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Zawya
01-05-2025
- Business
- Zawya
ENGIE and NEOM join forces to advance desalination brine valorization solutions
ENGIE, a global leader in low-carbon energy and services, are collaborating with NEOM, the sustainable region in northwest Saudi Arabia, on advancing solutions for desalination brine valorization. This cross-border partnership addresses a key component of water sustainability in arid regions and extracting value from waste. Under the terms of the recently signed Memorandum of Understanding (MoU), ENGIE and NEOM will share expertise, testing results, and pilot installations aimed at developing desalination brine management practices. The partnership will harness advanced technologies, including advanced membrane solutions and crystallization systems, to explore the potential for valuable resource recovery from seawater brine by-products. 'Brine management is one of the critical challenges associated with desalination. By working with NEOM, who are ambitious in terms of scale and complexity, we are excited to explore new avenues for sustainable solutions that align with our broader mission of driving the energy transition,' said Olivier Sala, Vice President of Research & Innovation at ENGIE. Gavin van Tonder, Managing Director of Water at NEOM, expressed enthusiasm for the collaboration: 'NEOM is committed to accelerating global progress on sustainable water management. Partnering with ENGIE, we aim to advance necessary technologies that reduce environmental footprint of desalination while contributing to NEOM's vision of a sustainable future.' This collaboration represents a step towards building a sustainable water resource management system, with the potential to scale these solutions to other regions facing similar challenges in water desalination. About ENGIE ENGIE is a major player in the energy transition, whose purpose is to accelerate the transition towards a carbon-neutral economy. With 98,000 employees in 30 countries, the Group covers the entire energy value chain, from production to infrastructures and sales. ENGIE combines complementary activities: renewable electricity and green gas production, flexibility assets (notably batteries), gas and electricity transmission and distribution networks, local energy infrastructures (heating and cooling networks) and the supply of energy to individuals, local authorities and businesses. Every year, ENGIE invests more than €10 billion to drive forward the energy transition and achieve its net-zero carbon goal by in 2024: €73.8 billion. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and non-financial indices (DJSI World, Euronext Vigeo Eiris - Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X). ENGIE HQ press contact: Email: engiepress@ Middle East press contact: Email: About NEOM NEOM is an accelerator of human progress and a vision of what a new future might look like. It is a region in northwest Saudi Arabia on the Red Sea being built from the ground up as a living laboratory – a place where entrepreneurship will chart the course for this new future. It will be a destination and a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation. NEOM will include hyperconnected, cognitive cities, ports and enterprise zones, research centers, sports and entertainment venues and tourist destinations. As a hub for innovation, entrepreneurs, business leaders and companies will come to research, incubate, and commercialize new technologies and enterprises in groundbreaking ways. Residents of NEOM will embody an international ethos and embrace a culture of exploration, risk-taking and diversity. For further information email media@ or visit and
Mid East Info
20-02-2025
- Business
- Mid East Info
ENGIE strengthens its strategic focus with divestment of power and water desalination assets in Kuwait and Bahrain
ENGIE, a leader in low-carbon energy, announces the signing of a Sale and Purchase Agreement (SPA) for the divestment of its shareholding in Az Zour North, a combined gas and water desalination plant in Kuwait, three gas power and water desalination plants in Bahrain, and the associated operations and maintenance (O&M) companies to ACWA Power. This transaction marks ENGIE's exit from these two countries and aligns with the Group's commitment to achieving net zero by 2045. In Kuwait, ENGIE will divest its 17.5% shareholding in Az Zour North, a 1.5 GW capacity gas and desalination plant, capable of producing 107 million imperial gallons of water daily (MIGD). ENGIE will also divest its 50% stake in Az Zour North O&M company. In Bahrain, the divested assets consist of: Al Dur: 45% share in a 1.2 GW gas power production and 48 MIGD water desalination plant. Al Ezzel: 45% share in a 0.9 GW gas power production plant. Al Ezzel O&M: 100% share in the company ensuring operations and maintenance of Al Dur and Al Ezzel facilities. Al Hidd: 30% share in a 0.9 GW gas power production and 90 MIGD water desalination plant, and in the integrated O&M company. The decision to divest these assets is part of ENGIE's roadmap and commitment to achieving net zero by 2045. With ambitious growth plans, ENGIE is focused on expanding its portfolio of renewable energy, flexible generation, and low-carbon energy solutions tailored for industrial partners. By driving innovation and fostering long-term partnerships, ENGIE is dedicated to playing a pivotal role in the Middle East region's sustainable energy transition and future development. The completion of the transaction remains subject to customary regulatory approvals and closing conditions. ENGIE and ACWA Power are working closely to ensure a smooth transition of ownership of the assets while maintaining uninterrupted best-in-class operations. ENGIE has been a significant player in the Gulf Cooperation Council (GCC) region for more than 30-years, offering efficient gas-fired power solutions, desalinated water production, district cooling, hydrogen and battery storage. ENGIE remains committed and will continue to invest in renewable energy projects and innovative low-carbon solutions. About ENGIE: ENGIE is a global reference in low-carbon energy and services. With its 97,000 employees, clients, partners and stakeholders, the Group strives every day to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally friendly solutions. Inspired by its purpose statement, ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its clients. Turnover in 2023: €82.6 billion. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and non-financial indices (DJSI World, Euronext Vigeo Eiris – Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).
Zawya
19-02-2025
- Business
- Zawya
ENGIE strengthens its strategic focus with divestment of power and water desalination assets in Kuwait and Bahrain
ENGIE, a leader in low-carbon energy, announces the signing of a Sale and Purchase Agreement (SPA) for the divestment of its shareholding in Az Zour North, a combined gas and water desalination plant in Kuwait, three gas power and water desalination plants in Bahrain, and the associated operations and maintenance (O&M) companies to ACWA Power. This transaction marks ENGIE's exit from these two countries and aligns with the Group's commitment to achieving net zero by 2045. In Kuwait, ENGIE will divest its 17.5% shareholding in Az Zour North, a 1.5 GW capacity gas and desalination plant, capable of producing 107 million imperial gallons of water daily (MIGD). ENGIE will also divest its 50% stake in Az Zour North O&M company. In Bahrain, the divested assets consist of: Al Dur: 45% share in a 1.2 GW gas power production and 48 MIGD water desalination plant. Al Ezzel: 45% share in a 0.9 GW gas power production plant. Al Ezzel O&M: 100% share in the company ensuring operations and maintenance of Al Dur and Al Ezzel facilities. Al Hidd: 30% share in a 0.9 GW gas power production and 90 MIGD water desalination plant, and in the integrated O&M company. The decision to divest these assets is part of ENGIE's roadmap and commitment to achieving net zero by 2045. With ambitious growth plans, ENGIE is focused on expanding its portfolio of renewable energy, flexible generation, and low-carbon energy solutions tailored for industrial partners. By driving innovation and fostering long-term partnerships, ENGIE is dedicated to playing a pivotal role in the Middle East region's sustainable energy transition and future development. The completion of the transaction remains subject to customary regulatory approvals and closing conditions. ENGIE and ACWA Power are working closely to ensure a smooth transition of ownership of the assets while maintaining uninterrupted best-in-class operations. ENGIE has been a significant player in the Gulf Cooperation Council (GCC) region for more than 30-years, offering efficient gas-fired power solutions, desalinated water production, district cooling, hydrogen and battery storage. ENGIE remains committed and will continue to invest in renewable energy projects and innovative low-carbon solutions. About ENGIE ENGIE is a global reference in low-carbon energy and services. With its 97,000 employees, clients, partners and stakeholders, the Group strives every day to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally friendly solutions. Inspired by its purpose statement, ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its clients. Turnover in 2023: €82.6 billion. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and non-financial indices (DJSI World, Euronext Vigeo Eiris - Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X). ENGIE HQ Press contact: Email: engiepress@ Investor relations contact: Email: ir@
