How Investors May Respond To Engie (ENXTPA:ENGI) Expanding Meta Partnership With 600 MW Texas Solar Deal

Meta recently announced it will purchase 100% of the electricity generated by ENGIE's upcoming 600 MW Swenson Ranch Solar project in Stonewall County, Texas, set to be ENGIE’s largest U.S. asset and operational by 2027. This agreement brings the ENGIE-Meta partnership in Texas to over 1.3 GW of renewable capacity, while the US$900 million project is expected to create 350 construction jobs and generate nearly US$160 million in local tax revenues throughout its lifespan. We'll explore how ENGIE’s expanded partnership with Meta signals strengthened demand for clean energy and impacts its investment outlook.

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Engie Investment Narrative Recap

To be a shareholder in ENGIE, you need to believe in the long-term expansion of clean energy and sustained demand from large-scale buyers such as Meta. The recent Swenson Ranch Solar announcement strengthens ENGIE’s U.S. renewables presence and highlights its ability to secure major offtake agreements, yet its impact on near-term catalysts like earnings growth remains limited, while execution risk and U.S. regulatory developments persist as core challenges.

The full commissioning of the Red Sea Wind Energy project in Egypt, now the largest in the Middle East and Africa, demonstrates ENGIE’s success in bringing mega-renewables online and adding to its revenue base. Projects like Swenson Ranch further exemplify this momentum, supporting the catalysts around timely commissioning and portfolio optimization in priority markets.

However, investors should also be aware that shifting policy and regulatory headwinds in the U.S. could still threaten project returns, so while the long-term story is compelling...

Read the full narrative on Engie (it's free!)

Engie's narrative projects €75.8 billion revenue and €4.5 billion earnings by 2028. This requires a 0.6% yearly revenue decline and a €0.5 billion decrease in earnings from €5.0 billion currently.

Uncover how Engie's forecasts yield a €21.47 fair value, a 7% upside to its current price.

Exploring Other PerspectivesENXTPA:ENGI Community Fair Values as at Oct 2025

Six private investors from the Simply Wall St Community estimated ENGIE’s fair value between €17.51 and €24.34. As global electricity demand surges, these differing views reflect how broader expectations about renewables growth can shape performance outlooks, explore how your own view compares.

Explore 6 other fair value estimates on Engie - why the stock might be worth as much as 21% more than the current price!

Build Your Own Engie Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

Story Continues

A great starting point for your Engie research is our analysis highlighting 3 key rewards and 3 important warning signs that could impact your investment decision. Our free Engie research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Engie's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ENGI.PA.

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