French President Emmanuel Macron has scored an own goal by tacitly endorsing a murky boardroom coup at state-backed utility Engie, writes CGAThompson.
The board of French utility Engie has decided not to renew the mandate of Chief Executive Isabelle Kocher, according to a company statement on Feb. 6.
The company’s board also singled out “two critical challenges in Belgium and France, namely how nuclear energy fits into the Belgian energy mix and natural gas in the French one.”
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