This 184-year-old French power giant wants to lower bills

France's Engie is not simply looking to sell as much fuel as possible to global markets. The firm is now trying to help major energy consumers use less power and increase efficiency.

Photo: Engie

The energy industry has long been predicated on selling more and more fuel to an increasingly power-hungry world. France's Engie SA is betting its future on the opposite tack.

The power and gas giant that supplied coal that fueled the French Industrial Revolution and excavated the Suez Canal now sees its greatest potential for growth in helping large energy users like hospitals, schools and airports reduce their bills and carbon emissions, Isabelle Kocher, Engie's chief executive officer, said in an interview in Singapore.

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