ENGIE

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, Thermal, Supply, Nuclear, and Other segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, biomass, offshore wind, and geothermal. 

The Networks segment comprises the electricity and gas infrastructure activities and projects, including the management and development of gas and electricity transportation networks and natural gas distribution networks in and outside of Europe, natural gas underground storage in Europe, and regasification infrastructure in France and Chile. Energy Solutions encompasses the construction and management of decentralized energy networks to produce low-carbon energy and related services. 

The Thermal segment encompasses power generation activities using thermal assets; operation of power plants fueled mainly by gas or coal, as well as pump-operated storage plants; financing, construction, and operation of desalination plants, as well as the development of hydrogen production. The Supply segment engages in the sale of gas and electricity to professional, individual, and residential clients. The Nuclear segment engages in nuclear power generation activities. 

The company was formerly known as GDF SUEZ S.A. and changed its name to ENGIE SA in April 2015. The company was founded in 1880 and is headquartered in Courbevoie, France.

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. Suez was 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 1822 founded Algemeene Nederlandsche Maatschappij ter begunstiging van de volksvlijt by King William I of the Netherlands. 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 Lyonnaise des Eaux.

Gaz de France was created in 1946 along with its sister company Électricité de France by the French Government. After the liberalisation of Europe's energy markets, Gaz de France also entered into the electricity sector, having developed combined natural gas-electricity offerings. The company's capital was partially floated on the Paris Stock Exchange in July 2005, raising €2.5 billion for the French Government.

On 25 February 2006, French Prime minister Dominique de Villepin announced the merger of water supply and treatment, waste management and energy company Suez and power firm Gaz de France, with the aim of creating the world's largest liquefied natural gas 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 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 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 Gaullists and trade unions. 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, but in the end, these were not used. Law No. 2006-1537 of 7 December 2006 on the energy sector authorised the privatisation of Gaz de France. On 3 September 2007, Gaz de France and Suez announced agreed terms of the 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: 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 which exercised its right of first refusal, blocking a previous agreement to sell the stake to Électricité de France. Suez, meanwhile, was forced to reduce its shareholding in natural gas distributor Fluxys and sell its Belgian gas supply subsidiary Distrigas to Eni.

The newly created GDF Suez came into existence on 22 July 2008; the world's second-largest utility 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, in which GDF Suez retains a stake.

In 1975, Ruhrgas and Gaz de France concluded a deal according to which they agreed not to sell gas in each other's home market. The deal was abandoned in 2005. In July 2009, the European Commission fined GDF Suez and E.ON €553 million both over arrangements on the MEGAL pipeline. It was the second biggest fine 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/BusinessWeek 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 and Turkey, with International Power. The acquisition created the world's biggest independent power producer, and the enlarged company retained International Power's listing on the London Stock Exchange 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 initiative within the framework of the Union for the Mediterranean. The project, planned in North Africa, aims to promote and develop a Euro-Mediterranean electricity network of 20GW installed generating capacity, with 5GW being devoted to 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 was completed in July 2012. GDF Suez was advised by Rothschild and Ondra Partners, while Barclays, Morgan Stanley and Nomura advised International Power. On 9 August 2013, GDF Suez, through its Energy Services business line, announced the purchase of Balfour Beatty'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 giving the new business a substantial platform in the operation of PFI assets in the UK.

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.

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, Brazil's largest natural gas transmission system owner, for €7.7 billion.

It is the largest acquisition since International Power in 2010. The operation allows Engie to develop its strategic axis of energy infrastructure as well as 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 her chief executive officer position. In 2021, Engie was ranked fiftieth in the Arctic Environmental Responsibility Index which covers 120 oil, gas, and mining companies involved in resource extraction north of the Arctic Circle.

“Deliver life-changing, affordable, reliable, and sustainable energy solutions with exceptional customer experience.”

“Improve the quality of life and economic potential of grid-deficient communities. Be a leading decentralized energy company that impacts 20 million lives by 2025.”