| On the occasion of Chinese Premier Li Keqiang’s visit to France, Gérard Mestrallet, Chairman and CEO of ENGIE, signed a MOU with Ding Xuedong, Chairman and CEO of China Investment Corporation (CIC) in Paris. Premier Li and French Prime Minister Manuel Valls were present at the signing ceremony. Through their new agreement, ENGIE and CIC reinforce their cooperation in the following areas:
Co-investment in large energy projects, particularly renewable energy projects in fast developing countries; Cooperation in new technologies and in energy efficiency fields, especially in China. The cooperation between ENGIE and CIC started in 2011. It was notably marked by the establishment of a fruitful shareholder relationship in ENGIE’s exploration and production activities in which CIC holds a 30% ownership interest. (Press Release)
|