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ENGIE has signed an agreement to sell its 60.5% stake in ENGIE EPS to Taiwanese company TCC for €132 million, with a subsequent mandatory tender offer for remaining shares.
Taiwan Cement Corporation (TCC) announced on April 19, 2021, that it will invest EUR 132 million to acquire a 60.48% stake in ENGIE EPS, an Italian energy storage and EV charging infrastructure provider, becoming its largest shareholder.
Fiat Chrysler Automobiles (FCA) and ENGIE EPS signed a memorandum of understanding to create a joint venture focused on e-mobility solutions, including charging infrastructure and green energy packages for electric vehicle customers across Europe.