Engie: The latest figures, news and market research on Engie

Turnover: 82.6 billion EUR (2023)

Country: France

Engie (formerly GDF Suez) is a French company listed on the stock exchange. It was founded in 2008 through the merger of Gaz de France and Suez, where the latter was involved in the construction of the Suez Canal in 1858.
It operates within the electricity industry and, since 2016, the company has proactively invested in renewable energies, in parallel with the "distancing" of the coal business. Nevertheless, the largest energy segment in terms of capacity is gas, which accounts for 55%.
The company's main shareholder is the French government, which holds around 24% of the capital.
More than 170,000 employees

News

Engie accelerates battery development in the United States 25/09/2024

1. Storage capacity added by Engie in the U.S. since January: 1 gigawatt (GW), bringing total U.S. installations to 1.8 GW.
2. Total capacity of Engie installations worldwide: 2.3 GW.
3. Engie's renewable generation capacity in the U.S.: 6 GW.
4. Percentage of flexibility required*: 20 to 30% for 100 megawatts of installed generation capacity.

Engie persuades BASF to acquire biogas for the long term 05/07/2024

Biogas contract duration: 7 years
Delivery location: Ludwigshafen in Germany and Antwerp in Belgium
- Biomethane use: Replacement of fossil gas in various production processes (automotive industry, packaging, detergents, textiles, etc.)
- biomethane is almost three times more expensive than fossil gas
- Number of similar contracts signed by Engie: 5, including one with chemical company Arkema

Engie launches Dutch biomethane production 16/04/2024

**Engie's target for 2030**: to reach a biomethane production capacity of 10 TWh.

**Engie's current production capacity**: over 1 TWh

**Capacity of new units in the Netherlands**:- **Hardenberg**: 90 GWh, with possible extension to 140 GWh. - **Alkmaar**: 47 GWh, with potential to double capacity.

**Engie investment by 2030**: 3 billion euros in biogas

**Biomethane prices**: - In the Netherlands: between €90 and €105 per MWh. - In France: around €110 per MWh.
**Distribution of Engie capacity by country**: - Netherlands: 137 GWh. - United Kingdom: 217 GWh. - France: approx. 0.7 TWh.

Engie New Ventures bets on Upstream Tech, a start-up specializing in water management 16/12/2023

Creation of ENGIE New Ventures (ENV): 2014
Total amount invested by ENV: Over 250 million euros
ENV investment areas from 2020: Biogas, hydrogen, renewable energies and decarbonization
Upstream Tech creation date: 2016
Upstream Tech headquarters: Massachusetts, USA
Number of Upstream Tech employees: Around 30
Power of ENGIE's hydroelectric fleet worldwide: 18 gigawatts, equivalent to 18 nuclear reactors.

Install 11,000 charging stations in France in two years 18/06/2023

Engie Vianeo electric mobility brand
12,000 electric charging points planned in France by 2025
1,000 charging points already deployed
800 fast and ultra-fast charging points on APRR, SANEF, Vinci Autoroutes and ESSO motorway networks (Certas Energy France)
Presence in 35 Indigo parking lots in 20 cities, Eurométropole de Strasbourg, Communauté d'Agglomération d'Epinal, Métropole Aix-Marseille-Provence, B & B Hotels parking lots and Norauto sites
4,500 fast and ultra-fast charging points (less than 20 minutes charging time).
electricity from renewable sources (hydro, wind and solar)
French national target of 400,000 charging points by 2030

Arkema signs major biomethane purchase agreement with Engie 20/01/2023

Purchase of 300 gigawatt-hours of energy per year over 10 years
This contract, billed as one of the largest private biomethane contracts in Europe to date, is the first of its kind in France
This low-carbon gas comes from 17 methanization sites, notably on farms, across France, whose production the energy giant buys for resale
France has 500 biogas plants connected to the gas distribution network
The sector accounts for 2% of national gas consumption, and is growing fast

Engie boosts its offshore wind portfolio by winning two projects in Scotland | Engie adds two new offshore wind projects to its portfolio by winning them in Scotland. 23/08/2022

Ocean Winds, the joint venture between Engie and its Portuguese partner EDPR, has won a tender to build and operate two Scottish offshore wind projects
At a depth of 100 meters, they will require floating wind technology
The larger project, which will generate 1.8 GW, will be sufficient to supply 2 million homes with electricity.
The investment would be around 1.4 billion euros