Energiser Investments Share Discussion Threads

[gibbs1] 21/12/2024 23:53

Ex-div date 28 Apr 2025 (Mon)

Pay date 02 May 2025 (Fri)

[gibbs1] 21/12/2024 23:47

Analysts' Consensus

Mean consensus
BUY

Number of Analysts
16

Last Close Price
14.91EUR

Average target price
18.83EUR
Spread / Average Target
+26.30%

High Price Target
23.80EUR
Spread / Highest target
+59.62%

Low Price Target
16.80EUR
Spread / Lowest Target
+12.68%


MARKETSCREENER

[gibbs1] 21/12/2024 23:44

Summary

● The company presents an interesting fundamental situation from a short-term investment perspective.

● The company has a good ESG score relative to its sector, according to Refinitiv.

Strengths

● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.

● The company is one of the best yield companies with high dividend expectations.

● Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.

● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.

MARKETSCREENER
● For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.

● Analysts covering this company mostly recommend stock overweighting or purchase.

● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

● Consensus analysts have strongly revised their opinion of the company over the past 12 months.

Weaknesses

● As estimated by analysts, this group is among those businesses with the lowest growth prospects.

● The group shows a rather high level of debt in proportion to its EBITDA.

● The company is highly valued given the cash flows generated by its activity.

[ariane] 21/11/2024 20:34

November 21, 2024

by Savannah Coombe
LETSRECYCLE.COM


ENGIE submits plan for Northern AD facility

ENGIE has submitted plans to East Riding of Yorkshire council for the development of an agricultural anaerobic digestion facility to the east of Long Lane, near High Catton.

The site will draw its feedstock from local farms, while also providing some with the byproduct digestate to be used as a fertiliser.

Following feedback received during the pre-application consultation, ENGIE has said it plans to restrict traffic movements through High and Low Catton to ensure the impact on local communities is minimised by the facility.

It is expected that East Riding of Yorkshire Council will make a decision on the plans early in the new year. If approved, work is anticipated to start by summer 2025.

Rob McKeon, head of business development for renewable gases UK at ENGIE, said: “ENGIE is a key player in the UK’s energy transition and is committed to creating a greener tomorrow. Anaerobic digestion is both a sustainable solution for dealing with agricultural wastes and a local supply of renewable gas.

“We’ve worked closely with the local community over the last couple of months to understand the issues that are important to them. The planning application is supported by a range of detailed, technical assessments that show how the facility will be operated with minimal impact on the local area.

“We’ve also had lots of positive conversations about how we can support local causes and give something back to the local community.”

ENGIE said that it hopes that the AD plant will both reduce the amount of greenhouse gases being released from local agriculture and provide a sustainable and consistent income for local farmers.

Additionally, it said it plans to initiate several community projects including a Community Benefit Fund to support local causes and educational visits for local schools and community groups.

[misca2] 11/11/2024 12:12

ENGIE to Build Three Solar Farms in Ireland

by Paul Anderson
|
Rigzone Staff

| Monday, November 11, 2024 | 6:53 AM EST


ENGIE has selected Astatine and TLI Group to build three new solar farms in Ireland. The company said in a media release that these are its first onshore renewable projects in the country.

The projects will be located in Galway and Limerick counties. The three projects will have an installed capacity of 18 megawatts peak (MWp). Together they will provide enough electricity to power 4,100 homes.

The solar power installations in Ardnadoman, Dromsallagh, and Rooaun are among six projects granted funding through the Renewable Energy Support Scheme (RESS) 3 auction in 2023. The six collectively have a capacity of 60 MWp. The scheme is part of the country’s efforts to achieve at least 80 percent renewable electricity by 2030.

Construction of the initial three solar farms is expected to begin in January 2025, with a projected commissioning date of the second half of 2025, ENGIE said.

The energy company has also committed to establishing a community benefit fund connected to each solar farm. Approximately EUR 34,000 ($36,425) will be allocated by the fund to support communities, with support from a fund manager in Ireland.

“We are delighted to be investing in renewable energy in Ireland for the first time, demonstrating ENGIE’s commitment to expanding its renewable energy portfolio in the country”, Suresh Bhaskar, Managing Director of Renewables at ENGIE UK and Ireland, said. “These solar farms will not only contribute to the country’s clean energy mix but also bring significant economic and environmental benefits to local communities”.

The government of Ireland closed the fourth Onshore Renewable Electricity Support Scheme round in September this year. EirGrid plc as auction administrator said a total of 56 projects applied in the fourth round qualification process. A total of 43 projects qualified to participate in the auction, three failed to qualify while ten projects formally withdrew.

To contact the author, email [e-mail]

[waldron] 07/11/2024 09:13

STMicroelectronics has signed a 21-year agreement with ENGIE to receive renewable energy from a new solar park in Malaysia, aiming to achieve carbon neutrality by 2027.

This partnership, starting in 2025, will provide ST’s Malaysian operations with significant renewable energy, supporting their goal of sourcing 100% renewable energy by 2027.

The deal underscores ST’s commitment to sustainable practices and ENGIE’s role in the global energy transition.

For further insights into FR:STMPA stock, check out TipRanks’ Stock Analysis page.

[ariane] 22/10/2024 19:33

Upcoming events on Engie SA

07/11/2024 Q3 2024 Publication of results

[gibbs1] 21/10/2024 11:08

Engie mandates GBP 26yr green benchmark, tbp today
21 Oct 09:57

Julian Baker
IFRE.COM

[the grumpy old men] 18/10/2024 10:46

Europe gets its first ‘charging corridor’ for electric trucks in France
David Rogers
18.10.24


French autoroute operator APRR and green utility Engie Vianeo have opened Europe’s first electric-truck “charging corridor” between Paris and Lyon.

It consists of five new fast-charging stations in rest areas along the 440km route.

At each, a CCS 400-480kW charger will let drivers charge their trucks in 45 minutes, the length of a legally required rest stop, APRR said.





Engie Vianeo said they’re open to all types of heavy vehicles, including coaches, garbage trucks, and tractors with or without trailers, but drivers must book a slot in advance.

The goal is to make it easier for hauliers to electrify their fleets.

Engie Vianeo said it plans to open 11 more charging stations on the route by next year.

APRR held an opening ceremony for the corridor at La Galande rest area southeast of Paris.

The charging station there took under 12 months to install, reported Mobility.eu.

Heavy goods vehicles are responsible for 40% of transport-related emissions in France.

APRR expects the corridor to cut 40,000 tonnes of CO2 emissions in the next 10 years.

“Today, we are proud to be working alongside Engie Vianeo to decarbonise all forms of mobility,” said APRR manging director Guillaume Hérent.

Further reading:

German plan to build ‘electric highway’ between Norway and Italy

Japanese city to pioneer car charging at traffic lights

Sweden’s battery charging road goes live
l

Story for GCR? Get in touch via email: [e-mail]

[maywillow] 17/10/2024 10:35

Engie's Transition: A Two-Edged Sword

Wed, Oct 16, 2024

Author
Dinakar Sethuraman, New Delhi

Editor
Lauren Craft

james gifford-mead/Energy Intelligence

France's Engie endeavors to significantly build out its green energy capacity using a parallel focus on electrons and molecules, while venturing far beyond its roots in Europe.

With an ambition for net-zero by 2045 as its "guiding compass," the utility and energy giant is also seeking out energy solutions that fit the bill when it comes to affordability and security, while also adhering to "strict" criteria for returns, said Catherine MacGregor, group chief executive officer and board member of Engie.

[waldron] 15/10/2024 18:17

tipranks

Engie SA

€16.10
+0.185 (+1.16%)
At close: Oct 15 4:00 PM EDT


Strong Buy

8Ratings

8 Buy
0 Hold
0 Sell

Based on 8 analysts giving stock ratings to Engie
SA
in the past 3 months
ENGI Stock 12 Month Forecast
€19.45
▲(20.84% Upside)

Based on 8 Wall Street analysts offering 12 month price targets for Engie SA in the last 3 months.

The average price target is €19.45 with a high forecast of €21.50 and a low forecast of €17.50.

The average price target represents a 20.84% change from the last price of €16.10.

[misca2] 15/10/2024 08:36

WestRock Enters Virtual Power Purchase Pacts With Engie
14/11/2023 12:37pm
Dow Jones News

Engie (EU:ENGI)


By Colin Kellaher



WestRock has inked two virtual power purchase agreements with Engie North America, as the provider of paper and packaging solutions works to reduce its greenhouse-gas emissions.

WestRock on Tuesday said the agreements support two Engie solar projects in Texas for an aggregate of 282 megawatts.

The Atlanta company said the agreements, designed to add renewable energy to the U.S. energy grid, are one element of its strategy to pursue a science-based target to reduce scope 1, 2 and 3 greenhouse-gas emissions by 27.5% by 2030.



Write to Colin Kellaher at [e-mail]



(END) Dow Jones Newswires

November 14, 2023 07:22 ET (12:22 GMT)

[waldron] 01/10/2024 16:55

ENGIE launches consultation on UK anaerobic digestion facility

By Anthony Wright on Oct 01, 2024

Decarbonisation

ENGIE Group (ENGIE) has launched a community consultation on its proposal to develop an agricultural anaerobic digestion (AD) facility near High Catton, UK, aiming to provide renewable energy to power approximately 5,200 homes.

The project is expected to boost the local rural economy through partnerships with farmers, contributing to the UK’s push towards Net Zero carbon emissions by 2050.

The facility will convert biodegradable materials from nearby farms into low-carbon energy using the AD process, which breaks down organic matter in an oxygen-free environment to produce biogas.

The by-product of this process, a natural biofertiliser, is also expected to improve soil quality, offering farmers an alternative to expensive artificial fertilisers.

Rob McKeon, Head of Business Development at ENGIE Group, spoke on the dual benefits of the facility, saying, “Through our partnership with the local farming community we can help tackle the energy and environmental challenges of today, helping to lower the carbon footprint of farming and decarbonise our energy supply.”

In addition to providing green energy and supporting sustainable farming practices, the AD plant will generate local investment, create skilled jobs and offer long-term financial stability for farmers. The facility will also be complemented by woodland and hedgerow planting, enhancing local biodiversity.

The project aligns with the UK’s commitment to reducing greenhouse gas emissions, particularly in the energy and agriculture sectors. As part of its Climate Strategy, East Riding of Yorkshire Council is working to address these challenges, with the ENGIE facility contributing to local and national sustainability efforts.

The community consultation process has already begun, with a drop-in session scheduled for Thursday, 10th October at Catton Village Hall.
AG Image for 176044922


Local residents are invited to provide feedback on the plans before the consultation period closes on 24th October.

“We’re looking forward to meeting with the local community to discuss the plans and would encourage people to come along and have their say,” said McKeon.

The project is expected to reduce reliance on imported fossil fuels and contribute to energy security, while the Community Benefit Fund associated with the facility will support local causes.

Feedback gathered during the consultation will inform the final plans before ENGIE submits a formal planning application to East Riding of Yorkshire Council later this year.

ENGIE is involved in several anaerobic digestion (AD) projects across the UK. One of their key projects includes the Rainbarrow Farm AD facility in Dorset, which they acquired in 2024.

This facility has been operational for over a decade and produces biogas from agricultural feedstocks, generating renewable energy that powers around 3,500 homes.

The company has also partnered with Heathrow Airport to supply 100% green biomethane derived from AD. This partnership has helped the airport achieve carbon-neutral status by replacing natural gas with biomethane across all its terminals​


Anthony Wright is the Global News Journalist for gasworld, having joined the company in May 2021.

[waldron] 01/10/2024 11:14

Engie
15.605 +0.58%

[la forge] 23/9/2024 12:02

Register for World Coal magazine


Engie Energía Chile S.A. joins Bettercoal programme


Published by Will Owen, Editor

World Coal, Monday, 23 September 2024 10:11


Engie Energía Chile S.A. (EECL) has become the latest member of the Bettercoal Programme, demonstrating its commitment to promoting sustainability and responsibility within the coal supply chain.

The Bettercoal Programme is a global initiative that promotes continuous improvement in the mining and sourcing of coal. Through its assessment and assurance processes, Bettercoal works with its members, who are major utilities, and their suppliers to implement responsible practices and enhance the ESG performance at coal mining operations.

Katie Warrick, Executive Director of the Bettercoal Programme, shared:

“We’re delighted to welcome Engie Energía Chile to the Bettercoal Programme. Members play a crucial role in our work to promote a global responsible coal supply chain. With the addition of EECL, we look forward to further expanding our efforts and continuing to improve sustainability practices across the industry.”

[waldron] 12/9/2024 20:50

Upcoming events on Engie SA

07/11/2024 Q3 2024 Publication of results

27/02/2025 Q4 2024 Publication of results

[waldron] 12/9/2024 20:39

Engie SA


15.86 EUR −0.17 (1.06%)

Sep 12, 17:35 GMT+2
15.98 EUR ‎11:05

Open
16.06

High
16.12

Low
15.82

Mkt cap
38.98B

P/E ratio
8.05

Div yield
5.08%

CDP score
B

52-wk high
16.64

52-wk low
13.07

[waldron] 12/9/2024 20:36

Engie SA (ENGI) Stock Forecast & Price Target

ENGI 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.

[waldron] 12/9/2024 20:31

Engie California BESS faces further delays; additional safety mitigation agreed following US battery fires

By Matthew Biss

September 12, 2024

Engie Ripon project


The Planning Commission at the City of Ripon has issued a permit extension to Engie after the IPP experienced further delays in commencing construction of its 99MW/396MWh Ripon Reliability BESS project located in San Joaquin County, California.



This recent extension, granted at an August 19th 2024 planning commission meeting, is the second of its kind for the project after Broad Reach Power successfully extended the project’s conditional use permit (CUP) last year, before the independent power producer (IPP) was acquired by Engie during the third quarter of 2023.



Solar Media Limited 2024

[waldron] 12/9/2024 20:19

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.”

###

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”), 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. In North America, ENGIE helps our clients achieve their energy efficiency, reliability, and ultimately, their sustainability goals, as we work together to shape a sustainable future. We accomplish this through: energy efficiency projects, providing energy supply (including renewables and natural gas), and the development, construction and operation of renewable energy assets (wind, solar, storage and more). For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, and

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.

[grupo guitarlumber] 05/9/2024 11:26

Latest Dividends

Summary Previous dividend Next dividend

Status Paid Forecast

Type Special Final

Per share 62.5¢ Sign Up Required

Declaration date 27 Feb 2024 (Tue)
–
Ex-div date 02 May 2024 (Thu) 28 Apr 2025 (Mon)

Pay date 06 May 2024 (Mon) 02 May 2025 (Fri)

[grupo guitarlumber] 05/9/2024 11:17

Engie
16.08 +1.80%