Basic Search  |  Summaries  |  Advanced SearchPenalty: £2,128,236
Year: 2019
Date: 5 September, 2019
Offence Group: competition-related offences
Offence Type: energy market manipulation
Violation Description: Engie paid a £2,128,236 fine in settlement of a finding that the company engaged in market manipulation in the wholesale energy market by making false or misleading transactions or orders to affect energy prices.
Action Type: agency action
Settlement Type: settlement with Ofgem
Agency: Office of Gas and Electricity Markets
HQ Country of Parent: France
Ownership Structure of Parent: publicly traded
Major Industry of Parent: utilities and power generation
Specific Industry of Parent: utilities
Source of Data: (click here)