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Engie Sells Middle East Stakes: $693 Million Deal Marks Exit from Kuwait and Bahrain
3 days ago
In a significant move reshaping its portfolio, French energy giant Engie has announced the sale of its assets in Kuwait and Bahrain to a Saudi Arabian firm, marking the company's exit from these two critical markets. The transaction, valued at a staggering $693 million, is part of Engie's ongoing strategy to streamline its operations and focus on core areas of growth.
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Engie's Bold Move: Accelerating Clean Energy Sales in 2024
19 days ago
Engie, the French multinational electric utility company, has significantly stepped up its efforts to market and sell clean energy solutions in 2024. This strategic pivot comes amid growing global demands for sustainable energy and increasing pressure on corporations to adopt greener practices.
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