December 13 (Reuters) – Engie SA:
* ENGIE SIGNS A FINAL AGREEMENT WITH THE BELGIAN GOVERNMENT ON THE EXTENSION OF THE TIHANGE 3 AND DOEL 4 NUCLEAR REACTORS
* ENGIE AND THE BELGIAN GOVERNMENT SIGNED THE FINAL AGREEMENT ON DECEMBER 13 ON THE EXTENSION OF THE TIHANGE 3 AND DOEL 4 NUCLEAR REACTORS AND ON ALL OBLIGATIONS RELATED TO NUCLEAR WASTE.
* THIS DOCUMENT CONFIRMS AND ENDORSES THE KEY PRINCIPLES OF THE FRAMEWORK AGREEMENT SIGNED ON JULY 21, 2023
* THE COMMITMENT OF BOTH PARTIES TO CARRY OUT A FLEXIBLE LONG-TERM OPERATION (“LTO”), FOR AN ESTIMATED AMOUNT OF INVESTMENT BETWEEN EUR 1.6 Bn AND EUR 2 Bn
* THE COMMITMENT OF BOTH PARTIES TO IMPLEMENT THEIR BEST EFFORTS TO RESTART THE NUCLEAR UNITS OF DOEL 4 AND TIHANGE 3 FROM NOVEMBER 2025
* THE CREATION OF A LEGAL STRUCTURE DEDICATED TO THE TWO EXTENDED NUCLEAR UNITS, OWNED EQUALLY BY THE BELGIAN STATE AND ENGIE
* FIXING A FLAT AMOUNT FOR FUTURE COSTS LINKED TO THE PROCESSING OF NUCLEAR WASTE, CONCERNING ALL ENGIE NUCLEAR FACILITIES IN BELGIUM, FOR A TOTAL AMOUNT OF 15 BILLION EUROS PAYABLE IN TWICE ACCORDING TO WASTE CATEGORIES
* THE LIFTING OF RESTRICTIONS ON ELECTRABEL’S NON-EUROPEAN ASSETS
* THE IMPACT LINKED TO THE INCREASE IN ENGIE’S COMMITMENTS UNDER THE TRANSFER OF PROVISIONS FOR NUCLEAR WASTE ON NON-RECURRING NET PROFIT AND ON NET ECONOMIC DEBT HAS ALREADY OBSERVED AS OF JUNE 30, 2023
*ENGIE CONFIRMS THAT THIS AGREEMENT DOES NOT MODIFY THE GROUP’S MEDIUM-TERM GUIDANCE
* THE OPERATION OF THESE TWO REACTORS AS WELL AS THE DISMANTLING WORK UNDERTAKEN ON THE OTHER UNITS WILL ALLOW THE MAINTENANCE OF APPROXIMATELY 4,000 JOBS AND WILL INVOLVE THE RECRUITMENT OF 200 ADDITIONAL EMPLOYEES IN THE COMING MONTHS Original text on Eikon For more details, click on (Gdansk editorial office)
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