Utility Engie scales back EUA hedging as it targets new markets

Published 17:02 on February 28, 2019  /  Last updated at 17:02 on February 28, 2019  /  EMEA, EU ETS  /  No Comments

French utility Engie scaled back on its near-term power hedging for 2018, it said in financial results on Thursday, in a move that could be bullish for EUAs if the company attempts to catch up to its historic levels this year.

French utility Engie scaled back on its near-term power hedging for 2018, it said in financial results on Thursday, in a move that could be bullish for EUAs if the company attempts to catch up to its historic levels this year.

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