ENGIE announces the completion of the sale of EQUANS to the Bouygues group, after an exclusive negotiation phase that started in November 2021. This transaction will allow a reduction in Net Debt for ENGIE of circa €7.1 billion.
EQUANS is a world leader in multi-technical services employing 75,0001 people in 17 countries.
Catherine MacGregor, ENGIE CEO said: “On behalf of the Group, I would like to thank Jérôme Stubler and all the EQUANS teams, to whom I wish every success as part of the Bouygues group.
The completion of this sale marks a major milestone in the refocusing of ENGIE and enables the Group to invest in the growth of its core businesses and continue the acceleration of the energy transition.”
1. As of December, 31st 2021