Strong Cash Flow and Solid Balance Sheet
Cash flow from operations stood at EUR 11.4 billion, with economic net debt equating to 3.2x of EBITDA, indicating a strong financial position.
Resilient Performance in Challenging Environment
ENGIE reported resilient earnings and robust cash flow despite market normalization and lower volumes, with EBIT excluding nuclear at EUR 6.3 billion.
Significant Progress in Renewables
Added over 2 gigawatts of renewables and BESS in Q3 alone, making 4 gigawatts for the first 9 months. Notable projects include the Dieppe Le Tréport offshore wind farm and a 1.5 gigawatt solar project in Abu Dhabi.
Growth in Networks Segment
EBIT from networks increased by EUR 705 million, driven by tariff increases and strong performance in French activities.
Nuclear Restart in Belgium
Restart of both reactors in a joint venture with the Belgian government, transferring remaining waste liability off the balance sheet.