Completion of the Sale of EQUANS A Major Milestone in the Execution of ENGIE’s Strategic Plan

Source: www.gulfoilandgas.com 10/4/2022, Location: Europe

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


Australia >>  12/5/2022 - Warrego Energy Limited refers to its announcement last Friday that Hancock Energy (PB) Pty Ltd had increased the offer price under its takeover bid fo...
Italy >>  12/5/2022 - International project developer JUWI, through its Italian subsidiary Juwi Energie Rinnovabili S.r.l., has finalized the acquisition of 70 percent shar...

Spain >>  12/5/2022 - Eolos Floating Lidar Solutions (Eolos), one of the pioneers and global leaders in providing metocean data for the offshore wind industry, has given en...
Tanzania >>  12/5/2022 - Wentworth Resources plc ("Wentworth") and Etablissements Maurel & Prom S.A. ("M&P") are pleased to announce that they have reached agreement on the te...

United States >>  12/5/2022 - Bowman Consulting Group Ltd. announced the purchase of H2H Geoscience Engineering, PLLC (“H2H”), a Troy, New York based professional services firm tha...
Brazil >>  12/2/2022 - The board of directors of Maha announces that it is currently investigating two potential M&A opportunities, comprising the potential sale of (i) the ...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.