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Friday, May 12, 2017

Engie Inks $5.1B Sale Of Unit To PE-Backed Neptune Energy

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Engie on Thursday inked a €4.7 billion ($5.1 billion) sale of its interest in its oil and gas exploration and production unit to private equity-backed Neptune Energy, as the company looks to focus on cutting its carbon footprint and lowering its exposure to commodities prices.

May 12, 2017 at 03:11AM

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