Completion of the sale of EQUANS A major milestone in the execution of ENGIE’s strategic plan
ENGIE announces the completion of the sale of EQUANS to the Bouygues group, after an exclusive negotiation phase that started in November 2021. This transaction will allow a reduction in Net Debt for ENGIE of circa €7.1 billion.
EQUANS is a world leader in multi-technical services employing 75,0001 people in 17 countries.
Catherine MacGregor, ENGIE CEO said: “On behalf of the Group, I would like to thank Jérôme Stubler and all the EQUANS teams, to whom I wish every success as part of the Bouygues group.
The completion of this sale marks a major milestone in the refocusing of ENGIE and enables the Group to invest in the growth of its core businesses and continue the acceleration of the energy transition.”
1. As of December, 31st 2021
Our group is a global reference in low-carbon energy and services. Together with our 101,500 employees, our customers, partners and stakeholders, we are committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions. Inspired by our purpose (“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. Turnover in 2021: 57.9 billion Euros. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe, Euronext Vigeo Eiris - Eurozone 120/ Europe 120/ France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG, and Stoxx Global 1800 ESG).
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