ENGIE and PepsiCo UK Sign a 10-Year Biomethane Contract, a First in the UK Food Industry
On January 21, 2026, ENGIE announced the signing of a 10-year biomethane supply contract with PepsiCo UK, marking the first agreement of its kind in the UK food sector.
The 10-year contract will commence in 2027, following the commissioning of the new facility. The entire production will be contracted by PepsiCo UK.
Construction of the Methanization Unit
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ENGIE will construct an anaerobic digestion methanization unit in the north of England, with an annual capacity of 60 GWh of biomethane. This output is equivalent to the gas consumption of approximately 5,000 households.
Environmental Impact
The contract is expected to enable PepsiCo UK to reduce its annual CO2 emissions by more than 10,900 tonnes. ENGIE already operates four methanization units in the southwest of England, injecting over 210 GWh of biomethane per year into the British gas network.
SectorEnergie · Services aux collectivités · Électricité intégrée›Services multi-utilités
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Context
Period
Period: 1T2026
Key reported figures
Revenue: 20,6Mds€
EBITDA: 4,7Mds€
Free cash flow: 3,0Mds€
35,2Mds€
Guidance from the release
ENGIE a réalisé un début d’année solide, marqué par une bonne performance financière.
Risks mentioned
Impact limité à date de la crise au Moyen-Orient sur nos activités.
Conditions difficiles dans la région du Moyen-Orient affectant nos actifs.
Opportunities identified
Finalisation de l’acquisition de UK Power Networks attendue.
Expansion dans les réseaux de transport électriques en Amérique latine.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
