Engie weighs acquisition of Innogy for EUR 18.6 billion

French utility Engie is considering an acquisition of German RWE's subsidiary for renewable energy. The price would come to more than EUR 18 billion.

Photo: Mainstream Renewable Power

At the moment, French energy company Engie SE is considering an acquisition of the listed green company Innogy which has market value of EUR 18.6 billion, reports Bloomberg citing anonymous sources with knowledge of the matter.

The decision is not finalized yet, but the French company is currently discussing pros and cons with advisors.

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