Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Engie : Clarifications leave lingering doubts

>Triennial revision to nuclear provisions deemed excessive - Engie announced yesterday that it had been informed that the CPN commission for nuclear provisions had reached a conclusion on 16 December on the triennial revaluation of provisions for dismantling Belgian nuclear power plants and spent fuel management. The CPN plans to strongly increase the provisions with: 1/ a € 2.9bn increase in the provisions borne by Synatom with € 2.3bn for decommissioning and € 0.7bn...
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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