Engie SA ENGI

Overview

ENGIE SA, formerly known as GDF SUEZ S.A., is a global leader in the energy sector, focusing on power, natural gas, and a wide array of energy services. Founded in 1880, the company has its headquarters in Courbevoie, France, and has undergone significant transformations to align with the evolving energy landscape. By operating through diverse segments such as Renewables, Networks, Energy Solutions, Thermal, Supply, Nuclear, and Others, ENGIE SA demonstrates a broad commitment to sustainable energy generation, infrastructure development, and energy management solutions. The company's strategic pivot towards renewable energy and low-carbon solutions is reflective of its mission to contribute positively to the global challenge of achieving more sustainable and efficient energy systems.

Products and Services

• Renewables

  ENGIE's Renewables segment focuses on the financing, construction, operation, and maintenance of renewable energy facilities. These facilities harness a variety of energy sources, including hydroelectric, onshore wind, photovoltaic solar, biomass, offshore wind, and geothermal power. This segment highlights ENGIE's commitment to sustainable energy generation and its contribution to the global transition to renewable energy sources.

• Networks

  Within the Networks segment, ENGIE manages and develops gas and electricity transportation networks, as well as natural gas distribution networks both in and outside of Europe. This includes natural gas underground storage in Europe and regasification infrastructure in France and Chile. It underlines the company's critical role in ensuring the reliability and efficiency of gas and electricity distribution across various regions.

• Energy Solutions

  The Energy Solutions segment encompasses the construction and management of decentralized energy networks that produce low-carbon energy, as well as the provision of related services. ENGIE's concentrated efforts in this area demonstrate its focus on innovative solutions to meet the changing energy demands of its customers, emphasizing sustainability and efficiency.

• Thermal

  This segment entails power generation activities using thermal assets, the operation of power plants primarily fueled by gas or coal, pump-operated storage plants, as well as the financing, construction, and operation of desalination plants. The development of hydrogen production is also a part of this segment, pointing towards ENGIE's involvement in exploring and implementing alternative and transitional energy solutions.

• Supply

  The Supply segment focuses on the sale of gas and electricity to a broad spectrum of clients, ranging from professional to individual and residential. By providing diverse supply options, ENGIE caters to the varying needs and preferences of its customer base, ensuring accessibility to energy solutions across different market segments.

• Nuclear

  In the Nuclear segment, ENGIE engages in nuclear power generation activities, showcasing the company's diverse energy generation portfolio. This segment reflects ENGIE's capacity to manage complex and high-capacity energy production systems, contributing significantly to the energy mix in regions where nuclear power is a pivotal component of the energy strategy.

• Others

  The Others segment includes the sale of energy to companies and the offering of energy management services and solutions. This diverse segment captures the breadth of ENGIE's capabilities in providing customized energy strategies, management services, and solutions designed to optimize energy consumption and efficiency for businesses across the globe.