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An update from Engie SA ( (FR:ENGI) ) is now available.
ENGIE announced that it secured 4.3 GW in Power Purchase Agreements (PPAs) in 2024, a significant increase from 2.7 GW in 2023, confirming its leading position in the global PPA market. These agreements span five continents and include notable contracts with tech giants like Meta and Google. The expansion reflects growing demand for decarbonized electricity, particularly in tech sectors. With new projects in North America, including its largest solar project in Texas, ENGIE continues to pioneer in renewable energy supply and Biomethane Purchase Agreements (BPAs).
More about Engie SA
ENGIE is a global leader in low-carbon energy and services, employing 97,000 people worldwide. The company focuses on accelerating the transition to a carbon-neutral economy by offering renewable energy, gas, and service solutions. With a turnover of €82.6 billion in 2023, ENGIE is listed on the Paris and Brussels stock exchanges and is part of major financial and non-financial indices.
YTD Price Performance: 3.28%
Average Trading Volume: 1,607,484
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €38.54B
For an in-depth examination of ENGI stock, go to TipRanks’ Stock Analysis page.
