The restructuring of the group is gaining momentum. Engie has just acquired a 95% stake in SolaireDirect with 100% of the voting rights for something just below €200m. With this, the group becomes the leader in French solar power and increases its renewable footprint worldwide as SolaireDirect already has a presence in 15 different countries. The news follows the possible IPO of the group's Belgian generation production as it expects to list its Belgian nuclear assets under the Electrabe
01 Jul 2015
The group’s transitioning process is taking a positive tailwind
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The group’s transitioning process is taking a positive tailwind
ENGIE SA. (ENGI:WBO) | 0 0 1.4% | Mkt Cap: 30,916m
- Published:
01 Jul 2015 -
Author:
Juan Camilo Rodriguez -
Pages:
3
The restructuring of the group is gaining momentum. Engie has just acquired a 95% stake in SolaireDirect with 100% of the voting rights for something just below €200m. With this, the group becomes the leader in French solar power and increases its renewable footprint worldwide as SolaireDirect already has a presence in 15 different countries. The news follows the possible IPO of the group's Belgian generation production as it expects to list its Belgian nuclear assets under the Electrabe