Expected for months now, Engie finally unveiled its roadmap for the coming years to show its operating organisation and expansion in renewables. This involves €9-10bn of disposals (including Bright) and €15-16bn of investments by 2023 to move towards the successful scheme of a strong expansion in green assets backed by the network cash-cow. A promising move, midway between the merciless capacity-driven utility race and the cautiousness that such a strategy requires.
Positive view confirmed.
19 May 2021
On the difficult but needed road towards the green transition
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On the difficult but needed road towards the green transition
Engie (ENGI:EPA), 0 | ENGIE SA. (ENGI:PAR), 0
- Published:
19 May 2021 -
Author:
Nicolas Bouthors -
Pages:
3
Expected for months now, Engie finally unveiled its roadmap for the coming years to show its operating organisation and expansion in renewables. This involves €9-10bn of disposals (including Bright) and €15-16bn of investments by 2023 to move towards the successful scheme of a strong expansion in green assets backed by the network cash-cow. A promising move, midway between the merciless capacity-driven utility race and the cautiousness that such a strategy requires.
Positive view confirmed.