Engie's Strong Financials & Green Energy Push
Update: 2025-11-06
Description
Engie, a French energy giant, reported robust financial results for the first nine months of 2022, with cash flow from operations surging to €11.4 billion. Despite a slight dip in earnings due to lower power prices, the companys revenue increased slightly to €52.8 billion. Engies commitment to green energy is evident in its expansion of renewable energy and storage projects, including a significant solar project in Abu Dhabi. The company also made strides in battery and flexible generation assets in Europe. Notably, Engies Belgian nuclear operations restarted two reactors following an extension agreement, further solidifying its financial outlook.
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