New organisational structure for a simpler ENGIE to go live on 1 July Creation of EQUANS, leader in multi-technical services
Holding
In line with the planned timetable, the new organisational structure will be effective 1 July 2021 and will bring:
– Greater simplicity in the way the Group is managed,
– Better operational performance with increased focus on core businesses,
– More efficiency through pooling the support functions.
The new structure comprises:
– 4 Global Business Units (GBUs): Renewables, Energy Solutions, Networks, Thermal & Supply.
These four GBUs, which reflect the Group’s core businesses, will have accountability for their
respective financial performance.
– a geographical platform structured with regional hubs for pooling the support functions,
coordinating the entities at country level, that will be in charge of managing Group’s local
stakeholders and leveraging synergies across activities.
EQUANS will now operate as an autonomous entity within ENGIE, managed by its CEO Jérôme Stubler
and his management team. With 74,000 employees in 17 countries and an annual revenue of over €12
billion, EQUANS is a new global leader in multi-technical services, strongly positioned in growing markets.
To strengthen its presence in these markets, EQUANS has chosen a name and a brand identity that conveys all of its values and its ambition. Its signature – “Empowering Transitions” – is evidence of its employees’ commitment to their customers, and of their ability to innovate and adapt to provide them with high added-value services.
EQUANS’s aim is to be its clients’ preferred partner to help them speed-up their energy, industrial and digital transitions.
EQUANS is structured along 6 fields of expertise: Electrical, HVAC, Cooling, Mechanical, Digital & IT, Facility management.
EQUANS already holds a leading position in key European markets (France, Belgium and the UK in
particular) and is also very well ranked in the U.S. and in Latin America.
Now that EQUANS has been created, ENGIE is moving to the next phase where options for a new
shareholding structure will be explored, with a focus on creating the best environment for EQUANS’s future growth.
Catherine MacGregor, ENGIE CEO, said: “Today marks an important step forward in the implementation of
our strategic roadmap. We are very proud to announce the creation of EQUANS, an autonomous entity
within ENGIE, known in recent months under the project name “Bright”. We are on track to deliver on our simplification plan through the positioning of EQUANS as a leader in multi-technical services and
reaffirmming ENGIE as a leader in the energy transition, refocused on its growth markets and with a more industrial approach.”
Jérôme Stubler, EQUANS CEO, added: “I would like to acknowledge the incredible work which has been
accomplished during the last 6 months to create EQUANS. EQUANS is made of state-of-the-art expertise
which totally responds to the needs of our clients in delivering the Energy, Industrial and Digital transitions. This is a great moment for the 74,000 employees all over the world. I am very honored and pleased to lead this fantastic team.”
ABOUT ENGIE
ENGIE is a global reference in low-carbon energy and services. With its 97,000 employees, its customers, partners and stakeholders, the Group is committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions. Inspired by its purpose (“raison d’être”), ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its customers. Turnover in 2022: 82.6 billion Euros.
In Brazil, ENGIE, leader in 100% renewable power generation in the country, operates in generation, commercialization and transmission of electric power, gas transport and energy solutions. The Company
has in the country an installed capacity of 12,5 GW, originated from renewable sources and with low GHG emissions, such as hydro, solar and biomass power plants, and windfarms.
With the acquisition of Transportadora Associada de Gás – TAG, ENGIE now also owns the largest natural gas transportation network in the country, at 4,500 km and transecting 10 states and 191 cities.
The Group has a complete portfolio of integrated solutions focused on reducing costs and improving the infrastructure for companies and cities, such as energy efficiency, public lighting, energy monitoring and management.
With 2,800 employees, ENGIE’s turnover in Brazil in 2023 was of R$ 11.7 billion. ENGIE trades on the B3 through its energy generation and trading company, ENGIE Brasil Energia, under the ticker EGIE3. In addition to being a B3 Novo Mercado component, the Company is one of the very few companies that have been listed in the Business Sustainability Index since its creation in 2005. In 2021, ENGIE Brasil Energia was included in the Carbon-Efficient Index (ICO2), made up of IBrX 100 companies that are most transparent in terms of GHG emissions reporting and how they are preparing for a low-carbon economy.
The company also received in May 2024 the certification Great Place to Work, a recognition which validates the continuous commitment of the company to create a positive and inclusive work environment for all.
The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and non-financial indices (DJSI World, Euronext Vigeo Eiris – Europe 120/France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).