Energiser Investments Share Discussion Threads

[la forge] 10/6/2019 12:10

scn scottishconstructionnow.com


ENGIE to deliver energy efficient affordable homes in Bellshill

Published 10 June 2019

Derelict land in Bellshill will shortly be transformed into 24 brand-new, energy efficient and affordable homes for Clyde Valley Housing Association (CVHA) after regeneration specialist ENGIE was appointed to deliver the £3 million project.

ENGIE will deliver eight 1 bedroom cottage flats and a further 16 two bedroom cottage flats across six blocks on Hamilton Road.

As well as offering fit for purpose, energy efficient homes for CVHA customers, it is hoped the new scheme will help to regenerate the area by bringing new life to brownfield land and enhancing the visual appeal of the area.

Bellshill is home to ENGIE’s regional office and the company has confirmed that local people and businesses will be very much at the heart of this project.

Brian Pettigrew, regional managing director for ENGIE’s Places & Communities division, said: “As with any scheme for any client – the success of it will depend on how much we put back into the local community. We always endeavour to utilise a local workforce and open up employment and training opportunities for surrounding residents; while working closely with our partners to identify local groups or enterprises that would benefit from additional support.

“This great new project neighbours our offices and is the first new build project we are delivering for CVHA so we’re excited to get on site and start transforming the land and hopefully lives. As a company that has expertise in energy, services and regeneration, we are perfectly placed to deliver these much-needed new homes and support CVHA in their efforts to future proof housing stock.”

Allan Murray, chairperson of Clyde Valley Housing Association, said: “Clyde Valley are pleased to be working with ENGIE to deliver 24 new homes in Bellshill. I would like to thank the continued support from both Scottish Government and North Lanarkshire Council who have backed the Association with our plans to deliver over 900 new properties in the next two years.”

Work is anticipated to start this month and is scheduled to complete in April 2020.

[waldron] 09/6/2019 18:21

Power giants in wind-to-hydrogen study
Dr Valerie Cummins from UCC
1
Dr Valerie Cummins from UCC

John Reynolds

June 9 2019 6:00 PM



Ahead of the Government's impending Climate Action Plan, the ESB and nine other Irish and foreign energy companies are examining the role that hydrogen produced by offshore wind energy might play in reducing carbon emissions from heating and transport.

Engie, a French utility with revenues of €60bn that aims to become a major player in renewable hydrogen is and industry partner of the study, as are two large Norwegian firms Statkraft Ireland and Equinor.
Please log in or register with Independent.ie for free access to this article.

[the grumpy old men] 07/6/2019 16:54

Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 15,3 €
Last Close Price 13,0 €
Spread / Highest target 42%
Spread / Average Target 17%
Spread / Lowest Target 0,08%

[the grumpy old men] 07/6/2019 16:53

Focused on the second half

Engie, however, confirmed its financial objectives for 2019, while management expects a growth focused on the second half with a gradual improvement in the performance of the Nuclear and Customer Solutions sections.

"Our growth and profitability trajectory is in line with our annual and medium-term forecasts, despite the adverse weather effects and the exceptionally good first quarter of 2018," said Isabelle Kocher, Executive Director. in the press release.

[the grumpy old men] 07/6/2019 16:49

Https: //www.lerevenu.com/bourse/valeurs-en-vue/eng ...


Engie will be able to buy the Petrobras gas pipeline network



Posted on 07/06/2019 at 10:57 - Updated on 07/06/2019 at 10:57

The Brazilian Supreme Court on Thursday released the sale by the state oil group Petrobras of its network of gas pipelines to French Engie and CDPQ Canadian fund for $ 8.6 billion.

The Supreme Court, ruling in plenary session after three consecutive meetings, decided that any privatization of state-owned enterprise should be the subject of a call for tenders and be approved by a vote of the Parliament, but that this rule did not apply to the subsidiaries of those undertakings.
Read also



In the process, Judge Edson Fachin announced the lifting of the suspension of the sale of Petrobras' assets in Engie, which he had ordered at the end of May as a precaution pending the decision.

The Supreme Court dismissed an appeal filed by oil unions against the sale of TAG.

Right-wing Brazilian President Jair Bolsonaro and his Minister of the Economy Paulo Guedes have launched privatization and large-scale concessions to reduce the country's public debt. These plans would have been seriously slowed down if the Supreme Court had decided that a parliamentary vote was mandatory, without exception, for any transfer of assets belonging to the Brazilian state.





According to the Ministry of Economy, Brazil has 134 state-owned enterprises, of which 88 have subsidiary status. Petrobras has 36 subsidiaries, Electrobras 30 and Banco do Brasil 16.

Petrobras hopes to sell assets for a total of about $ 27 billion in order to reduce its debt and refocus on its oil activities. The sale of TAG is the largest sale it has made so far, according to Bloomberg.

Petrobras has been in the thick of recent years a huge corruption scandal, revealed by the operation Lavage Express, and was hit by the fall in crude prices.

In 2018, however, the group posted its first five-year net profit of R $ 25.8 billion ($ 7.06 billion at this year's average rate). And its debt has fallen by 18% from 2017, reaching $ 69.4 billion.

On the stock market, the Engie share opened up 0.28% before continuing its momentum. Shortly before 11am Friday, May 7, the title of the energetic showed a rise of 1.9% to 13.24 euros.

[waldron] 07/6/2019 16:06

Brent Crude Oil NYMEX 62.92 +2.03%
Gasoline NYMEX 1.70 +0.95%
Natural Gas NYMEX 2.34 +0.47%
(WTI) 53.46 USD +0.47%


FTSE 100
7,331.94 +0.99%
Dow Jones
25,987.98 +1.04%
CAC 40
5,364.05 +1.62%
SBF 120
4,236.09 +1.61%
EuroStoxx 50
3,376.99 +1.23%
DAX Index
12,045.38 +0.77%
Ftse Mib
20,346.36 +0.84%

Eni
13.96 +0.43%


Total
47.795 +1.17%

Engie
13.215 +1.73%

Orange
13.725 +0.73%

Bp
551.8 +1.53%

Vodafone
129.9 +1.50%

Royal Dutch Shell
2,523 +0.96%


Royal Dutch Shell
2,530.5 +0.56%

[the grumpy old men] 06/6/2019 19:00

Canadian government selects ENGIE to achieve 2030 efficiency goals
June 6, 2019 0
district energy system
Image credit: Stock

ENGIE and its partners have won a contract to modernise, maintain and operate a district energy system in Canada.

Innovate Energy, comprising ENGIE, PCL Construction and Black &McDonald, won a 35-year contract to operate the district energy system that heats 80 buildings and cools 67 buildings in Canada's Capital Region.

The project is part of the Canadian government's Energy Services Acquisition Programme which aims to reduce energy use and carbon emissions by 40% by 2030.

The buildings served by the system include the parliament.

The project will include:

Making the existing heating system safer and less energy-consuming by converting it from steam to hot water
Replacing steam chillers with electric models in facilities in Ottawa and Gatineau
ENGIE operating and maintaining the new system through to 2055.

To date, ENGIE operates more than 320 district heating and cooling networks in 20 countries.

In Canada, ENGIE has been offering a range of clean energy and services since 1992 and operates more than 800 MW of electricity generation facilities.

[waldron] 06/6/2019 17:18

Brent Crude Oil NYMEX 60.62 -0.02%
Gasoline NYMEX 1.66 -0.42%
Natural Gas NYMEX 2.32 -2.52%

(WTI) 51.66 USD +0.21%


FTSE 100
7,259.85 +0.55%
Dow Jones
25,606.07 +0.26%
CAC 40
5,278.43 -0.26%
SBF 120
4,169.11 -0.34%
EuroStoxx 50
3,338.41 -0.08%
DAX Index
11,953.14 -0.23%
Ftse Mib
20,149.95 -0.03%




Eni
13.9 +0.23%


Total
47.24 +0.78%

Engie
12.99 +0.35%

Orange
13.625 -1.98%

Bp
543.5 +1.10%

Vodafone
127.98 -3.85%

Royal Dutch Shell
2,499 +1.56%

Royal Dutch Shell
2,516.5 +1.41%

[waldron] 05/6/2019 16:14

Brent Crude Oil NYMEX 60.45 -2.45%
Gasoline NYMEX 1.69 -2.20%
Natural Gas NYMEX 2.39 -1.20%
(WTI) 51.41 USD -3.07%

FTSE 100
7,220.22 +0.08%
Dow Jones
25,456.72 +0.49%
CAC 40
5,292 +0.45%
SBF 120
4,183.4 +0.55%
EuroStoxx 50
3,340.95 +0.12%
DAX Index
11,980.81 +0.08%
Ftse Mib
20,158.57 -0.35%



Eni
13.868 -1.07%


Total
46.875 -0.73%

Engie
12.945 +2.29%

Orange
13.9 +0.65%


Bp
537.6 -1.29%

Vodafone
133.1 -0.43%

Royal Dutch Shell
2,460.5 +0.06%

Royal Dutch Shell
2,481.5 +0.10%

[waldron] 05/6/2019 15:43

A consortium including Engie SA (ENGI.FR) has won a 35-year energy efficiency contract in Canada, Engie said Wednesday.

The consortium, which also includes PCL Construction and Black & McDonald, will deliver and modernize heating and cooling systems for government buildings in Ottawa.

"We are proud to partner with the government of Canada and help reduce its energy consumption and associated greenhouse gas emissions," Engie Chief Executive Isabelle Kocher said.

Financial details weren't disclosed.



Write to Pietro Lombardi at [e-mail]



(END) Dow Jones Newswires

June 05, 2019 09:17 ET (13:17 GMT)

[florenceorbis] 05/6/2019 13:16

5/06/2019 | 3:01 p.m.

PARIS (Agefi-Dow Jones) - Energy group Engie announced Wednesday that the Innovate Energy consortium, of which it is part of PCL Construction and Black & McDonald, has won a 35-year public-private partnership for the deployment of hot and cold systems and energy renovation of government buildings in Ottawa, Canada. Financial details of the contract were not disclosed.

MAIN POINTS OF THE COMMUNIQUE:

- From 2019 to 2025, the partners of the Innovate Energy consortium will design and pilot the transformation of the current system, which uses high temperature steam, to use hot water at low temperature, a more energy-efficient solution. This conversion will also involve the adoption of more environmentally friendly sources of energy. In parallel, the consortium will continue to provide heating and cooling services by exploiting existing facilities.

-Engie will operate and maintain the new system until 2055.

-This mandate is part of the Government of Canada's energy services procurement program and will contribute to its goal of reducing energy consumption and reducing greenhouse gas emissions by 40% by 2030 .

-Agefi-Dow Jones; [e-mail] ed: ACD

Agefi-Dow Jones The financial newswire

[sarkasm] 05/6/2019 04:03

solar energy
Tulare County to use solar energy at several facilities


With the hot blazing sunshine in the Central Valley, one county is taking advantage of the opportunity to make clean energy.
By Reuben Contreras
Updated 2 hours ago
TULARE COUNTY, Calif. (KFSN) -- With a flip of a switch, Tulare County is one step closer to using solar energy at several facilities.

The project has been several years in the making with ENGIE Service.

The solar company has worked with several government agencies throughout the state and that caught the eye of Tulare County leaders.

"I had seen many projects throughout our region," said county supervisor Kulyer Crocker. "Energy efficacy and generation projects and I knew we were missing an opportunity in Tulare County."

Tulare County has signed a 25-year contract with ENGIE that's expected to save the county $40 million in electricity during that time.

The county did not pay anything up front thanks to financing, but it will cost $2-$3 million a year to maintain the solar panels.

CEO of ENGIE John Mahoney says the county will get the money back with these solar panels saving energy at each site that includes the Tulare County Government Plaza.

"It includes energy storage. The three sites have energy back up battery storage," Mahoney said. "You essentially get to use solar-generated electricity even when the sun is not shinning."

ENGIE says the solar panels will also cut down on carbon generated emissions.

With the cut down on the cost of electricity, Tulare County leaders have a vision on where they'll direct the savings.

"Our biggest priorities are on public safety," Crocker said. "So I would imagine most of the savings are going to go back into facilities to rehabilitate and also help out with our public safety officials."

[waldron] 04/6/2019 17:14

4/06/2019 | 5:51 p.m.

PARIS (Agefi-Dow Jones) - Financial rating agency Moody's downgraded Engie's credit rating from "A2" to "A3" on Tuesday and added a stable outlook. adoption of the PACTE law which allows, among other measures, the French government to sell its stake "in the energy group. "Although the timing of possible future disposals is not known, Moody's believes that the promulgation of the law has crystallized a change in the intentions of the state and, as a result, a weakening of France's willingness to provide a financial support to Engie if needed ", explains the rating agency.

([e-mail]) ed: ECH

Agefi-Dow Jones The financial newswire

[waldron] 04/6/2019 17:00

Brent Crude Oil NYMEX 61.81 -0.29%
Gasoline NYMEX 1.76 -0.73%
Natural Gas NYMEX 2.40 -2.40%
(WTI) 53.63 USD +1.53%

FTSE 100
7,214.29 +0.41%
Dow Jones
25,223.35 +1.63%
CAC 40
5,268.26 +0.51%
SBF 120
4,160.67 +0.49%
EuroStoxx 50
3,333.49 +1.10%
DAX Index
11,971.17 +1.51%
Ftse Mib
20,235.41 +1.82%


Eni
14.018 +1.43%

Total
47.22 +1.09%


Engie
12.655 +1.12%

Orange
13.81 -2.40%

Bp
544.6 +0.11%

Vodafone
133.68 +2.86%

Royal Dutch Shell
2,459 -0.55%


Royal Dutch Shell
2,479 -0.34%

[la forge] 04/6/2019 12:25

Afrik21


ZAMBIA: Engie plans installation of 10 containerised mini-grids in rural areas

By Jean Marie Takouleu - Published on June 4 2019 / Modified on June 4 2019
ZAMBIA: Engie plans installation of 10 containerised mini-grids in rural areas©thatkasem14/Shutterstock
The French company Engie has recently committed to supply 10 new containerised solar power plants in rural Zambia. A way of supporting the Zambian government in its ambitions to provide widespread access to electricity in remote areas.

Engie recently undertook to provide 10 containerised solar power plants in rural Zambia, East Africa, as part of the Power Corner project. The agreement on this new project was negotiated in Paris between the company’s managers and Christine Kaseba-Sata, Zambia’s ambassador to France. The Zambian authorities have obviously been seduced by Engie’s recent project in the country.

On April 3, 2019, the French company commissioned a 28 kW containerised mini-grid in the Chitandika village in eastern Zambia. It consists of several solar panels, which, when installed, form a shade under which a container is located, serving as a technical building. “Engie’s new mini grid in Chitandika provides energy to 378 households, or 1,500 people who previously had no access to electricity, and I am pleased to say that this facility has improved the lives of local businesses and supports public services such as a health centre and two schools. For us, as a long-term investor, Zambia is a country where we would like to invest and expand our activities,” says Raphael Tilot, Director of Innovation and New Business at Engie Africa.
A project that fits in with Zambia’s energy policy

For several years, Zambia has been aware of its potential in terms of solar energy production and is finally starting to exploit it. Such an approach attracts many investors, most notably Engie. “As you may know, our development agenda is guided by the Seventh National Development Plan (7NDP), which has made the energy sector a driving force and an important sector of economic development. I am pleased that you are considering expanding your activities in Zambia and I would like to tell you that there are more opportunities in off-grid solutions, as it is an area that remains unexploited,” said Christine Kaseba-Sata, Zambia’s Ambassador to France, while talking to Engie.

In Zambia, Engie is also diversifying its offers in terms of solar energy production. The company sells solar home kits, an effective way to provide lighting in rural areas at a lower cost. According to Raphael Tilot, the company has already sold 90,000 solar home kits in the country’s remote areas. With this new project to supply 10 containerised mini-grids, Engie is strengthening its position in a country where solar projects are fast developing.

Jean Marie Takouleu

[la forge] 04/6/2019 12:24

Engie signs MoU in Djibouti for 30 MW solar plant

This project is part of the Djiboutian government’s efforts to develop renewable energy in the country, with a target to achieve 100% renewable generation by 2020.
June 4, 2019 Catherine Rollet

Utility-scale PV
Djibouti



The government of Djibouti and French energy group Engie have signed a memorandum of understanding to build a PV power station with a capacity of 30 MW in Grand Bara, Djibouti. State-owned utility Électricité de Djibouti (EDD) is actively involved in the project and has signed a memorandum of understanding with Engie.

The project, which will be the first large-scale solar power plant in the country, will be “followed by other projects in the field of energy such as rural electrification,R21; said HE Minister Yonis Ali Guedi in a press release.

According to the 2016-2020 Country Strategy Paper on Djibouti, published by the African Development Bank Group, the country faces problems such as inadequate distribution networks, and electricity prices are quite high. Approximately 80% of the nation’s energy comes from neighboring Ethiopia.

In a country where climatic conditions can be extreme — drought, floods and earthquakes are common — the government is aiming to achieve complete energy independence by setting a goal of 100% renewable energy production by 2020. But so far, Djibouti has yet to deploy any solar capacity, according to the latest statistics from the International Renewable Energy Agency (IRENA).

The country’s current installed generating capacity stands at just 126 MW, all of which comes from thermal power facilities. According to the United States Agency for International Development (USAID), Djibouti has the potential to generate more than 300 MW of electric power from renewable energy sources.

Through a subsidiary, Engie has around 3.15 GW of renewable energy capacity across the African continent, including commissioned projects and those still under development.


More articles from Catherine Rollet
[e-mail]

[waldron] 03/6/2019 16:18

Brent Crude Oil NYMEX 61.81 -0.29%
Gasoline NYMEX 1.76 -0.73%
Natural Gas NYMEX 2.40 -2.40%
(WTI) 53.63 USD +1.53%


FTSE 100
7,184.8 +0.32%
Dow Jones
24,856.77 +0.17%
CAC 40
5,241.46 +0.65%
SBF 120
4,140.31 +0.53%
EuroStoxx 50
3,297.29 +0.52%
DAX Index
11,792.81 +0.56%
Ftse Mib
19,862.89 +0.31%



Eni
13.82 +1.77%

Total
46.71 +0.15%

Engie
12.515 +0.52%

Orange
14.15 +0.78%


Bp
544 +0.72%

Vodafone
129.96 +0.42%

Royal Dutch Shell
2,472.5 +0.47%


Royal Dutch Shell
2,487.5 +0.57%

[grupo] 03/6/2019 07:42

ENGIE Sells Its German, Dutch Coal Assets

Multinational power and gas firm ENGIE on April 26 signed an agreement with global investment firm Riverstone Holdings for the sale of its shares in coal-fired power plants worth a combined 2.3 GW. Paris-based ENGIE owns 100% of the 800-MW Centrale Rotterdam plant in the Netherlands, the 472-MW Zolling site near Munich, and the 351-MW Farge plant, and it holds a 52% stake in the 731-MW site in Wilhelmshaven (Switzerland’s BKW Energie AG and municipal utility WSW Energie and Wasser AG hold the remaining stake of the project that is considered one of the most efficient in Europe). The transaction, which is expected to close this summer, will shave €200 million off ENGIE’s net consolidated debt. It will also diminish ENGIE’s coal share to 4%, compared to 13% at the end of 2015, when the company embarked on its aggressive transition toward zero-carbon. ENGIE’s CEO Isabelle Kocher said in a statement that the company will instead focus its investments on solutions for “corporates and local authorities, large-scale development of renewable energy and the necessary adaptation of power and gas networks to the energy transition.”

[waldron] 31/5/2019 16:45

Brent Crude Oil NYMEX 63.44 -2.89%
Gasoline NYMEX 1.80 -2.89%
Natural Gas NYMEX 2.48 -2.55%
(WTI) 55.05 USD -1.70%

FTSE 100
7,161.71 -0.78%
Dow Jones
24,935.15 -0.93%
CAC 40
5,207.63 -0.79%
SBF 120
4,118.56 -0.73%
EuroStoxx 50
3,280.43 -1.11%
DAX Index
11,726.84 -1.47%
Ftse Mib
19,820.15 -0.64%


Eni
13.58 -0.82%



Total
46.64 -0.43%

Engie
12.45 -0.40%

Orange
14.04 -0.04%

Bp
540.1 -0.22%

Vodafone
129.42 -0.40%

Royal Dutch Shell
2,461 -0.20%


Royal Dutch Shell
2,473.5 -0.28%