Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Engie : Agreement on nuclear in Belgium: another step in de-risking

>A € 15bn agreement - Having already pushed back the deadline once, Engie and the Belgian government have reached an agreement on the prolongation of two nuclear plants for an additional ten years and, more importantly, the transfer of the long-term management risk for nuclear waste. The agreement hinges on the setting of a flat-rate amount of € 15bn to be financed with a view to its transfer at the time of the prolongation of the two nuclear plants Doel 4 and Tihange...
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

ResearchPool Subscriptions

Get the most out of your insights

Get in touch