# Engie boss warns against scrapping green energy deals

> Catherine MacGregor says breaking renewable contracts would scare off investors and damage France's energy future.
- Title: Engie boss warns against scrapping green energy deals
- Summary: Catherine MacGregor says breaking renewable contracts would scare off investors and damage France's energy future. Engie CEO Catherine MacGregor warned that…
- Keywords: engie, catherine macgregor, france, renewable energy, green energy contracts, budget deficit, investor confidence, politics, world, boss, warns, against
- Source: POLITICO — https://politico.eu/article/engie-backtracking-energy-mistake-budget
- Published: 2026-10-13T11:25:29+00:00
- Read time: 1 min
- Topics: engie, catherine macgregor, france, renewable energy, green energy contracts, budget deficit, investor confidence, politics, world
## Engie CEO warns on contract cancellations
Catherine MacGregor, CEO of French energy giant Engie, said governments must not abandon renewable energy contracts if they want to attract investors. Without trust, she said, investment cannot happen.

> Without trust, we cannot invest
## France proposes scrapping green subsidies
French Prime Minister Sébastien Lecornu proposed backtracking on renewable energy contracts in the 2027 budget proposal, arguing that subsidies for green energy projects, particularly solar panels, were a major financial burden.
## Stability attracts long-term investment
MacGregor argued that Europe's slow-moving approach to policy gives investors the stability they need to plan ahead. Renewable projects done at scale can compete on cost, especially with gas prices high.

> A contract is a contract
## Key takeaway

Engie CEO Catherine MacGregor warned that France's proposed cancellation of renewable energy contracts risks deterring future investment in green projects.