Engie returns to profits but year-zero policy kept in favour of renewables versus gas and nuclear assets
Tuesday, 15 February 2022
Engie, the France-based European utility company, reported an annual profit of €3.7 billion ($4.2Bln) compared with a loss of €1.5Bln in 2020 as the natural gas and power network businesses improved and nuclear turned a profit while renewables were disappointing given the amount of investment and promotion.
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