Belgium negotiates nationalisation of its nuclear plants with Engie

The Belgian government and Engie announced on Thursday they are entering exclusive negotiations for the Belgian state to acquire all of Engie's nuclear assets in Belgium. The aim is to relaunch nuclear power in the country. This deal ends Engie's involvement in nuclear energy.

The Belgian government and French group Engie announced on April 30, 2026, that they are starting exclusive negotiations. The Belgian state plans to acquire all of Engie's nuclear assets located beyond Quiévrain, that is, in Belgium.

"This initiative reflects the strategic decision of the Belgian government to assume direct ownership of the country's nuclear assets, in line with its ambition to extend the operation of existing nuclear reactors and develop new nuclear capacities in Belgium," confirm the two partners in a joint statement.

The operation explicitly aims to relaunch nuclear power in the country, as Europe sees a revival of this energy amid energy crises. It definitively ends Engie's story in the nuclear sector.

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Business executives shaking hands in front of a Brazil power grid map, symbolizing GEB and La Caisse energy agreement.
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GEB signs agreement with La Caisse for Brazil transmission platform

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Grupo Energía de Bogotá (GEB) and Canadian investor La Caisse signed an agreement to create a joint energy transmission platform in Brazil. The deal will consolidate assets that position the new entity among the top five companies in the sector there.

The government proposes in its spring budget amendment that the state take a 60 percent majority stake in nuclear company Videberg Kraft, planning new small reactors at Ringhals. The state will buy shares from Vattenfall for 1.8 billion kronor in 2027. The deal gives the state direct and indirect ownership of 80 percent.

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French-owned energy firm Engie announced its withdrawal from the Chilean Association of Renewables and Storage (Acera). It stated that the association's current makeup does not align with its comprehensive utility vision for the energy transition. This marks the second major exit from the group in recent times.

TotalEnergies unveiled a new online offer called Access on Monday, May 18. It grants a 10% discount for three years on electricity and gas to new clients. The announcement follows record profits and political pressure.

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Brazil's National Electric Energy Agency (Aneel) decided on Tuesday (7) to open an administrative process to terminate the concession contract of distributor Enel in the São Paulo metropolitan region. The company has 30 days to defend itself before the agency issues an opinion to the Ministry of Mines and Energy, which has the final say. The action follows repeated blackouts caused by storms since late 2023.

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