Engie SA Company Profile
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COMPANY INFORMATION |
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Company Legal Name |
Engie SA |
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Establishment |
2008 |
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Industry |
Electric Utility |
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Geographical Presence |
Worldwide |
Based in France, Engie SA operates as a multi-national electric utility company that is engaged in the provision of electricity, natural gas, and energy-related services. It offers thermal energy, hydropower, solar energy, onshore and offshore wind power, facility management, and heat generation services.
The company serves the sectors of energy, energy efficiency, liquefied natural gas, and digital technology.
The company was founded on April 8, 1946, and is headquartered in Paris, France.
Engie offers both upstream (engineering, purchasing, operation, maintenance) and downstream (waste management, dismantling) activities.
The company was formed in July 2008 by the merger of Gaz de France and Suez.
The company lays a special focus on offering low-carbon energy and services.
Engie SA operates its business through four segments: Client Solutions, Renewables, Thermal, and Networks. Client Solutions develops integrated solutions to support companies and local authorities in the zero-carbon transition. The networks segment conducts operations across the gas and electricity value chain (hydrogen, natural gas, and biogas)- from upstream supply to customers. The renewables segment covers both the generation and marketing of electricity from all renewable energy sources. Thermal provides generation and marketing of electricity from other energy sources, such as gas and coal. Networks comprehend Supply that combines the activities of purchases-wholesale sales and activities business-to-customers client solutions and Nuclear, dedicated to nuclear activities.
Engie's international presence spans close to 70 countries across 5 continents.
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CURRENT DATA |
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Company Revenue (2020) |
55.75 billion EUR |
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Net Income (2020) |
-1.7billion EUR |
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CEO and President of the Board |
Catherine MacGregor |
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Number of Employees (2019) |
171,000 |
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Registered Address |
1, Place Samuel de Champlain Faubourg de l'Arche, Courbevoie Paris, Ile-de-France 92400, France |
Strategies:
- In 2019, Engie spent 189million EUR on R&D activities.
- Investing in renewable assets with the ambitious target of increasing renewable energy capacity from 3 to 4 GW per year and focusing on the development of renewable energies (hydroelectricity, solar, wind, biomass, Wind Energy, Geothermal energy, Biogas/Bio methane, Green hydrogen.
- Investing in advanced technologies (offshore wind, biogas, hydrogen).
- Ramping up investment in infrastructure.
- Refocusing on client solutions.
The company generates a majority of its revenue from Europe, which accounted for 47.3 billion EUR revenue in the year 2019.
Engie SA was incorporated in the year 2008 and is headquartered in France.
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CONTACT INFORMATION |
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Phone Number |
33 1 44220000 |
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Website |
www.engie.com |