23-06-2025
Engie Says French Renewables Ban Could Endanger €5 Billion Plan
A moratorium on new renewables projects included in an energy law under discussion in France is endangering €5 billion ($5.8 billion) of solar and wind projects that Engie SA is considering over the next 10 years, according to Chief Executive Officer Catherine MacGregor.
'This moratorium on wind and solar projects is both absurd and a disaster,' MacGrgegor said on Monday at an event on the Yeu island off the French Atlantic coast. 'We can't handle stop and go' in an industry that requires long-term planning, she said.
