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| Share Name | Share Symbol | Market | Stock Type |
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| Energiser Investments Plc | ENGI | London | Ordinary Share |
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| 0.00 | 0.00% | 0.65 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
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Posted at 13/5/2025 19:44 by waldron ENGIE teams up with Cipher Mining to power Texas data centerNews provided by Engie North America Inc. May 13, 2025, 13:05 ET HOUSTON, May 13, 2025 /PRNewswire/ -- ENGIE North America (ENGIE) announced it has entered into a preliminary agreement with Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher") to enter into a power supply agreement to power a Cipher data center in Texas. Once executed, the agreement would allow Cipher to purchase up to 300 megawatts (MW) of clean energy from one of ENGIE's wind facilities. The new arrangement would leverage the wind project's renewable energy generation to power the co-located data center, helping to alleviate an already congested transmission area. This helps offset basis risk and mitigate curtailment challenges especially in regions like West Texas, where wind and solar resources are abundant but often face constraints due to transmission bottlenecks and curtailment. By pairing the data center with renewable energy, this strategic collaboration supports the use of surplus energy during periods of excess generation, while enhancing grid stability and reliability. "ENGIE is committed to pursuing innovative solutions that maximize the value of renewable generation and improving cost effectiveness of delivering clean energy supply to our customers," said David Carroll, Chief Renewables Officer & SVP, ENGIE North America. "We are focused on meeting the growing need for power by our customers as they expand their operations in the U.S. and renewables is an essential part of supplying this increasing demand." This agreement continues to reflect ENGIE's position as one of the leading providers of power purchase agreements globally. About ENGIE North America Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a major player in the energy transition, whose purpose is to accelerate the transition towards a carbon-neutral economy. With 98,000 employees in 30 countries, the Group covers the entire energy value chain, from production to infrastructures and sales. ENGIE combines complementary activities: renewable electricity and green gas production, flexibility assets (notably batteries), gas and electricity transmission and distribution networks, local energy infrastructures (heating and cooling networks) and the supply of energy to local authorities and businesses. Every year, ENGIE invests more than €10 billion to drive forward the energy transition and achieve its net zero carbon goal by 2045. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges. For more information on ENGIE in North America, please visit our website at www.engie-na.com or our LinkedIn page at www.linkedin.com/com Contact: ENGIE North America Michael Clingan, External Relations Michael.clingan@exte 832-745-6057 SOURCE Engie North America Inc. |
Posted at 05/5/2025 12:48 by ariane Latest DividendsSummary Previous dividend Next dividend Status Paid Forecast Type Final Final Per share 148¢ lets go for 150c Declaration date 27 Feb 2025 (Thu) - – Ex-div date 25 Apr 2025 (Fri) 27 Apr 2026 (Mon) Pay date 29 Apr 2025 (Tue) 01 May 2026 (Fri) |
Posted at 17/3/2025 19:23 by gibbs1 ENGIE Powers Einstein Bros.® Bagels with Round-the-Clock Renewable EnergyPRNews News provided by ENGIE Resources Mar 17, 2025, 11:00 ET HOUSTON, March 17, 2025 /PRNewswire/ -- ENGIE North America (ENGIE) announced today a contract with Einstein Bros.® Bagels, a significant step in ENGIE's commitment to providing 24/7 renewable energy to its commercial customers by 2030, reinforcing the ENGIE Group's recently reaffirmed ambition to offer round-the-clock clean energy solutions worldwide. With this contract that runs through May 2027, ENGIE intends to match 90% of the hourly electricity consumption for 25 Einstein Bros.® Bagels locations in Texas with Renewable Energy Credits (RECs) from a portfolio of wind and solar assets including ENGIE's Live Oak Wind Project in Texas. ENGIE's unique position as a developer and operator of both renewable and flexible generation across North America, in addition to its market-leading internal risk management function, facilitates its ability to be a pioneer in this space. Einstein Bros As a major player in the energy transition, ENGIE commits to accelerate the transition to a carbon-neutral world, through reduced energy consumption and more environmentally friendly solutions. Leveraging its diversified portfolio of renewable generation, storage, and flexible assets, ENGIE ensures reliable, decarbonized electricity supply to businesses of all sizes. The introduction of ENGIE's 24/7 matching renewable energy solution in the U.S. to a network of food service locations highlights this commitment. Achieving 24/7 renewable energy with hourly matching and reporting is a complex and technically challenging feat, compared to annual matching. "It requires tracking the hourly generation of multiple renewable resources and matching the RECs generated therefrom with hourly electricity consumption at the 25 Einstein Bros. Bagels locations," said David Benhamou, ENGIE North America's head of power portfolio management. Einstein Bros. Bagels had previously entered a retail energy supply agreement with ENGIE which was matched annually from ENGIE's Live Oak Wind Project in Texas. "At Einstein Bros. Bagels, we recognize the importance of sustainable energy solutions, and we're proud to take this next step with ENGIE toward a cleaner future. By integrating 24/7 renewable energy matching into a number of our Texas locations, we are reinforcing our commitment to responsible energy use and supporting innovative solutions that drive the industry forward," said Héctor Briones, CMO for Einstein Bros. Bagels. About Einstein Bros.® Bagels Einstein Bros.® Bagels is a neighborhood bakery known for endless combinations of fresh-baked bagels and premium double-whipped cream cheese. Also serving a variety of breakfast sandwiches, lunch sandwiches, coffee, espresso, sweets and catering, Einstein Bros. Bagels has more than 680 locations throughout the United States. Einstein Bros. Bagels is part of Panera Brands, one of the nation's largest fast-casual restaurant companies, comprised of Panera Bread®, Caribou Coffee® and Einstein Bros. Bagels. To learn more, visit www.einsteinbros.com About ENGIE North America Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a major player in the energy transition, whose purpose is to accelerate the transition towards a carbon-neutral economy. With 98,000 employees in 30 countries, the Group covers the entire energy value chain, from production to infrastructures and sales. ENGIE combines complementary activities: renewable electricity and green gas production, flexibility assets (notably batteries), gas and electricity transmission and distribution networks, local energy infrastructures (heating and cooling networks) and the supply of energy to local authorities and businesses. Every year, ENGIE invests more than $10 billion to drive forward the energy transition and achieve its net zero carbon goal by 2045. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges. For more information on ENGIE in North America, please visit our website at www.engie-na.com or our LinkedIn page at www.linkedin.com/com SOURCE ENGIE Resources |
Posted at 14/3/2025 18:15 by adrian j boris ENGIE Finalizes Nuclear Agreement with Belgian GovernmentTipRanks European Auto-Generated NewsdeskMar 14, 2025, 05:33 PM ENGIE is a key player in the energy transition, focusing on carbon neutrality. ENGIE and Belgium agreed to extend nuclear reactor operations and transfer waste responsibilities. ENGIE has finalized an agreement with the Belgian government to extend the operation of the Tihange 3 and Doel 4 nuclear reactors for 10 years and transfer nuclear waste responsibilities to the government. This agreement, approved by the European Commission, includes a joint venture ownership of the reactors and a contract for difference mechanism, reducing ENGIE’s exposure to future waste treatment costs. More about Engie SA ENGIE is a leading company in the energy transition sector, focused on accelerating the shift towards a carbon-neutral economy. With operations in 30 countries and a workforce of 98,000 employees, ENGIE’s activities span the entire energy value chain, including renewable electricity and green gas production, energy transmission and distribution, and local energy infrastructures. The company invests over €10 billion annually to support its net-zero carbon goal by 2045 and is publicly traded on the Paris and Brussels stock exchanges. YTD Price Performance: 12.71% Average Trading Volume: 2,563,951 Technical Sentiment Consensus Rating: Sell Current Market Cap: €41.65B See more insights into ENGI stock on TipRanks’ Stock Analysis page. |
Posted at 19/2/2025 07:53 by waldron ENGIE Divests Assets in Kuwait and Bahrain to Focus on Net Zero GoalsTipRanks European Auto-Generated Newsdesk Feb 19, 2025, 07:02 AM Story Highlights ENGIE divests its power and water desalination assets in Kuwait and Bahrain. The divestment aligns with ENGIE’s goal to achieve net zero by 2045. Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener. ENGIE has announced its strategic decision to divest its power and water desalination assets in Kuwait and Bahrain, transferring ownership to ACWA Power. This move aligns with ENGIE’s roadmap to achieve net zero by 2045 and marks its exit from these two countries. The divestment includes shares in several plants and operations companies, emphasizing ENGIE’s commitment to expanding its renewable and low-carbon energy portfolio. While exiting these markets, ENGIE plans to continue investing in the Gulf Cooperation Council region, focusing on renewable energy projects and low-carbon solutions to support sustainable energy transition efforts. More about Engie SA ENGIE is a global leader in low-carbon energy and services, employing 97,000 people to accelerate the transition toward a carbon-neutral economy. The company focuses on reducing energy consumption and offering environmentally friendly solutions across its key businesses, including gas, renewable energy, and services, with a turnover of €82.6 billion in 2023. ENGIE is listed on the Paris and Brussels stock exchanges and is part of several major financial and non-financial indices. YTD Price Performance: 0.78% Average Trading Volume: 2,151,969 Technical Sentiment Consensus Rating: Strong Sell Current Market Cap: €37.75B See more insights into ENGI stock on TipRanks’ Stock Analysis page. |
Posted at 18/2/2025 08:30 by the grumpy old men ENGIE : One can take advantage of the trading range to enter new positionsFebruary 17, 2025 at 01:16 pm By The editorial team marketscreener Entry price Target Stop-loss Potential €15.62 €16.1 €15.4 +3.07% The ENGIE share is coming back to a technical support zone comprising the lower bound of the trading range. This provides a good timing to go long on the stock. Summary ● Overall, and from a short-term perspective, the company presents an interesting fundamental situation. ● According to MSCI, the company's ESG score for its industry is good. Strengths ● Its low valuation, with P/E ratio at 7.27 and 9.34 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples. ● The company is one of the best yield companies with high dividend expectations. ● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner. ● Analysts covering this company mostly recommend stock overweighting or purchase. ● Over the past twelve months, analysts' opinions have been strongly revised upwards. Weaknesses ● As estimated by analysts, this group is among those businesses with the lowest growth prospects. ● The company is in debt and has limited leeway for investment ● The company is highly valued given the cash flows generated by its activity. ● The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company. |
Posted at 12/9/2024 21:36 by waldron Engie SA (ENGI) Stock Forecast & Price TargetENGI Analyst Ratings Strong Buy 7Ratings 7 Buy 0 Hold 0 Sell Based on 7 analysts giving stock ratings to Engie SA in the past 3 months ENGI Stock 12 Month Forecast €19.31 ▲(22.02% Upside) Based on 7 Wall Street analysts offering 12 month price targets for Engie SA in the last 3 months. The average price target is €19.31 with a high forecast of €21.50 and a low forecast of €17.00. The average price target represents a 22.02% change from the last price of €15.83. |
Posted at 12/9/2024 21:19 by waldron ENGIE enters a partnership with Ares Management for a 2.7 GW portfolio of Renewables and Storage Assets in the U.S.September 12, 2024 12:00 ET | Source: ENGIE North America HOUSTON, Sept. 12, 2024 (GLOBE NEWSWIRE) -- ENGIE North America (ENGIE) announced that it recently closed a partnership with Ares Management Infrastructure Opportunities funds (Ares). This transaction represents the largest operating portfolio sell down for ENGIE in the U.S. and is one of the largest sales completed in the renewables sector based on total capacity. ENGIE will retain a controlling share in the portfolio and will continue to operate and manage the assets. The overall 2.7 GW portfolio consists of 15 projects in operation across ERCOT, MISO, PJM and SPP, of which 53% is solar, 25% wind and 22% co-located battery storage capacity. “We are delighted that ENGIE and Ares will be partners in such a large-scale renewables and co-located storage portfolio to further accelerate the energy transition towards a net zero future,” said Dave Carroll, Chief Renewables Officer, ENGIE North America. “The investment by Ares reflects ENGIE’s proven and recognized track record in developing, building, operating and financing renewable assets, both in North America and globally”. ENGIE is a leader in the net zero energy transition and currently has more than 8 GW of renewable production in operation or construction across the U.S. and Canada. Globally, ENGIE has an aspiration to add 4 GW per year through 2025, with North America as a material contributor to that growth. This transaction supports ENGIE’s strategy in North America by simultaneously recycling capital and adding a leading infrastructure investor to ENGIE’s select pool of partners. “We are thrilled to be partnering with ENGIE, a global leader in clean energy, on this highly contracted, attractive portfolio,” said Steve Porto, Partner in Ares’ Infrastructure Opportunities strategy. “This partnership provides diversification across proven technology and geography at scale alongside a strong operator. We look forward to continuing to provide the capital and experience needed to support the energy transition and build-out of climate infrastructure.&rdqu ### About ENGIE North America Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a global leader in low-carbon energy and services. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges. Together with our 96,000 employees around the globe, our customers, partners and stakeholders, we are committed to accelerate the transition toward a carbon-neutral world, through reduced energy consumption and more environmentally friendly solutions. Inspired by our purpose (“raison d’être”) About Ares Management Ares Management Corporation (NYSE:ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of June 30, 2024, Ares Management Corporation's global platform had over $447 billion of assets under management, with more than 2,950 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com. |
Posted at 20/3/2023 15:00 by waldron ENGIE adds more than 650 MW to U.S. operationsWind and solar projects bring ENGIE’s renewable capacity to more than 4.8 GW across North America March 20, 2023 09:05 ET | Source: ENGIE North America HOUSTON, March 20, 2023 (GLOBE NEWSWIRE) -- ENGIE North America (ENGIE) announced four projects reached commercial operation at the end of December 2022 with a total production capacity of 651 MW. The addition of these projects brings ENGIE’s renewable operations to more than 4.8 GW across the U.S. and Canada. The portfolio additions include two Texas projects, the 300 MW Limestone Wind project in Navarro and Limestone counties alongside the 250 MW Sun Valley Solar project in Hill County northeast of Waco. Dedication ceremonies to formally inaugurate Limestone and Sun Valley were held earlier this month, bringing together some 200 people including customers, landholders, local, state and federal representatives, community members and development partners, reflecting both the addition of 550 MW of clean energy to the grid, as well as the long-term commitments to the three counties which are expected to generate around $88 million in tax revenues over the life of the projects. A further two solar projects totaling 101 MW came online in Halifax County, Virginia and New Castle County, Delaware, which was ENGIE’s first grid-scale project in that state. “Maintaining momentum with our projects and meeting the expectations of our customers to help them deliver on their own Net Zero journey was and remains our key focus. Our proven ability to deliver consistently in a dynamic environment will be a critical differentiator over the next few years,” said Dave Carroll, Chief Renewables Officer of ENGIE North America. “Last year was a volatile one for the renewables industry, including sector-wide supply chain challenges, a rapidly evolving incentives landscape, inflation and all coupled with an accelerating commitment to a Net Zero future made for a lively twelve months, but one where our breadth and depth of the ENGIE team came through.” Earlier in 2022, Procter and Gamble (P&G) announced a Power Purchase Agreement (PPA) with ENGIE for production from Sun Valley. Jack McAneny, P&G Vice President Global Sustainability said at the time: “Partnering on new renewable power projects brings long-term, zero emissions renewable electricity on-line and is an important strategy to help us achieve our goal of purchasing 100% renewable electricity. We are excited to work with ENGIE on projects like Sun Valley that progress our strategy and provide benefits to the local community.” Last year also saw three customers announce PPA’s for Limestone – LyondellBasell, Stanley Black and Decker and Whirlpool Corporation. LyondellBasell commented: “LyondellBasel Stanley Black and Decker commented previously: “Creating a more sustainable world and achieving carbon neutrality by 2030 requires a transition to renewable energy,” said Deb Geyer, Corporate Responsibility Officer for Stanley Black & Decker. “This project, operational by the end of 2022, will continue to support Stanley Black & Decker’s strategy to source 100 percent of its United States and Canada electricity needs from renewable power.” Whirlpool Corporation commented: “This latest wind project is an important part of our ongoing sustainability initiatives, adding additional clean, renewable energy to the electrical grid while helping to reduce the company’s carbon footprint,” said Whirlpool Corp. Sr. Director of Sustainability Beat Stocker. “Now that Limestone Wind is becoming fully operational, we have achieved an important step in matching 100% of our U.S. plant electricity emissions, taking us closer to our Net Zero by 2030 goal for our operations." ENGIE has established a large and growing pipeline of wind, solar and storage projects across the U.S. and Canada, including two acquisitions last year that added some 50 early, mid and late-stage development projects to the portfolio. “Globally ENGIE aims to add an average 4 GW of renewable capacity each year through 2025 and North America is poised to be a material contributor to that aspiration. We plan to almost double production capacity by 2025 across the U.S. and Canada,” said Carroll. “We are already in construction for many of our 2023 projects, including storage, which will become an increasing element of our portfolio.” ### About ENGIE ENGIE is a global leader in low-carbon energy and services. With its 96,000 employees, its customers, partners and stakeholders, the Group is committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-frie |
Posted at 24/8/2021 09:00 by la forge ENGIE: Medium Term Transformation In ProgressAug. 24, 2021 1:56 AM ETENGIE SA (ENGIY), ENGQF Summary ENGIE has agreed to the sale of its 11.5% stake in GRTgaz at an attractive RAB premium of c. 48%. With other planned disposals also in progress, the strategic shift appears to be on track. Yet, shares trade well below EU peers despite the re-rating potential and the c. 4% yield on offer. ENGIE (OTCPK:ENGIY), a French-based global utility company supplying electricity, gas, and energy services, may have outperformed yet again at its H1 '21 results, but the key highlight was the disposal of its stake in GRTgaz for a c. €1.1 billion price tag (implying a considerable premium to the RAB ("regulated asset base"). Beyond the highly favorable valuation benchmark the sale provides for Engie's gas infrastructure assets, it also illustrates that management is progressing well on its medium-term strategy to simplify the company. As such, I am bullish on Engie's plans to create a more straightforward infrastructure/renew Making Progress on GRTgaz with Latest Stake Sale Alongside its earnings results, Engie has signed a binding agreement with Caisse des Dépôts and CNP Assurances (both already minority shareholders) for the sale of its 11.5% stake in GRTgaz (gas transmission in France). The agreement values the GRTgaz group's total equity at €9.75 billion or an enterprise value of €14.6 billion, implying a c. 12x EV/ EBITDA valuation. In turn, the sale price also implies a RAB premium of c. 48%, which is certainly impressive for a minority stake in gas networks. In addition to the partial reduction in Engie's holding, the transaction will also feature a simplification of the GRTgaz group structure, which will lead to GRTgaz taking full ownership of Elengy (up from c. 82% currently). I view the transaction as a significant positive – not only does it represent another value crystallizing disposal for the group (implying a 1-2% positive impact on Engie's market cap), but it also helps to reduce Engie's net financial debt by c. €1.1 billion. From a broader perspective, the accretive sale also validates the case that there is value in the rest of the gas networks assets in the Engie portfolio despite the market remaining unwilling to capitalize the remaining c. 64% stake in GRTGaz at the implied deal multiple (note shares were slightly down post-announcement). Nonetheless, the deal is on track to close by year-end, and with similar disposals in the pipeline, I remain optimistic on a re-rating of the gas assets down the line. Medium Term Disposal Plan on Track Since the strategic shift outlined by management at its previous investor day, Engie has made impressive progress, disposing of its 29.9% stake in Suez for €3.3 billion and signing the sale of EVBox for c. €200 million, leading to a total of €3.6bn in the last year. Engie has since guided for a €9-10 billion disposal plan from 2021-2023, including Customer Solutions business Equans and another c. €2 billion tranche of disposals. On the former, expect steady news flow over the upcoming month – per recent news reports, Engie is kicking off an auction process for some of its services assets, with initial bids (expected in September) already valuing Equans in the €5-6 billion range. On the other hand, there will be some dilution at the EBIT level from the medium-term disposal plan – management has guided for a c. €700 million EBIT dilution scenario over the 2021-2023 period, mainly from the planned Equans sale. On balance, however, I view the disposals as a net positive, as it helps to de-risk the overall group, and depending on how the sale of Equans is structured, Engie still has options to manage the dilution side of the rotation (e.g., by executing in stages). With commodity prices also on the rise, expect higher profitability for Engie's supply activity and potentially its IPP business as well, both of which should help offset any earnings headwinds ahead. Strategic Transition to Infrastructure Underpins Incremental Upside In addition to the disposal plans, shareholders also stand to gain from a focus on infrastructure-like activities such as regulated networks, renewables developed on the balance sheet, along with contracted heating/cooling and cogeneration. A simpler group structure producing a visible and steady earnings stream on which the market can apply similar multiples to other bond proxy utilities in the sector (e.g., renewables peers) would likely be accretive. Assuming successful execution, the strategic shift should support a material re-rating of Engie's other activities, supporting the case for value unlocking ahead. Source: Engie Strategic Update Presentation Slides (2021) Alternatively, the planned transition would also make Engie a compelling M&A target for infrastructure or oil & gas funds/companies (with a lower cost of capital) looking to redeploy capital away from fossil fuels. Furthermore, Engie is currently trading at a considerable valuation discount to peers Enel (OTCPK:ESOCF) and Iberdrola (OTCPK:IBDRY) despite operating out of northern Europe. Considering Enel and Iberdrola are tied to higher Italian and Spanish underlying sovereign yields, I think Engie should instead trade at a premium multiple (note French 10-year bonds are negative yielding while similar durations in Italy and Spain offer modest positive yields). Final Take Overall, I like where Engie is going with its strategy, and considering its progress on the planned disposals, I see further positive catalysts ahead. Yet, Engie shares have been range-bound in recent months, even moving down slightly after an excellent quarterly earnings release. This seems unjustified, especially with earnings already growing ahead of expectations, disposals coming in at good valuations, and a near-term catalyst in the form of the Equans sale ahead (targeted before year-end). Trading well below peers at the current EV/EBITDA of c. 7x despite a dividend yield of c. 4%, Engie remains a great pick in the EU utilities space. |
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