France's Engie Acquires Brazil's ACS

Friday, January 26, 2018
Engie has closed a deal to acquire Brazilian energy efficiency company ACS, the French energy group told Reuters on Friday without specifying the value.
ACS offers services like remote monitoring of energy consumption, as well as water, temperature and gas monitoring.
Engie aims to reach 1 billion reais ($317.82 million) in revenue in 2020, through its services arm, as it seeks to expand and diversify its presence in Brazil.


($1 = 3.1464 reais)

(Reporting by Luciano Costa; Editing by Matthew Lewis)
Categories: People & Company News Finance Energy Mergers & Acquisitions

Related Stories

CNOOC Starts Production at Another Oil Field in South China Sea

CNOOC Kicks Off Production from Bohai Bay Field

CNOOC Starts Production from Deepwater Gas Project in South China Sea

OPEC+ Has Oil Price and Demand Problems. It Should Solve Demand

CNOOC Brings Online Another South China Sea Field

IK Group Spins Off Norclamp

A Hydrogen Balancing Act in Offshore Energy

Key China Energy Indicators to Track for the Rest of 2024

China’s CNOOC Hits ‘High Yield’ Well in in Beibu Gulf

ExxonMobil to Transfer Operations of Two Malaysian PSC Assets to Petronas

Current News

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

Velesto’s Drilling Rigs Up for Automatization Overhaul Under New Tech Alliance

US Firm Finds Chinese Partner to Deliver Mobile Offshore Drilling Units

TotalEnergies and Oil India to Jointly Tackle Methane Emissions Issues

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Global Offshore Wind Stumbles to the End of '24

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Malaysia's FPSO Firm Bumi Armada Eyes Merger with MISC’s Offshore Unit

Global OTEC Presents OTEC Power Module for Remote Offshore Platforms

Beam’s AI-Driven AUV to Hit Offshore Wind Market in 2025

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com