Technip Energies anticipates 43% revenue growth by 2028

Technip Energies, a key player in energy engineering, announces ambitious forecasts: over €8.6 billion in revenue by 2028 and strengthened diversification towards decarbonization and sustainable technologies.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Technip Energies, a French group specializing in energy engineering, unveiled its strategic outlook during its Investor Day. Benefiting from favorable market dynamics, the company expects a significant increase in its adjusted revenue, reaching over €8.6 billion by 2028, compared to €6 billion in 2023, representing an annual growth rate of 7.4%.

The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is projected to follow a similar trajectory, rising from €540 million in 2023 to €800 million in 2028, with an estimated annual growth rate of 8.2%. These performance indicators reflect the growing demand in key sectors such as liquefied natural gas (LNG) and solutions related to decarbonization.

Diversification at the heart of the strategy

Arnaud Pieton, CEO of Technip Energies, highlighted the importance of the strategic diversification undertaken by the company. In addition to its traditional activities, the group is expanding its portfolio by entering emerging segments such as carbon capture, clean hydrogen, and sustainable fuels, especially in the aviation sector.

According to forecasts, these markets tied to decarbonization are expected to achieve double-digit annual growth until 2040, gaining maturity and speed of deployment. Simultaneously, LNG continues to grow at rates higher than global GDP, ensuring stability in the group’s core business activities.

Enhanced visibility for 2025

For the 2025 horizon, Technip Energies anticipates adjusted revenue between €7 billion and €7.6 billion, reinforcing its confidence with a commercial pipeline estimated at over €75 billion. Arnaud Pieton also emphasized the strength of projected revenues, already secured at 70% for 2025, offering strong short-term business visibility.

Beyond financial performance, the company’s dividend policy is expected to attract investors. The group plans to distribute between 25% and 35% of its free cash flow, excluding changes in working capital requirements, in line with its financial results.

Mastering the energy transition

Technip Energies is confident in its ability to thrive within the energy transition context, regardless of the scenario. The group is prepared to capitalize on opportunities presented by the expansion of traditional and sustainable energy markets while consolidating its profitability.

With these ambitions, Technip Energies asserts its leadership role in supporting industries toward a responsible and innovative energy transition, placing decarbonization at the core of its growth strategy.

Baker Hughes has completed the transfer of its surface pressure control business to Cactus in a majority joint venture, receiving $344.5 million to strengthen its liquidity and realign its industrial portfolio.
Occidental has completed the sale of its chemical subsidiary OxyChem to Berkshire Hathaway for $9.7bn, refocusing its activities on oil and gas. The transaction excludes the company’s historical environmental liabilities.
NU E Power Corp. closed a first financing tranche of $625,003 to support interconnection projects in Alberta and international feasibility studies, marking a new phase in the deployment of its energy infrastructure network.
Octopus sells a minority stake in Kraken for $1 billion in a deal valuing the tech platform at $8.65 billion, initiating its spin-off and strengthening its position among international energy suppliers.
India’s public sector SECI seeks to outsource the design and management of an energy trading software platform, including technical support and human resources for five years at its New Delhi headquarters.
BayWa r.e. continues its strategic transformation with the sale of 2.2 GW of projects, a withdrawal from Asian markets, internal reorganisation, and a rebranding planned for 2026.
CB&I acquires Petrofac's Asset Solutions division, targeting revenue diversification and geographic expansion, with nearly 3,000 new employees expected to join the group.
French group Nexans initiates the sale of its Autoelectric subsidiary to India’s Motherson for €207mn ($227mn), marking its full exit from non-electrification activities.
Bourbon enters a new strategic phase following the arrival of Davidson Kempner and Fortress, who have become majority shareholders after a financial restructuring approved by the French courts.
US-based Armada has signed a memorandum of understanding with the Department of Energy to participate in the Genesis Mission, aimed at accelerating scientific research and reinforcing national energy and technology sovereignty.
Solar Energy Corporation of India signed a strategic agreement with Global Energy Alliance to strengthen grid resilience and support the expansion of storage and smart management technologies.
Le fonds souverain omanais a validé 141 projets en 2025 pour un engagement total de $1.2bn, visant à renforcer l’indépendance énergétique et l’industrialisation nationale à travers un programme d’investissement de $5.2bn.
The Norwegian energy group rejects the sanction imposed for illegal gas discharges at Mongstad, citing disagreement over maintenance obligations and the alleged financial benefit.
Alpine Power Systems announces the acquisition of Chicago Industrial Battery to expand its regional presence and support the growth of its PowerMAX line of used and rental batteries and chargers.
HASI and KKR strengthen their strategic partnership with an additional $1bn allocation to CarbonCount Holdings 1, bringing the vehicle’s total investment capacity to nearly $5bn.
EDF is considering selling some of its subsidiaries, including Edison and its renewables activities in the United States, to strengthen its financial capacity as a €5bn ($5.43bn) savings plan is underway.
French group Qair secures a structured €240 million loan to consolidate debt and strengthen liquidity, with participation from ten leading financial institutions.
Xcel Energy initiates three public tender offers totalling $345mn on mortgage bonds issued by Northern States Power Company to optimise its long-term debt structure.
EDF power solutions' Umoyilanga energy project has entered provisional operation with the Dassiesridge wind plant, marking a key milestone in delivering dispatchable electricity to South Africa’s national grid.
Indian group JSW Energy launches a combined promoter injection and institutional raise totalling $1.19bn, while appointing a new Chief Financial Officer to support its expansion plan through 2030.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.