Engie Studying Terms of New Gas Turbine Auctions in Germany, CEO Says

06:14 AM EDT, 07/31/2026 (MT Newswires) -- Engie (ENGI.PA) Chief Executive Officer Catherine MacGregor said the company is studying all terms of a framework tied to new capacity auctions for combined-cycle gas turbines in Germany. Speaking on a conference call to discuss the French utility's first-half results, MacGregor said Engie has secured the land needed to participate in the December auction and is in "good shape in terms of equipment." The CEO added that the company's participation will depend on whether the conditions are "adequate" to support the need for flexibility in Europe.