ENGIE

Environmental & Social Information • Oct 15, 2024

Press Release 15th october 2024

ENGIE strengthens its presence in biomethane in Europe with the acquisition of its first production unit in Belgium

• ENGIE acquires a biomethane plant with a production capacity of 68 GWh per year in Belgium.
• This acquisition will contribute to ENGIE's objective of producing 10 TWh of biomethane per year by in Europe.

ENGIE continues to increase its biomethane production capacity in Europe with the acquisition of a new unit in Belgium, the Group's first biomethane production facility in the country. Following on from its recent acquisitions in the Netherlands and England, this strategic purchase from the Schelfhout family is in line with the Group's objective of building a European production platform to accelerate its development in the biomethane sector.

Located in Bree, in the Flemish region, and operational since 2013 in cogeneration (production of heat and electricity from biogas), this plant will be the first in the country to be converted to inject biomethane into the local gas network from October 2024. It will have an annual biomethane production capacity of 68 GWh, equivalent to the annual consumption of 6,000 households

ENGIE is one of the leaders in the development of biomethane in Europe, with an annual production capacity of over 1 TWh from 22 units in France, 2 in the Netherlands and 4 in the UK.

This new acquisition is a strategic move to enter the new biomethane market in Belgium, a historic country for ENGIE, where the Group supplies energy to 2.7 million customers.

Cécile Prévieu, Executive Vice President in charge of ENGIE's Networks activities, said: « This new acquisition is a concrete illustration of ENGIE's accelerating strategy in renewable gases, which are essential to the energy transition and the decarbonisation of the European economy. It strengthens ENGIE's position by establishing a foothold in a fourth growth country for biomethane production in Europe, a renewable and local energy.»

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About ENGIE

ENGIE is a global reference in low-carbon energy and services. With its 97,000 employees, clients, partners and stakeholders, the Group strives every day to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally friendly solutions. Inspired by its purpose statement, ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its clients.

Turnover in 2023: €82.6 billion. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and nonfinancial indices (DJSI World, Euronext Vigeo Eiris - Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).

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