Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

ENGIE : Gas distribution tariffs revised down but at the top end of the forecast range

>The CRE’s deliberations on Friday morning - On Friday morning, the CRE (French energy regulator) communicated the level of regulated tariffs applicable to gas distribution (known as ATRD6). The tariffs have been revised down in line with the indications communicated this summer, but actually stand at the high end of the remuneration range initially envisaged by the regulator. The new ATRD6 tariff will apply as of 1 July 2020, for 4 years, to GRDF’s natural gas distri...
Underlying
ENGIE SA.

Engie is an industrial group, based in France, active in the fields of gas, electricity, energy services and the environment. Co. is an energy provider across the entire energy chain, in electricity and in natural gas, including: purchase, production and commercialization of natural gas and electricity; transport, distribution, management and development of major natural gas infrastructures; design and commercialization of energy services and environment-related services. Co.'s activities are conducted through five segments: Energy Europe, Energy International, Global Gas and LNG, Infrastructures, and Energy Services.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Louis Boujard, CFA

Philippe Ourpatian

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