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Engie to invest up to 4 billion euros in Belgium to boost renewables

French energy company Engie plans to invest up to 4 billion euros ($4.3 billion) in Belgium by 2030, the company announced on Thursday, with renewable power generation, mainly wind power, identified as a priority. The firm, which also runs Belgium's nuclear plants and has close to 3 million customers in the country, said it is targeting installing wind power capacities of 2 gigawatts, split evenly between onshore and offshore projects. The company also said it was investing in its new Flemalle gas power plant - planned to start service next year - and expanding its power storage infrastructure to allow for more flexibility.

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Engie to invest up to 4 bln euros in Belgium to boost renewables

French energy company Engie plans to invest up to 4 billion euros in Belgium by 2030, the company announced on Thursday, with renewable power generation, mainly wind power, identified as a priority. .

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Markets

Kering CEO expresses dissatisfaction with company's share price

Kering Chairman and CEO Francois-Henri Pinault told the French luxury giant s annual shareholder meeting on Thursday that he was dissatisfied with the company s share price performance, with Kering.

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Reuters
Gucci
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Kering Shares Slump After Luxury Company Warns of H1 Operating Profit Drop

Kering Shares Slump After Luxury Company Warns of H1 Operating Profit Drop
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

Milan
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Italy
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France-general
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Gucci
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Reuters
Fashion-week

Retailer Casino to cut between 1,293 to 3,267 jobs as part of reorganization

Embattled French supermarket chain Casino said on Wednesday it would cut between 1,293 and 3,267 jobs as part of its transformation plan aimed at cutting debt and improving its financial situation. .

Czech-republic
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Reuters

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