The logo of Engie is seen during the company's annual general shareholders meeting in Paris, France, April 26, 2023. REUTERS/Sarah Meyssonnier/ File photo Purchase Licensing Rights
French energy company Engie (ENGIE.PA), opens new tab plans to invest up to 4 billion euros ($4.3 billion) in Belgium by 2030, the company announced on Thursday, with renewable power generation, mainly wind power, identified as a priority.
The firm, which also runs Belgium's nuclear plants and has close to 3 million customers in the country, said it is targeting installing wind power capacities of 2 gigawatts, split evenly between onshore and offshore projects.
The company also said it was investing in its new Flemalle gas power plant - planned to start service next year - and expanding its power storage infrastructure to allow for more flexibility.