By Olivia Bugault

 

French energy group Engie SA (ENGI.FR) said Friday that it will invest 800 million euros ($913 million) to develop green gases in the next five years.

The company's plan--disclosed during the inauguration of one of its methanization units--should support Engie's goal to inject at least 10% of renewable gases into its network by 2030 and, thus, comply with French law.

The company plans to use 100% of green gases for its operations by 2050, it said last year.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

November 09, 2018 10:32 ET (15:32 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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