Engie S.A.

ENGIE North America announced renewable energy supply agreements that will provide up to 568 MW of renewable electricity for Oracle's growing operations in Texas. The power will come from a portfolio of wind energy resources serving the Electric Reliability Council of Texas market, part of ENGIE's roughly 12 GW of new renewable generation and battery storage capacity built across North America over the past six years. Anne-Laure Chassanite, Interim CEO of ENGIE North America, said the agreements reflect the strength of the company's portfolio and its ability to deliver customized energy solutions for customers expanding in Texas. Julia Robin, Head of Infrastructure Planning and Sourcing for Oracle Cloud Infrastructure, said the deals advance Oracle's goal to match 100 percent of its AI data center electricity use with carbon-free electricity by 2035 without shifting costs to Texas consumers. ENGIE North America, based in Houston, has approximately 12 GW of power generation in operation or under construction across North America, representing $11 billion of capital employed.

Saudi Power Procurement Company has signed four storage service agreements for battery energy storage system projects worth more than $1.16 billion. The projects will provide a total capacity of 2 gigawatts with four-hour storage, forming the first group under Saudi Arabia's strategy to enhance electricity generation reliability and efficiency. Three projects in the Makkah and Hail regions, each delivering 500 megawatts, were assigned to a consortium of Saudi Energy, ACWA, and Al Sharif Contracting and Commercial Development Company. The fourth project in the Qassim region, also 500 megawatts, was awarded to a consortium of ENGIE and Haji Abdullah Alireza. The agreements were signed in the presence of Energy Minister Abdulaziz bin Salman bin Abdulaziz, and the Ministry of Energy is supervising the initiative.

ENGIE announced a 48 MWac solar power purchase agreement with QTS to supply renewable energy to the company's data center operations in Irving, Texas. The agreement was executed in parallel with a long-term PPA between ENGIE and ABEI Energy, securing renewable generation from ABEI Energy's Lubio Solar project in north-central Texas. Lubio Solar is an approximately 61 MWac pre-commercial-operation-date solar project located in Kaufman County, Texas, developed by ABEI Energy, and once operational is expected to generate approximately 150 GWh of clean electricity annually, equivalent to avoiding 100,778 metric tons of CO₂ emissions per year. This transaction marks ABEI Energy's first renewable energy deal with ENGIE in the United States, building on an established partnership between the two companies in Europe. ENGIE was ranked first worldwide in BloombergNEF's 2025 benchmark, with 3.6 GW signed in 2025 and 13.8 GW contracted since 2011.

French energy provider Engie raised its fiscal 2026 outlook after reporting a 13.7 percent increase in first-half net income Group share to 3.323 billion euros. Net recurring income Group share slipped 3.3 percent to 3.0 billion euros, while EBIT excluding Nuclear grew 3.3 percent to 5.3 billion euros. Revenues declined 3.6 percent to 36.707 billion euros. The company now expects full-year net recurring income Group share between 4.9 billion euros and 5.5 billion euros, up from the prior range of 4.6 billion euros to 5.2 billion euros, and EBIT excluding Nuclear in an indicative range of 9.2 billion euros to 10.2 billion euros, compared with 8.7 billion euros to 9.7 billion euros previously.

NTT DATA and ENGIE have announced a strategic partnership to support the decarbonization, energy resilience, and sustainable expansion of NTT DATA's global data center operations. The multinational arrangement secures long-term access to low-carbon and renewable energy, with working agreements already signed in the UK, the Netherlands, and Germany. In the UK, NTT DATA has agreed to a Corporate Power Purchase Agreement to serve its data centers until September 2030 from an RE100-compatible 24 MW wind farm in South Wales, which is already operational. The partnership aims to move beyond a traditional supplier relationship by establishing a long-term framework covering renewable energy procurement, power supply, and integrated energy solutions across select priority markets. ENGIE will support NTT DATA in securing reliable, competitive, and low-carbon energy at scale to enable the continued expansion of data centers and AI-driven infrastructure.

France's CAC 40 index advanced firmly on Wednesday morning, gaining 61.00 points or 0.73% to 8,424.14, even as U.S.-Iran tensions escalated and oil prices surged. Brent crude futures jumped $4.00 or 4.41% to $95.02 after the U.S. military carried out its 11th consecutive night of strikes against Iran and President Trump vowed to bomb Pickaxe Mountain, while Iranian media reported explosions in Bushehr near the nuclear power plant. Airbus rallied nearly 6% after announcing a €5 billion share buyback program over three years and reaffirming its fiscal 2026 outlook of around 870 commercial aircraft deliveries and adjusted EBIT of around 7.5 billion euros. TotalEnergies gained about 2% on higher crude prices, and Engie also rose nearly 2%, while Danone dropped nearly 2% and Capgemini and Dassault Systemes eased by 1.2% and 1.1% respectively. Investors also awaited the European Central Bank's monetary policy announcement on Thursday.

ENGIE - Sponsored ADR (ENGIY) is the better value stock compared to Pinnacle West (PNW), according to an analysis by Zacks Investment Research. ENGIY holds a Zacks Rank of #1 (Strong Buy) and a Value grade of B, while PNW is ranked #3 (Hold) with a Value grade of C. ENGIY's forward P/E ratio stands at 12.92 versus PNW's 22.71, and its PEG ratio is 3.57 compared to PNW's 3.91. Additionally, ENGIY's price-to-book ratio is 1.66, lower than PNW's 1.82. The stronger earnings estimate revision activity and more attractive valuation metrics make ENGIY the superior choice for value investors.

ENGIE - Sponsored ADR has been upgraded to a Zacks Rank #1 (Strong Buy). The upgrade reflects an upward trend in earnings estimates, with the Zacks Consensus Estimate for the company increasing 9.4% over the past three months. The Zacks Rank #1 designation places the stock in the top 5% of more than 4,000 Zacks-covered stocks, indicating superior earnings estimate revision activity that could lead to market-beating returns in the near term.

Carle Health has completed its first year as the anchor subscriber for two Solstice-managed community solar farms in central Illinois, reducing its electricity expenses by more than $34,000. The Knox 3A/3B projects, developed by ENGIE North America in collaboration with Microsoft, have enabled hundreds of residents and small businesses to join and collectively save hundreds of thousands of dollars on electricity bills. Carle Health’s anchor subscription provided the stability needed to bring the farms to full operation, supporting local job creation and community investment. Solstice, a wholly owned subsidiary of Perch Energy, manages enrollment and emphasizes that anchor tenants like Carle Health make it possible for broader community participation. Enrollment remains open for households and businesses in central and southern Illinois.

Aker BioMarine has signed a 24/7 renewable energy agreement with ENGIE. Under the deal, ENGIE will deliver 100 percent renewable energy, matching electricity consumption with local renewable generation on an hourly basis. The agreement is expected to reduce Aker BioMarine's Scope 2 emissions and supports its sustainability efforts across operations and value chain. CEO Matts Johansen said the solution provides affordable, transparent data that strengthens climate reporting while lowering the environmental footprint of the Houston manufacturing facility.