Energiser Investments Share Discussion Threads

[waldron] 21/2/2023 07:42

Next dividend

Forecast

Type Final

Per share 1.40 euros


Ex-div date 16 May 2023 (Tue)

Pay date 18 May 2023 (Thu)

[waldron] 03/1/2023 09:25

shareholding in GTT


ENGIE SA 3,614,277 9.75%

[grupo guitarlumber] 07/12/2022 07:15

(Bloomberg) -- Engie SA expects to move forward with three South African solar projects this week as the nation struggles to accelerate a program to add renewable power.

The French developer plans to sign power-purchase agreements for a total of 225 megawatts of solar projects after being selected as a preferred bidder as part of the so-called fifth bid window, according to Mohamed Hoosen, Engie’s managing director for renewables in Africa, Middle East and Asia. 

South Africa picked 25 wind- and solar-power projects to be built by private developers last year to reduce the nation’s reliance on coal for electricity and end rolling blackouts that are curbing economic growth. Those plans have faced various delays and challenges to reach financial close.

“It’s always a challenge -- the market has changed fundamentally to how it was 18 months ago,” Hoosen said in an interview, referring to factors including a surge in supply-chain costs.

South Africa revised commercial close timelines for the projects chosen in the fifth bid window. It’s since signed some agreements in a staggered order. Developers also await the selection of preferred bidders for the sixth bid window. 

The company remains interested in realizing more projects through the government program, Hoosen said. “To the extent that they bring these programs to market, we will be there to submit our bids.”

As part of South Africa’s energy transition, about 53 gigawatts of wind and solar plants will be required over the next decade as aging coal stations, currently producing over 80% of the nation’s electricity, are retired, according to state-owned utility Eskom Holdings SOC Ltd.

Job Creation

Plans to switch from a dependence on coal mean South Africa, with one of the worst unemployment rates in the world, needs to replace jobs that would be eliminated. A proposed solution is building or assembling some of the equipment in the country.

“There is tremendous value in establishing a local base for manufacturing,”; though there are some preliminary conditions, Hoosen said. “You need the certainty and reliability of the deployment of renewables” and you need to be competitive.

Engie has about 320 megawatts of renewable projects operating in South Africa, including two concentrated solar power stations capable of storing electricity for hours. That’s giving way to the use of photovoltaic panels with batteries “as we look at the evolution of technology and cost,” Hoosen said.

[waldron] 06/12/2022 17:04

Engie Boss: Europe Can Avoid Gas Shortage For Two Winters
By Josh Owens - Dec 06, 2022, 10:30 AM CST

Rising supply of non-Russian gas and lower demand will likely help Europe go through this winter, and the winter after that without devastating shortages of gas, the top French gas distributor Engie said on Tuesday.

“For this winter, the feeling is that we’ll manage” because gas inventories are still almost full in western Europe, Engie’s chairman Jean-Pierre Clamadieu said at a conference in Paris on Tuesday, as quoted by Bloomberg.

“Our experts at Engie have the feeling that we should manage to go through next winter without too many difficulties,” too, Clamadieu added.

Most analysts and top industry executives also believe that Europe is more or less prepared to face this winter with nearly full gas storage sites and a steady flow of LNG imports. Still, the regulator in the biggest economy, Germany, has recently warned that it might have to take drastic measures, such as gas rationing, if levels of gas in storage drop below 40% by February 1, 2023.  

The real concern about gas supply is for the winter after this one, the top executives of Europe’s biggest oil and gas majors said just before the heating season began.   

“I think it has been addressed for this winter,” BP’s chief executive Bernard Looney said at a panel at the ADIPEC energy conference in Abu Dhabi in early November.

“It’s the next winter I think many of us worry, in Europe, could be even more challenging,” Looney said.

Claudio Descalzi, the chief executive of Italy’s Eni, said on the same panel, “We are in good shape for this winter.”

“But as we said, the issue is not this winter. It will be the next one, because we are not going to have Russian gas – 98% [less] next year, maybe nothing,” Descalzi added.

The significant drop in Russian gas supply this year occurred only in June, meaning that Europe was able to stock up on some Russian gas earlier this year. But ahead of the 2023/2024 winter, the gap in gas supply in Europe will be much wider without Russian gas.

By Josh Owens for Oilprice.com 

[grupo guitarlumber] 29/11/2022 22:24

Upcoming events on ENGIE

February/21/2023   FY 2022 Earnings Release

[adrian j boris] 28/11/2022 11:15

Part of the Montel Group

Belgium’s nuclear talks with Engie in deadlock


28 Nov 2022 09:28

Herman Moestue

Oslo

28 Nov 2022 09:28

(Montel) The Belgian government and nuclear operator Engie Electrabel are in deadlock about extending the lifetimes of Doel 4 (1 GW) and Tihange 3 (1 GW) until 2036, L’Echo reported. 


Talks were due to be concluded before year end but would likely be ...…

[ariane] 11/11/2022 19:34

Summary Previous dividend Next dividend

Status Paid Forecast

Type Final Final

Per share 85¢ Sign Up Required

Declaration date 15 Feb 2022 (Tue) –

Ex-div date 25 Apr 2022 (Mon) 16 May 2023 (Tue)

Pay date 27 Apr 2022 (Wed) 18 May 2023 (Thu)

[ariane] 11/11/2022 19:27

(Boursier.com) - Engie is up 1.55% to 14.2 euros, confirming Thursday's gains after a solid quarterly publication.

The company has reiterated its 'outperform' recommendation on the stock with a target adjusted from €17 to €17.5.


At current levels, and taking into account its dividend assumption, the group is trading on an implied yield level close to 10% for the current year and above 7% for the next two years.


In relative terms, Engie is trading at a discount of around 30% to its sector, close to its all-time high, the broker said.

Deutsche Bank ('buy') raised its target from €15 to €16, citing another solid set of results, with a very good performance from the trading business. Finally, Goldman Sachs upgraded the stock from EUR 19.5 to EUR 21.7 and confirmed its 'buy' rating.

Translated with www.DeepL.com/Translator (free version)

[gibbs1] 09/11/2022 12:24

GTT unveils its innovative three-tank LNG carrier concept with two Approvals in Principle

October 25, 2022 11:45 ET | Source: GTT

GTT unveils its innovative three-tank LNG carrier concept with two Approvals in Principle

Paris – October 25th, 2022. GTT announces that it has received two Approvals in Principle (AiP) for its innovative three-tank LNG tanker design, from DNV and Bureau Veritas (BV). This cutting-edge technological solution is aimed at increasing the profitability and overall performance of the vessel.

This three-tank LNG carrier concept permits a reduction in construction costs through the suppression of one cofferdam, one pump tower and all associated cryogenic equipment (liquid and gas domes, valves, piping, radars, etc.). The overall surface area of the containment system will also be reduced by about 2,000 m², generating lower costs for the materials and vessel construction.

At the same time, the improved ratio between the volume of LNG transported and the surface area of the cryogenic liner will make it possible to reduce the daily boil-off rate. As an example, GTT estimates that it will achieve a boil-off rate as low as 0.080% of tank volume per day with the Mark III Flex technology, compared to 0.085% of the volume per day with the LNG carriers currently in operation.

This new design could also offer time-savings for shipyards and optimise their construction schedule.

DNV and BV have issued an approval in principle for this innovative three-tank LNG carrier design for the Mark III and NO96 technologies developed by GTT.

Philippe Berterottière, Chairman and CEO of GTT, said: "For almost 60 years, the GTT Group has been constantly improving its technologies to offer its customers solutions that meet their requirements as well as those of the regulatory authorities. Thirty years ago, we upgraded LNG carriers from five to four tanks and we now hope to bring the market forward with a three-tank LNG carrier. We hope to see this concept become standard in future years."

Jean-Baptiste Boutillier, VP Development, Innovation and Technical Strategy at GTT, said: "We are honored by the granting of these two approvals in principle for the design of the three-tank LNG carrier. We are convinced that this evolution will benefit all stakeholders by improving the performance of the LNG carrier while reducing its carbon footprint."



About GTT

GTT is a technological expert in containment systems with cryogenic membranes used to transport and store liquefied gases. For over 50 years, GTT has been designing and providing cutting-edge technologies for a better energy performance, which combine operational efficiency and safety, to equip LNG carriers, floating terminals, land storage, and multi-gas carriers. GTT also develops systems dedicated to the use of LNG as fuel, as well as a full range of services, including digital services in the field of Smart Shipping. The Group is also active in hydrogen through its subsidiary Elogen, which designs and assembles electrolysers notably for the production of green hydrogen.

GTT is listed on Euronext Paris, Compartment A (ISIN FR0011726835 Euronext Paris: GTT) and is notably included in SBF 120, Stoxx Europe 600 and MSCI Small Cap indices.

For more information, visit www.gtt.fr.

Media contact:
[e-mail] / + 33 (0)1 30 23 48 45

Investor Relations contact:
[e-mail] / + 33 (0)1 30 23 20 87

About DNV

DNV is the world’s leading classification society and a recognized advisor for the maritime industry. We enhance safety, quality, energy efficiency and environmental performance of the global shipping industry – across all vessel types and offshore structures. We invest heavily in research and development to find solutions, together with the industry, that address strategic, operational, or regulatory challenges. www.dnv.com/maritime

About Bureau Veritas

Bureau Veritas is a world leader in laboratory testing, inspection and certification services. Created in 1828, the Group has close to 80,000 employees located in nearly 1,600 offices and laboratories around the globe. Bureau Veritas helps its 400,000 clients improve their performance by offering services and innovative solutions in order to ensure that their assets, products, infrastructure and processes meet standards and regulations in terms of quality, health and safety, environmental protection and social responsibility.

Bureau Veritas is listed on Euronext Paris and belongs to the CAC 40 ESG, CAC Next 20 and SBF 120 indices.

Compartment A, ISIN code FR 0006174348, stock symbol: BVI.

For more information, visit www.bureauveritas.com, and follow us on Twitter (@bureauveritas) and LinkedIn.
gibbs1
9 Nov '22 - 12:22 - 86 of 86 Edit
0 0 0
Engie has fallen below the 15% threshold in GTT's capital
09 November 2022 - 10:42AM
Dow Jones News



PARIS (Agefi-Dow Jones)--Engie declared on Wednesday to the French financial markets authority (AMF) that on Monday, November 7, 2022, it had crossed the thresholds of 15% of the capital and voting rights of the manufacturer of cryogenic membranes used to transport liquefied natural gas Gaztransport & Technigaz (GTT). The gas and electricity supplier now holds approximately 5.4 million GTT shares with the same number of voting rights, representing 14.65% of the company's capital and voting rights.


This threshold crossing results from the delivery by Engie of 293,219 GTT shares following the conversion of 290,000 bonds (issued by Engie on 2 June 2021 and maturing on 2 June 2024) exchangeable for existing GTT ordinary shares, said the French energy company. On this occasion, Engie declared that it had individually crossed the same thresholds downwards.


-Pierre-Jean Lepagnot, Agefi-Dow Jones [phone]; [e-mail] ed: LBO


Agefi-Dow Jones The financial newswire


(END) Dow Jones Newswires


November 09, 2022 05:22 ET (10:22 GMT)

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[sarkasm] 26/10/2022 08:57

Engie to supply 200 GWh of solar, wind power to German Schott
.

October 26 (Renewables Now) - The German unit of French energy company Engie SA (EPA:ENGI) will deliver 200 GWh of power from German wind and solar parks to glass manufacturer Schott AG under two power purchase agreements (PPAs).

The contracted electricity will be produced by six solar parks in Germany that went into operation between 2017 and 2020 and a wind farm that started operations at the end of 2021, Engie Deutschland said on Tuesday.

Subscribe for Renewables Now's Corporate PPA Newsletter here for free!

The power will be supplied within a period of three years, starting at the beginning of 2023.

Both contracts have a baseload structure with power delivery from concrete plants and the corresponding certificates of origin.

Schott seeks to become climate neutral by 2030 as one of the first companies in its sector to reach this goal. Switching to 100% renewables and green hydrogen for energy-intensive processes is a central part of the plan.

The Mainz-based company is owned by the Carl Zeiss Foundation and manufactures high-tech materials for specialty glass for clients in the healthcare, consumer electronics, semiconductors, energy and other industries.

[waldron] 07/10/2022 06:35

ENGIE : One can take advantage of the trading range to enter new positions

10/05/2022 | 07:24am BST

Entry price : 12.28€ | Target : 13.26€ | Stop-loss : 11.7€ | Potential : 7.98%

Shares in ENGIE currently show the technical configuration of a trading range.

The recently observed decline yields a good timing for new long positions close to the support level.


Investors have an opportunity to buy the stock and target the € 13.26.

[la forge] 21/9/2022 07:02

Procter & Gamble, Engie Partner on Solar Power Project
09/20/2022 | 02:06pm BST


(MT Newswires) -- Procter & Gamble (PG) and Engie North America said Tuesday they have reached a 200 megawatts power purchase agreement from Engie's Sun Valley solar project, located in Texas.

The companies said that the solar energy agreement, which is the largest for P&G globally, will supply the company with more than 530,000 megawatts hour annually once production starts at Sun Valley later this year, which is enough to power one in every three residences in Cincinnati.

The agreement, which is part of P&G plans to speed-up action toward net zero greenhouse gas emissions by 2040, is aimed to displace more than 367,000 metric tons of CO2-equivalent from the grid annually, they said.

Financial terms of the collaboration were not disclosed.

Price: 137.9, Change: -0.09, Percent Change: -0.07

[waldron] 16/9/2022 15:26

forbes


Reveals Three Ways Digital Twins Can Improve The Efficiency Of Solar Plants

Judith MagyarBrand Contributor

Sep 16, 2022,09:50am EDT

ENGIE is a global reference in low-carbon energy and services. Inspired by its raison d’être, its 170,000 employees, customers, partners and stakeholders worldwide are accelerating the transition towards a carbon-neutral world through reduced energy consumption and more environmentally-friendly solutions. In South America, ENGIE Chile has launched a number of energy projects as part of its commitment to end coal-fired power generation by substituting it with renewables such as solar.
Finding the right balance

That’s a tall order, especially in a long and narrow country like Chile, hemmed in by the Pacific Ocean on one side and the Andes Mountains on the other. While the desert where the solar fields are set up to generate electricity is home to the copper, gold, silver, and lithium mines, it is far from Santiago, the capital, where the center of solar plant operations is located.

“The biggest challenge of the energy transition is not just about harnessing and distributing the power of natural resources,” said Benedicte Piret, Leader of Efficiency and Sustainability at ENGIE Chile, at the recent International Conference for Utilities, presented by SAP and TAC Events in Munich, Germany. “Yes, we depend on the availability of the resource, but our biggest problem is to maintain the perfect balance between demand and production at all times, while keeping the energy mix as carbon neutral as possible.”

The ability to respond to demand depends greatly on a country’s energy mix. In Chile, thanks to an ongoing transition away from fossil fuels, the mix now includes 20% hydro and 25% wind and solar. While renewables are gaining ground, there are still some hurdles to wider adoption such as the intermittency of production, the realities of the market, regulations and a power transmission infrastructure which was built with large fossil fuel and hydro plants in mind.
Maintaining infrastructure

“Our solar fields are located in arid, windy landscapes,” Bénédicte Piret explained to the audience. As part of ENGIE Chile’s Asset Management team, Bénédicte Piret’s job is to make sure the company’s electrical generation assets achieve top performance and to find ways to integrate new digital technologies to increase the efficiency and value of assets. While renewable sources of energy such as solar are free and relatively cheap to operate, performance and maintenance require appropriate strategies and technology suited to the specific environmental conditions to which they are exposed.





In contrast to other regions where vegetation management is a problem along power lines, in Chile heavy winds carry sand and dust which cover the solar panels. “Cleaning the dust off the panels to increase performance is one of the toughest maintenance tasks,” said Bénédicte Piret. “
Harnessing digital twins

Solar power generation depends on the location of the plant, season, weather conditions, and overall plant performance. Maintaining an optimum between plant performance and maintenance costs over the lifetime of the assets is an important aspect in a sustainable energy transition.

In order to achieve such efficiency when assets are located thousands of miles away from the center of operations, Bénédicte Piret and her team embarked on a pilot project with SAP Enterprise Product Development (EPD) simulation based digital twin technology, part of SAP Industry Cloud offering.

Pairing the physical world with the virtual one allows the company to easily process huge chunks of data guided by the physical model of the asset. It validates real-time measurements based on the physical model and processes the measurements in order to provide a real-time dynamic reference of the expected production of the asset.

“The integrated digital twin allowed us to better plan our interventions thanks to remote diagnostics and systematic measurement of their impact on the performance,” said Bénédicte Piret. “Having a physical model as a base also significantly reduces the amount of instrumentation needed for a reliable and precise monitoring of the asset compared to statistic-based models, which allows us to focus more on key equipment.”

On top of that, having a model integrating real-time performance and maintenance records on the SAP platform is a great benefit for the performance teams. They now have all information in one place. Relevant events are automatically detected, the team receives reliable alerts and their impact is systematically measured.

Thanks to the technology, Bénédicte Piret’s team could see spikes of improved performance. For example, when a rare bout of rain washed the grime off the solar panels, it helped them adjust their maintenance plan to reflect the favorable weather conditions and reduce the cost of sending a cleaning crew during that period.

The pilot project, which ran for seven months on a small plant, demonstrated very promising results. Accurate and reliable real-time alerts helped decrease production losses by 11% as broken fuses were promptly replaced by local maintenance teams, and CO2 emissions were reduced by 10% when planned maintenance visits were optimized thanks to improved monitoring.

ENGIE Chile sees the model-based based integrated digital twin as an innovative and reliable tool to achieve a number of goals. First, it can detect anomalies in plant behavior and make recommendations on recovery actions. Next, it successfully measures the impact of maintenance activities on equipment performance to optimize costs. And finally, it is able to predict electrical photovoltaic plant output based on meteorological data using simulation techniques.

“Our digital twin was able to give us useful insights about how to act more efficiently,” said Bénédicte Piret. “We’re very excited about this innovative concept and its potential to improve how we manage solar plant performance.”



Follow me on Twitter.

Judith Magyar

[la forge] 16/9/2022 08:59

Orange is also keeping sustainability high on its agenda, unveiling support for a company that designs and produces connected devices, which enable more responsible energy consumption for heating homes. The telco said that Tiko, a subsidiary of the French utility group Engie, plans to deploy 800,000 connected devices in France over the next five years, which will remotely control electric radiators via the Orange LTE-M network. Expectations are that this will save up to 35% in energy costs, at a time when many countries around the world are struggling with the ongoing energy crisis. The solution is backed by Sierra Wireless, Lacroix and STMicroelectronics, which are Orange’s partners in its IoT Continuum programme. See more.

[la forge] 16/9/2022 08:49

GTT: sharp decline after new Engie share sale

JB.A. Published on 16/09/2022 at 09h11


GTT: sharp decline after new Engie share sale



(Boursier.com) - GTT dropped 4% to 115.9 euros the day after the announcement of a new sale of shares by Engie.

The energy group placed about 2.2 million GTT shares (representing about 6% of GTT's share capital) at a unit price of €115.5, according to information from 'Bloomberg'.


This price represents a discount of 4.3% on the closing price on Thursday evening.

Engie has undertaken that the remaining shares held in GTT will be subject to a one-year lock-up agreement.

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