Energiser Investments Share Discussion Threads

[ariane] 07/8/2019 21:00

Engie evaluating new acquisitions in Brazil
Bnamericas Published: Wednesday, August 07, 2019
Photovoltaic Legislation & Regulation Gas pipelines Transmission Lines Privatization

French energy firm Engie is evaluating new acquisition opportunities in Brazil, the firm’s director-president Eduardo Sattamini told analysts during a conference call on Wednesday.

The company is currently Brazil’s second largest power generator and will focus on expanding in the areas in which it already operates, which also include transmission and natural gas infrastructure.

“We will continue to grow in Brazil. There are many opportunities to be grasped in the market and we'll probably have news by the end of the year. We could have M&A news,” Sattamini said.

Engie entered Brazil’s natural gas market with the acquisition of Petrobras’ gas transport unit TAG in April. The company expects the gas business to help it achieve steady cash flow as it involves long-term contracts. It is also optimistic about the regulatory changes to allow private investments in the segment.

“When you end a monopoly and the market becomes more competitive, there will be significant growth in gas consumption and production. With cheaper prices, the natural gas infrastructure becomes more important and opportunities will come,” Sattamini said.

According to the executive, another business that has good growth perspectives in Brazil is the free power market, and Engie is expecting to expand its free client base. In the solar power business, the firm will focus on distributed generation, aiming to close more long-term B2B contracts.

“We already decided we will seize opportunities in the free power market,” Sattamini said.

Engie posted a 385mn-real (US$96.7mn) second quarter profit in Brazil, down 34.6% year-on-year. Revenues were 2.18bn reais, up 1.9%. The company sold an average of 8,790GWh during the quarter, 4.1% less than in the same period 2018.

[waldron] 07/8/2019 17:15

Brent Crude Oil NYMEX 56.32 -4.45%
Gasoline NYMEX 1.47 -4.20%
Natural Gas NYMEX 2.11 -0.56%
(WTI) 50.77 USD -4.91%



FTSE 100
7,198.7 +0.38%
Dow Jones
25,682.33 -1.33%
CAC 40
5,266.51 +0.61%
SBF 120
4,168.86 +0.60%
Euro STOXX 50
3,307.12 +0.31%
DAX
11,650.15 +0.71%
Ftse Mib
20,536.92 -0.46%

Eni
13.194 -1.42%


Total
43.18 -0.84%

Engie
13.325 +0.49%

Orange
13.285 +0.11%


Bp
505.6 -0.28%

Vodafone
147.2 +0.56%

Royal Dutch Shell A
2,330.5 -0.09%

Royal Dutch Shell B
2,318.5 -0.47%

[waldron] 06/8/2019 17:22

Brent Crude Oil NYMEX 59.71 -0.17%
Gasoline NYMEX 1.55 -0.96%
Natural Gas NYMEX 2.13 +2.35%
(WTI) 54.55 USD +0.78%


FTSE 100
7,171.69 -0.72%

Dow Jones
25,741.47 +0.09%

CAC 40
5,234.65 -0.13%

SBF 120
4,143.91 -0.13%

Euro STOXX 50

3,296.85 -0.56%
DAX
11,567.96 -0.78%

Ftse Mib
20,665.33 -0.52%

Eni
13.384 -0.71%




Total
43.545 -1.34%

Engie
13.26 -0.67%

Orange
13.27 -0.08%


Bp
507 -1.67%

Vodafone
146.38 -0.89%

Royal Dutch Shell A
2,332.5 -1.25%

Royal Dutch Shell B
2,329.5 -1.38%

a day of dismay

[waldron] 05/8/2019 17:14

Brent Crude Oil NYMEX 60.61 -2.07%
Gasoline NYMEX 1.58 -2.45%
Natural Gas NYMEX 2.09 -3.02%
(WTI) 55.35 USD +0.04%

FTSE 100
7,223.85 -2.47%
Dow Jones
25,939.72 -2.06%
CAC 40
5,241.55 -2.19%
SBF 120
4,149.1 -2.28%
Euro STOXX 50
3,315.47 -2.00%
DAX
11,658.51 -1.80%
Ftse Mib
20,773.94 -1.30%


Eni
13.48 -1.46%



Total
44.135 -1.33%


Engie
13.35 -2.31%

Orange
13.28 -0.90%



Bp
515.6 -2.14%

Vodafone
147.7 -1.77%

Royal Dutch Shell A
2,362 -1.73%

Royal Dutch Shell B
2,362 -1.93%

[waldron] 02/8/2019 17:12

Brent Crude Oil NYMEX 62.06 +2.58%
Gasoline NYMEX 1.63 +1.99%
Natural Gas NYMEX 2.10 -4.93%
(WTI) 55.34 USD +1.65%


FTSE 100
7,407.06 -2.34%
Dow Jones
26,323.76 -0.98%
CAC 40
5,359 -3.57%
SBF 120
4,245.77 -3.38%
Euro STOXX 50
3,382.97 -2.97%
DAX
11,872.44 -3.11%
Ftse Mib
21,083.82 -2.24%


Eni
13.68 -2.95%

Total
44.73 -3.91%


Engie
13.665 -1.34%

Orange
13.4 -0.89%


Bp
526.9 -2.19%

Vodafone
150.36 -0.86%

Royal Dutch Shell A
2,403.5 -2.53%

Royal Dutch Shell B
2,408.5 -2.57%

[waldron] 01/8/2019 17:12

Brent Crude Oil NYMEX 63.38 -2.57%
Gasoline NYMEX 1.65 -3.12%
Natural Gas NYMEX 2.22 -1.51%
(WTI) 56.77 USD -1.46%


FTSE 100
7,584.87 -0.03%
Dow Jones
27,169.92 +1.14%
CAC 40
5,557.41 +0.70%
SBF 120
4,394.3 +0.70%
Euro STOXX 50
3,486.68 +0.56%
DAX
12,253.15 +0.53%
Ftse Mib
21,542 +0.67%



Eni
14.096 -0.76%


Total
46.55 -1.03%


Engie
13.85 -0.50%

Orange
13.52 +0.71%

Bp
538.7 -1.28%

Vodafone
151.66 +1.05%

Royal Dutch Shell A
2,466 -4.93%

Royal Dutch Shell B
2,472 -5.01%

[grupo guitarlumber] 01/8/2019 14:26

12
Oct
2018
Payment of the interim dividend for 2018 (€0.37/share)

[grupo guitarlumber] 01/8/2019 14:23

OCTOBER/03/2019 Investor Day

[maywillow] 01/8/2019 12:42

ENGIE WINS £200 DEAL WITH UNIVERSITY OF LEICESTER
Leicester University © Shutterstock
Leicester University © Shutterstock
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01 August 2019 | Herpreet Kaur Grewal


Engie has secured over £200 million in contracts for a student accommodation and regeneration scheme with Freemens Common Village LLP, the special purpose vehicle (SPV) established to design, build, fund, manage and operate the project for the University of Leicester.



Engie will oversee the delivery of 1,164 new student homes across seven blocks, the refurbishment of a grade II-listed building (to be used as office and study space), the construction of a 500-space multi-storey carpark and the creation of a new 9,000-square metre teaching and learning centre.


This will be followed by a 50-year hard facilities management contract, which will support the day-to-day lives of the students by providing technical services, estates management and external cleaning for the new residences, as well enabling high-speed Wi-Fi and IT services to ensure the best experience for occupants.


Engie will also deliver lifecycle management to the residences, which incorporates infrastructure replacement right through to internal components.


A key element in the design of the new facilities is energy efficiency. The overall scheme will incorporate a number of renewable and energy-saving technologies, including solar panels, highly efficient centralised gas-fired combined heat and power (CHP) and LED lighting.

[waldron] 31/7/2019 17:21

Brent Crude Oil NYMEX 65.03 +0.62%
Gasoline NYMEX 1.86 +0.60%
Natural Gas NYMEX 2.26 +5.90%
(WTI) 58.44 USD +0.34%




FTSE 100
7,586.78 -0.78%
Dow Jones
27,222.09 +0.09%
CAC 40
5,518.9 +0.14%
SBF 120
4,363.57 +0.13%
Euro STOXX 50
3,466.85 +0.04%
DAX
12,189.04 +0.34%
Ftse Mib
21,377.56 +0.47%


Eni
14.204 +0.78%


Total
47.035 -0.42%

Engie
13.92 -0.85%

Orange
13.425 -0.26%



Bp
545.7 +0.46%

Vodafone
150.08 -0.77%

Royal Dutch Shell A
2,594 -0.69%

Royal Dutch Shell B
2,602.5 -0.59%

[waldron] 30/7/2019 17:19

Brent Crude Oil NYMEX 64.01 +0.61%
Gasoline NYMEX 1.82 +0.43%
Natural Gas NYMEX 2.11 -0.09%
(WTI) 57.08 USD -0.04%

FTSE 100
7,646.77 -0.52%
Dow Jones
27,185.63 -0.13%
CAC 40
5,511.07 -1.61%
SBF 120
4,357.97 -1.56%
Euro STOXX 50
3,465.47 -1.82%
DAX
12,147.24 -2.18%
Ftse Mib
21,303.7 -1.87%

Eni
14.094 -1.08%



Total
47.235 -1.72%

Engie
14.04 -1.92%

Orange
13.46 -1.14%


Bp
543.2 +3.07%

Vodafone
151.24 -0.66%

Royal Dutch Shell A
2,612 +0.37%

Royal Dutch Shell B
2,618 +0.34%

[waldron] 30/7/2019 07:58

Engie SA (ENGI.FR) said Tuesday that earnings more than doubled in the first half thanks largely to the proceeds from asset sales and lower impairment losses.

Net profit at the French energy company rose to 2.1 billion euros ($2.34 billion) from EUR938 million a year earlier, Engie said. Revenue ticked up to EUR33 billion from EUR30.2 billion, the company said.

The company said it booked EUR1.6 billion from asset sales, the bulk of which came from the sale of its majority stake in Thai energy group Glow. Lower impairments also contributed to the stronger bottom line, Engie said.

On an operational level, Engie reported strong results from its energy-management and nuclear businesses, but said its renewables unit was hit by lower hydroelectric production in France.

Engie confirmed its 2019 guidance for net recurring income of between EUR2.5 billion and EUR2.7 billion, and said profit growth will be weighted toward the second half of the year.



Write to Nathan Allen at [e-mail]



(END) Dow Jones Newswires

July 30, 2019 02:38 ET (06:38 GMT)

[waldron] 30/7/2019 06:41

MEED


Saudi agricultural group signs solar contract with Engie

29 July 2019 11:30 AM By Andrew Roscoe

qatar solar ipp

Nadec has signed a 25-year power purchase agreement with French energy firm for photovoltaic solar project

[waldron] 29/7/2019 17:06

Brent Crude Oil NYMEX 63.26 -0.17%
Gasoline NYMEX 1.81 -0.73%
Natural Gas NYMEX 2.11 -2.00%
(WTI) 56.19 USD +0.38%


FTSE 100
7,686.61 +1.82%
Dow Jones
27,264.11 +0.26%
CAC 40
5,601.1 -0.16%
SBF 120
4,427.18 -0.19%
Euro STOXX 50
3,529.67 +0.08%
DAX
12,417.47 -0.02%
Ftse Mib
21,744.33 -0.43%


Eni
14.248 -0.63%


Total
48.06 +0.06%

Engie
14.315 +1.89%

Orange
13.615 +0.70%


Bp
527 +0.76%

Vodafone
152.24 +4.27%

Royal Dutch Shell A
2,602.5 +2.14%

Royal Dutch Shell B
2,609 +2.15%

[maywillow] 29/7/2019 13:56

30 July 2019: Publication of results of the first half of 2019

[waldron] 29/7/2019 07:06

GTT: AlphaValue remains with reduce but adjusts target up from 84.20 to 85.70 EUR.

[waldron] 26/7/2019 17:16

Brent Crude Oil NYMEX 63.68 +0.46%
Gasoline NYMEX 1.82 -0.08%
Natural Gas NYMEX 2.15 -3.50%
(WTI) 56.05 USD -0.04%


FTSE 100
7,549.06 +0.80%
Dow Jones
27,158.98 +0.07%
CAC 40
5,610.05 +0.57%
SBF 120
4,435.56 +0.66%
Euro STOXX 50
3,526.99 +0.34%
DAX
12,419.9 +0.47%
Ftse Mib
21,835.04 -0.31%


Eni
14.338 -0.08%


Total
48.03 +0.23%


Engie
14.05 +0.72%

Orange
13.52 +0.97%



Bp
523 -0.11%

Vodafone
146 +10.61%

Royal Dutch Shell A
2,548 +0.33%


Royal Dutch Shell B
2,554 +0.45%

HAVE A GREAT WEEKEND

AH REFRESHING RAIN AT LAST

[maywillow] 26/7/2019 10:40

(Update: comments from the Suez CEO on the strategic repositioning of the group and its contacts with the Amber Capital fund, share price)


PARIS (Agefi-Dow Jones) - Utilities group Suez Environnement confirmed Friday its financial targets for 2019 after a rise in its results in the first half, thanks to the positive contribution of all its divisions.


In the first six months of the year, net income group share stood at 212 million euros, against 90 million euros in the same period a year earlier, said Suez in a statement. The group's turnover reached 8.66 billion euros, an increase over one year of 3.7% as reported and 3.5% organic. These variations incorporate the impact of the IFRS 16 accounting standard, applied since January 1, 2019.


Gross operating income (EBITDA) increased by 15% on a reported basis and 2.4% on an organic basis, to 1.52 billion euros, representing a margin of 17.6% of sales, compared with 15.8% a year earlier.


EBIT was 645 million euros, up 6.2% on a reported basis and 4.8% organically. Suez achieved an EBIT margin over sales of 7.5%, compared to 7.3% in the first half of 2018.


According to the consensus established by FactSet, analysts expected on average a net profit of 232 million euros and a turnover of 8.61 billion euros. Analysts forecast gross operating income of 1.48 billion euros and operating income of 635 million euros.


The Group's net financial debt, including the impact of the IFRS 16 accounting standard, was 10.61 billion euros at June 30, compared with 9.32 billion euros a year earlier. It thus corresponded to 3.3 times Ebitda at 30 June, with constant accounting standards, compared to 3.5 times a year earlier.


For 2019, Suez has confirmed an organic revenue growth of between 2% and 3% and a rate of between 4% and 5%. Suez also expects a free cash flow growth of 7% to 8% this year and a debt ratio around 3 times EBITDA. For 2020, the group has reaffirmed its "desire to continue lowering the debt ratio".


"We are advancing, with the support of the Board of Directors, in the strategic review conducted as part of Suez 2030. The strategic repositioning that will result from this review will be presented by October 30," commented the Director General of Suez , Bertrand Camus, quoted in the release.


The leader said he was "determined" to improve the selective growth profile "to create value for all stakeholders".


The group wants to choose the activities offering growth in the long term and the current review will lead to clear choices, said during a conference call, Bertrand Camus, who did not want to "speculate" on any specific disposals or acquisitions.


In addition, Bertrand Camus said he met with representatives of the investment fund Amber Capital, including at the last general meeting of the group on May 14. The group is in a "phase of dialogue with all stakeholders" teams as shareholders, and discussions with the fund are "of the same nature" as with others, said Bertrand Camus.


Last week, Amber Capital announced that it had sent Suez members a letter and a detailed presentation in which the fund detailed "its recommendations for an overhaul of the strategy in order to put the group back on the road to success. value creation ".


At 9:30, the Suez share gained 0.7% to 13.14 euros in a generally stable Paris market.


-Alice Doré, Agefi-Dow Jones; [phone]; [e-mail] ed: LBO - ECH


FINANCIAL RELEASES OF SUEZ ENVIRONNEMENT:


All news from SUEZ - SUEZ Group


Agefi-Dow Jones The financial newswire


(END) Dow Jones Newswires


July 26, 2019 03:32 ET (07:32 GMT)