conventional petroleum based marine fuels. Its ambition is to support the maritime transport sector in its transition to a greener maritime environment, in Europe and in the world.

-Agefi-Dow Jones; +33 (0) 1 41.27.48.11; [e-mail] ed: ASO

[grupo] 10/10/2017 11:03

Oct. 10 (UPI) -- Norwegian energy major Statoil will start using liquefied natural gas as a maritime fuel at the port of Rotterdam by the next decade, a French gas company said.

French energy company ENGIE and its Japanese consortium partners said they were selected by Statoil to supply LNG as fuel for four crude shuttle tankers at the Norwegian port of Rotterdam.

"The four planned dual fuel vessels are to come into service in early 2020," the French company said. "They will be operated by Statoil in northern European seas."

Deliveries will be supported by bunkering vessel ENGIE Zeebrugge, which is currently in service in Belgian waters.

The French company in June said the ENGIE Zeebrugge was its first to provide ship-to-ship supplies for LNG as a fuel when it delivered LNG to two gas-propelled carriers belonging to United European Car Carriers. Bunkering, or the supply of fuel for use by ships in a seaport, was carried out at the Belgium port of Zeebrugge at the same time that cargo loading was taking place.

ENGIE, working in cooperation with its Japanese and Belgian natural gas transmission operator Fluxys, took delivery of the bunkering vessel, which itself is powered by LNG, in February.

With international regulations calling for fewer emissions in the transportation sector, LNG serves a unique niche.

The LNG used for the bunkering vessel is sourced from the portfolio of the French company, which is one of the largest LNG suppliers in the world. ENGIE signed an agreement with Japanese shipping company NYK to build the LNG-powered vessel in 2015.

No terms of the arrangement with Statoil were released and the Norwegian company had no public statement on the agreement.
Related UPI Stories

French company makes strides for maritime LNG
Total next to make strides with LNG as a marine fuel
French energy company ENGIE marks first for LNG as a fuel
LNG considered for maritime shipper fuel

[waldron] 09/10/2017 18:01

09/10/2017 | 5:00 p.m.

Paris (awp / afp) - Financial rating agency Fitch Ratings on Monday announced a long-term credit rating "A" for the French energy group Engie with a stable outlook.

"The rating reflects Engie's size and diversification, which helped limit the impact of weak commodity prices," Fitch said in a statement.

The former GDF Suez is also "more widely diversified geographically" than the other ex-French public monopoly, EDF, or that the Italian Enel, the agency said.

The "A" rating is the third highest in the Fitch rating scale and characterizes a "low default risk" on debt.

Engie is rated "A2" (with a stable outlook) by Moody's and "A-" (negative perspective) at share price

afp / rp