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Last updated : 07/09/2026 - 17h35
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Engie Targets 100 Studies to Develop Urban Cooling Networks in France

ENGIE announced on July 16, 2026, a partnership program with Villes de France aimed at conducting 100 potential studies to accelerate the deployment of urban cooling networks in France. This initiative focuses on medium-sized cities with populations between 10,000 and 100,000 and could impact up to 5 million residents.


Engie Targets 100 Studies to Develop Urban Cooling Networks in France

A Study Program for Territories Facing Heat Waves

ENGIE and Villes de France are launching a support program to conduct 100 potential studies on urban cooling networks. The selection committee for beneficiary territories will meet on September 1, 2026, following a phase of open applications from cities and urban communities that are members of Villes de France.

26 Networks Operated in France, Growth Potential by 2050

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ENGIE currently operates 26 cooling networks in France, including in Paris, Marseille, Levallois-Perret, and Cannes, positioning itself as the world's leading operator in the sector. France currently has only about fifty cooling networks in total, a level described as modest given the projections: the demand for cooling could reach 34 TWh per year by 2050, compared to less than 20 TWh currently.

Cooling Networks, an Alternative to Individual Air Conditioners

Based on centralized production distributed to multiple buildings, cooling networks help reduce energy consumption, limit the use of refrigerant fluids, and decrease heat emissions into public spaces. These infrastructures particularly target dense urban areas and sensitive buildings (hospitals, nurseries, schools, nursing homes).



Sector Utilities Électricité intégrée


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Context

Period
  • Period: S1 2026
Key reported figures
  • Revenue: 36 707 millions d'euros
  • Quarterly revenue: 36 707 millions d'euros
  • EBITDA: 7 858 millions d'euros
  • EBITDA margin: 21,4 %
  • Net income: 3 323 millions d'euros
  • Free cash flow: 6 900 millions d'euros
Guidance from the release
  • nous relevons notre guidance 2026 de résultat net récurrent part du Groupe

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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