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Last updated : 13/11/2026 - 12h33
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Engie signs a memorandum of understanding with Google for its data center project near Châteauroux

The energy group could become Google's preferred partner for supplying and managing energy for the data center planned near Châteauroux. This role remains subject to the conclusion of further agreements, and the project is still undergoing preliminary public consultation.


Engie signs a memorandum of understanding with Google for its data center project near Châteauroux

Renewables, grid and waste heat: three areas under study

Engie and Google signed a memorandum of understanding, announced on November 13, 2026, to identify energy solutions for the data center project that Google is considering near Châteauroux. The cooperation would cover three areas that the two groups have committed to study.

The first concerns a balanced and diversified portfolio of large-scale renewable energy projects, including at the national level, to meet the site’s future needs. The second aims to support the electricity grid, in particular through battery energy storage systems, either on the grid or directly on the site.

The third focuses on controlling energy costs for local stakeholders: energy efficiency of housing and buildings, and local infrastructure, particularly for electric mobility. The two companies will also study the recovery of the site’s waste heat, which would be made available free of charge to local heating networks or other consumers.

A preferred partner role dependent on further agreements

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At this stage, Engie’s status as preferred partner remains subject to the conclusion of further agreements. The data center project itself is undergoing preliminary public consultation conducted under the auspices of the National Commission for Public Debate (CNDP).

Engie will contribute its technical and energy expertise to the feasibility study and thereby support this consultation. Only if the project materializes could the identified solutions be further developed with a view to their implementation.

The two groups state that they will ensure that additional renewable capacity does not contribute to an increase in electricity prices for households or businesses in France, both at the local and national levels.

A partnership launched in Germany in 2021 and extended to several markets

This memorandum is part of a long-standing relationship. In 2021, Engie and Google launched in Germany the first European Carbon-Free Energy (CFE) Manager model, a global partnership since extended to other carbon-free energy solutions, notably in Germany, Belgium, the United Kingdom and the United States.

Edouard Neviaski, Deputy Chief Executive Officer of Engie in charge of the Supply & Energy Management activities, stated that the development of data centers “must be accompanied by the development of new renewable generation capacity and flexibility solutions”.

For Aris Karcanias, Google’s head of energy and infrastructure for the EMEA region, the goal is for the site to “integrate responsibly at the local level”.



Sector Utilities › Électricité intégrée


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Context

Period
  • Period: 9M 2026
Key reported figures
  • Revenue: 54 270 millions d'euros
  • Quarterly revenue: 54 270 millions d'euros
  • Revenue growth: 2,9 %
  • EBITDA: 10 900 millions d'euros
  • EBITDA margin: 20,1 %
  • Free cash flow: 7 500 millions d'euros
  • 57 000 millions d'euros
Guidance from the release
  • « Guidance 2026 confirmée, dans le haut de la fourchette » ; « Résultats annuels 2026 attendus dans le haut de la fourchette de la guidance »
Outlook / guidance
  • Expected net income: 5 200 millions d'euros
  • Management commentary: « le Résultat Net Récurrent part du Groupe devrait se situer dans le haut de la fourchette de 4,9 à 5,5 milliards d'euros en 2026 »

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.

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