Engie Considers Selling German Power Plants -Reuters

03/07/18 09:45 AM EST

--Engie is considering selling its German power plant assets in a deal that could be worth several hundred million euros, reports Reuters, citing two unnamed sources.

--The French energy company is the sole owner of two coal-fired power plants in Germany, and holds a majority stake in a third, according to Reuters.

--One source said Engie hired JPMorgan as an advisor on the potential sale, Reuters reports.


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March 07, 2018 09:45 ET (14:45 GMT)

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