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In the red in 2020, depreciation of 2.9 billion euros on Belgian nuclear power

2021-02-26T07:20:09.824Z


Engie's net loss reached $ 1.5 billion in 2020, up from a profit of $ 1 billion in 2019. Engie announced Friday that it had plunged into the red last year, suffering from a depreciation of 2.9 billion euros on its nuclear assets in Belgium, due to the planned abandonment of this energy in the kingdom. Read also: The great race of Total, Engie and EDF in renewables The net loss reached 1.5 billion in 2020, against a profit of 1 billion in 2019, the energy giant, also affected by the


Engie announced Friday that it had plunged into the red last year, suffering from a depreciation of 2.9 billion euros on its nuclear assets in Belgium, due to the planned abandonment of this energy in the kingdom.

Read also: The great race of Total, Engie and EDF in renewables

The net loss reached 1.5 billion in 2020, against a profit of 1 billion in 2019, the energy giant, also affected by the Covid-19 pandemic, said in a statement.

Source: lefigaro

All business articles on 2021-02-26

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