Engie, also known as ENGIE SA, is a publicly owned company headquartered in France. Founded in 2008, the company employs approximately 47,580 people and reported $81.3B in revenue as of 2025. The company specializes in utilities, providing low-carbon energy.
Engie extended negotiations with the Belgian state for the acquisition of its nuclear activities in the country until November 4, 2026, announcing the need for additional time due to the complexity and scale of the proposed transaction. The French energy group and its subsidiary Electrabel had signed a letter of intent in late April to open exclusive negotiations, with an initial expectation to complete a deal by October 1. Separately, on October 1, Jouf Agricultural Development Co. reported that its solar power purchase project with Engie is now expected to be completed in Q3 2027, citing delays due to ongoing contractual, regulatory, and technical procedures. Previously, on September 29, Engie Transmisión Peru finalized the acquisition of 100% of Terna Peru from Terna Plus and Rete, companies of the Terna Group, for approximately $15 million. This deal, executed under an agreement signed on February 26, involves Terna Peru's ownership of a 138 kV power line, approximately 132 km long, connecting the Aguaytía and Pucallpa electrical stations in Peru's Ucayali region.
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