07/29/2022 | Press release | Distributed by Public on 07/29/2022 01:39
ANALYSIS BY ACTIVITY | |||||||
Revenue breakdown | |||||||
H1 20221 | France | Rest of Europe | Latin America | Others | TOTAL | ||
(€m) | Northern America2 | AMEA3 | |||||
Renewables | 1,160 | 147 | 1,049 | 100 | 23 | 6 | 2,485 |
Networks | 3,003 | 132 | 515 | 3,650 | |||
Energy Solutions | 3,253 | 1,475 | 25 | 221 | 196 | 417 | 5,587 |
Thermal | 1,850 | 882 | 6 | 484 | 3,222 | ||
Supply | 4,003 | 3,692 | 8 | 402 | 64 | 8,169 | |
Nuclear | (23) | (23) | |||||
Others4 | 20,077 | 20,077 | |||||
o/w GEMS | 20,064 | 20,064 | |||||
TOTAL | 11,420 | 7,272 | 2,480 | 327 | 1,104 | 20,565 | 43,167 |
H1 2021 | France | Rest of Europe | Latin America | Others | TOTAL | ||
(€m) | Northern America2 | AMEA3 | |||||
Renewables | 674 | 45 | 789 | 10 | 39 | (8) | 1,549 |
Networks | 3,028 | 146 | 476 | 31 | 3,680 | ||
Energy Solutions | 2,693 | 1,215 | 20 | 186 | 189 | 411 | 4,713 |
Thermal | 471 | 769 | 7 | 449 | 1,696 | ||
Supply | 2,803 | 1,669 | 5 | 307 | 39 | 4,824 | |
Nuclear | 15 | 15 | |||||
Others4 | 0 | (5) | (7) | 8,583 | 8,571 | ||
o/w GEMS | 8,423 | 8,423 | |||||
TOTAL | 9,197 | 3,561 | 2,054 | 197 | 1,016 | 9,024 | 25,048 |
1 Unaudited figures throughout Databook | |||||||
2 Northern America = US & Canada. No change in the former perimeter, only a change of name | |||||||
3 AMEA = Asia, Middle East and Africa | |||||||
4 Including mainly Corporate, GEMS (GEM + main Supply B2B activities) and GTT |
ANALYSIS BY ACTIVITY | |||||||
EBITDA breakdown | |||||||
H1 2022 | France | Rest of Europe | Latin America | Others | TOTAL | ||
(€m) | Northern America | AMEA | |||||
Renewables | 277 | 195 | 521 | 124 | 12 | (27) | 1,101 |
Networks | 1,910 | 92 | 387 | (2) | (5) | 2,382 | |
Energy Solutions | 305 | 92 | 1 | 11 | 28 | (56) | 380 |
Thermal | 543 | 115 | 22 | 224 | (13) | 891 | |
Supply | 510 | 34 | 3 | 14 | (6) | 555 | |
Nuclear | 1,089 | 1,089 | |||||
Others1 | (4) | 1 | 12 | (0) | 1,073 | 1,082 | |
o/w GEMS | 1,161 | 1,161 | |||||
TOTAL | 3,001 | 2,041 | 1,028 | 167 | 278 | 965 | 7,480 |
H1 2021 | France | Rest of Europe | Latin America | Others | TOTAL | ||
(€m) | Northern America | AMEA | |||||
Renewables | 257 | 88 | 397 | (1) | 24 | (13) | 750 |
Networks | 2,029 | 101 | 258 | 1 | 18 | (4) | 2,402 |
Energy Solutions | 293 | 102 | 0 | (1) | 23 | (37) | 380 |
Thermal | 262 | 266 | 20 | 233 | (13) | 769 | |
Supply | 208 | 139 | (1) | (3) | (10) | 334 | |
Nuclear | 402 | 402 | |||||
Others1 | 0 | (0) | 1 | (4) | (0) | 149 | 146 |
o/w GEMS | 280 | 280 | |||||
TOTAL | 2,787 | 1,093 | 920 | 16 | 295 | 71 | 5,183 |
1 Including mainly Corporate, GEMS (GEM + main Supply B2B activities) and GTT |
ANALYSIS BY ACTIVITY | |||||||
EBIT breakdown | |||||||
H1 2022 | France | Rest of Europe | Latin America | Others | TOTAL | ||
(€m) | Northern America | AMEA | |||||
Renewables | 205 | 166 | 421 | 58 | 9 | (30) | 828 |
Networks | 1,059 | 69 | 351 | (2) | (5) | 1,471 | |
Energy Solutions | 170 | 47 | (1) | 5 | 22 | (84) | 160 |
Thermal | 447 | (2) | 21 | 217 | (16) | 667 | |
Supply | 434 | (8) | 3 | 2 | (8) | 424 | |
Nuclear | 858 | 858 | |||||
Others1 | (4) | 0 | 8 | (0) | 842 | 846 | |
o/w GEMS | 1,062 | 1,062 | |||||
TOTAL | 1,868 | 1,575 | 772 | 90 | 249 | 700 | 5,253 |
H1 2021 | France | Rest of Europe | Latin America | Others | TOTAL | ||
(€m) | Northern America | AMEA | |||||
Renewables | 137 | 61 | 325 | (42) | 23 | (14) | 490 |
Networks | 1,197 | 79 | 226 | 1 | 18 | (4) | 1,516 |
Energy Solutions | 152 | 63 | (1) | (6) | 16 | (60) | 164 |
Thermal | 175 | 152 | 19 | 218 | (13) | 552 | |
Supply | 135 | 98 | (1) | (15) | (11) | 207 | |
Nuclear | 178 | 178 | |||||
Others1 | 0 | (0) | 1 | (9) | (0) | (100) | (110) |
o/w GEMS | 201 | 201 | |||||
TOTAL | 1,622 | 654 | 701 | (38) | 261 | (202) | 2,998 |
1 Including mainly Corporate, GEMS (GEM + main Supply B2B activities) and GTT |
ANALYSIS BY ACTIVITY | |||||||
Breakdown of growth Capex net of DBSO1 and tax equity proceeds | |||||||
H1 2022 | France | Rest of Europe | Latin America | Others | TOTAL | ||
(€m) | Northern America | AMEA | |||||
Renewables | 101 | 1,072 | 312 | (156) | 5 | 6 | 1,339 |
Networks | 325 | 28 | 152 | 505 | |||
Energy Solutions | 125 | 28 | 3 | 26 | 38 | 37 | 258 |
Thermal | 28 | 5 | (13) | 6 | 27 | ||
Supply | 35 | 21 | 2 | 28 | 86 | ||
Nuclear | |||||||
Others1 | (0) | 0 | (0) | 15 | 15 | ||
o/w GEMS | 12 | 12 | |||||
TOTAL | 585 | 1,177 | 472 | (129) | 33 | 92 | 2,231 |
H1 2021 | France | Rest of Europe | Latin America | Others | TOTAL | ||
(€m) | Northern America | AMEA | |||||
Renewables | 137 | (41) | 227 | 229 | 0 | 6 | 558 |
Networks | 357 | 33 | 277 | 667 | |||
Energy Solutions | 76 | 54 | 6 | 53 | 11 | 25 | 225 |
Thermal | (3) | 10 | 0 | (25) | 4 | (14) | |
Supply | 34 | 24 | 6 | 5 | 70 | ||
Nuclear | |||||||
Others1 | 4 | (0) | (11) | (0) | 298 | 291 | |
o/w GEMS | (21) | (21) | |||||
TOTAL | 605 | 70 | 520 | 272 | (8) | 338 | 1,798 |
1 DBSO: Develop, Build, Share and Operate | |||||||
2 Including mainly Corporate, GEMS (GEM + main Supply B2B activities) and GTT |
ANALYSIS BY ACTIVITY | |||||||
Breakdown of associates1 | |||||||
H1 2022 | France | Rest of Europe | Latin America | Others | TOTAL | ||
(€m) | Northern America | AMEA | |||||
Renewables | 6 | 66 | (5) | 15 | 24 | (0) | 105 |
Networks | 3 | 13 | 133 | 1 | 150 | ||
Energy Solutions | 1 | 3 | 19 | 20 | 43 | ||
Thermal | 19 | 21 | 131 | 171 | |||
Supply | |||||||
Nuclear | |||||||
Others2 | 12 | 12 | |||||
o/w GEMS | 1 | 1 | |||||
TOTAL | 11 | 100 | 128 | 56 | 175 | 12 | 482 |
H1 2021 | France | Rest of Europe | Latin America | Others | TOTAL | ||
(€m) | Northern America | AMEA | |||||
Renewables | 8 | 14 | (6) | 11 | 13 | (0) | 41 |
Networks | 4 | 21 | 109 | 1 | 134 | ||
Energy Solutions | 2 | 1 | 17 | 24 | 44 | ||
Thermal | 33 | 23 | 124 | 180 | |||
Supply | |||||||
Nuclear | |||||||
Others2 | 3 | 3 | |||||
o/w GEMS | 0 | 0 | |||||
TOTAL | 14 | 70 | 103 | 51 | 161 | 3 | 402 |
1 Associates = share in net recurring income of entities consolidated under equity method | |||||||
2 Including mainly Corporate, GEMS (GEM + main Supply B2B activities) and GTT |
ANALYSIS BY ACTIVITY | ||||
Renewables | ||||
Renewables | ||||
KFIs (€m) | H1 2021 | H1 2022 | D 22/21 | D org |
Revenue | 1,549 | 2,485 | +60.5% | +49.7% |
EBITDA | 750 | 1,101 | +46.7% | +35.3% |
EBIT | 490 | 828 | +69.1% | +53.5% |
Growth Capex1 | 558 | 1,339 | - | - |
Maintenance Capex | 38 | 39 | +0.5% | - |
1 Net of DBSO and US tax equity proceeds |
ANALYSIS BY ACTIVITY | |||||
Renewables | |||||
KPIs | |||||
Renewables1 | H1 2021 | H1 2022 | Renewables1 | H1 2021 | H1 2022 |
Total installed capacity @100% (GW) o/w | 32.3 | 36.4 | Total output @100% (TWh) o/w3 | 54.9 | 57.9 |
Hydro | 17.8 | 17.9 | Hydro | 36.2 | 34.4 |
Onshore wind | 10.4 | 12.3 | Onshore wind3 | 14.2 | 16.9 |
Offshore wind | 0.5 | 1.5 | Offshore wind | 0.8 | 1.5 |
Solar | 3.5 | 4.5 | Solar | 3.1 | 4.2 |
Other RES | 0.2 | 0.3 | Other RES | 0.6 | 0.9 |
Total installed capacity net ownership (GW) | 16.4 | 18.5 | H1 2021 | H1 2022 | |
Capacity under construction @100% | 4.3 | 3.0 | DBSO margins (€m) | 12 | 43 |
New additional capacities @100% | 1.2 | 2.2 | Hydro volumes France4 (TWh @100%) | 8.6 | 7.1 |
CNR - Achieved prices (€/MWh) | 49.1 | 71.8 | |||
Availability hydro (%) excl. CNR2,3 | 90.9% | 90.6% | Brazil - GSF (%) | 82% | 91% |
Load factor onshore wind (%)3 | 32.4% | 33.1% | Brazil - PLD (BRL/MWh) | 201 | 57 |
Load factor solar (%)3 | 21.2% | 20.8% | |||
1 Excluding renewables capacity managed by Thermal and Energy Solutions, and including 0.1 GW of pumped storage in Germany | |||||
2 Including hydro activities in Brazil, Chile, Peru, Portugal, Spain and SHEM in France | |||||
3 Figures restated to include Offshore wind and internal reclassifications | |||||
4 Including CNR, SHEM and CN'Air |
ANALYSIS BY ACTIVITY | |||||||||||||||
Renewables | |||||||||||||||
Installed capacity and electricity output H1 2022 | |||||||||||||||
Installed capacity1 by geography and technology | Electricity output by geography and technology | ||||||||||||||
At 100% | (MW) | France | Rest of Europe | Latin America | Northern America | AMEA | TOTAL | At 100% | (TWh) | France | Rest of Europe | Latin America | Northern America | AMEA | TOTAL |
Hydro | 3,882 | 1,904 | 12,110 | 17,896 | Hydro | 7.1 | 1.2 | 26.1 | 34.4 | ||||||
Onshore wind | 2,830 | 3,469 | 1,607 | 3,275 | 1,140 | 12,319 | Onshore wind | 2.7 | 3.5 | 2.6 | 6.1 | 2.0 | 16.9 | ||
Offshore wind | 1,465 | 1,465 | Offshore wind | 1.5 | 1.5 | ||||||||||
Solar | 1,264 | 215 | 1,236 | 662 | 1,083 | 4,460 | Solar | 0.9 | 0.1 | 1.2 | 0.8 | 1.3 | 4.2 | ||
Other RES | 101 | 177 | 278 | Other RES | 0.2 | 0.7 | 0.9 | ||||||||
TOTAL | 7,976 | 7,052 | 15,053 | 3,937 | 2,400 | 36,419 | TOTAL | 10.7 | 6.3 | 30.1 | 6.9 | 4.0 | 57.9 | ||
In % of consolidation2 | In % of consolidation2 | ||||||||||||||
(MW) | France | Rest of Europe | Latin America | Northern America | AMEA | TOTAL | (TWh) | France | Rest of Europe | Latin America | Northern America | AMEA | TOTAL | ||
Hydro | 3,827 | 887 | 8,166 | 12,880 | Hydro | 7.1 | 0.6 | 16.2 | 23.9 | ||||||
Onshore wind | 1,687 | 1,768 | 1,582 | 2,730 | 525 | 8,292 | Onshore wind | 1.6 | 1.8 | 2.6 | 5.1 | 0.9 | 11.9 | ||
Offshore wind | 322 | 322 | Offshore wind | 0.4 | 0.4 | ||||||||||
Solar | 667 | 127 | 1,173 | 650 | 470 | 3,086 | Solar | 0.4 | 0.1 | 1.1 | 0.8 | 0.6 | 3.0 | ||
Other RES | 92 | 64 | 156 | Other RES | 0.2 | 0.3 | 0.4 | ||||||||
TOTAL | 6,181 | 3,103 | 11,012 | 3,380 | 1,059 | 24,735 | TOTAL | 9.1 | 2.8 | 20.0 | 5.9 | 1.8 | 39.6 | ||
Net ownership3 | Net ownership3 | ||||||||||||||
(MW) | France | Rest of Europe | Latin America | Northern America | AMEA | TOTAL | (TWh) | France | Rest of Europe | Latin America | Northern America | AMEA | TOTAL | ||
Hydro | 2,309 | 865 | 6,059 | 9,233 | Hydro | 4.0 | 0.5 | 12.5 | 17.0 | ||||||
Onshore wind | 1,368 | 1,702 | 1,107 | 1,546 | 504 | 6,227 | Onshore wind | 1.3 | 1.7 | 1.8 | 3.0 | 0.9 | 8.6 | ||
Offshore wind | 322 | 322 | Offshore wind | 0.4 | 0.4 | ||||||||||
Solar | 628 | 117 | 980 | 417 | 473 | 2,616 | Solar | 0.4 | 0.1 | 0.9 | 0.5 | 0.6 | 2.5 | ||
Other RES | 63 | 64 | 127 | Other RES | 0.1 | 0.3 | 0.4 | ||||||||
TOTAL | 4,305 | 3,008 | 8,209 | 1,963 | 1,041 | 18,526 | TOTAL | 5.7 | 2.7 | 15.3 | 3.5 | 1.7 | 28.9 | ||
1 Excluding renewables capacity managed by Thermal and Energy Solutions, and including 0.1 GW of pumped storage in Germany | |||||||||||||||
2 % of consolidation for full operations affiliates and % holding for joint operations and equity consolidated companies | |||||||||||||||
3 ENGIE ownership |
ANALYSIS BY ACTIVITY | |||
Renewables | |||
Pipeline | |||
Contract duration and hedge ratio | |||
Years and volume in % of consolidation | Solar | Onshore wind | Offshore wind |
As at 30 June 2022 | |||
Geography | Residual contract duration (years) | Residual contract duration (years) | Residual contract duration (years) |
France | 12.8 | 10.5 | |
Rest of Europe | 8.9 | 9.7 | 19.9 |
Latin America | 17.9 | 9.8 | |
o/w Brazil | 17.0 | 8.7 | |
Northern America | 14.9 | 12.4 | |
Rest of the world | 22.1 | 16.7 | |
16.3 | 11.4 | 19.9 |
ANALYSIS BY ACTIVITY | |||||||||
Networks | |||||||||
Networks | |||||||||
Normative temperature effects - France | |||||||||
KFIs (€m) | H1 2021 | H1 2022 | D 22/21 | D org | GRDF | Q1 | Q2 | H1 | |
Revenue | 3,680 | 3,650 | -0.8% | -1.4% | Volumes | 2021 | (3.7) | 10.1 | 6.4 |
EBITDA | 2,402 | 2,382 | -0.8% | -1.5% | (TWh) | 2022 | (9.6) | (0.1) | (9.8) |
EBIT | 1,516 | 1,471 | -3.0% | -3.9% | ∆ 22/21 | -6.0 | -10.2 | -16.2 | |
Growth Capex | 667 | 505 | -24.4% | - | EBITDA / EBIT (€m) | 2021 | (26) | 71 | 45 |
Maintenance Capex | 493 | 514 | +4.1% | - | 2022 | (68) | (1) | (69) | |
∆ 22/21 | -42 | -72 | -113 |
ANALYSIS BY ACTIVITY | |||||
Networks | |||||
KPIs | |||||
France | H1 2021 | H1 2022 | International | H1 2021 | H1 2022 |
Gas distribution | Gas distribution | ||||
RAB France 01/01 (€bn) | 15.3 2 | 15.3 | International, volume distributed (TWh) | 98.4 | 89.9 |
France, return on RAB (%) | 4.10% | 4.10% | o/w Latin America | 39.6 | 41.2 |
France, volume distributed (TWh) | 169.6 | 147.3 | o/w Europe (excl. France) | 56.8 | 48.7 |
Gas smart meters installed (m) | 8.1 | 10.2 | Gas transport | ||
Gas transport | International, volume transported (TWh) | 134.9 | 133.5 | ||
RAB France 01/01 (€bn) | 8.6 2 | 8.8 | o/w Brazil | 69.5 | 76.2 |
France, return on RAB (%) | 4.25% | 4.25% | o/w Latin America (excl. Brazil) | 61.3 | 57.3 |
France, volume transported (TWh) | 333.5 | 365.6 | Regasification | ||
Gas storage | Subscribed volume (TWh) | 7.0 | 7.3 | ||
RAB France 01/01 (€bn) | 3.8 2 | 3.9 | o/w Latin America | 7.0 | 7.3 |
France, return on RAB (%) | 4.75% | 4.75% | Power networks | ||
France, capacity sold (TWh) | 96.5 | 96.5 | Power networks length built @100% (km) | 5,345 | 5,688 |
Germany, capacity sold (TWh)1 | 18.3 | 18.3 | Power networks length operating @100% (km) | 3,007 | 4,881 |
UK, capacity sold (TWh)1 | 4.5 | 5.1 | |||
Regasification | Biomethane France | FY 2021 | H1 2022 | ||
RAB France 01/01 (€bn) | 0.9 2 | 0.9 | Biomethane capacity connection | ||
France, return on RAB (%) | 6.25% | 6.25% | Number of site connected to GRDF/GRTgaz | 351 | 425 |
Subscribed volume (TWh) | 116.3 | 120 | Production capacity connected to GRDF/GRTgaz (GWh/y) | 6,052 | 7,174 |
Biomethane own production | |||||
Net installed capacity @100% (GWh) | 338 | 461 | |||
Production capacity under construction @100% (GWh) | 345 | 310 | |||
1 International affiliates (mainly Storengy in Germany and UK, MEGAL) of French networks companies are reported under France | |||||
2 As at 31 December 2021 | |||||
3 Figures restated to include internal reclassifications |
ANALYSIS BY ACTIVITY | |||||||
Energy Solutions | |||||||
Energy Solutions | |||||||
KFIs (€m) | H1 2021 | H1 2022 | D 22/21 | D org | KPI | H1 2021 | H1 2022 |
Revenue | 4,713 | 5,587 | +18.5% | +21.9% | EBIT margin | 3.5% | 2.9% |
EBITDA | 380 | 380 | 0.0% | -2.0% | EBIT margin (excluding EVBox) | 4.7% | 4.1% |
EBIT | 164 | 160 | -2.6% | -8.8% | |||
Growth Capex | 225 | 258 | +14.6% | - | Dec. 2021 | June 2022 | |
Maintenance Capex | 72 | 71 | -1.5% | - | Commercial Backlog - French concessions - TO (€bn) | 16.8 | 18.1 |
Installed capacity @100% (GW) | |||||||
Distributed energy infrastructures1 | 24.1 | 24.6 | |||||
1 Restated data to exclude countries ENGIE exited or stopped developments following geographical rationalization presented in May 2021 |
ANALYSIS BY ACTIVITY | ||||
Thermal | ||||
Thermal | ||||
KFIs (€m) | H1 2021 | H1 2022 | D 22/21 | D org |
Revenue | 1,696 | 3,222 | +90.0% | +77.5% |
EBITDA | 769 | 891 | +15.9% | +11.9% |
EBIT | 552 | 667 | +20.8% | +16.6% |
Growth Capex | +14 | (27) | - | - |
Maintenance Capex | 116 | 107 | -8.3% | - |
ANALYSIS BY ACTIVITY | |||||
Thermal | |||||
KPIs | |||||
Thermal | H1 2021 | H1 2022 | Thermal | H1 2021 | H1 2022 |
Capacity @100% (GW) | 62.4 | 59.7 | Capacity @100% (GW) | 62.4 | 59.7 |
Installed contracted capacity | 41.2 | 39.5 | Gas contracted | 35.2 | 34.8 |
Installed merchant capacity | 21.2 | 20.3 | Coal contracted | 3.5 | 2.2 |
Gas merchant | 16.0 | 15.0 | |||
Production @100% (TWh) | 129.9 | 126.8 | Coal merchant | 0.7 | 0.5 |
Contracted | 104.5 | 101.9 | Pumped storage1 | 3.3 | 3.3 |
Merchant | 25.4 | 24.9 | Other | 3.7 | 3.9 |
Production @100% (TWh) | 129.9 | 126.8 | |||
H1 2021 | H1 2022 | Gas contracted | 93.4 | 93.8 | |
Average captured clean spark spreads Europe (€/MWh) | 12.7 | 26.6 | Coal contracted | 9.6 | 6.4 |
Average technical availability (%) | 88% | 89% | Gas merchant | 21.9 | 21.1 |
Contracted EBIT (%) | 73% | 44% | Coal merchant | 0.8 | 0.5 |
Load factor (%) | 48% | 49% | Pumped storage1 | 1.1 | 1.5 |
CO2 (mt) | 30 | 26 | Other | 3.2 | 3.5 |
1 Pumped storage + 143 MW of other hydro capacity managed by Thermal GBU |
ANALYSIS BY ACTIVITY | |||||||||||||||||
Thermal | |||||||||||||||||
Capacity and output by geography and by technology | |||||||||||||||||
As at 30 June 2022 / H1 2022 | |||||||||||||||||
At 100% | |||||||||||||||||
INSTALLED CAPACITY (MW) | |||||||||||||||||
Europe | o/w France | o/w Belgium | o/w Italy | o/w Netherlands | o/w Others | Latin America | o/w Brazil | o/w Chile | o/w Mexico | o/w Peru | Northen America | AMEA | o/w Middle East and Turkey | o/w Asia | o/w Africa | TOTAL | |
Natural gas | 14,620 | 1,403 | 2,970 | 3,486 | 2,943 | 3,818 | 1,847 | 629 | 301 | 917 | 656 | 32,649 | 28,520 | 4,129 | 49,772 | ||
Pumped storage1 | 3,311 | 1,102 | 75 | 2,134 | 3,311 | ||||||||||||
Coal | 1,535 | 317 | 1,094 | 125 | 1,250 | 1,250 | 2,785 | ||||||||||
Other | 1,526 | 788 | 738 | 1,218 | 54 | 1,164 | 1,137 | 134 | 1,003 | 3,881 | |||||||
TOTAL | 19,457 | 2,191 | 4,809 | 3,561 | 2,943 | 5,952 | 4,600 | 317 | 1,776 | 301 | 2,205 | 656 | 35,036 | 28,520 | 4,263 | 1,253 | 59,749 |
ELECTRICITY OUTPUT (TWh) | |||||||||||||||||
Europe | o/w France | o/w Belgium | o/w Italy | o/w Netherlands | o/w Others | Latin America | o/w Brazil | o/w Chile | o/w Mexico | o/w Peru | Northen America | AMEA | o/w Middle East and Turkey | o/w Asia | o/w Africa | TOTAL | |
Natural gas | 22.1 | 3.1 | 4.3 | 6.4 | 3.0 | 5.3 | 3.3 | 0.7 | 0.9 | 1.7 | 1.7 | 87.8 | 78.8 | 9.0 | 114.9 | ||
Pumped storage1 | 1.5 | 0.7 | 0.0 | 0.8 | 1.5 | ||||||||||||
Coal | 2.2 | 0.4 | 1.8 | 0.0 | 4.7 | 4.7 | 6.9 | ||||||||||
Other | 2.6 | 0.8 | 1.8 | 0.1 | 0.1 | 0.0 | 0.9 | 0.3 | 0.5 | 3.5 | |||||||
TOTAL | 26.2 | 3.9 | 6.7 | 6.4 | 3.0 | 6.1 | 5.6 | 0.4 | 2.6 | 0.9 | 1.7 | 1.7 | 93.4 | 78.8 | 9.3 | 5.2 | 126.8 |
1 Pumped storage + 143 MW of other hydro capacity managed by Thermal GBU |
ANALYSIS BY ACTIVITY | |||||||||||||||||
Thermal | |||||||||||||||||
Capacity and output by geography and by technology | |||||||||||||||||
As at 30 June 2022 / H1 2022 | |||||||||||||||||
In % of consolidation | |||||||||||||||||
INSTALLED CAPACITY (MW) | |||||||||||||||||
Europe | o/w France | o/w Belgium | o/w Italy | o/w Netherlands | o/w Others | Latin America | o/w Brazil | o/w Chile | o/w Mexico | o/w Peru | Northen America | AMEA | o/w Middle East and Turkey | o/w Asia | o/w Africa | TOTAL | |
Natural gas | 12,110 | 1,403 | 2,734 | 2,335 | 2,943 | 2,695 | 1,847 | 629 | 301 | 917 | 391 | 10,084 | 7,750 | 2,334 | 24,432 | ||
Pumped storage1 | 3,273 | 1,102 | 38 | 2,134 | 3,273 | ||||||||||||
Coal | 1,535 | 317 | 1,094 | 125 | 416 | 416 | 1,952 | ||||||||||
Other | 1,526 | 788 | 738 | 1,218 | 54 | 1,164 | 515 | 134 | 381 | 3,259 | |||||||
TOTAL | 16,909 | 2,191 | 4,574 | 2,372 | 2,943 | 4,829 | 4,600 | 317 | 1,776 | 301 | 2,205 | 391 | 11,015 | 7,750 | 2,468 | 797 | 32,916 |
ELECTRICITY OUTPUT (TWh) | |||||||||||||||||
Europe | o/w France | o/w Belgium | o/w Italy | o/w Netherlands | o/w Others | Latin America | o/w Brazil | o/w Chile | o/w Mexico | o/w Peru | Northen America | AMEA | o/w Middle East and Turkey | o/w Asia | o/w Africa | TOTAL | |
Natural gas | 17.7 | 3.1 | 3.8 | 5.1 | 3.0 | 2.7 | 3.3 | 0.7 | 0.9 | 1.7 | 0.9 | 27.4 | 21.6 | 5.8 | 49.2 | ||
Pumped storage1 | 1.5 | 0.7 | 0.0 | 0.8 | 1.5 | ||||||||||||
Coal | 2.2 | 0.4 | 1.8 | 0.0 | 1.6 | 1.6 | 3.7 | ||||||||||
Other | 2.6 | 0.8 | 1.8 | 0.1 | 0.1 | 0.0 | 0.3 | 0.1 | 0.2 | 3.0 | |||||||
TOTAL | 21.8 | 3.9 | 6.3 | 5.1 | 3.0 | 3.5 | 5.6 | 0.4 | 2.6 | 0.9 | 1.7 | 0.9 | 29.3 | 21.6 | 5.9 | 1.8 | 57.4 |
1 Pumped storage + 143 MW of other hydro capacity managed by Thermal GBU (mainly in Italy) |
ANALYSIS BY ACTIVITY | |||||||||||||||||
Thermal | |||||||||||||||||
Capacity and output by geography and by technology | |||||||||||||||||
As at 30 June 2022 / H1 2022 | |||||||||||||||||
Net ownership | |||||||||||||||||
INSTALLED CAPACITY (MW) | |||||||||||||||||
Europe | o/w France | o/w Belgium | o/w Italy | o/w Netherlands | o/w Others | Latin America | o/w Brazil | o/w Chile | o/w Mexico | o/w Peru | Northen America | AMEA | o/w Middle East and Turkey | o/w Asia | o/w Africa | TOTAL | |
Natural gas | 12,029 | 1,403 | 2,734 | 2,254 | 2,943 | 2,695 | 1,245 | 377 | 301 | 566 | 307 | 9,906 | 7,750 | 2,156 | 23,487 | ||
Pumped storage1 | 2,751 | 1,102 | 38 | 1,612 | 2,751 | ||||||||||||
Coal | 951 | 218 | 656 | 77 | 416 | 416 | 1,367 | ||||||||||
Other | 1,526 | 788 | 738 | 751 | 32 | 719 | 478 | 96 | 381 | 2,755 | |||||||
TOTAL | 16,307 | 2,191 | 4,574 | 2,292 | 2,943 | 4,307 | 2,947 | 218 | 1,066 | 301 | 1,362 | 307 | 10,800 | 7,750 | 2,253 | 797 | 30,360 |
ELECTRICITY OUTPUT (TWh) | |||||||||||||||||
Europe | o/w France | o/w Belgium | o/w Italy | o/w Netherlands | o/w Others | Latin America | o/w Brazil | o/w Chile | o/w Mexico | o/w Peru | Northen America | AMEA | o/w Middle East and Turkey | o/w Asia | o/w Africa | TOTAL | |
Natural gas | 17.4 | 3.1 | 3.8 | 4.9 | 3.0 | 2.6 | 2.4 | 0.4 | 0.9 | 1.1 | 0.6 | 27.2 | 21.6 | 5.6 | 47.6 | ||
Pumped storage1 | 1.3 | 0.7 | 0.0 | 0.6 | 1.3 | ||||||||||||
Coal | 1.3 | 0.3 | 1.1 | 1.6 | 1.6 | 2.9 | |||||||||||
Other | 2.6 | 0.8 | 1.8 | 0.1 | 0.1 | 0.3 | 0.1 | 0.2 | 2.9 | ||||||||
TOTAL | 21.3 | 3.9 | 6.3 | 4.9 | 3.0 | 3.2 | 3.8 | 0.3 | 1.5 | 0.9 | 1.1 | 0.6 | 29.0 | 21.6 | 5.7 | 0.2 | 54.7 |
1 Pumped storage + 143 MW of other hydro capacity managed by Thermal GBU (mainly in Italy) |
ANALYSIS BY ACTIVITY | |||||||||
Supply | |||||||||
Supply | |||||||||
Normative temperature effects - B2C France | |||||||||
KFIs (€m) | H1 2021 | H1 2022 | D 22/21 | D org | Q1 | Q2 | H1 | ||
Revenue | 4,824 | 8,169 | +69.4% | +69.1% | Volumes | 2021 | (1.2) | 3.2 | 2.0 |
EBITDA | 334 | 555 | +66.1% | +66.8% | (TWh) | 2022 | (2.9) | (0.0) | (3.0) |
EBIT | 207 | 424 | - | - | ∆ 22/21 | -1.8 | -3.2 | -5.0 | |
Growth Capex | 70 | 86 | +22.6% | - | EBITDA / EBIT (€m) | 2021 | (12) | 32 | 20 |
Maintenance Capex | 60 | 44 | -25.8% | - | 2022 | (29) | (0) | (30) | |
∆ 22/21 | -18 | -32 | -50 |
ANALYSIS BY ACTIVITY | |||
Supply | |||
Supply volume | |||
H1 2022 | B2C | ||
(TWh) | Gas | Power | TOTAL |
France | 39.0 | 12.5 | 51.4 |
o/w Green Power | 9.9 | 9.9 | |
Rest of Europe | 36.0 | 7.4 | 43.4 |
Latin America | 3.2 | 3.2 | |
AMEA | 1.4 | 1.1 | 2.5 |
TOTAL | 79.6 | 20.9 | 100.5 |
H1 2021 | B2C | ||
(TWh) | Gas | Power | TOTAL |
France | 48.7 | 12.1 | 60.8 |
o/w Green Power | 9.2 | 9.2 | |
Rest of Europe | 40.9 | 8.5 | 49.4 |
Latin America | 2.8 | 2.8 | |
AMEA | 1.6 | 1.0 | 2.6 |
TOTAL | 94.0 | 21.5 | 115.5 |
ANALYSIS BY ACTIVITY | |||||||||
Supply | |||||||||
B2C total contracts | |||||||||
H1 2022 | Gas | Power | Services | TOTAL | H2 2021 | Gas | Power | Services | TOTAL |
(k) | (k) | ||||||||
France | 6,131 | 5,350 | 1,561 | 13,042 | France | 6,213 | 5,143 | 1,564 | 12,921 |
o/w Regulated tariffs | 2,490 | 2,490 | o/w Regulated tariffs | 2,627 | 2,627 | ||||
o/w Green Power | 4,377 | 4,377 | o/w Green Power | 4,087 | 4,087 | ||||
Rest of Europe | 4,468 | 3,416 | 981 | 8,864 | Rest of Europe | 4,404 | 3,344 | 1,027 | 8,775 |
AMEA | 312 | 424 | 735 | AMEA | 312 | 423 | 735 | ||
TOTAL | 10,910 | 9,189 | 2,543 | 22,642 | TOTAL | 10,928 | 8,911 | 2,592 | 22,431 |
ANALYSIS BY ACTIVITY | ||||
Nuclear | ||||
Nuclear | ||||
KFIs (€m) | H1 2021 | H1 2022 | D 22/21 | D org |
Revenue | 15 | (23) | - | - |
EBITDA | 402 | 1,089 | - | - |
EBIT | 178 | 858 | - | - |
Growth Capex | - | - | - | - |
Maintenance Capex | 118 | 153 | +29.5% | - |
ANALYSIS BY ACTIVITY | |||||||
Nuclear | |||||||
KPIs and nuclear assets | |||||||
KPIs | H1 2021 | H1 2022 | Nuclear reactors | Operator | Installed | ENGIE | End of |
Achieved price (€/MWh) | 47.1 | 95.6 | capacity | capacity | operations / contracts | ||
Total production @conso share (TWh) | 23.5 | 22.2 | @100% (MW) | (MW) | |||
Belgium (TWh) @100% | 23.8 | 21.9 | Doel 3 | ENGIE | 1,006 | 903 | 1/10/22 |
France (TWh) @100% | 3.4 | 3.2 | Tihange 2 | ENGIE | 1,008 | 905 | 1/2/23 |
Drawing rights Belgium (TWh) @100% | (3.8) | (2.9) | Doel 1 | ENGIE | 445 | 445 | 02/15/2025 |
Availability Belgium @100% | 0.9 | 0.8 | Doel 4 | ENGIE | 1,038 | 932 | 1/7/25 |
Tihange 3 | ENGIE | 1,038 | 932 | 1/9/25 | |||
Tihange 1 | ENGIE | 962 | 481 | 1/10/25 | |||
Doel 2 | ENGIE | 445 | 445 | 1/12/25 | |||
Chooz B (swap) | EDF | - | (100) | 2025 | |||
Chooz B (drawing rights)2 | EDF | - | 750 | 2037 | |||
Tricastin (drawing rights)3 | EDF | - | 468 | 2031 | |||
TOTAL | 6,161 | ||||||
2 Chooz: 750 MW * average availability of total EDF nuclear fleet in France (excl. Tricastin) | |||||||
3 Tricastin: 468 MW * local availability of Tricastin units |
ANALYSIS BY ACTIVITY | |||||||||
Others | |||||||||
Others (GEMS1, E&C, GTT and Others) | |||||||||
Normative temperature effects - French Supply B2B activities1 | |||||||||
KFIs (€m) | H1 2021 | H1 2022 | D 22/21 | D org | Q1 | Q2 | H1 | ||
Revenue | 8,571 | 20,077 | - | - | Volumes | 2021 | (0.3) | 0.9 | 0.5 |
EBITDA | 146 | 1,082 | - | - | (TWh) | 2022 | (0.8) | (0.0) | (0.8) |
EBIT | (110) | 846 | - | - | ∆ 22/21 | -0.5 | -0.9 | -1.4 | |
Growth Capex | 291 | 15 | -94.8% | - | EBITDA / EBIT (€m) | 2021 | (3) | +9 | +5 |
Maintenance Capex | 113 | 112 | -1.0% | 2022 | (8) | (0) | (8) | ||
∆ 22/21 | -5 | -9 | -14 | ||||||
1 GEMS = GEM + main Supply B2B activities |
ANALYSIS BY ACTIVITY | ||||||
Others | ||||||
KPIs and GEMS Volume | ||||||
KPIs | H1 2021 | H1 2022 | H1 2022 (TWh) | Gas | Power | TOTAL |
GEM - Gas sales (TWh) | 44.7 | 44.7 | GEMS | 102.4 | 77.6 | 180.0 |
GEM - Electricity sales (TWh) | 19.7 | 22.7 | TOTAL | 102.4 | 77.6 | 180.0 |
Supply B2B - Gas sales (TWh) | 63.8 | 57.7 | ||||
Supply B2B - Electricity sales (TWh) | 50.7 | 54.9 | ||||
H1 2021 (TWh) | Gas | Power | TOTAL | |||
GEMS | 108.5 | 70.4 | 178.9 | |||
TOTAL | 108.5 | 70.4 | 178.9 | |||
1 Excluding Romania B2B, which is reported under GBU Supply |
POWER GENERATION CAPACITY AND OUTPUT | ||||||
Breakdown of generation capacity by technology1 | ||||||
As at 30 June 2022 | ||||||
At 100% | In % of consolidation2 | Net ownership3 | ||||
(MW) | In operation | Under construction | In operation | Under construction | In operation | Under construction |
Hydro | 21,207 | 11 | 16,153 | 11 | 11,984 | 5.5 |
o/w RoR4 | 13,308 | 11 | 2,291 | 11 | 6,719 | 5.5 |
o/w Dam | 4,139 | 3,329 | 2,255 | |||
o/w Pumped storage | 3,305 | 3,305 | 2,783 | |||
o/w Hybrid pumped storage & RoR4 | 454 | 228 | 228 | |||
Onshore wind | 12,319 | 1,483 | 8,292 | 1,392 | 6,227 | 1,143 |
Offshore wind | 1,465 | 322 | 322 | |||
Solar | 4,460 | 1,244 | 3,086 | 1,241 | 2,616 | 1,160 |
Other renewables | 483 | 361 | 332 | |||
Grid scale storage | 300 | 300 | 153 | |||
Natural gas | 49,772 | 870 | 24,432 | 870 | 23,487 | 870 |
Nuclear | 6,163 | 6,163 | 6,163 | |||
Coal | 2,785 | 1,952 | 1,367 | |||
Other non renewables | 3,676 | 3,054 | 2,550 | |||
TOTAL | 102,330 | 3,908 | 63,814 | 3,814 | 55,049 | 3,332 |
1 Excluding Energy Solutions capacity | ||||||
2 % of consolidation for full operations affiliates and % holding for joint operations and equity consolidated companies | ||||||
3 ENGIE ownership | ||||||
4 RoR = Run of River |
POWER GENERATION CAPACITY AND OUTPUT | ||||||
Breakdown of generation capacity by geography1 | ||||||
As at 30 June 2022 | ||||||
At 100% | In % of consolidation2 | Net ownership3 | ||||
(MW) | In operation | Under construction | In operation | Under construction | In operation | Under construction |
France | 7,976 | 541 | 6,181 | 522 | 4,305 | 513 |
Rest of Europe | 32,672 | 1,254 | 26,175 | 1,188 | 25,477 | 1,188 |
Latin America | 19,653 | 925 | 15,612 | 925 | 11,156 | 598 |
Northern America | 4,593 | 1,070 | 3,771 | 1,070 | 2,270 | 923 |
AMEA | 37,436 | 118 | 12,074 | 109 | 11,841 | 109 |
TOTAL | 102,330 | 3,908 | 63,814 | 3,814 | 55,049 | 3,332 |
1 Excluding Energy Solutions capacity | ||||||
2 % of consolidation for full operations affiliates and % holding for joint operations and equity consolidated companies | ||||||
3 ENGIE ownership |
POWER GENERATION CAPACITY AND OUTPUT | |||
Installed capacity1 evolution vs 30 June 2021 | |||
Capacity added by geography (MW) | |||
Commissionning | 1,349 | ||
France of which | 148 | ||
Various projects | France | Solar | 92 |
Various projects | France | Onshore wind | 55 |
Rest of Europe of which | 994 | ||
Moray East | UK | Offshore wind | 953 |
Various projects | Belgium | Onshore wind | 42 |
Latin America of which | 97 | ||
Capricornio | Chile | Solar | 74 |
Nueva Xcala | Mexico | Solar | 23 |
USA & Canada of which | 110 | ||
Priddy | USA | Onshore wind | 110 |
Acquisition | 900 | ||
Rest of Europe of which | 900 | ||
Eolia | Spain | Onshore wind | 820 |
Eolia | Spain | Solar | 78 |
Poco Loco Roeselare | Belgium | Onshore wind | 3 |
Disposal & Closing | (150) | ||
Tocopilla | Chile | Coal | (124) |
Karstadt Bluthen | Germany | Onshore | (26) |
Reclassification & Other | (64) | ||
Mintaro | Australia | Natural gas | (90) |
Torrevaldaliga | Italy | Natural gas | 16 |
Maxima Flevo | Netherlands | Natural gas | 11 |
Various projects | Saudi Arabia | Natural gas | (3) |
CNAIR Solar toiture | France | Solar | 3 |
1 Excluding Energy Solutions capacity |
POWER GENERATION CAPACITY AND OUTPUT | ||||||||||
Expected commissioning of capacity 1 under construction | ||||||||||
As at 30 June 2022, at 100% | ||||||||||
By geographic area (MW) | 2022 | 2023 | 2024-25 | TOTAL | By technology (MW) | Country | 2022 | 2023 | 2024-25 | TOTAL |
France | 237 | 292 | 11 | 540 | Onshore wind | 417 | 1,065 | 1,483 | ||
Rest of Europe | 170 | 214 | 870 | 1,254 | Limestone | USA | 299 | 299 | ||
Latin America | 194 | 730 | 924 | Santo Agostinho | Brazil | 434 | 434 | |||
o/w Brazil | 434 | 434 | Punta Lomitas | Peru | 260 | 260 | ||||
o/w Chile | 193 | 193 | Various projects | France | 121 | 121 | ||||
o/w Mexico | 1 | 1 | Various projects | Italy | 59 | 59 | ||||
o/w Peru | 296 | 296 | Other | 118 | 191 | 309 | ||||
Northern America | 650 | 420 | 1,070 | Solar | 952 | 292 | 1,244 | |||
AMEA | 118 | 118 | Sun Valley | USA | 250 | 250 | ||||
o/w Asia | 118 | 118 | Coya | Chile | 180 | 180 | ||||
TOTAL | 1,370 | 1,657 | 881 | 3,908 | LSS3 | Malaysia | 100 | 100 | ||
Various projects | France | 162 | 172 | 334 | ||||||
Various projects | USA | 101 | 120 | 321 | ||||||
1 Excluding Energy Solutions capacity | Other | 159 | 159 | |||||||
Battery Storage | 300 | 300 | ||||||||
Libra BESS | USA | 200 | 200 | |||||||
Sun Valley Storage | USA | 100 | 100 | |||||||
Others | 881 | 881 | ||||||||
TOTAL | 1,370 | 1,657 | 881 | 3,908 |
POWER GENERATION CAPACITY AND OUTPUT | |||||||||||||||||
Total capacity1 by geography and by technology | |||||||||||||||||
As at 30 June 2022 | |||||||||||||||||
At 100% | |||||||||||||||||
Europe | o/w France3 | o/w Belgium | o/w Italy | o/w Netherlands | o/w Others | Latin America | o/w Brazil | o/w Chile | o/w Mexico | o/w Peru | Northen America | AMEA | o/w Middle East and Turkey | o/w Asia | o/w Africa | TOTAL | |
MW | |||||||||||||||||
Hydro2 | 9,097 | 3,882 | 1,102 | 75 | 4,038 | 12,110 | 11,811 | 45 | 255 | 21,207 | |||||||
Onshore wind | 6,298 | 2,830 | 527 | 338 | 65 | 2,538 | 1,607 | 1,263 | 199 | 145 | 3,275 | 1,140 | 470 | 670 | 12,319 | ||
Offshore wind | 1,465 | 487 | 978 | 1,465 | |||||||||||||
Solar | 1,479 | 1,264 | 5 | 13 | 41 | 156 | 1,236 | 255 | 243 | 697 | 41 | 662 | 1,083 | 806 | 278 | 4,460 | |
Other renewables | 205 | 205 | 101 | 101 | 177 | 177 | 483 | ||||||||||
Natural gas | 14,620 | 1,403 | 2,970 | 3,486 | 2,943 | 3,818 | 1,847 | 629 | 301 | 917 | 656 | 32,649 | 28,520 | 4,129 | 49,772 | ||
Coal | 1,535 | 317 | 1,094 | 125 | 1,250 | 1,250 | 2,785 | ||||||||||
Nuclear | 6,163 | 1,218 | 4,945 | 6,163 | |||||||||||||
Other non renewables | 1,321 | 788 | 533 | 1,218 | 54 | 1,164 | 1,137 | 134 | 1,003 | 3,676 | |||||||
TOTAL | 40,648 | 11,385 | 10,773 | 3,912 | 3,049 | 11,529 | 19,653 | 13,746 | 2,263 | 1,143 | 2,500 | 4,593 | 37,436 | 28,520 | 5,715 | 3,200 | 102,330 |
1 Excluding Energy Solutions assets' output | |||||||||||||||||
2 Includes pumped storage | |||||||||||||||||
3 French Natural gas, Nuclear and Other non renewables capacities are financially reported under the segment Rest of Europe |
POWER GENERATION CAPACITY AND OUTPUT | |||||||||||||||||
Total capacity1 by geography and by technology | |||||||||||||||||
As at 30 June 2022 | |||||||||||||||||
In % of consolidation | |||||||||||||||||
Europe | o/w France3 | o/w Belgium | o/w Italy | o/w Netherlands | o/w Others | Latin America | o/w Brazil | o/w Chile | o/w Mexico | o/w Peru | Northen America | AMEA | o/w Middle East and Turkey | o/w Asia | o/w Africa | TOTAL | |
MW | |||||||||||||||||
Hydro2 | 7,987 | 3,827 | 1,102 | 38 | 3,020 | 8,166 | 7,867 | 45 | 255 | 16,153 | |||||||
Onshore wind | 3,455 | 1,687 | 329 | 215 | 62 | 1,162 | 1,582 | 1,263 | 199 | 120 | 2,730 | 525 | 223 | 302 | 8,292 | ||
Offshore wind | 322 | 43 | 279 | 322 | |||||||||||||
Solar | 793 | 667 | 5 | 13 | 22 | 86 | 1,173 | 255 | 243 | 634 | 41 | 650 | 470 | 357 | 113 | 3,086 | |
Other renewables | 205 | 205 | 92 | 92 | 64 | 64 | 361 | ||||||||||
Natural gas | 12,110 | 1,403 | 2,734 | 2,335 | 2,943 | 2,695 | 1,847 | 629 | 301 | 917 | 391 | 10,084 | 7,750 | 2,334 | 24,432 | ||
Coal | 1,535 | 317 | 1,094 | 125 | 416 | 416 | 1,952 | ||||||||||
Nuclear | 6,163 | 1,218 | 4,945 | 6,163 | |||||||||||||
Other non renewables | 1,321 | 788 | 533 | 1,218 | 54 | 1,164 | 515 | 134 | 381 | 3,054 | |||||||
TOTAL | 32,356 | 9,590 | 9,896 | 2,600 | 3,027 | 7,243 | 15,612 | 9,793 | 2,263 | 1,055 | 2,500 | 3,771 | 12,074 | 7,750 | 3,112 | 1,212 | 63,814 |
1 Excluding Energy Solutions assets' output | |||||||||||||||||
2 Includes pumped storage | |||||||||||||||||
3 French Natural gas, Nuclear and Other non renewables capacities are financially reported under the segment Rest of Europe |
POWER GENERATION CAPACITY AND OUTPUT | |||||||||||||||||
Total capacity1 by geography and by technology | |||||||||||||||||
As at 30 June 2022 | |||||||||||||||||
Net ownership | |||||||||||||||||
Europe | o/w France3 | o/w Belgium | o/w Italy | o/w Netherlands | o/w Others | Latin America | o/w Brazil | o/w Chile | o/w Mexico | o/w Peru | Northen America | AMEA | o/w Middle East and Turkey | o/w Asia | o/w Africa | TOTAL | |
MW | |||||||||||||||||
Hydro2 | 5,926 | 2,309 | 1,102 | 38 | 2,477 | 6,059 | 5,874 | 27 | 157 | 11,984 | |||||||
Onshore wind | 3,070 | 1,368 | 318 | 215 | 62 | 1,107 | 1,107 | 868 | 119 | 120 | 1,546 | 504 | 201 | 302 | 6,227 | ||
Offshore wind | 322 | 43 | 279 | 322 | |||||||||||||
Solar | 745 | 628 | 5 | 13 | 22 | 77 | 980 | 175 | 146 | 634 | 25 | 417 | 473 | 357 | 116 | 2,616 | |
Other renewables | 205 | 205 | 63 | 63 | 64 | 64 | 332 | ||||||||||
Natural gas | 12,029 | 1,403 | 2,734 | 2,254 | 2,943 | 2,695 | 1,245 | 377 | 301 | 566 | 307 | 9,906 | 7,750 | 2,156 | 23,487 | ||
Coal | 951 | 218 | 656 | 77 | 416 | 416 | 1,367 | ||||||||||
Nuclear | 6,163 | 1,218 | 4,945 | 6,163 | |||||||||||||
Other non renewables | 1,321 | 788 | 533 | 751 | 32 | 719 | 478 | 96 | 381 | 2,550 | |||||||
TOTAL | 29,781 | 7,714 | 9,884 | 2,519 | 3,027 | 6,635 | 11,156 | 7,198 | 1,358 | 1,055 | 1,545 | 2,270 | 11,841 | 7,750 | 2,876 | 1,216 | 55,049 |
1 Excluding Energy Solutions assets' output | |||||||||||||||||
2 Includes pumped storage | |||||||||||||||||
3 French Natural gas, Nuclear and Other non renewables capacities are financially reported under the segment Rest of Europe |
POWER GENERATION CAPACITY AND OUTPUT | |||
Breakdown of generation output by technology1 | |||
H1 2022 | |||
(TWh) | At 100% | In % of consolidation2 | Net ownership3 |
Hydro | 35.9 | 25.4 | 18.3 |
o/w RoR4 | 22.2 | 13.1 | 10.7 |
o/w Dam | 5.7 | 4.4 | 3.0 |
o/w Pumped storage | 1.5 | 1.5 | 1.3 |
o/w Hybrid pumped storage & RoR | 6.5 | 6.4 | 3.2 |
Onshore wind | 16.9 | 11.9 | 8.6 |
Offshore wind | 1.5 | 0.4 | 0.4 |
Solar | 4.2 | 3.0 | 2.5 |
Other renewables | 1.4 | 1.0 | 0.9 |
Natural gas | 114.9 | 49.2 | 47.6 |
Nuclear | 22.2 | 22.2 | 22.2 |
Coal | 6.9 | 3.7 | 2.9 |
Other non renewables | 3.0 | 2.4 | 2.4 |
TOTAL | 207.0 | 119.2 | 105.8 |
1 ExcludingEnergy Solutions capacity | |||
2 % of consolidation for full operations affiliates and % holding for joint operations and equity consolidated companies | |||
3 ENGIE ownership | |||
4 RoR = Run of River |
POWER GENERATION CAPACITY AND OUTPUT | |||
Breakdown of generation output by geography1 | |||
H1 2022 | |||
(TWh) | At 100% | In % of consolidation2 | Net ownership3 |
France | 10.7 | 9.1 | 5.7 |
Rest of Europe | 54.7 | 46.8 | 46.2 |
Latin America | 35.6 | 25.6 | 19.1 |
Northern America | 8.5 | 6.7 | 4.1 |
AMEA | 97.4 | 31.0 | 30.8 |
TOTAL | 207.0 | 119.2 | 105.8 |
1 ExcludingEnergy Solutions capacity | |||
2 % of consolidation for full operations affiliates and % holding for joint operations and equity consolidated companies | |||
3 ENGIE ownership |
POWER GENERATION CAPACITY AND OUTPUT | |||||||||||||||||
Electricity output1 by geography and by technology | |||||||||||||||||
For H1 2022 | |||||||||||||||||
At 100% | |||||||||||||||||
Europe | o/w France3 | o/w Belgium | o/w Italy | o/w Netherlands | o/w Others | Latin America | o/w Brazil | o/w Chile | o/w Mexico | o/w Peru | Northen America | AMEA | o/w Middle East and Turkey | o/w Asia | o/w Africa | TOTAL | |
TWh | |||||||||||||||||
Hydro2 | 9.8 | 7.1 | 0.7 | 2.0 | 26.1 | 25.3 | 0.8 | 35.9 | |||||||||
Onshore wind | 6.1 | 2.7 | 0.5 | 0.4 | 0.1 | 2.4 | 2.6 | 2.2 | 0.2 | 0.2 | 6.1 | 2.0 | 0.6 | 1.4 | 16.9 | ||
Offshore wind | 1.5 | 0.8 | 0.7 | 1.5 | |||||||||||||
Solar | 1.0 | 0.9 | 0.1 | 1.2 | 0.3 | 0.2 | 0.6 | 0.1 | 0.8 | 1.3 | 0.9 | 0.3 | 4.2 | ||||
Other renewables | 0.6 | 0.6 | 0.2 | 0.2 | 0.7 | 0.7 | 1.4 | ||||||||||
Natural gas | 22.1 | 3.1 | 4.3 | 6.4 | 3.0 | 5.3 | 3.3 | 0.7 | 0.9 | 1.7 | 1.7 | 87.8 | 78.8 | 9.0 | 114.9 | ||
Coal | 2.2 | 0.4 | 1.8 | 4.7 | 4.7 | 6.9 | |||||||||||
Nuclear | 22.2 | 3.5 | 18.8 | 22.2 | |||||||||||||
Other non renewables | 2.0 | 0.8 | 1.2 | 0.1 | 0.1 | 0.9 | 0.3 | 0.5 | 3.0 | ||||||||
TOTAL | 65.4 | 18.0 | 26.8 | 6.8 | 3.1 | 10.5 | 35.6 | 28.3 | 3.0 | 1.8 | 2.5 | 8.5 | 97.4 | 78.8 | 11.6 | 7.0 | 207.0 |
1 Excluding Energy Solutions assets' output | |||||||||||||||||
2 Includes pumped storage | |||||||||||||||||
3 French Natural gas, Nuclear and Other non renewables capacities are financially reported under the segment Rest of Europe |
POWER GENERATION CAPACITY AND OUTPUT | |||||||||||||||||
Electricity output1 by geography and by technology | |||||||||||||||||
For H1 2022 | |||||||||||||||||
In % of consolidation | |||||||||||||||||
Europe | o/w France3 | o/w Belgium | o/w Italy | o/w Netherlands | o/w Others | Latin America | o/w Brazil | o/w Chile | o/w Mexico | o/w Peru | Northen America | AMEA | o/w Middle East and Turkey | o/w Asia | o/w Africa | TOTAL | |
TWh | |||||||||||||||||
Hydro2 | 9.2 | 7.1 | 0.7 | 1.4 | 16.2 | 15.4 | 0.8 | 25.4 | |||||||||
Onshore wind | 3.3 | 1.6 | 0.3 | 0.3 | 0.1 | 1.0 | 2.6 | 2.2 | 0.2 | 0.2 | 5.1 | 0.9 | 0.3 | 0.6 | 11.9 | ||
Offshore wind | 0.4 | 0.1 | 0.3 | 0.4 | |||||||||||||
Solar | 0.5 | 0.4 | 0.1 | 1.1 | 0.3 | 0.2 | 0.6 | 0.1 | 0.8 | 0.6 | 0.4 | 0.1 | 3.0 | ||||
Other renewables | 0.6 | 0.6 | 0.2 | 0.2 | 0.3 | 0.3 | 1.0 | ||||||||||
Natural gas | 17.7 | 3.1 | 3.8 | 5.1 | 3.0 | 2.7 | 3.3 | 0.7 | 0.9 | 1.7 | 0.9 | 27.4 | 21.6 | 5.8 | 49.2 | ||
Coal | 2.2 | 0.4 | 1.8 | 1.6 | 1.6 | 3.7 | |||||||||||
Nuclear | 22.2 | 3.5 | 18.8 | 22.2 | |||||||||||||
Other non renewables | 2.0 | 0.8 | 1.2 | 0.1 | 0.1 | 0.3 | 0.1 | 0.2 | 2.4 | ||||||||
TOTAL | 55.9 | 16.5 | 25.4 | 5.4 | 3.1 | 5.5 | 25.6 | 18.4 | 3.0 | 1.6 | 2.5 | 6.7 | 31.0 | 21.6 | 6.9 | 2.5 | 119.2 |
1 Excluding Energy Solutions assets' output | |||||||||||||||||
2 Includes pumped storage | |||||||||||||||||
3 French Natural gas, Nuclear and Other non renewables capacities are financially reported under the segment Rest of Europe |
POWER GENERATION CAPACITY AND OUTPUT | |||||||||||||||||
Electricity output1 by geography and by technology | |||||||||||||||||
For H1 2022 | |||||||||||||||||
Net ownership | |||||||||||||||||
Europe | o/w France3 | o/w Belgium | o/w Italy | o/w Netherlands | o/w Others | Latin America | o/w Brazil | o/w Chile | o/w Mexico | o/w Peru | Northen America | AMEA | o/w Middle East and Turkey | o/w Asia | o/w Africa | TOTAL | |
TWh | |||||||||||||||||
Hydro2 | 5.8 | 4.0 | 0.7 | 1.1 | 12.5 | 12.0 | 0.5 | 18.3 | |||||||||
Onshore wind | 3.0 | 1.3 | 0.3 | 0.3 | 0.1 | 1.0 | 1.8 | 1.5 | 0.1 | 0.2 | 3.0 | 0.9 | 0.3 | 0.6 | 8.6 | ||
Offshore wind | 0.4 | 0.1 | 0.3 | 0.4 | |||||||||||||
Solar | 0.5 | 0.4 | 0.1 | 0.9 | 0.2 | 0.1 | 0.6 | 0.5 | 0.6 | 0.4 | 0.1 | 2.5 | |||||
Other renewables | 0.6 | 0.6 | 0.1 | 0.1 | 0.3 | 0.3 | 1.0 | ||||||||||
Natural gas | 17.4 | 3.1 | 3.8 | 4.9 | 3.0 | 2.6 | 2.4 | 0.4 | 0.9 | 1.1 | 0.6 | 27.2 | 21.6 | 5.6 | 47.6 | ||
Coal | 1.3 | 0.3 | 1.1 | 1.6 | 1.6 | 2.9 | |||||||||||
Nuclear | 22.2 | 3.5 | 18.8 | 22.2 | |||||||||||||
Other non renewables | 2.0 | 0.8 | 1.2 | 0.1 | 0.3 | 0.1 | 0.2 | 2.4 | |||||||||
TOTAL | 51.9 | 13.0 | 25.4 | 5.1 | 3.1 | 5.2 | 19.1 | 14.1 | 1.8 | 1.6 | 1.6 | 4.1 | 30.8 | 21.6 | 6.6 | 2.5 | 105.8 |
1 Excluding Energy Solutions assets' output | |||||||||||||||||
2 Includes pumped storage | |||||||||||||||||
3 French Natural gas, Nuclear and Other non renewables capacities are financially reported under the segment Rest of Europe |
FINANCIAL APPENDICES | |||||||||||
Foreign exchange | Impact of foreign exchange evolution | ||||||||||
USD | BRL | GBP | AUD | ||||||||
(€m), Δ 22/21 | USD | BRL | GBP | AUD | Other1 | TOTAL | H1 2022 average rate | 1.09 | 5.56 | 0.84 | 1.52 |
Revenue | +337 | +176 | +27 | +12 | -8 | +545 | H1 2021 average rate | 1.21 | 6.49 | 0.87 | 1.56 |
EBITDA | +65 | +88 | +4 | +1 | +7 | +165 | D Average rate | -9.3% | -14.4% | -3.0% | -2.7% |
EBIT | +42 | +76 | +3 | +0 | +6 | +129 | The average rate applies to the income statement and to the cash flow statement | ||||
Total net debt | +209 | +382 | +4 | -8 | +13 | +600 | USD | BRL | GBP | AUD | |
Total equity | +611 | +26 | +150 | +5 | +197 | +989 | Closing rate as of 30 June 2022 | 1.04 | 5.44 | 0.86 | 1.51 |
Closing rate as of 31 Dec 2021 | 1.13 | 6.32 | 0.84 | 1.56 | |||||||
D Closing rate | -8.3% | -13.9% | 2.1% | -3.3% | |||||||
The closing rate applies to the balance sheet | |||||||||||
1 Mainly MXN, ARS, INR, RON, UAED, PLN, TRY, CLP |
FINANCIAL APPENDICES | |||||
Summary balance sheet | |||||
Assets | 31 Dec | 30 June | Liabilities & Equity | 31 Dec | 30 June |
(€bn) | 2021 | 2022 | (€bn) | 2021 | 2022 |
NON-CURRENT ASSETS | 117.4 | 141.5 | Equity, Group share | 37.0 | 45.3 |
CURRENT ASSETS | 107.9 | 129.3 | Non-controlling interests | 5.0 | 4.6 |
TOTAL | 225.3 | 270.8 | TOTAL EQUITY | 42.0 | 49.8 |
Provisions | 25.5 | 23.6 | |||
Financial debt | 41.0 | 42.0 | |||
Other liabilities | 116.8 | 155.3 | |||
TOTAL | 225.3 | 270.8 |
FINANCIAL APPENDICES | ||
Summary income statement | ||
(€m) | H1 2021 | H1 2022 |
REVENUE | 25,048 | 43,167 |
Purchases & operating derivatives | (15,313) | (27,685) |
Personnel costs | (3,943) | (3,903) |
Amortization depreciation and provisions | (2,236) | (2,174) |
Taxes | (903) | (1,520) |
Other operating incomes and expenses | 513 | 632 |
Share in net income of entities accounted for using the equity method | 386 | 468 |
CURRENT OPERATING INCOME INCLUDING OPERATING MTM & SHARE IN NET INCOME OF ENTITIES ACCOUNTED FOR USING THE EQUITY METHOD | 3,552 | 8,984 |
Impairment, restructuring, disposals and others | 395 | (248) |
INCOME FROM OPERATING ACTIVITIES | 3,947 | 8,736 |
Financial result | (608) | (2,082) |
o/w recurring cost of net debt | (392) | (508) |
o/w cost of lease liabilities | (17) | (27) |
o/w non-recurring items included in financial income/(loss) | 94 | (1,110) |
o/w others | (293) | (437) |
Income tax | (941) | (1,765) |
Non-controlling interests | (73) | (52) |
Net income / (loss) relating to discontinued operations, Group share | 20 | 175 |
NET INCOME / (LOSS) GROUP SHARE | 2,343 | 5,012 |
EBITDA | 5,183 | 7,480 |
EBIT | 2,998 | 5,253 |
FINANCIAL APPENDICES | ||
Summary recurring income statement | ||
(€m) | H1 2021 | H1 2022 |
EBITDA | 5,183 | 7,480 |
o/w recurring share in net income of equity method entities | 369 | 454 |
Depreciation, amortization and others | (2,185) | (2,227) |
EBIT | 2,998 | 5,253 |
Recurring financial result | (702) | (972) |
o/w recurring cost of net debt | (392) | (508) |
o/w cost of lease liabilities | (17) | (27) |
o/w others | (293) | (437) |
Income tax | (649) | (715) |
Net recurring income from non-controlling interests relating to continuing operations | (309) | (319) |
Net recurring income relating to continuing operations, Group share | 1,338 | 3,248 |
Net recurring income relating to discontinued operations, Group share | 48 | 181 |
NET RECURRING INCOME GROUP SHARE | 1,386 | 3,429 |
FINANCIAL APPENDICES | ||
From EBIT to net income Group share | ||
(€m) | H1 2021 | H1 2022 |
EBIT | 2,998 | 5,253 |
MtM | 571 | 3,744 |
Non-recurring share in net income of equity method entities | (16) | (14) |
CURRENT OPERATING INCOME INCLUDING OPERATING MtM AND SHARE IN NET INCOME OF ENTITIES ACCOUNTED FOR USING THE EQUITY METHOD | 3,552 | 8,984 |
Impairment | (212) | (8) |
Restructuring costs | (77) | (48) |
Asset disposals & others | 684 | (192) |
INCOME FROM OPERATING ACTIVITIES | 3,947 | 8,736 |
Financial result | (608) | (2,082) |
Income tax | (941) | (1,765) |
Non-controlling interests relating to continuing operations | (73) | (52) |
NET INCOME / (LOSS) RELATING TO CONTINUING OPERATIONS, GROUP SHARE | 2,324 | 4,837 |
Net income / (loss) relating to discontinued operations, Group share | 20 | 175 |
NET INCOME / (LOSS) GROUP SHARE | 2,343 | 5,012 |
FINANCIAL APPENDICES | ||
From net income Group share to net recurring income Group share | ||
(€m) | H1 2021 | H1 2022 |
NET INCOME / (LOSS) GROUP SHARE | 2,343 | 5,012 |
Net income Group share relating to discontinued operations, Group share | (20) | (175) |
MtM commodities | (571) | (3,744) |
Impairment | 212 | 8 |
Restructuring costs | 77 | 48 |
Asset disposals & others | (684) | 192 |
Financial result (non-recurring items) | (94) | 1,110 |
Non-recurring share in net income of equity method entities | 16 | 14 |
Income tax on non-recurring items | 292 | 1,050 |
Non-controlling interests on above items | (235) | (267) |
Net recurring income relating to continuing operations, Group share | 1,338 | 3,248 |
Net recurring income relating to discontinued operations, Group share | 48 | 181 |
NET RECURRING INCOME GROUP SHARE | 1,386 | 3,429 |
FINANCIAL APPENDICES | ||
Cash flow statement | ||
(€m) | H1 2021 | H1 2022 |
Gross cash flow before financial loss and income tax | 4,748 | 6,944 |
Income tax paid (excl. income tax paid on disposals) | (297) | (517) |
Change in operating working capital | (4) | 640 |
Cash flow from (used in) operating activities relating to continuing operations | 4,448 | 7,067 |
Cash flow from (used in) operating activities relating to discontinued operations | 165 | 12 |
CASH FLOW FROM (USED IN) OPERATING ACTIVITIES | 4,613 | 7,079 |
Net tangible and intangible investments | (2,535) | (2,247) |
Financial investments | (1,305) | 153 |
Disposals and other investment flows | 416 | (791) |
Cash flow from (used in) investing activities relating to continuing operations | (3,424) | (2,885) |
Cash flow from (used in) investing activities relating to discontinued operations | (78) | (3,614) |
CASH FLOW FROM (USED IN) INVESTMENT ACTIVITIES | (3,503) | (6,499) |
Dividends paid | (1,534) | (2,277) |
Balance of reimbursement of debt/new debt | (318) | (1,857) |
Net interests paid on financial activities | (302) | (337) |
Capital increase/hybrid issues | 7 | 27 |
Other cash flows | 148 | 533 |
Cash flow from (used in) financial activities relating to continuing operations | (1,998) | (3,911) |
Cash flow from (used in) financial activities relating to discontinued operations | (102) | 3,748 |
CASH FLOW FROM (USED IN) FINANCIAL ACTIVITIES | (2,100) | (163) |
Impact of currency and other relating to continuing operations | 115 | 493 |
Impact of currency and other relating to discontinued operations | 6 | (21) |
Impact of currency and other | 121 | 472 |
TOTAL CASH FLOWS FOR THE PERIOD | (869) | 889 |
Reclassification of cash and cash equivalents relating to discontinued activities | (418) | (125) |
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD | 12,980 | 13,890 |
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD | 11,694 | 14,655 |
FINANCIAL APPENDICES | ||
Reconciliation between EBITDA and operating cash flow | ||
(€m) | H1 2021 | H1 2022 |
EBITDA | 5,183 | 7,480 |
Restructuring costs cashed out | (111) | (95) |
Provisions | (37) | (207) |
Share in net income of entities accounted for using the equity method | (402) | (482) |
Dividends and others | 115 | 248 |
CASH GENERATED FROM OPERATIONS BEFORE INCOME TAX AND WORKING CAPITAL REQUIREMENTS | 4,748 | 6,944 |
FINANCIAL APPENDICES | ||
Tax position | ||
(€m) | H1 2021 | H1 2022 |
Consolidated income before tax, share in entities accounted for using the equity method and discontinued operations | 2,969 | 6,194 |
Consolidated income tax | (941) | (1,765) |
Effective tax rate | 31.7% | 28.5% |
Recurring effective tax rate | 34.3% | 18.8% |
FINANCIAL APPENDICES | |||
Breakdown of total Capex by activity | |||
H1 2022 | |||
(€m) | Growth1 | Maintenance | TOTAL |
Renewables | 1,339 | 39 | 1,378 |
Networks | 505 | 514 | 1,019 |
Energy Solutions | 258 | 71 | 329 |
Thermal | 27 | 107 | 134 |
Supply | 86 | 44 | 130 |
Nuclear | 153 | 153 | |
Others | 15 | 112 | 127 |
o/w GEMS | 12 | 53 | 65 |
TOTAL | 2,231 | 1,039 | 3,270 |
1 Net of DBSO and US tax equity proceeds |
RATING | ||||||||
Strong 'Investment grade' category rating | ||||||||
As at 29 July 2022 | ||||||||
S&P | Moody's | Fitch | ||||||
Long-term issuer rating | Senior long-term unsecured rating | Issuer default rating | ||||||
A+ | A1 | A+ | ||||||
A | Verbund (stable) | 12/13/19 | A2 | A | ||||
A- | EnBW (stable) | 6/20/17 | A3 | Vattenfall (stable) | 7/6/21 | A- | ENGIE (stable) | 3/24/21 |
Verbund (stable) | 1/13/20 | |||||||
BBB+ | ENEL (stable) | 12/6/17 | Baa1 | EDF (negative) | 2/21/22 | BBB+ | EDF (negative) | 3/2/22 |
ENGIE (stable) | 4/24/20 | EnBW (stable) | 5/18/21 | ENEL (stable) | 2/4/22 | |||
Iberdrola (stable) | 4/22/16 | ENEL (stable) | 1/14/21 | E.ON (stable) | 8/24/18 | |||
Orsted (stable) | 5/15/14 | ENGIE (stable) | 11/9/20 | Iberdrola (stable) | 3/25/14 | |||
SSE (stable) | 12/20/18 | Iberdrola (stable) | 3/14/18 | Orsted (stable) | 2/21/14 | |||
Vattenfall (positive) | 11/26/21 | Orsted (stable) | 6/13/17 | RWE (stable) | 3/25/21 | |||
SSE (stable) | 11/17/21 | |||||||
BBB | EDF (CW negative) | 5/24/22 | Baa2 | E.ON (stable) | 5/17/18 | BBB | EDP (stable) | 5/12/21 |
EDP (stable) | 3/16/21 | Fortum (UR for downgrade) | 7/12/22 | Fortum (negative) | 6/23/22 | |||
E.ON (stable) | 3/15/17 | Naturgy (stable) | 8/8/17 | Naturgy (stable) | 7/10/19 | |||
Fortum (CW negative) | 7/5/22 | RWE (stable) | 4/15/21 | SSE (stable) | 2/24/20 | |||
Naturgy (CW negative) | 2/18/22 | |||||||
BBB- | Baa3 | EDP (positive) | 5/11/21 | BBB- |
CREDIT | ||
Economic net debt / EBITDA | ||
Bridge financial to economic net debt | ||
(€bn) | FY 2021 | H1 2022 |
EBITDA LTM | 10,563 | 12,860 |
IFRS NET FINANCIAL DEBT | 25,350 | 26,320 |
IFRS FND / EBITDA | 2.40 | 2.05 |
ARO provisions | 16,291 | 16,524 |
Post-employment provisions (minus deferred tax assets) w/o regulated subsidiaries | 2,674 | 1,863 |
(-) Nuke dedicated assets | (6,014) | (6,240) |
ECONOMIC NET DEBT | 38,300 | 38,467 |
ECONOMIC NET DEBT / EBITDA | 3.63 | 2.99 |
CREDIT | |||||||
Hybrids | |||||||
Issuer | Currency | Coupon | Issue date | First Reset date / First Call date | Non-Call | Outstanding | Annual coupon payment (€m) |
period (years) | amount (€m)2 | ||||||
GDF SUEZ | EUR | 3.875% | 6/2/14 | 6/2/24 | 10 | 393 | 15 |
ENGIE1 | EUR | 1.375% | 1/16/18 | 4/16/23 | 5.25 | 274 | 4 |
ENGIE1 | EUR | 3.250% | 1/28/19 | 2/28/25 | 6.1 | 1,000 | 33 |
ENGIE | EUR | 1.625% | 7/8/19 | 7/8/25 | 6 | 500 | 8 |
ENGIE1 | EUR | 1.500% | 11/30/20 | 11/30/28 | 8 | 850 | 13 |
ENGIE1 | EUR | 1.875% | 7/2/21 | 7/2/31 | 10 | 750 | 14 |
TOTAL | 3,767 | 86 | |||||
1 Green Bonds | |||||||
2 Outsanding hybrids as of 30 June 2022 |