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Engie SA is a French multinational
utility As a topic of economics, utility is used to model worth or value. Its usage has evolved significantly over time. The term was introduced initially as a measure of pleasure or happiness as part of the theory of utilitarianism by moral philosophe ...
company, headquartered in
La Défense La Défense () is a major business district in France, located west of the city limits of Paris. It is part of the Paris metropolitan area in the Île-de-France region, located in the department of Hauts-de-Seine in the communes of Courbev ...
,
Courbevoie Courbevoie () is a commune located in the Hauts-de-Seine Department of the Île-de-France region of France. It is in the suburbs of the city of Paris, from the center of Paris. The centre of Courbevoie is situated from the city limits of Pa ...
, which operates in the fields of
energy transition The energy transition is the process of downshifting fossil fuels and re-developing whole systems to operate on low carbon energy sources. More generally, an energy transition is a significant structural change in an energy system regarding ...
,
electricity generation Electricity generation is the process of generating electric power from sources of primary energy. For utilities in the electric power industry, it is the stage prior to its delivery ( transmission, distribution, etc.) to end users or its s ...
and
distribution Distribution may refer to: Mathematics * Distribution (mathematics), generalized functions used to formulate solutions of partial differential equations *Probability distribution, the probability of a particular value or value range of a vari ...
,
natural gas Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon d ...
,
nuclear Nuclear may refer to: Physics Relating to the nucleus of the atom: *Nuclear engineering *Nuclear physics *Nuclear power *Nuclear reactor *Nuclear weapon *Nuclear medicine *Radiation therapy *Nuclear warfare Mathematics *Nuclear space *Nuclear ...
,
renewable energy Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy ...
and
petroleum Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crud ...
. It is one of the few players in the sector to develop expert skills in both upstream (engineering, purchasing, operation, maintenance) and downstream (waste management, dismantling) activities. Engie supplies electricity in 27 countries in Europe and 48 countries worldwide. The company, formed on 22 July 2008 by the
merger Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspec ...
of
Gaz de France Gaz de France (GDF) was a French company which produced, transported and sold natural gas around the world, especially in France, its main market. The company was also particularly active in Belgium, the United Kingdom, Germany, and other Europea ...
and
Suez Suez ( ar, السويس '; ) is a seaport city (population of about 750,000 ) in north-eastern Egypt, located on the north coast of the Gulf of Suez (a branch of the Red Sea), near the southern terminus of the Suez Canal, having the same bou ...
, traces its origins to the Universal Suez Canal Company founded in 1858 to construct the
Suez Canal The Suez Canal ( arz, قَنَاةُ ٱلسُّوَيْسِ, ') is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea to the Red Sea through the Isthmus of Suez and dividing Africa and Asia. The long canal is a popula ...
. As of 2018, Engie employed 158,505 people worldwide with revenues of €60.6 billion. Engie is listed on the
Euronext Euronext N.V. (short for European New Exchange Technology) is a pan-European bourse that offers various trading and post-trade services. Traded assets include regulated equities, exchange-traded funds (ETF), warrants and certificates, bonds, ...
exchanges in
Paris Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Si ...
and
Brussels Brussels (french: Bruxelles or ; nl, Brussel ), officially the Brussels-Capital Region (All text and all but one graphic show the English name as Brussels-Capital Region.) (french: link=no, Région de Bruxelles-Capitale; nl, link=no, Bruss ...
and is a constituent of the
CAC 40 The CAC 40 (french: CAC quarante ) (''Cotation Assistée en Continu'') is a benchmark French stock market index. The index represents a capitalization-weighted measure of the 40 most significant stocks among the 100 largest market caps on the E ...
index. Engie was headed from 2016 to 2020 by Isabelle Kocher, who strongly transformed the company, notably by deciding to exit coal activities and by investing massively in renewable energy and energy transition services. During its General Meeting on 14 May 2020, Engie's
board of directors A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit orga ...
approved its mission statement, which is "to act to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally-friendly solutions".


History


Background (before 2006)

Prior to the GDF Suez merger plans in 2006, the company existed as two separate French multinational corporations - Suez S.A. and
Gaz de France Gaz de France (GDF) was a French company which produced, transported and sold natural gas around the world, especially in France, its main market. The company was also particularly active in Belgium, the United Kingdom, Germany, and other Europea ...
. Suez was (and still remains, through GDF Suez) one of the oldest continuously existing multinational corporations in the world as the result of nearly two centuries of reorganisation and corporate mergers. One line of corporate history dates back to the 1822 founded ''Algemeene Nederlandsche Maatschappij ter begunstiging van de volksvlijt'' (literally: General Dutch Company for the favouring of industry) by King
William I of the Netherlands William I (Willem Frederik, Prince of Orange-Nassau; 24 August 1772 – 12 December 1843) was a Prince of Orange, the King of the Netherlands and Grand Duke of Luxembourg. He was the son of the last Stadtholder of the Dutch Republic, who went ...
(see
Société Générale de Belgique The ' ( nl, Generale Maatschappij van België; literally "General Company of Belgium") was a large Belgian bank and later holdings company which existed between 1822 and 2003. The ''Société générale'' was originally founded as an investm ...
). The origin of its name 'Suez' traces back to its other founding entity – the '' Compagnie universelle du canal maritime de Suez'' founded in 1858 to build the Suez Canal. Suez S.A. was the result of a 1997 merger between the '' Compagnie de Suez'' and '. Gaz de France was created in 1946 along with its sister company
Électricité de France Électricité de France S.A. (literally ''Electricity of France''), commonly known as EDF, is a French multinational electric utility company, largely owned by the French state. Headquartered in Paris, with €71.2 billion in revenues in 2 ...
(EDF) by the
French Government The Government of France ( French: ''Gouvernement français''), officially the Government of the French Republic (''Gouvernement de la République française'' ), exercises executive power in France. It is composed of the Prime Minister, who ...
. After the liberalisation of Europe's energy markets, Gaz de France also entered into the
electricity Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as describe ...
sector, having developed combined natural gas-electricity offerings. The company's capital was partially floated on the
Paris Stock Exchange Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam, Lisbon, and Brussels exchanges in September 2000 to form Euronext NV. As of 2022, the 795 companies listed had a combined marke ...
in July 2005, raising €2.5 billion for the
French Government The Government of France ( French: ''Gouvernement français''), officially the Government of the French Republic (''Gouvernement de la République française'' ), exercises executive power in France. It is composed of the Prime Minister, who ...
.


Evolution of GDF Suez (2006 - 2008)

On 25 February 2006, French Prime minister
Dominique de Villepin Dominique Marie François René Galouzeau de Villepin (; born 14 November 1953) is a French politician who served as Prime Minister of France from 31 May 2005 to 17 May 2007 under President Jacques Chirac. In his career working at the Ministry ...
announced the
merger Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspec ...
of
water supply Water supply is the provision of water by public utilities, commercial organisations, community endeavors or by individuals, usually via a system of pumps and pipes. Public water supply systems are crucial to properly functioning societies. Th ...
and treatment,
waste management Waste management or waste disposal includes the processes and actions required to manage waste from its inception to its final disposal. This includes the collection, transport, treatment and disposal of waste, together with monitorin ...
and
energy In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of ...
company
Suez Suez ( ar, السويس '; ) is a seaport city (population of about 750,000 ) in north-eastern Egypt, located on the north coast of the Gulf of Suez (a branch of the Red Sea), near the southern terminus of the Suez Canal, having the same bou ...
and power firm
Gaz de France Gaz de France (GDF) was a French company which produced, transported and sold natural gas around the world, especially in France, its main market. The company was also particularly active in Belgium, the United Kingdom, Germany, and other Europea ...
, with the aim of creating the world's largest
liquefied natural gas Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4, with some mixture of ethane, C2H6) that has been cooled down to liquid form for ease and safety of non-pressurized storage or transport. It takes up about 1/600th the vol ...
company. Since the French state owned over 80% of Gaz de France, it was necessary to pass a new law in order to make the merger possible. Whilst
Nicolas Sarkozy Nicolas Paul Stéphane Sarközy de Nagy-Bocsa (; ; born 28 January 1955) is a French politician who served as President of France from 2007 to 2012. Born in Paris, he is of Hungarian, Greek Jewish, and French origin. Mayor of Neuilly-sur-Se ...
was for several months opposed to the Villepin government's plans for a merger of the two companies, preferring a three-way deal with Italy's
Enel Enel S.p.A. is an Italian multinational manufacturer and distributor of electricity and gas. Enel, which originally stood for Ente nazionale per l'energia elettrica (National Electricity Board), was first established as a public body at the ...
which would maintain a controlling stake for the state, he subsequently accepted the government proposal. The plan for a merger between Gaz de France and Suez came under fire from the whole of the political left, which feared the loss of one of the last ways of preventing the price rises experienced over the previous three years, and by the social
Gaullist Gaullism (french: link=no, Gaullisme) is a French political stance based on the thought and action of World War II French Resistance leader Charles de Gaulle, who would become the founding President of the Fifth French Republic. De Gaulle with ...
s and
trade union A trade union (labor union in American English), often simply referred to as a union, is an organization of workers intent on "maintaining or improving the conditions of their employment", ch. I such as attaining better wages and benefits ...
s. In August 2006, the left-wing opposition submitted a record-breaking 137,449 amendments to the proposed legislation. Under normal procedure, parliament would have been required to vote on the amendments, which would have taken 10 years. The French Constitution does give the government options to bypass such a
filibuster A filibuster is a political procedure in which one or more members of a legislative body prolong debate on proposed legislation so as to delay or entirely prevent decision. It is sometimes referred to as "talking a bill to death" or "talking out ...
, but in the end these were not used. Law No. 2006-1537 of 7 December 2006 on the energy sector authorised the
privatisation Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when ...
of Gaz de France. On 3 September 2007, Gaz de France and Suez announced agreed terms of merger, on the basis of an exchange of 21 Gaz de France shares for 22 Suez shares via the absorption of Suez by Gaz de France. Various holdings of Gaz de France and Suez had to be divested in order to satisfy the concerns of the
European Commissioner for Competition The Commissioner for Competition is the member of the European Commission responsible for competition. The current commissioner is Margrethe Vestager ( ALDE). Responsibilities The portfolio has responsibility for such matters as commercial c ...
: GDF agreed to sell its approximate 25% stake in Belgian electricity producer SPE for €515 million. The stake was purchased by fellow SPE shareholder
Centrica Centrica plc is a British multinational energy and services company with its headquarters in Windsor, Berkshire. Its principal activity is the supply of electricity and gas to consumers in the United Kingdom and Ireland. It is the largest s ...
which exercised its
right of first refusal Right of first refusal (ROFR or RFR) is a contractual right that gives its holder the option to enter a business transaction with the owner of something, according to specified terms, before the owner is entitled to enter into that transactio ...
, blocking a previous agreement to sell the stake to
Électricité de France Électricité de France S.A. (literally ''Electricity of France''), commonly known as EDF, is a French multinational electric utility company, largely owned by the French state. Headquartered in Paris, with €71.2 billion in revenues in 2 ...
. Suez, meanwhile, was forced to reduce its shareholding in natural gas distributor
Fluxys Fluxys is a Belgium-based company, mainly acting as a natural gas transmission system operator. In 2004, it employed around 850 people and its infrastructure comprised about of pipelines and a terminal in Zeebrugge, Belgium. The company is lis ...
and sell its Belgian gas supply subsidiary
Distrigas Distrigas was a natural gas company based in Belgium. In addition to Belgium, the company operated also in France, the Netherlands and Germany. On 1 November 2012, Distrigas merged with Nuon Belgium and became Eni Gas & Power NV/SA, a wholly owned ...
to
Eni Eni S.p.A. () is an Italian multinational energy company headquartered in Rome. Considered one of the seven "supermajor" oil companies in the world, it has operations in 69 countries with a market capitalization of US$54.08 billion, as of 11 Ap ...
.


GDF Suez (2008 - 2015)

The newly created GDF Suez came into existence on 22 July 2008; the world's second-largest
utility As a topic of economics, utility is used to model worth or value. Its usage has evolved significantly over time. The term was introduced initially as a measure of pleasure or happiness as part of the theory of utilitarianism by moral philosophe ...
with over €74 billion in annual revenues. The deal resulted in the conversion of the French state's 80% stake in GDF into just over 35% of shares of the new company. The water and waste assets which formerly formed part of Suez were spun off into a new publicly traded company,
Suez Environment Suez SA (formerly Suez Environnement) is a French-based utility company which operates largely in the water and waste management sectors. The company has its head office in La Défense, Paris.European Commission The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body ...
fined GDF Suez and E.ON €553 million both over arrangements on the
MEGAL pipeline The MEGAL pipeline (german: Mittel-Europäische-Gasleitung) is a major natural gas pipeline system in southern Germany. It transports natural gas from the Czech–German and Austrian–German borders to the German– French border. History Cons ...
. It was the second biggest fines imposed by the European Commission and the first one on the energy sector. In October 2009, GDF Suez placed 6th in an
A.T. Kearney Kearney is a global management consulting firm with offices in more than 40 countries worldwide. Kearney has consistently earned top places among global management consulting firm rankings, such as Vault's Consulting 50 and ''Consulting'' magazine' ...
/''
BusinessWeek ''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City ...
'' ranking of the "World's Best Companies", the highest-placed European firm. On 10 August 2010, the company announced a merger of its GDF SUEZ Energy International business unit, along with its operations within the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and ...
and
Turkey Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a small portion on the Balkan Peninsula ...
, with
International Power Engie Energy International, formerly International Power, is a multinational electricity generation company headquartered in Newcastle upon Tyne, and a wholly owned subsidiary of the French company Engie (formerly GDF Suez). The company was fo ...
. The acquisition created the world's biggest independent power producer, and the enlarged company retained International Power's listing on the
London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
and was 70% owned by GDF Suez. In December 2010, GDF SUEZ became the key founding member of the 'Medgrid' company - a consortium of twenty plus utilities, grid operators, equipment makers, financing institutions and investors; which will implement the Medgrid project, a French
renewable energy Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy ...
initiative within the framework of the
Union for the Mediterranean The Union for the Mediterranean (UfM; french: Union pour la Méditerranée, ar, الإتحاد من أجل المتوسط ''Al-Ittiḥād min ajl al-Mutawasseṭ'') is an intergovernmental organization of 43 member states from Europe and the M ...
(UfM). The project, planned in
North Africa North Africa, or Northern Africa is a region encompassing the northern portion of the African continent. There is no singularly accepted scope for the region, and it is sometimes defined as stretching from the Atlantic shores of Mauritania in ...
, aims to promote and develop a Euro-Mediterranean
electricity network An electrical grid is an interconnected network for electricity delivery from producers to consumers. Electrical grids vary in size and can cover whole countries or continents. It consists of:Kaplan, S. M. (2009). Smart Grid. Electrical Power ...
of 20 GW installed generating capacity, with 5 GW being devoted for exports to Europe. The Medgrid together with the German initiated Desertec project would serve as the backbone of the European Supergrid. On 16 April 2012, the purchase of the remaining 30% of International Power was announced by GDF Suez, and the transaction completed in July 2012. GDF Suez was advised by
Rothschild Rothschild () is a name derived from the German ''zum rothen Schild'' (with the old spelling "th"), meaning "with the red sign", in reference to the houses where these family members lived or had lived. At the time, houses were designated by sign ...
and Ondra Partners, while
Barclays Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces ...
,
Morgan Stanley Morgan Stanley is an American multinational investment management and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in more than 41 countries and more than 75,000 employees, the fir ...
and Nomura advised International Power. On 9 August 2013, GDF Suez, through its Energy Services business line, announced the purchase of
Balfour Beatty Balfour Beatty plc () is an international infrastructure group based in the United Kingdom with capabilities in construction services, support services and infrastructure investments. A constituent of the FTSE 250 Index, Balfour Beatty works acr ...
's UK Facilities Management business – Balfour Beatty WorkPlace. The legacy Cofely business incorporated the legacy Balfour Beatty Workplace Business which went on to acquire Lend Lease FM in 2014 from
Lendlease Lendlease is a globally integrated real estate company that creates and invests in communities, workplaces, retail, and infrastructure projects, headquartered in Barangaroo, New South Wales, Australia. History Founding The company was estab ...
giving the new business a substantial platform in the operation of PFI assets in the UK.


GDF Suez becomes Engie: 2015 – present

On 24 April 2015 GDF Suez announced it was changing its name to "Engie", in an effort to further expand the company's international footprint. CEO and Chairman Gérard Mestrallet said the new name was a symbol to meet the challenges of the energy transition and accelerate the group's development. The subsidiary International Power became
Engie Energy International Engie Energy International, formerly International Power, is a multinational electricity generation company headquartered in Newcastle upon Tyne, and a wholly owned subsidiary of the French company Engie (formerly GDF Suez). The company was for ...
. In July 2015, Engie acquired 95% of Solairedirect, raising its photovoltaic production from 125 to 486 MW. On 2 March 2017, Engie acquired Keepmoat Regeneration for £330m to form the places and communities division, headed up by Keepmoat LTD's former CEO Dave Sheridan. The new division is focused on three key activities; energy, services and regeneration. GDF Suez has been ranked as among the 13th best of 92 oil, gas, and mining companies on indigenous rights and resource extraction in the Arctic. In April 2019, Engie announced the acquisition of 90% of Transportadora Associada de Gás (TAG), Brazil's largest natural gas transmission system owner (2,800 miles of pipeline, 47% of the country's gas infrastructure), for €7.7 billion. It is the largest acquisition since International Power in 2010. The operation allows Engie to develop on its strategic axis of energy infrastructure as well as in Brazil, one of the priority countries. In February 2020, the board of directors announces that it will not propose the reappointment of Isabelle Kocher at the next shareholders' meeting, which will bring to an end of her chief executive officer position. In 2021, Engie was ranked fiftieth in the Arctic Environmental Responsibility Index (AERI) that covers 120 oil, gas, and mining companies involved in resource extraction north of the Arctic Circle.


Strategy


Transformation of the company's business

Since 2014, Engie has operated a strategic shift, by reducing future exploration in fossil fuels and investing massively in renewable energies (solar, wind, geothermal, biomass, hydroelectric, and nuclear) and energy efficiency services. In 2015, Engie announced its decision to stop new investments in coal plants and to dispose of €15 billion in assets in order to reinvest into projects that promote low-carbon, distributed-energy. Engie also announced it will invest €22bn in renewable energies, energy services such as heating and cooling networks, and decentralized energy technology. In 2016, Isabelle Kocher defined the strategy of Engie as follows: to promote decarbonized energy (oil and coal replaced by renewables and natural gas that emit less greenhouse gases), decentralized energy (energy produced and stored as close as possible to its place of consumption), and digitized energy (big data and digital tools for energy efficiency and network management). The group created Engie Digital and planned to invest €1.5 billion on digital and new technologies related to energy. Engie also started promoting an open innovation approach with a dedicated entity named "Engie Fab" focused on the development of intelligent networks (smart grids), Internet of objects, green mobility, energy storage, and hydrogen. Between 2016 and 2018, Engie invested €15 billion in new activities, financed by the sale of coal and upstream oil and gas.


2019-2021 strategic plan

In 2019, Isabelle Kocher announces the strategic plan of the company for the 2019-2021 period, with an ambition to become the world leader in the zero-carbon transition. The strategic shift includes accelerating its investments in renewable energies and focusing on high-value-added services to the clients. Isabelle Kocher announces the definitive exit of coal activities. Engie plans to invest another €12 billion in renewable activities, partly financed by the sale of €6 billion assets (including the last coal plants). The 12 billion break down as follows: 3 to 3.3 billion into gas infrastructure; 4 to 5 billion into client services and solutions; and 2.3 to 2.8 billion into renewable energies, adding a 9 GWh production capacity, to reach a renewable installed capacity of 52 to 64 GW by 2026. As far as the services are concerned, Isabelle Kocher's plan is to develop "energy transition as a service" for large companies and metropolises, whom she says are driving the "second wave of energy transition" by searching ways to reduce their carbon emissions (the first wave having been driven by the states). She also says it might be "the invention of a new industry" of a 1 billion dollar potential value. Engie also announces its intention to leave 20 of the 70 countries where it is active, and focus its activities on 20 countries and 30 metropolitan areas, mainly in Southeast Asia and Africa.


Operations


Power generation


France

Thanks to former
Suez Suez ( ar, السويس '; ) is a seaport city (population of about 750,000 ) in north-eastern Egypt, located on the north coast of the Gulf of Suez (a branch of the Red Sea), near the southern terminus of the Suez Canal, having the same bou ...
subsidiaries A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a sa ...
such as
Compagnie Nationale du Rhône The Compagnie Nationale du Rhône (CNR) is a French electricity generation company, mainly supplying renewable power from hydroelectric facilities on the Rhone. Operations Established in 1933, as of 2009 the company derives most of its power fr ...
(CNR),
Electrabel Electrabel SA is a Belgian energy corporation. It is a subsidiary of French multinational utility company Engie S.A. (formerly GDF Suez). History Electrabel was established in 1905. Its actual name originates from 1990, after the regrouping of t ...
and (SHEM), GDF Suez is the second-largest generator of electricity in France behind
EDF EDF may refer to: Organisations * Eclaireurs de France, a French Scouting association * Education for Development Foundation, a Thai charity * Électricité de France, a French energy company ** EDF Energy, their British subsidiary ** EDF Luminus ...
. The company indicated in December 2011 that of the group's production comes from sources that emit no CO2 principally
hydroelectricity Hydroelectricity, or hydroelectric power, is electricity generated from hydropower (water power). Hydropower supplies one sixth of the world's electricity, almost 4500 TWh in 2020, which is more than all other renewable sources combined an ...
(through CNR and SHEM) and
wind power Wind power or wind energy is mostly the use of wind turbines to generate electricity. Wind power is a popular, sustainable, renewable energy source that has a much smaller impact on the environment than burning fossil fuels. Historically ...
, the latter of which both Gaz de France and Suez moved aggressively into in 2007 and 2008. Recently acquired subsidiaries include (majority stake), the
wind farm A wind farm or wind park, also called a wind power station or wind power plant, is a group of wind turbines in the same location used to produce electricity. Wind farms vary in size from a small number of turbines to several hundred wind turb ...
business of Nass & Wind and Erelia. The company also operates a natural gas-fired
combined cycle A combined cycle power plant is an assembly of heat engines that work in tandem from the same source of heat, converting it into mechanical energy. On land, when used to make electricity the most common type is called a combined cycle gas tur ...
power plant A power station, also referred to as a power plant and sometimes generating station or generating plant, is an industrial facility for the generation of electric power. Power stations are generally connected to an electrical grid. Many ...
(DK6) in
Dunkirk Dunkirk (french: Dunkerque ; vls, label=French Flemish, Duunkerke; nl, Duinkerke(n) ; , ;) is a commune in the department of Nord in northern France.
. With the stated aim of reaching a total production capacity of 10 GW by 2013, three gas-fired
thermal power plant A thermal power station is a type of power station in which heat energy is converted to electrical energy. In a steam-generating cycle heat is used to boil water in a large pressure vessel to produce high-pressure steam, which drives a steam ...
s at
Fos-sur-Mer Fos-sur-Mer (, literally ''Fos on Sea''; Provençal: ''Fòs'') is a commune in the Bouches-du-Rhône department in southern France. Geography Fos-sur-Mer is situated about north west of Marseille, on the Mediterranean coast, and to the we ...
,
Montoir-de-Bretagne Montoir-de-Bretagne (, literally ''Montoir of Brittany''; br, Mouster-al-Loc'h) is a commune in the Loire-Atlantique department in western France. Population The population data given in the table below refer to the commune of Montoir-de-Bretag ...
and
Saint-Brieuc Saint-Brieuc (, Breton language, Breton: ''Sant-Brieg'' , Gallo language, Gallo: ''Saent-Berioec'') is a city in the Côtes-d'Armor Departments of France, department in Brittany (administrative region), Brittany in northwestern France. History ...
are currently in various stages of development, as is a
solar panel A solar cell panel, solar electric panel, photo-voltaic (PV) module, PV panel or solar panel is an assembly of photovoltaic solar cells mounted in a (usually rectangular) frame, and a neatly organised collection of PV panels is called a photo ...
project in Curbans.


International

Engie also generates electricity in a number of countries outside France. Most notably, the company is the leading producer in both
Belgium Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to ...
and the
Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...
through
Electrabel Electrabel SA is a Belgian energy corporation. It is a subsidiary of French multinational utility company Engie S.A. (formerly GDF Suez). History Electrabel was established in 1905. Its actual name originates from 1990, after the regrouping of t ...
(and the fifth-largest generator in
Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia ...
overall), as well as the largest non-
state owned State ownership, also called government ownership and public ownership, is the ownership of an Industry (economics), industry, asset, or Business, enterprise by the State (polity), state or a public body representing a community, as opposed to a ...
generator in both
Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...
and
Thailand Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is b ...
(thanks to majority stakes in Engie Brasil and
Glow Energy Glow Energy PCL is a power and utility company in Thailand established in 1993. Glow Energy is one of the largest private electricity generators in Thailand. Its core business is to produce and supply electricity to EGAT, and to produce and deliver ...
respectively). The company also operates in
North North is one of the four compass points or cardinal directions. It is the opposite of south and is perpendicular to east and west. ''North'' is a noun, adjective, or adverb indicating direction or geography. Etymology The word ''north ...
and
Latin America Latin America or * french: Amérique Latine, link=no * ht, Amerik Latin, link=no * pt, América Latina, link=no, name=a, sometimes referred to as LatAm is a large cultural region in the Americas where Romance languages — languages derived ...
through its Suez Energy International unit, as well as in other European and
Asia Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an are ...
n countries. The company generates electricity through various types of plants, including thermal power, nuclear power,
combined heat and power Cogeneration or combined heat and power (CHP) is the use of a heat engine or power station to generate electricity and useful heat at the same time. Cogeneration is a more efficient use of fuel or heat, because otherwise- wasted heat from elect ...
,
wind farm A wind farm or wind park, also called a wind power station or wind power plant, is a group of wind turbines in the same location used to produce electricity. Wind farms vary in size from a small number of turbines to several hundred wind turb ...
s,
hydroelectric Hydroelectricity, or hydroelectric power, is electricity generated from hydropower (water power). Hydropower supplies one sixth of the world's electricity, almost 4500 TWh in 2020, which is more than all other renewable sources combined an ...
and
biomass Biomass is plant-based material used as a fuel for heat or electricity production. It can be in the form of wood, wood residues, energy crops, agricultural residues, and waste from industry, farms, and households. Some people use the terms bio ...
. Engie is currently developing a $15.8 billion nuclear power plant in
Sinop, Turkey Sinop, historically known as Sinope (; gr, Σινώπη, Sinōpē), is a city on the isthmus of İnce Burun (İnceburun, Cape Ince), near Cape Sinope (Sinop Burnu, Boztepe Cape, Boztepe Burnu) which is situated on the northernmost edge of the ...
in partnership with
Itochu is a Japanese corporation based in Umeda, Kita-ku, Osaka and Aoyama, Minato, Tokyo. It is one of the largest Japanese '' sogo shosha'' (general trading companies). Among Japanese trading companies, it is distinguished by not being descend ...
and
Mitsubishi Heavy Industries is a Japanese multinational engineering, electrical equipment and electronics corporation headquartered in Tokyo, Japan. MHI is one of the core companies of the Mitsubishi Group and its automobile division is the predecessor of Mitsubishi ...
. In November 2016, Engie signed an agreement with Moroccan energy company Nareva. The two companies are planning to develop energy assets in North and Western Africa that will produce 5,000 and 6,000 megawatts. The plans will take place between 2020 and 2025. In December 2016, Engie announced that Azzour North One Independent Water & Power Project (IWPP) has started full commercial operations. The power and water plant is Kuwait's most efficient source of electricity. In January 2017, Engie has been awarded the contract and achieved financial closing for the greenfield Fadhili independent power project (IPP) in Saudi Arabia, the most efficient cogeneration plant in the country.


Coal-fired power plants

In October 2015, Engie announced that it will no longer build coal-fired power plants. Gérard Mestrallet said projects for which Engie had already entered into firm commitments would be honored, but projects, where contracts had not yet been signed, will de facto be suspended. As a result, Engie abandoned two coal-fired power plants projects in Ada Yumurtalik (
Turkey Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a small portion on the Balkan Peninsula ...
) and in Thabametsi (
South Africa South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring coun ...
). In February 2016, Engie announced the selling of its stakes in the Paiton power plant located in
Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Gui ...
and in the Meenakshi power plant located in
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area, the List of countries and dependencies by population, second-most populous ...
. Engie also announced the closing of the
Rugeley Rugeley ( ) is a market town and civil parish in the Cannock Chase District in Staffordshire, England. It lies on the north-eastern edge of Cannock Chase next to the River Trent; it is situated north of Lichfield, south-east of Stafford, nor ...
power station in
England England is a country that is part of the United Kingdom. It shares land borders with Wales to its west and Scotland to its north. The Irish Sea lies northwest and the Celtic Sea to the southwest. It is separated from continental Europe ...
. In May 2016 Engie CEO Isabelle Kocher told a French Senate committee that it was planning a gradual withdrawal from coal-fired generation over the coming years. This could include closure of, or sale of its stake in, the lignite-fired
Hazelwood Power Station The Hazelwood Power Station is a decommissioned brown coal-fuelled thermal power station located in the Latrobe Valley of Victoria, Australia. Built between 1964 and 1971, the 1,600-megawatt-capacity power station was made up of eight 200MW uni ...
in Victoria, Australia. Hazelwood power plant closed at the end of March 2017. Engie sold to Enea its Polaniec power plant, in Poland. In February 2019, Engie announced the definitive exit of all coal activities.


Renewable energy

Engie's renewable installed capacity represented 19.5% of its
energy mix The energy mix is a group of different primary energy sources from which secondary energy for direct use - such as electricity - is produced. Energy mix refers to all direct uses of energy, such as transportation and housing, and should not be c ...
at the end of 2016. The Group's renewable energy mix is composed of hydropower, solar energy, onshore and offshore wind power, biomass, and geothermal sources. Engie has won bids for several solar and wind projects since 2016: a 338 MW solar project in India (April 2017), 209 MW in contracts for solar and wind projects in Mexico, and a 40 MW solar project in Peru. It has begun construction of the 100 MW Kathu solar park in South Africa. Engie invested in Heliatek, a German company pioneering technologies in organic photovoltaics, in September 2016. The Group also assumed 100% control of La Compagnie du Vent in March 2017, and a 30% stake in Unisun, a Chinese solar photovoltaics company, in April 2017. In Brazil, Engie's largest international hydroelectric project, and the fourth largest power plant in the country (3,750 MW) was inaugurated in December 2016. Engie built its first international geothermal power generation plant in Indonesia. In October 2016, Engie developed France's first marine geothermal power station in Marseilles. In May 2017, Mexico's ministry of energy awarded Engie three geothermal exploration permits. In February 2019, Engie announced plans to add 9 gigawatts (GW) of renewable energy generation capacity to its portfolio by 2021, as part of its plan to accelerate the investments in renewable and low carbon energies. In May 2019, Engie and Portuguese power company EDP announced the future creation of a 50-50 joint venture in offshore wind, starting with a total of 1.5 gigawatts (GW) under construction and 4 GW under development. Engie's
Willogoleche Wind Farm The Willogoleche Wind Farm is a wind farm in the vicinity of Hallett in the Mid North region of South Australia. It generates up to 119 MW of electricity. There are 32 turbines in the wind farm. The closest to the town of Hallett is 3.2 km ...
(119MW) opened in South Australia on 30 July 2019. It also owns Pelican Point (500MW) and Dry Creek (156MW) gas-fired power stations and
Canunda Wind Farm Canunda Wind Farm (formerly named Lake Bonney Central Wind Farm) is a $92.5 million, 46 MW wind power project located on grazing land approximately 16 kilometres south of Millicent, and 6 kilometres west of Tantanoola in South Australia. It is j ...
(46MW) in South Australia.


Renewable gas

Engie covers the whole biomethane chain, from project development with farmers to distribution to the final clients. The group has announced that, by 2030, it would have invested 2 billion euros in renewable gas, 10% of which will be injected into the networks, and that it will produce 5 TWH a year of biomethane.


Natural gas

In its historic activity of gas, Engie covers the whole gas chain, from exploration and production to distribution. It is the: * second-largest gas transportation network in Europe * largest gas distribution network in Europe * fifth largest LNG portfolio in the world * largest LNG importer in Europe * second-largest LNG terminal operator in Europe. In November 2016, Engie and Statoil have reached an agreement on the renegotiation of their long-term gas supply contracts to adapt them to the evolution of European natural gas markets and to better reflect current market rates. In 2016, Engie has negotiated new contracts for gas supply around the world: an agreement with UkrTransGaz, Ukrainian transmission system operator, on gas transmission and storage; an agreement with AES Andres to foster growth in LNG and natural gas sales in the Caribbean. Engie also committed the ''Neptune'', one of the two FSRU (floating storage and regasification units) of its fleet, to deliver LNG to the first floating LNG import terminal in Turkey. In China, after an LNG supply agreement with Beijing Gas, Engie is looking at opportunities in the underground gas storage to hold stocks to meet seasonal demand. The bunkering vessel ''Engie Zeebrugge'' performed for the first time in the port of Zeebrugge, Belgium, in June 2017. It was the first to provide ship-to-ship supplies for LNG as fuel. In March 2017, Engie sold its licenses for shale gas exploration in the UK to petrochemicals firm Ineos, as part of its decarbonized strategy In May 2017, Engie enters into exclusive negotiations with Neptune Energy for the sale of its 70% interest in Exploration & Production International ("EPI"). Engie signed in 2016 a technical and commercial cooperation contract with Göteborg Energi to push further the industrialization of the dry biomass-to-gas production approach. Engie is also involved in the Ambigo project, the first dry biomass-to-gas project which will be located in Alkmaar, Netherlands. As a co-investor in the canceled
Nord Stream 2 Nord Stream 2 (German-English mixed expression; german: Nord and en, Stream 2, literally 'North Stream2'; russian: Северный поток — 2) is a natural gas pipeline from Russia to Germany running through the Baltic Sea, financed by ...
project, Engie wrote off €987 million in April 2022.


Energy services

Engie provides energy efficiency and environmental services. 90,000 of the group's employees are dedicated to these services. * Engineering: consulting, feasibility studies, engineering, project management and client support * Systems, installations and maintenance: electrical installations, industrial maintenance, air conditioning and refrigeration, and systems integration * Energetic services: energy efficiency, multi-technology maintenance management, cogeneration and facilities management * Housing services: cost-effective energy, energy performance improvements, renewable energy and thermal renovation * "Smart city": urban heating and cooling community systems, development of high-end technology, a streamlined energy mix, carbon footprint reduction of buildings * Micro grids and decentralized energy: local energy production and consumption systems, energy supply in isolated areas, residential self-consumption or in industrial and commercial sectors, eco-district * Green mobility: alternative fuels (NGV, bioNGV, hydrogen, etc.), charging stations for electric vehicles, transport infrastructures, smart transit systems and upstream design and planning In March 2017, Engie acquired the Dutch EVBox, one of the suppliers in electric vehicle charging. Engie (50%) and Axium Infrastructure US (50%) won a 50-year concession to ensure the sustainable energy management of the
Ohio State University The Ohio State University, commonly called Ohio State or OSU, is a public land-grant research university in Columbus, Ohio. A member of the University System of Ohio, it has been ranked by major institutional rankings among the best pub ...
in Columbus, one of the largest university campuses in the United States with 485 buildings.


Student accommodation

In 2019, Engie won a contract from the
University of Leicester , mottoeng = So that they may have life , established = , type = public research university , endowment = £20.0 million , budget = £326 million , chancellor = David Willetts , vice_chancellor = Nishan Canagarajah , head_lab ...
to oversee the development of 1,164 new student homes and the refurbishment of a grade II listed building to be used as office and study space, and the construction of a multi-storey car park and the creation of a new teaching and learning centre.


Shareholder structure

# State of France (23.64%) #
BlackRock BlackRock, Inc. is an American multi-national investment company based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with trill ...
(5.02%) #
Caisse des dépôts et consignations The Caisse des dépôts et consignations (CDC; ) is a French public sector financial institution created in 1816, and part of the government institutions under the control of the Parliament. Often described as the "investment arm" of the Fren ...
(1.83%) #
CNP Assurances CNP Assurances S.A. is a major French insurance corporation. CNP stands for ''Caisse Nationale de Prévoyance''. It is listed on the Fortune Global 500. The company was formed in 1959 as a subsidiary of Caisse des dépôts et consignations, whi ...
(0.99%) # employees of the company (3.97%) # free float (63.57%) #
treasury stock A treasury stock or reacquired stock is stock which is bought back by the issuing company, reducing the amount of outstanding stock on the open market ("open market" including insiders' holdings). Stock repurchases are used as a tax efficie ...
(0.98%)


Organisation


Business units

In April 2019, as part of its strategic project to develop zero-carbon transition "as a service", Engie announced the organization of its businesses around four business lines: Thermal, Infrastructures, Customer Solutions and Renewables. Engie also announces the creation of Engie Impact, a business entity in charge of strategy for the largest clients. Engie is also organised in geographic and transverse business units: * 11 are geographic: Africa, Latin America, Northern America, Asia Pacific, Benelux, Brazil, China, Northern, Southern and Eastern Europe, "Génération Europe" (Belgium, France, Germany, Italy, Luxembourg, Netherlands, Poland, Portugal, Spain, United Kingdom), Middle East, Southern, Central Asia, and Turkey, United Kingdom. * 8 are set up in France: "France BtoB", "France BtoC", "France Renewable Energy", "France Networks", "Natural Gas Transport" (GRTgaz), "Natural Gas Distribution" (GRDF), Liquefied Natural Gas (LNG) terminals (Elengy), Natural Gas Storage (Storengy). * 5 are global: "Exploration and Production International", Global LNG (Liquefied Natural Gas), Global Energy Management, Tractebel Engineering, GTT ( GazTransport & Technigaz).


Subsidiaries and holdings

* Altiservice Engie * Engie Axima * Engie Cofely * Engie Ineo * Engie Impact * Engie Electrabel * Engie Endel * Engie Fabricom * Engie Global Markets * Engie Home Services * Engie IT (Engie Information & Technologies) * Engie Lab * Engie MtoM * Engie Réseaux * ENGIE Solutions *
Solairedirect Solairedirect is a global renewable energy company focused on solar power. Headquartered in Paris, the company is the main solar power producer in France and has also international operations in the US, Chile, India and South Africa. In develops, ...
* Tractebel Engie *
Engie Energy International Engie Energy International, formerly International Power, is a multinational electricity generation company headquartered in Newcastle upon Tyne, and a wholly owned subsidiary of the French company Engie (formerly GDF Suez). The company was for ...
* Engie EPS * ENGIE Mobisol


Engie main subsidiaries


GrDF

GrDF is the distribution subsidiary of gas, major gas distributor in France and Europe. GRDF builds, operates, and maintains the distribution network. It transports natural gas to customers. It has around 12000 employees and the actual CEO (2017) is senior executive Edouard Sauvage.


Engie Cofely

Engie Cofely is a subsidiary of energy efficiency and environmental services. It employs 12000 collaborators and generates a turnover of €2,5 billion. The CEO is Jean-Pierre Monéger.


Engie IT

Engie IT or Engie Information & Technologies is the IT subsidiary of Engie group, founded in 2012 by CEO Jean-Michel Carboni (2012–15). Originally Engie's IT departments were managed by the DSI (€1.35bn of revenue in 2012); Carboni pooled IT departments to create a single subsidiary named Engie IT (Information & Technologies). In 2013 the turnover is around 600 million of EUR.


Sportive teams

Engie Impact host the multi-championship winning team Real Impact FC (formerly Power Soccer Crusaders). In December 2019, Real Impact FC won the Tractebel championship final by 3-to-1 against Project Fusion FC.


Key figures

Revenues: 60,1 bn€ (2019) Revenue in each region:  * North America: 4,5 bn€ * Latin America: 5,3 bn€ * Europe: 47,3 bn€ * East Middle: 1 bn€ * Africa: 0,2bn€ * Asia & Oceania: 1,7 bn€ Revenue by activity: * Client Solutions: 21 bn€ * Renewable Energy: 2,7 bn€ * Networks: 6,6 bn€ * Thermal: 4,0 bn€ * Other activities: 25,8 bn€ Capacity of installed power production: 104,3 GW in 2018, of which: * Natural gas: 55% * Renewables : 27% * Coal: 7% * Nuclear : 6% * Other: 5% Produced electricity: 420 TWh in 2018 Employees: 171,100 Employees in each region : * North America: 6,300 * Latin America: 14,300 * Europe: 137,200 * East Middle: 3,100 * Africa: 3,500 * Asia & Oceania: 6,700 Employees by activity: * Client Solutions: 119,350 * Renewable Energy: 4,600 * Networks: 22,500 * Thermal: 5,200 * Other activities: 19,450


Governance

The Engie general management: * Claire Waysand, Executive Vice President and Group's General Secretary, assuming the position of interim chief executive officer until the nomination of a new CEO * Catherine MacGregor, newly appointed company CEO, starting January 2021 * Bankole Cardoso, Chairman The members of the group executive committee are: * Claire Waysand, Executive Vice President and General Secretary of the group, and interim CEO after Isabelle Kocher leaves the company. * François Graux, group Deputy General Secretary and Group General Counsel. He reports to Claire Waysand, General Secretary and interim chief executive officer of Engie. * Paulo Almirante, Executive Vice President, and Chief Operating Officer. He is also supervising Brazil, NECST (North, South and Eastern Europe Business Units), and MESCAT (Middle East, South, and Central Asia and Turkey) Business Units. Until the nomination of a new CEO, he is temporarily entrusted in a collegial manner with Judith Hartmann and Claire Waysand. * Judith Hartmann, Executive Vice President, Chief Financial Officer. She is responsible for steering publicly listed subsidiaries: supervision of GTT and coordination with Suez. She is also in charge of Corporate Social Responsibility (CSR). * Gwenaëlle Huet, Executive Vice President, in charge of the Renewable and Hydrogen Business Units France, responsible for the Global Renewable Business Line and General Manager of the North America Business Unit. * Olivier Biancarelli, Executive Vice-President, Chief Executive Officer of Tractebel, responsible for Global Business Line Customer Solutions and supervision of Engie Impact. * Franck Bruel, Executive Vice President, supervising UK, LATAM (Latin America) and NORAM (US, Canada) Business Units. * Ana Busto, Executive Vice President, Brand & Communication. * Pierre Chareyre, Executive Vice President, supervising GEM (Global Energy Management), Generation Europe, B2C France, and Benelux Business Units. He is responsible for the Thermal Global Business Line. * Pierre Deheunynck, Executive Vice President, in charge of Group Human Resources, Transformation, Corporate, Global Business Support, Global Care, and Real Estate. * Didier Holleaux, Executive Vice President, supervising Elengy, GRDF, GRTgaz, Storengy, China, and APAC (Asia Pacific) Business Units. He is also supervising the Gas & Power Networks Global Business Line. * Shankar Krishnamoorthy, Executive Vice President in charge of Strategy & Innovation, Industrial Development, Research & Technology, and Procurement. He is also supervising the Africa Business Unit. * Yves Le Gélard, Executive Vice President, Chief Digital Officer, in charge of Group Information Systems. * Wilfrid Petrie, Executive Vice President, CEO France B2B and supervising France Réseaux Business Unit. Engie is administered by a board of directors of 13 members: * 6 appointed by the shareholders' General Assembly: Bankole Cardoso ,
Fabrice Brégier Fabrice Brégier (born 16 July 1961) is a French business executive. He was appointed president and chief operating officer of Airbus on 1 January 2017. He is on the executive committee of Airbus, which operates Airbus Commercial Aircraft, Air ...
, Françoise Malrieu, Ross McInnes, Marie-José Nadeau and Lord Ricketts of Shortlands * 1 representing the French State, appointed by ministerial order: Isabelle Bui * 2 appointed by the shareholders assembly upon proposal of the French State: Patrice Durand and Mari-Noëlle Jégo-Laveissière * 3 representing the employees: Christophe Agogué, Alain Beullier, and Philippe Lepage * 1 representing the employee shareholders: Christophe Aubert The board is backed by the recommendations of four specialized committees (audit; appointments and compensations; ethics, environment and sustainable development; strategy, investment, and technology).


See also

* European Distributed Energy Partnership


References


External links

{{DEFAULTSORT:Engie Natural gas pipeline companies Natural gas companies of France Renewable resource companies established in 2008 Energy companies established in 2008 Electric power companies of France 2008 establishments in France CAC 40 Conglomerate companies of France Multinational companies headquartered in France French brands Government-owned companies of France Companies listed on Euronext Paris French companies established in 2008