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France's Bouygues tops profit forecast on strong energy, construction biz

UPDATE 3-France's Bouygues tops profit forecast on strong energy, construction biz Adds details on orders in paragraphs 3-4, CFO comment in paragraph 8, telecom unit results in paragraphs 9-10 By Michal Aleksandrowicz July 26 (Reuters) - French construction-to-telecoms group Bouygues BOUY.PA posted half-year core earnings above expectations on Friday, as strong performances in its energy arm Equans and its construction unit helped offset a sharp decline in the real estate business.
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France's Bouygues beats half-year core profit expectations

France's Bouygues beats half-year core profit expectations July 26 (Reuters) - French construction-to-telecoms group Bouygues BOUY.PA posted first-half core earnings above expectations on Friday, driven by its energy arm Equans and construction unit that offset a sharp decline in its real estate business. Half-year current operating profit from activities (COPA) rose to 747 million euros ($811 million), beating analysts' forecast of 721 million euros in a consensus compiled by the company.
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US natural gas stockpiles seen up 16 bcf in week ended July 19

POLL-US natural gas stockpiles seen up 16 bcf in week ended July 19 July 24 (Reuters) - U.S. utilities likely added a smaller-than-usual 16 billion cubic feet (bcf) of natural gas into storage last week as power generators burned more gas to keep air conditioners humming during a brutal heatwave, a Reuters poll showed on Wednesday. That compared with an injection of 23 bcf during the same week a year ago and a five-year (2019-2023) average increase of 31 bcf for this time of year.
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Maintenance extended again at French LNG terminal, delaying send-out

Maintenance extended again at French LNG terminal, delaying send-out PARIS, July 24 (Reuters) - Maintenance work at the liquefied natural gas (LNG) terminal at Montoir in western France has been extended by a week to Aug. 12 due to safety reasons, operator Elengy said in an online bulletin. It is another delay to work at the terminal which was init
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Brazil's TAG, Eneva to connect LNG pipeline to private terminal in October

Brazil's TAG, Eneva to connect LNG pipeline to private terminal in October By Marta Nogueira ARACAJU, Brazil, July 24 (Reuters) - Brazilian energy firm TAG plans to start operations of a new pipeline section in October that will connect the country's largest pipeline network to Eneva's ENEV3.SA liquefied natural gas (LNG) storage terminal in Sergipe state.
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Chilean miner Codelco obtains $532 mln in climate financing

UPDATE 1-Chilean miner Codelco obtains $532 mln in climate financing Adds details SANTIAGO, July 23 (Reuters) - Chilean state miner Codelco COBRE.UL , one of the world's largest copper producers, said on Tuesday it has obtained $532 million in climate financing authorized by french bank Credit Agricole CIB. The funds will be used to finance its decarbonization plan, i t said, under which it aims to decarbonize 100% of its energy matrix by 2030. Codelco launched the plan in 2018 when it signed a
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Engie's Belgian nuclear reactors targeted by EU state aid probe

UPDATE 1-Engie's Belgian nuclear reactors targeted by EU state aid probe Updates throughout with details of investigation By Foo Yun Chee BRUSSELS, July 22 (Reuters) - A Belgian plan to grant state aid to a unit of French energy company Engie ENGIE.PA to help it extend the life of two nuclear reactors triggered an EU competition investigation on Monday over concerns it could breach the bloc's rules.
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EU regulators doubt whether aid for Engie's Belgian nuclear reactors comply with rules

EU regulators doubt whether aid for Engie's Belgian nuclear reactors comply with rules BRUSSELS, July 22 (Reuters) - EU competition regulators on Monday opened an in-depth investigation into Belgium's plan to grant state aid to French energy company Engie's ENGIE.PA Belgian unit to extend two nuclear reactors. Belgium and Engie clinched a deal in December last year for the lifetime extension of the nuclear reactors Doel 4 and Tihange 3 aimed at preserving the security of electricity supply in Be
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Belgian nuclear power reactor outages

TABLE-Belgian nuclear power reactor outages Removes dated outages July 12 (Reuters) - Belgium has seven nuclear power reactors with a combined capacity of almost 6 gigawatts, which are operated by Electrabel, part of France's Engie (formerly known as GDF Suez). Nuclear power plants regularly stop production for maintenance or to refuel. They cut capacity gradually and it can take a few hours until output reaches zero.
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Sungrow's PowerTitan To Equip The Vilvoorde Bess 800MWh Project By ENGIE In Belgium

BRIEF-Sungrow's PowerTitan To Equip The Vilvoorde Bess 800MWh Project By ENGIE In Belgium July 12 (Reuters) - Sungrow Power Supply Co Ltd 300274.SZ : SUNGROW'S POWERTITAN TO EQUIP THE VILVOORDE BESS 800MWH PROJECT BY ENGIE IN BELGIUM Source text for Eikon: ID:nPreH2Y3la Further company coverage: 300274.SZ
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Eneco, Ocean Winds and Otary to bid in Belgian wind tender

Eneco, Ocean Winds and Otary to bid in Belgian wind tender LONDON, July 12 (Reuters) - Wind developers Eneco, Ocean Winds and Otary have formed a consortium to compete in an offshore wind tender in Belgium, they said on Friday. The tender is for wind development in the Princess Elizabeth Zone (PEZ) in the Belgian North Sea. The PEZ will be split into three lots including one for the development of a 700 megawatt (MW) offshore wind farm and two for the development of offshore wind farms ranging f
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Engie, CDPQ team up in race against Iberdrola for UK's Electricity North West, sources say

Engie, CDPQ team up in race against Iberdrola for UK's Electricity North West, sources say By Andres Gonzalez and Anousha Sakoui LONDON, July 11 (Reuters) - European utility Engie ENGIE.PA has joined forces with Canada's second-largest pension fund to try to buy British power network Electricity North West (ENWL), according to two sources with knowledge of the matter.
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Engie to partner with Macquarie in Mexican pipeline project

Engie to partner with Macquarie in Mexican pipeline project By Andres Gonzalez LONDON, July 11 (Reuters) - French energy company Engie ENGIE.PA has agreed to partner with Australian infrastructure investor Macquarie Asset Management to expand the Mayakan natural gas pipeline in Mexico, the two companies said in a statement on Thursday. The project aims to accelerate the energy transition of the region and will reduce carbon footprint by up to 7.4 million tons of CO2 equivalent per year, the comp
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Candidates to be next CEO of Brazil miner Vale recommended, newspaper says

UPDATE 2-Candidates to be next CEO of Brazil miner Vale recommended, newspaper says Adds Vale's comment in paragraph 4 SAO PAULO, July 9 (Reuters) - A consulting firm hired by Brazilian mining company Vale VALE3.SA to help with its chief executive succession process has presented its board of directors with 15 potential candidates, local newspaper O Globo reported on Tuesday.
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Alfa Laval, Ferrari NV, Swedbank

EUROPE RESEARCH ROUNDUP-Alfa Laval, Ferrari NV, Swedbank July 9 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alfa Laval, Ferrari NV and Swedbank, on Tuesday. HIGHLIGHTS * Alfa Laval ALFA.ST : JP Morgan raises target price to SEK 390 from SEK 385 * Ferrari NV RACE.MI : HSBC raises target price to EUR 385 from EUR 368 * Harworth Group Plc HWG.L : Peel Hunt raises target price to 195p from 165p * Moonpig Group MOONM.L : HSBC raises
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Engie Starts Construction Of One Of Europe's Largest Battery Parks In Belgium

BRIEF-Engie Starts Construction Of One Of Europe's Largest Battery Parks In Belgium July 5 (Reuters) - Engie SA ENGIE.PA : STARTS CONSTRUCTION OF ONE OF EUROPE'S LARGEST BATTERY PARKS IN BELGIUM Source text for Eikon: ID:nNDL6npxmD Further company coverage: ENGIE.PA (Gdansk Newsroom)
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch July 5 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. BNP Paribas BNPP.PA : HSBC is attracting initial interest from peers including BNP Paribas and UBS Group for the sale of its German wealth-management unit, Bloomberg News reported on Thursday citing people familiar with the matter.
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Engie, BASF Sign 7-year Biomethane Purchase Agreement In Europe

BRIEF-Engie, BASF Sign 7-year Biomethane Purchase Agreement In Europe July 4 (Reuters) - Engie SA ENGIE.PA : BASF AND ENGIE SIGN LONG TERM BIOMETHANE PURCHASE AGREEMENT IN EUROPE UNDER THE BPA, ENGIE WILL SUPPLY BASF WITH 2.7 TO 3.0 TERAWATT HOURS OF BIOMETHANE THROUGHOUT THE TERM OF THE AGREEMENT AGREEMENT WILL LAST 7 YEARS Source for text: https:
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch July 3 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. ENGIE ENGIE.PA Signed five new Corporate Power Purchase Agreements (CPPAs) with Google GOOGL.O in Belgium APERAM APAM.AS Signed an agreement with IperionX IPX.AX for a titanium processing and product manufacturing program TOTALENERGIES TTEF.PA Notified South Africa's petroleum regulator that it in
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Belgian nuclear power reactor outages

TABLE-Belgian nuclear power reactor outages Changes end date for Ringhals Block4 - G42 under reactors out of service July 2 (Reuters) - Belgium has seven nuclear power reactors with a combined capacity of almost 6 gigawatts, which are operated by Electrabel, part of France's Engie (formerly known as GDF Suez). Nuclear power plants regularly stop production for maintenance or to refuel.
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