Energiser Investments Dividends - ENGI

Energiser Investments Dividends - ENGI

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Energiser Investments Plc ENGI London Ordinary Share
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EQUITY INVESTMENT INSTRUMENTS

Energiser Investments ENGI Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount
25/09/1998InterimGBP330/12/199730/06/199805/10/199809/10/199812/11/19980

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Posted at 18/2/2022 15:40 by waldron
ENGIE reports strong performance in 2021 Friday 18th February 2022 Facilitate Team Global utility and energy company Engie released its full-year 2021 results with an emphasis on its success in delivering commitments from its strategic plan. Group revenue on 31 December stood at €57.9 billion (as against €44.3 billion at the same time in 2020). Announcing continued investment in growth, particularly in renewables, with 3GW commissioned in 2021 taking the total installed capacity to over 34GW, Catherine MacGregor, CEO, said: “With our strategic plan to 2023 that was presented last year, we focused on setting the foundation for sustainable, long-term growth. “Throughout last year, we have put our strategy into action and driven a relentless focus on execution, enabling us to deliver on commitments in an unprecedented energy environment and achieve a strong financial performance in 2021.” Disposal of the services unit EQUANS to Bouygues for €7.1 billion is reportedly on track, with completion expected in the second half of 2022 as planned, and ENGIE states that it has made major progress on simplification of its structure through €9.2 billion of disposals signed or completed. Progress was also made on the disposal of coal assets with Jorge Lacerda in Brazil and closure of Tejo in Portugal, while there was high availability of nuclear power with its two Belgian plants running at 92% capacity. Net recurring income group share was put at €2.9 billion, showing significant growth in EBIT, up 42% organically to €6.1 billion, leveraging “a favourable price environment and operational performance”. A proposed dividend of €0.85 per share was announced with 2022-2024 guidance expected in the range of €3.3 billion to 3.5 billion. MacGregor added: “The energy transition is under way at pace and presents multiple opportunities that ENGIE is strongly positioned to capture, with our resilient asset mix and integrated business model, enabling us to deliver long-term growth, value creation and shareholder return.” ENGIE is committed to achieving net zero covering all three scopes by 2045. In line with this target, ENGIE has become one of the founding members of the First Movers Coalition, launched at the COP26 last November. By joining the coalition, ENGIE commits to buying low-carbon equipment to help develop decarbonised supply chains. On key ESGs, the group stated that last year, greenhouse gas emissions from energy production were reduced to 67 million tonnes.
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Posted at 15/2/2022 12:12 by florenceorbis
Engie Boosts Dividend 60% as Energy Prices Lifts Profits Francois de Beaupuy, Bloomberg News (Bloomberg) -- Engie SA raised its dividend payout by 60% after a surge in energy prices drove net income higher last year. The French utility also predicted that earnings will continue to rise through 2024 as the gas and electricity crunch in Europe show little signs of easing. The company is growing its renewable and energy-infrastructure segments as demand these business rise with the energy transition. Energy producers have benefited in Europe after limited supply, depleted stockpiles, and demand rebounding from a pandemic boosted prices of gas and power to record highs last year. Markets remain on edge with tensions between the West and Russia over Ukraine running high, while issues at some of Electricite de France SA’s nuclear plants are driving regional power higher. Engie plans to pay 85 euro cents (96 cents) per share of dividend for last year, up from 53 euro cents in the previous year. Net recurring income rose 85% in 2021 to 3.2 billion euros, the company said in a statement Tuesday. Excluding the Equans unit that’s being sold, net recurring income rose 70% to 2.9 billion euros last year. Engie benefited from colder temperatures that boosted demand for gas used in its network in France last year. Rebounding power production and sales at its Belgian nuclear plants and French hydroelectric dams, and the easing impact of the coronavirus pandemic on its energy-services activities also helped drive earnings higher in 2021. For 2022, Engie predicts recurring net income in the range of 3.1 billion to 3.3 billion euros. The company sees that at 3.3 billion to 3.5 billion euros in 2024. Engie’s predictions for the 2022-24 period are based on average prices of forward commodity prices -- mostly for its Belgian nuclear output and its French hydropower production -- of the second half of 2021.
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Posted at 10/12/2021 17:49 by waldron
Engie Slips as Belgium Tightens Grip on Decommissioning of Nuclear Plants Francois de Beaupuy, Lyubov Pronina and Katharina Rosskopf, Bloomberg News (Bloomberg) -- Engie SA shares fell the most in two weeks as Belgium outlined plans to tighten its grip on the decommissioning of the seven nuclear plants operated by the French utility in the country. The Belgian government wants to make Engie’s local unit Electrabel SA legally liable for the costs of dismantling nuclear power plants, de Tijd reported Friday, citing Energy Minister Tinne Van der Straeten. The Belgian nuclear regulator will also get far-reaching powers over Electrabel, including a say on capital measures, and dividend payments to Engie, according to the newspaper. “Engie Electrabel is responsible for the outstanding bill of billions from nuclear power and we are anchoring this more firmly in the law,” Van der Straeten said later in a statement issued by her department. “The best guarantee for the availability of the necessary funds is a strong Electrabel and a strong control of it.” Electrabel already has accounted for and committed to both the waste disposal and dismantling costs of its nuclear plants in Belgium, and there’s no change to the amount of provisions, Engie said in a statement Friday. Engie’s understanding is that the draft law under discussion focuses on the availability of funds against these provisions, the company based near Paris said, adding that it doesn’t expect any change to its net economic debt from the proposed legislation. Engie shares fell as much as 3.3% in Paris Friday, and were trading 1.2% lower at 4:24 p.m. The draft bill comes as Belgium foresees the progressive closing of Engie’s seven nuclear plants -- which provide about half of the country’s electricity -- by the end of 2025. Belgium plans to replace them with a combination of new gas-fired power stations, renewable power, battery storage, and some electricity imports, even as the autumn’s gas crunch in Europe has sent energy prices to record levels. While Engie recently won Belgian financial support to build two gas-fired power plants, its Vilvoorde project is struggling to get its environmental permit. In a recent letter to Prime Minister Alexander De Croo seen by Bloomberg, the French utility asked for the support of Belgian authorities to quickly start the construction of the power station that will be “key to the balance” of the country’s power system. A short lifetime extension of a couple of atomic plants would be unprecedented, and there’s no regulatory or technical framework for such a move, Engie wrote. Hence it considers it has no other option than to start the progressive decommissioning. The Prime Minister’s office confirmed receiving Engie’s letter.
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Posted at 24/8/2021 09:00 by la forge
ENGIE: Medium Term Transformation In Progress Aug. 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/renewable-focused group over the medium term and see a clear re-rating path ahead. In the meantime, shareholders get paid a c. 4% dividend yield to wait. 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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Posted at 08/7/2021 11:15 by waldron
Umicore and ENGIE sign a long-term PPA to supply renewable electricity to Umicore’s cathode materials plant in Poland July 08, 2021 02:30 ET | Source: Umicore ... Umicore and ENGIE sign a long-term PPA to supply renewable electricity to Umicore’s cathode materials plant in Poland ENGIE and global materials technology group Umicore have entered into a long-term corporate Power Purchase Agreement (PPA) to supply Umicore’s greenfield plant with renewable electricity in Nysa, Poland. It will be the first plant in Europe to produce cathode materials, key ingredients of rechargeable Li-ion batteries for electric vehicles. ENGIE will provide green electricity from its existing 100%-owned wind park in Pągów, Opole province, located 80 km from Nysa. The wind park was commissioned in 2012. This is the first PPA signed by ENGIE with an industrial company in Poland. The PPA will allow ENGIE to secure the economic viability of the wind park beyond the end of the current subsidy scheme. At the same time, the PPA will contribute to Umicore’s roadmap towards carbon neutrality by 2035 and secure long-term renewable electricity supply for the plant in Nysa. Umicore is leading the charge in sustainability by driving renewable energy projects and its commitment contributes to maximizing the lifetime of renewables on the Polish grid. Umicore’s Nysa plant is the first industrial cathode materials production plant in Europe and is soon to be commissioned. Initial commercial production volumes are expected year-end. Umicore will be using 100% green power on site as of the start of the operations. Eric Stab, CEO of ENGIE North, South and Eastern Europe, said: “As one of the most industrialized countries in Europe, Poland will be key for Europe’s carbon neutrality objectives. ENGIE, as a major renewable energy producer, sees many opportunities to develop green corporate PPAs in Poland in the coming years, considering the carbon reduction commitments taken by many international and Polish companies. ENGIE’s purpose and strategy are fully aligned with this target and ENGIE is ready to support Umicore, one of its historical customers in Belgium, in reaching its carbon neutrality objective in Poland.” Marc Grynberg, CEO of Umicore, said: “We are very proud that our cathode materials production plant, the first in Europe, will be carbon neutral as of the start of production. This sets Umicore well ahead of its peers and is an important step in our race to achieve net zero GHG emissions by 2035.” About UMICORE : Umicore is a global materials technology and recycling group. It focuses on application areas where its expertise in materials science, chemistry and metallurgy makes a real difference. Its activities are organized in three business groups: Catalysis, Energy & Surface Technologies and Recycling. Each business group is divided into market-focused business units offering materials and solutions that are at the cutting edge of new technological developments and essential to everyday life. Umicore generates the majority of its revenues and dedicates most of its R&D efforts to clean mobility materials and recycling. Umicore’s overriding goal of sustainable value creation is based on an ambition to develop, produce and recycle materials in a way that fulfils its mission: materials for a better life. Umicore’s industrial and commercial operations as well as R&D activities are located across the world to best serve its global customer base. The Group generated revenues (excluding metal) of € 3.2 billion (turnover of € 20.7 billion) in 2020 and currently employs 10,800 people More information: Investor Relations Saskia Dheedene +32 2227 72 21 saskia.dheedene@umicore.com Eva Behaeghe +32 2 227 70 68 eva.behaeghe@umicore.com Media Relations Marjolein Scheers +32 2 227 71 47 marjolein.scheers@umicore.com About ENGIE : Our Group is a global reference in low-carbon energy and services. Together with our 170,000 employees, our customers, partners and stakeholders, we are committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally friendly solutions. Inspired by our purpose (“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. Turnover in 2020: 55.8 billion Euros. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe, Euronext Vigeo Eiris - Eurozone 120/ Europe 120/ France 20, MSCI EMU ESG, MSCI Europe ESG, Euro Stoxx 50 ESG, Stoxx Europe 600 ESG, and Stoxx Global 1800 ESG).
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Posted at 01/3/2021 08:44 by ariane
ENGIE Multimedia content Links (1) All (1) Source: ENGIE | 15 minutes ago ENGIE acquires 100 MW Concentrated Solar Power plant in South Africa The plant is located in the Northern Cape of South Africa, which is also the location of ENGIE’s 100 MW Kathu CSP plant Print Share Favourite Copy text Get source logo Egalement disponible en Français JOHANNESBURG, South Africa, March 1, 2021/APO Group/ -- ENGIE (ENGIE-Africa.com) is pleased to announce that it has reached an agreement to acquire from Abengoa a 40% equity stake in Xina Solar One, a 100 MW Concentrated Solar plant, as well as 46% of the Operations & Maintenance Company. The plant is equipped with parabolic trough technology and a molten salt storage system that allows for 5.5 hours of energy storage to provide reliable electricity during peak demand. Power is contracted through a 20 years Power Purchase Agreement with Eskom (South African Electricity Public Utility). Xina Solar One is supplying clean energy to more than 95,000 South African households and prevents the emission into the atmosphere of approximately 348,000 tons of CO2 each year. The plant is located in the Northern Cape of South Africa, which is also the location of ENGIE’s 100 MW Kathu CSP plant. Xina Solar One increases ENGIE’s renewable footprint and is a further step to cementing its position as the leading Independent Power Producer in the country. Synergies between Xina and Kathu will be developed to further enhance the operational efficiency of both plants. “With the acquisition of this project, ENGIE is pursuing its low carbon strategy. Xina augments the country’s installed peaking power and reduces its dependence on coal-fired electricity. The 100 MW CSP plant also contributes to ENGIE’s geographic rationalization by expanding its footprint in South Africa, where it is the leading Independent Power Producer with 1,320 MW of installed capacity.” says Sébastien Arbola, CEO of ENGIE MESCATA. With the acquisition of this project, ENGIE is pursuing its low carbon strategy Mohamed Hoosen, CEO of ENGIE Southern Africa commented: “ENGIE is valued as a highly skilled IPP and a long-term player in the South African power industry. We are adding an innovative high-performing plant and are increasing our CSP capacity. This investment will create value over the longer term while accelerating impact on the energy transition of our customers.” Co-shareholders on Xina Solar One include Public Investment Corporation, a pension fund manager and a shareholder on ENGIE’s Kathu project (20%); Industrial Development Corporation, a development finance institution wholly- owned by the South African Government (20%); and Xina Community Trust, funded by the IDC (20%). Xina Solar One, which started commercial operation in August 2017, was built by Abengoa. Completion of the transaction is subject to the fulfillment of certain conditions including merger control clearance from relevant competition authorities. In South Africa, ENGIE has interests in a CSP plant (100 MW Kathu), a wind farm (94 MW Aurora), 2 solar photovoltaic plants (21 MW) and 2 thermal power peaking plants (670 MW Avon and 335 MW Dedisa). Distributed by APO Group on behalf of ENGIE. Press Contact: Email: engiepress.mescat@engie.com About ENGIE MESCATA: ENGIE (ENGIE.com) has a presence of almost 30 years in the Middle East, South & Central Asia, Turkey and Africa region. In the Middle East, it is the regional leading independent power & water producer with a gross capacity of 30 GW of power and 5.5 million m3/day of water production, serving over 40 million people daily with power and 10 million with potable water from desalination. In Africa, the Group has 3.15 GW of power generation capacity in operation or construction and is South Africa’s first Independent Power Producer. It is a leader in the decentralized energy market, providing clean energy to more than five million people through domestic solar installations and local microgrids. ENGIE’s renewable portfolio exceeds 2,300 MW of power in India and Africa. In the Middle East, the Group is a regional leader in district cooling through Tabreed, in which it has a 40% stake, and which currently delivers over 1.4 million tons of cooling across 86 plants in the GCC. ENGIE is also a leading provider of Customer Solutions in the Gulf region and Morocco. For more information : ENGIEMiddleEast.com and ENGIE-Africa.com. About ENGIE: Our group is a global reference in low-carbon energy and services. Together with our 170,000 employees, our customers, partners and stakeholders, we are committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions. Inspired by our purpose (“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. Turnover in 2020: 55.8 billion Euros. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris - World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance).
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Posted at 15/2/2021 12:32 by waldron
Orange : joins forces with ENGIE to deliver a global renewable energy supply solution 02/15/2021 | 12:03pm GMT share with twitter share with LinkedIn share with facebook Orange is joining forces with ENGIE, the leading developer of solar and wind power in France, to deliver a global renewable energy supply solution in the country. This will involve creating new solar energy production capacities, managing the production of all renewable electricity capacities contracted by Orange with other producers and supplying additional volumes to cater to Orange's actual consumption. Ecoutez le contenu de la page avec notre synthèse vocale The 15-year Corporate Power Purchase Agreement (PPA) between Orange and ENGIE covers the development of two new solar projects totalling 51 MWp in L'Epine (38 MWp) and Ribeyret (13 MWp), both located in the Hautes-Alpes region. These two solar farms will be operational by 1 January 2023 at the latest. The regions covered by these solar projects will reap significant economic benefits: local companies will build, operate and maintain the sites, and rent will be collected and tax income generated by the facilities. Under this agreement, ENGIE will aggregate all of the renewable energy produced by the wind farms and solar plants for which Orange France signed a power purchase agreement. Furthermore, ENGIE will put its expertise in energy management to use to deploy a continuous energy strip that caters as closely as possible to Orange's actual consumption profile. Fabienne Dulac, Orange's Executive Vice-President and CEO of Orange France said: 'Reducing our environmental footprint is a major part of Orange's strategy. By 2025, the Group plans to reduce 30% of its direct CO² emissions compared to 2015 and reach an electricity mix made up of 50% renewable energy. Signing this agreement with ENGIE is extremely important in this regard; it illustrates our desire to be a major player in the field of power purchase agreements in France. We are proud to contribute to the country's energy transition and also proud of the economic development of the regions where new solar power facilities will be built.' 'We are proud to work with Orange France on building a prosperous, sustainable and low-carbon future. This PPA contributes to increasing the share of renewables on French territory and thus contributes to achieving the ambitious objectives of the multi-year energy program. This innovative contract illustrates ENGIE's expertise across the entire renewable electricity value chain and our ambition to accelerate our clients' energy transition. ', said Rosaline Corinthien, CEO of ENGIE France Renewables. About ENGIE Our group is a global reference in low-carbon energy and services. Our purpose ('raison d'être') is to act to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions, reconciling economic performance with a positive impact on people and the planet. We rely on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. With our 170,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress. Turnover in 2019: 60.1 billion Euros. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris - World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance). ENGIE & renewable energies In the face of the climate emergency, ENGIE's purpose is to act to accelerate the transition towards a carbon-neutral economy. With 31 GW of renewable energy production installed throughout the world, the Group intends to take up the challenge of greening its clients' energy mix. In France, ENGIE is the leader in development of renewable solar and wind energy. The Group has a presence in all technological sectors and supports regions and companies in their carbon neutrality strategy. Its teams are spread all over France and operate 7.9 GW of renewable capacity (including 1.2 GW of photovoltaic capacity). ENGIE press contact: Tel. +33 (0)1 44 22 24 35 engiepress@engie.com ENGIEpress Investor relations contact: Tel. +33 (0)1 44 22 66 29 ir@engie.com Ariane CHAN 15/02/202112:46 CET Attachments Original document Permalink Disclaimer Orange SA published this content on 15 February 2021 and is solely responsible for the information contained there
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Posted at 07/12/2019 07:51 by ariane
ENGIE : acquires Renvico and strengthens its growth in wind energy in Italy and in France share with twitter share with LinkedIn share with facebook share via e-mail 0 12/05/2019 | 04:51pm GMT Press release 5 December 2019 ENGIE acquires Renvico and strengthens its growth in wind energy in Italy and in France ENGIE announces the acquisition of Renvico from Macquarie Infrastructure and Real Assets (MIRA), via Macquarie European Infrastructure Fund 4, and from KKR with its co-investors. The onshore wind installed capacity of the Renvico comprises 329 MW of operating wind farms of which 142 MW in Italy and 187 MW in France. Renvico further develops a greenfield portfolio of 300 MW. Gwenaëlle Avice-Huet, ENGIE's Executive vice president in charge of Renewable Energy said: "This acquisition will contribute to ENGIE's growth ambitions, adding 9 GW worldwide by 2021, of which 3 GW in Europe. In France, this transaction will allow ENGIE to strengthen its onshore wind leadership, with a 2.1 GW installed capacity at the end of 2018. In Italy, ENGIE will double its onshore wind installed capacity, to reach more than 300 MW. ENGIE already supplies 100% green electricity for 2,9 million clients in France and 1 million clients in Italy. This new portfolio brings also an additional 300 MW capacity to be developed. It's a corner stone of our ambition to accelerate the zero carbon transition of our clients." In France, ENGIE is the leading producer of wind (2 100 MW) and solar power (1 200 MWp), and the leading alternative producer of hydropower energy (3 900 MW). ENGIE's renewable activities employ 2,500 staff. In Italy, ENGIE is the first operator for energy efficiency services. It currently employs 3,600 staff, managing the energy of 1 million customers, over 300 municipalities, 10,000 buildings and 3,500 schools. ENGIE provides also electricity and gas. The completion of the transaction is subject to Antitrust and Foreign Investment clearances. ENGIE Headquarters engie.com Tower T1 - 1 place Samuel de Champlain - Faubourg de l'Arche - 92930 Paris La Défense cedex - France ENGIE - A PLC WITH CAPITAL OF 2 435 285 011 EUROS - RCS NANTERRE 542 107 651 - Tel. +33 (0)1 44 22 00 00 About ENGIE Our group is a global reference in low-carbon energy and services. In response to the urgency of climate change, our ambition is to become the world leader in the zero carbon transition "as a service" for our customers, in particular global companies and local authorities. We rely on our key activities (renewable energy, gas, services) to offer competitive turnkey solutions. With our 160,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress. Turnover in 2018: 60.6 billion Euros. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris - World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance). ENGIE HQ Press contact: Investors relations contact: Tel. France: +33 (0)1 44 22 24 35 Tel.: +33 (0)1 44 22 66 29 Email: engiepress@engie.com Email: ir@engie.com ENGIEgroup ENGIE Headquarters engie.com Tower T1 - 1 place Samuel de Champlain - Faubourg de l'Arche - 92930 Paris La Défense cedex - France ENGIE - A PLC WITH CAPITAL OF 2 435 285 011 EUROS - RCS NANTERRE 542 107 651 - Tel. +33 (0)1 44 22 00 00 Attachments Original document Permalink Disclaimer Engie SA published this content on 05 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 December 2019 16:50:04 UTC share with twitter share with LinkedIn share with facebook
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Posted at 03/10/2019 15:56 by waldron
ENGIE : strengthens its local roots in Belgium and reviews the governance of Electrabel to create more openness share with twitter share with LinkedIn share with facebook share via e-mail 0 10/03/2019 | 03:16pm BST Press release 3 October 2019 ENGIE strengthens its local roots in Belgium and reviews the governance of Electrabel to create more openness Johnny Thijs and Etienne Denoël join the Board of Directors of Electrabel SA as external directors. Johnny Thijs becomes Chairman of the Board. Belgium is a key country for ENGIE, which wants to make it a champion in energy efficiency. As ENGIE leads the country in green energy production, energy supply and energy efficiency for professional and institutional customers, it is in the best possible position to achieve this ambition in the service of Belgium and the Belgian people. To make an even better contribution to the country's climate- and energy-related challenges and improve its efficiency, ENGIE is reviewing the governance of Electrabel to create more openness and to further develop its roots in the country. The governing bodies of Electrabel appointed five new directors, two of them external, on Thursday 3 October. Johnny Thijs and Etienne Denoël join the Board of Directors as external directors of Electrabel SA. Johnny Thijs becomes Chairman of the Board. Philippe van Troeye remains Managing Director of Electrabel SA. The presence of Johnny Thijs and Etienne Denoël in the center of Electrabel's governing bodies will enable the company to open up and to reinforce the dialogue between the company and its stakeholders. Their personalities are complementary. They are determined to strengthen the role of Electrabel SA, a fully-owned subsidiary of ENGIE, in contributing to the country's climate- and energy-related challenges. Isabelle Kocher, CEO of ENGIE says: "ENGIE's ambition is to become a leader of the zero- carbon transition by offering its clients innovative, tailor-made and funded solutions. Belgium is a historic country but above all a country of the future for the Group, because it brings together all of our expertise. It is a crucial area where synergies have intensified in recent years and where we are convinced that the potential for energy efficiency is immense. I warmly welcome the arrival of Johnny Thijs and Etienne Denoël as external directors of Electrabel SA. Their extensive professional experience and their sensitivity to the realities of Belgian ENGIE CORPORATE HEADQUARTERS Tour T1 - 1 Place Samuel de Champlain - Faubourg de l'Arche - 92930 Paris La Défense Cedex - Franceengie.com ENGIE - A PLC WITH CAPITAL OF 2,435,285,011 EURO - NANTERRE TRADE AND COMPANIES REGISTER NO. 542107651 - Tel.: +33 (0)1 44 22 00 00 economic and social life will be of great value in making Electrabel more transparent and making its mission clearer in Belgium." Johnny Thijs, Chairman of the Electrabel Board of Directors says: "I am enthusiastic about joining the Electrabel Board of Directors as Chairman. Energy efficiency is a huge challenge in Belgium. I am convinced that Electrabel can enable its Belgian customers to make a difference and that it will be a reference partner in enabling the country and its regions to achieve their climate and energy objectives. New capacity in renewable energy, mobility and tailor-made solutions for power-intensive users are some of the areas in which Electrabel is determined to move forward." Etienne Denoël, Director of Electrabel: "Strengthening the local roots of ENGIE and its subsidiaries can only be achieved by improving dialogue with stakeholders. It is in this spirit of openness and dynamism that I am joining Electrabel's Board of Directors. Today, companies are no longer just economic actors. They have the role of moving the country forward - particularly through research and innovation - in response to the challenges that arise whilst creating a close network with all social actors." Biographies Johnny THIJS Johnny Thijs began his career in Marketing & Sales with well-known groups active in mass consumption and mass distribution such as Rothmans Int., Master Foods and Kraft Jacobs Suchard. He joined the Interbrew Group (now AB Inbev) in 1991, and was appointed CEO Europe, Africa and Asia Pacific in 1995. In 2002 Johnny became CEO of the Belgian postal service (now BPost). He successfully turned the business around and steered it through a partial privatisation in 2006, followed by a stock market flotation in 2013. He left BPost in 2014 to become a Director of a number of private and listed companies. Johnny is currently Chairman of the Board of Recticel, Corealis, Golazo and Hospital Logistics, and a Director of H. Essers. He also serves as an adviser to CVC and Lazard Benelux. Johnny Thijs holds a degree in Commercial Engineering from the University of Hasselt. ENGIE CORPORATE HEADQUARTERS Tour T1 - 1 Place Samuel de Champlain - Faubourg de l'Arche - 92930 Paris La Défense Cedex - Franceengie.com ENGIE - A PLC WITH CAPITAL OF 2,435,285,011 EURO - NANTERRE TRADE AND COMPANIES REGISTER NO. 542107651 - Tel.: +33 (0)1 44 22 00 00 Etienne DENOËL Etienne Denoël is Director Emeritus of consulting firm McKinsey, for which he worked from 1987 to 2018 as a consultant to private companies and public sector institutions. He has undertaken a number of assignments in Europe and North America in the energy, industry and services sectors. In 2000 he established the McKinsey Solutions, Research and Knowledge Center in Belgium (Louvain-la-Neuve). Since 2007, he has also been involved in education, supporting a range of initiatives such as the non-profit organisation Teach For Belgium, the Foundation for Education (Fondation pour l'Enseignement) and the Pact for Excellence in Teaching (Pacte pour un Enseignement d'Excellence), an initiative sponsored by the Government and organisations in the Wallonia- Brussels Federation. In September 2018, he left McKinsey to become CEO of Act for Education (Agir pour l'Enseignement), also a non-profitorganisation. From 1984 to 1986, he worked for Philips as a research engineer in the fields of Artificial Intelligence and Expert Systems. Etienne holds a degree in Electrical Civil Engineering from the Université Catholique de Louvain (1978-1983) and three additional Master's degrees: Master of Science in Electrical Engineering, University of Southern California, Los Angeles (1983-1984) Special Degree in Management, Université Libre de Bruxelles (1984-1986) Master of Science in Engineering & Economic Systems, Stanford University, Palo Alto (1986- 1987) He is a Fellow of the Francqui Foundation and the Belgian American Educational Foundation (BAEF). ENGIE CORPORATE HEADQUARTERS Tour T1 - 1 Place Samuel de Champlain - Faubourg de l'Arche - 92930 Paris La Défense Cedex - Franceengie.com ENGIE - A PLC WITH CAPITAL OF 2,435,285,011 EURO - NANTERRE TRADE AND COMPANIES REGISTER NO. 542107651 - Tel.: +33 (0)1 44 22 00 00 The Board of Directors of Electrabel SA Johnny Thijs, Chairman of the Board of Directors Philippe Van Troeye, CEO Paulo Almirante Pierre Chareyre Etienne Denoël Judith Hartmann Cedric Osterrieth Thierry Saegeman Patrick van der Beken About ENGIE We are a leading world group that provides low-carbon energy and services. To tackle the climate emergency facing us all, our aim is to become the world leader in the zero-carbon energy transition "as a service" for our clients - particularly for companies and regional authorities. We use our expertise in our key business areas (renewables, gas, services) to provide competitive and bespoke solutions. With our 160,000 employees, our clients, our partners and our stakeholders, together we form a community of imaginative builders, striving every day to bring about a more harmonious form of progress. Turnover in 2018: €60.6 billion The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris - World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance). About Electrabel Electrabel, subsidiary of the ENGIE group, is the biggest energy company in Belgium. It is active in power production, power and natural gas sales and energy related services. The company supplies innovative, value creating and tailor made energy solutions to its 2.7 mios residential, business and industrial customers. Electrabel operates locally a diversified power production fleet with an installed capacity of 9 700 MW. It is comprised of renewable energy sources, classical production units and nuclear power plants. The CO2 emission of its production park is one of the lowest in Europe. Additionally, Electrabel is the biggest green power producer of Belgium with an installed capacity of 681 MW. ENGIE Group press contact: Investor relations contact: Tel. France: +33 (0)1 44 22 24 35 Tel. +33 (0)1 44 22 66 29 Email: engiepress@engie.com Email: ir@engie.com ENGIEgroup ENGIE CORPORATE HEADQUARTERS Tour T1 - 1 Place Samuel de Champlain - Faubourg de l'Arche - 92930 Paris La Défense Cedex - Franceengie.com ENGIE - A PLC WITH CAPITAL OF 2,435,285,011 EURO - NANTERRE TRADE AND COMPANIES REGISTER NO. 542107651 - Tel.: +33 (0)1 44 22 00 00 Attachments Original document Permalink Disclaimer Engie SA published this content on 03 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 October 2019 14:15:02 UTC
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Posted at 17/7/2019 08:52 by grupo
Https://www.engie.com/en/shareholders/dividend/bonus-dividend/ Bonus dividend ENGIE rewards The shareholders’ loyalty ENGIE proposes a 10% bonus dividend for any registered share (indirectly or directly), for at least two continuous years (full calendar years), up to the dividend payment date. To receive the loyalty bonus, send this registered form to your bank. Any share registered before 31/12/2019, will thus benefit in 2022 from the bonus the dividend related to 2021. Answers to frequently asked questions What is a bonus dividend? This is a bonus limited, by law, to 10% of the amount of the dividend paid out for a fiscal year. The bonus dividend is designed to reward loyal shareholders. It involves amending the bylaws by a decision of the Extraordinary General Meeting. For ENGIE case, the decision to amend the bylaws was taken by the Combined General Meeting of April 28, 2014 for a first payout in 2017 related to the financial year 2016. Who can benefit from the bonus dividend? Shareholders who have held ENGIE registered shares (indirectly or directly) for at least two continuous years*, up to the dividend payment date. Please note that by law, the bonus dividend is capped for each shareholder at 0.5% of share capital. I hold registered shares for more than two years. Can I benefit retroactively from the bonus dividend? No, this measure is not retroactive. The decision applies to shares held for at least two continuous years* from the Combined General Meeting of April 28, 2014. Why do I have to register my shares to benefit from the bonus dividend? The law requires that shares be held in registered form, since holding registered shares it’s the only way to identify the shareholder and the duration of the shareholding. How to register my shares? It is very simple. You need to send to your financial intermediary an application to convert to indirectly register shares or to switch to directly registered shares. To that end, you can download the standard form or call 0 800 30 00 30 (free calls from a landline in France, Monday to Friday from 9 a.m. to 1 p.m. and from 2 p.m. to 6 p .m.). Be careful, the registration process can take several weeks depending on the financial institution. What is the difference between indirectly and directly registered shares? Indirectly registered shares: Your shares remain with your financial intermediary, who manages them. Consequently, the management of your shares is similar to that of « bearer » shares. However, your shares are registered in the ENGIE books. Directly registered shares: Your shares are registered directly in the books of Société; Générale Securities Services, manager of the ENGIE shares service. This type of holding shares enables you to benefit from free custody fees and certain normal management fees, specifically fees linked to the payment of dividends and share operation costs (capital increase…). Are shares held in a « PEA » eligible? Yes, if you are a French resident, you can benefit from the bonus dividend under your « PEA » by registering your ENGIE shares. However, due to the complexity of managing « PEA » shares, the banks strongly recommend opting for administered registered shares. What is the typical scheduling of the bonus dividend? Year N: Registration of shares prior to December 31; Years N+1 and N+2: Shares held in the registered form; Years N+3, 4, 5… Distribution of bonus dividend in N+3, then each year if you hold your registered shared. When the bonus is paid? The bonus, applied to the entire dividend for the year, is paid out at the same time as the balance of the dividend after the Annual General Meeting. Interim dividends are paid out without bonus. From 2020 and the dividend to paid for fiscal year 2019, the annual dividend and the bonus dividend will be paid in a one time. What is the taxation on the bonus dividend? The taxation of the interim dividend is similar to that on dividends. Switching your shares to registered shares has no impact on the taxation. *full calendar years Practical Information The actions eligible for the dividend have a specific code that identifies the year of payment of the bonus, see below: ISIN Code Year of registration Year of application of the loyalty bonus FR0013215407* Shares already eligible for the bonus prime 2019 FR0013292703 2017 2020 FR0013374493 2018 2021 These shares remain transferable in the same way as the shares listed on the main code ENGIE (FR0010208488). *On 1st January 2019, Euroclear assimilated the shares entered on the value code FR0013215399 ENGIE loyalty bonus 2019 into the value code FR0013215407 ENGIE premium loyalty bonus.
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