Strong operational and financial performance
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Business highlights |
Financial performance |
Governance
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Catherine MacGregor, CEO, said: “Over the first nine months of the year, ENGIE has delivered very strong earnings and substantial cash flow. These results are driven by a variety of our activities and demonstrate the relevance of ENGIE’s integrated model. Our development in renewables has continued apace with 2.3GW installed in the year to September, at which point we had 7.2GW under construction, bringing us confidence of achieving our annual target of 4GW. We maintain our leading position in the PPA market, with 2.6GW of signed contracts over the first nine months. Finally, we have continued our growth in the strategic field of power infrastructure, with the significant award of 1,000 km of transmission lines in Brazil. Building on these strong operational and financial performances, ENGIE maintains its progress towards constructing a decarbonized, reliable, and affordable energy system.”
1 Including collocated batteries (renewables) and standalone batteries (Flex Gen)
2 Cash Flow From Operations: Free Cash Flow before maintenance Capex and nuclear phase-out expenses
3 Net recurring income Group share
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