Engie, which is one-third owned by the French government, is reported to be in talks with British local authorities about setting up joint ventures in major cities to provide power and gas to domestic consumers. It could also offer district heating, energy efficiency measures and small scale generation. Engie chief executive Wilfrid Petrie told The Times: “The challenge for councils is to reduce costs. There is a need for them to transform the way they do things, and by having this national presence we are able to help them optimise things.”Engie is already a major player in the UK retail market with a 5-7 per cent share of the highly competitive B2B energy supply market, and a 30 per cent share of independent energy company Opus Energy. At the same time the firm operates a portfolio of 7GW of power generation.
Utility Week 4th Jan 2016 read more »
Newly formed Uniper will assume control of the German energy giant’s conventional energy portfolio, with E.ON focusing on renewables and energy networks.
Business Green 4th Jan 2015 read more »