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Engie set to lose century-old Paris district heating contract

Published 27/11/2025, 11:02
Engie set to lose century-old Paris district heating contract
ENGIE
-0.37%
ENGIY
-0.14%

Investing.com -- French utility Engie is expected to lose its historic Paris district heating contract to a Dalkia-led consortium, according to French press reports.

The consortium, which includes EDF, Eiffage, and RATP, is poised to take over operations of assets that Engie has managed for over a century. Formal approval of this change is anticipated by mid-December.

While specific contract details have not been disclosed, the agreement is estimated to be worth approximately €15 billion in revenues over a 25-year period. This translates to expected annual revenues of around €600 million.

The Paris district heating system has been under Engie’s management for more than 100 years, making this transition a significant shift in the operation of the French capital’s heating infrastructure.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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