Engie CEO Challenges Far-Right Energy Proposals

Engie Chief Executive Catherine MacGregor cautioned against the energy policy measures proposed by France's far-right National Rally. She defended her controversial attendance at a recent dinner with party leader Marine Le Pen, emphasizing Engie's responsibility to educate political figures on complex energy issues.

MacGregor noted that the National Rally's positions could disrupt France's energy market, affecting energy security, electricity pricing, and decarbonization efforts. Engie's chief supports engaging in dialogue to counteract proposals she deems detrimental to France.

Despite political risks, Engie has shifted investments towards Britain, appreciating its stable political environment and commitment to decarbonization alongside an independent energy regulator.