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Engie


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Belgian nuclear power reactor outages

TABLE-Belgian nuclear power reactor outages Revises end date for DOEL 4 outage under reactors out of service Sept 13 (Reuters) - Belgium has seven nuclear power reactors with a combined capacity of almost 6 gigawatts, which are operated by Electrabel, part of France's Engie (formerly known as GDF Suez). Nuclear power plants regularly stop production for maintenance or to refuel.
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Engie, Ares Management Partner On Renewables And Storage Assets In The U.S.

REFILE-BRIEF-Engie, Ares Management Partner On Renewables And Storage Assets In The U.S. Refiles to add additional 3rd bullet point Sept 12 (Reuters) - Engie SA ENGIE.PA : ENTERS A PARTNERSHIP WITH ARES MANAGEMENT FOR A 2.7 GW PORTFOLIO OF RENEWABLES AND STORAGE ASSETS IN THE U.S. OVERALL 2.7 GW PORTFOLIO CONSISTS OF 15 PROJECTS IN OPERATION ACROSS ERCOT, MISO, PJM AND SPP TRANSACTION REPRESENTS LARGEST OPERATING PORTFOLIO SELL DOWN FOR ENGIE IN U.S.
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US natural gas stockpiles seen up 48 bcf last week

RPT-POLL-US natural gas stockpiles seen up 48 bcf last week Repeats Sept. 11 poll with no changes Sept 11 (Reuters) - U.S. utilities likely added a smaller-than-usual 48 billion cubic feet (bcf) of natural gas into storage last week, according to the average estimate in a Reuters poll on Wednesday. That compared with an injection of 50 bcf during the same week a year ago and a five-year (2019-2023) average increase of 67 bcf for this time of year.
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French gas consumption to drop 20% by 2030, grid operators say

UPDATE 1-French gas consumption to drop 20% by 2030, grid operators say Adds context throughout By Forrest Crellin and Benjamin Mallet PARIS, Sept 12 (Reuters) - Gas consumption in France is expected to drop by almost 20% by 2030 under changes aimed at meeting climate targets and efforts to curb costs, French grid operators said on Thursday. France is one of Europe's largest energy consumers and its gas consumption influences the region's trade flows and prices.
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French gas consumption expected to drop by 20% by 2030, grid operators say

French gas consumption expected to drop by 20% by 2030, grid operators say PARIS, Sept 12 (Reuters) - Gas consumption in France is expected to drop by almost 20% by 2030 under changes aimed at meeting climate targets, grid operators GRDF, GRTgaz and Terega said in a study on Thursday. They estimated 2030 consumption at 321 terawatt-hours (TWh), down 78 TWh from 2023. Some 20% of the gas consumed in 2030 is expected to come from renewable or low-carbon sources, the study said.
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US natural gas stockpiles seen up 48 bcf last week

POLL-US natural gas stockpiles seen up 48 bcf last week Sept 11 (Reuters) - U.S. utilities likely added a smaller-than-usual 48 billion cubic feet (bcf) of natural gas into storage last week, according to the average estimate in a Reuters poll on Wednesday. That compared with an injection of 50 bcf during the same week a year ago and a five-year (2019-2023) average increase of 67 bcf for this time of year.
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French power firms fear revival of tax hike proposal, sources say

French power firms fear revival of tax hike proposal, sources say By Benjamin Mallet and America Hernandez PARIS, Sept 10 - French electricity producers are bracing for a potential surge in taxes, according to four sources with knowledge of the matter, as concerns grow that a new administration will revive a recent proposal to tax large power plants.
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Engie And Inrae Renew Partnership

BRIEF-Engie And Inrae Renew Partnership Sept 5 (Reuters) - Engie SA ENGIE.PA : ENGIE AND INRAE RENEW PARTNERSHIP RENEWAL OF THE PARTNERSHIP WITH THE SIGNING OF A NEW 5-YEAR FRAMEWORK AGREEMENT (CHANGES CODING AND LANGUAGE) PARTNERSHIP IN THE PRODUCTION OF BIOMETHANE FROM AGRICULTURAL WASTE AND RESIDUES NEW FRAMEWORK AGREEMENT RUNS UNTIL 2029 Source
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Belgian nuclear power reactor outages

TABLE-Belgian nuclear power reactor outages Moves DOEL 4 outage to reactors out of service Sept 3 (Reuters) - Belgium has seven nuclear power reactors with a combined capacity of almost 6 gigawatts, which are operated by Electrabel, part of France's Engie (formerly known as GDF Suez). Nuclear power plants regularly stop production for maintenance or to refuel.
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Belgian nuclear power reactor outages

TABLE-Belgian nuclear power reactor outages Removes TIHANGE 3 outage Aug 28 (Reuters) - Belgium has seven nuclear power reactors with a combined capacity of almost 6 gigawatts, which are operated by Electrabel, part of France's Engie (formerly known as GDF Suez). Nuclear power plants regularly stop production for maintenance or to refuel. They cut capacity gradually and it can take a few hours until output reaches zero.
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Brazil's grid caps power from wind and solar, threatening renewable projects

ANALYSIS-Brazil's grid caps power from wind and solar, threatening renewable projects By Leticia Fucuchima SAO PAULO, Aug 22 (Reuters) - Wind and solar energy producers in Brazil have warned they are reconsidering future investments there after the national grid operator repeatedly capped how much energy they could deliver in the past year, which squeezed their profits.
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Admiral, Capgemini, Zurich Insurance Group

EUROPE RESEARCH ROUNDUP- Admiral, Capgemini, Zurich Insurance Group Aug 22 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral, Capgemini and Zurich Insurance Group, on Thursday. HIGHLIGHTS * Admiral ADML.L : Jefferies raises to hold from underperform * Capgemini CAPP.PA : Jefferies cuts target price to EUR 185 from EUR 195 * Glenveagh Properties Plc GLV.I : Jefferies raises to buy from hold * Orsted ORSTED.CO : Deutsche Bank c
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Engie SA Announces Financial Close For Goorambat East Solar Farm In Victoria

BRIEF-Engie SA Announces Financial Close For Goorambat East Solar Farm In Victoria Aug 16 (Reuters) - Engie SA ENGIE.PA : FINANCIAL CLOSE FOR GOORAMBAT EAST SOLAR FARM IN VICTORIA FULL CONSTRUCTION OF FARM EXPECTED TO COMMENCE OVER THE COMING MONTHS. Further company coverage: ENGIE.PA
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US natural gas stockpiles seen up 6 bcf in week ended Aug 9

POLL-US natural gas stockpiles seen up 6 bcf in week ended Aug 9 Aug 14 (Reuters) - U.S. utilities likely added a much smaller-than-usual 6 billion cubic feet (bcf) of natural gas into storage last week as warmer-than-normal weather boosted cooling demand, a Reuters poll showed on Wednesday. That compared with an injection of 33 bcf during the same week a year ago and a five-year (2019-2023) average increase of 43 bcf for this time of year.
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Top of the Street: Evotec, Engie, Equinor

BUZZ-Top of the Street: Evotec, Engie, Equinor A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Deutsche Bank cuts Evotec EVTG.DE to "sell" from "hold" citing the company's profit warning issued on Tuesday, which it says implies consensus downgrades ** UBS upgrades Equinor EQNR.OL to "neutral" from "sell" seeing less risk for the Norwegian energy company as gas prices rebound in Europe INITIATIONS AND REINSTATEMENTS ** Jefferies initiates coverage of Engi
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Jefferies initiates Engie with 'buy' on 'unjustified discount'

BUZZ-Jefferies initiates Engie with 'buy' on 'unjustified discount' ** Jefferies initiates coverage on Engie ENGIE.PA with "buy" and PT of 19 euros, saying the French energy company is a compelling renewables play that trades at an unjustified discount to peers ** The broker says Engie's discount has scope to unwind through consensus earnings catch
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Brazil corporate earnings week ahead

DIARY-Brazil corporate earnings week ahead Aug 2 (Reuters) - Diary of Brazil (.BVSP) corporate earnings for the week ahead BRAZIL EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 05-Aug-2024 AMC VAMO3.SA Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA Q2 2024 Vamos Locacao de Caminhoes Maquinas e Equipamentos SA Earnings Release 05-Aug-2024 BMO BBSE3.SA BB Seguridade Participacoes SA Q2 2024 BB Seguridade Participacoes SA Earnings Release 05-Aug-2024 BMO BBDC4.SA Banco Bra
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Engie CEO: we made an offer to buy a UK asset but this was rejected

Engie CEO: we made an offer to buy a UK asset but this was rejected PARIS, Aug 2 (Reuters) - Engie ENGIE.PA CEO Catherine MacGregor said on Friday that Engie had submitted an offer to buy a UK asset but that the French company's offer was ultimately not retained. MacGregor declined to name the UK asset for which it had made an offer. Reuters had reported earlier that Engie had joined forces with Canada's second-largest pension fund Caisse de dépôt et placement du Québec (CDPQ) to try to buy B
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Engie up after it raises FY profit target, confirms dividend

BUZZ-Engie up after it raises FY profit target, confirms dividend Updates shares, adds analyst comment ** Shares in Engie ENGIE.PA rise around 3% after the French energy company lifted its profit guidance following H1 results that beat expectations ** It ups FY annual net recurring income group share forecast, to a range of 5.0-5.6 bln euros ($5.40
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Engie seen up after raising FY profit target

BUZZ-Engie seen up after raising FY profit target ** Shares in Engie ENGIE.PA are seen up 1.5%-2% after the French energy company lifted its profit guidance following H1 results which beat expectations ** It ups FY annual net recurring income group share forecast, to a range of 5.0-5.6 bln euros ($5.40 bln-6.05 bln), from 4.2-4.8 bln previously **
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