ENGIE

ENGIE SA is a French multinational electric utility headquartered in La Défense, Courbevoie, that operates across the electricity and gas value chains and related energy services. Formed in 2008 from the merger of Gaz de France and Suez and rebranded as ENGIE in 2015, the Group generates and distributes electricity from a diversified mix including natural gas, nuclear, hydropower, wind, solar, biomass and geothermal sources, and is active in district energy and the petroleum industry. It combines generation with extensive infrastructure businesses in storage, transportation and distribution of energy, operating Europe’s largest natural gas distribution network and managing 194,600 km of gas pipelines in France via its GRDF subsidiary, alongside shareholdings in around 100,000 km of gas networks internationally. ENGIE complements its asset base with energy supply and energy management activities for a wide range of customers. International Supply & Energy Management, a global business unit with 3,800 employees on more than 20 platforms in Europe, the Americas and Asia-Pacific, manages one of the world’s largest and most diversified energy portfolios and provides physical supply, offtake, cross‑border trading and risk management solutions to over 200,000 clients, from producers and developers to industrials and utilities. In Europe, ENGIE is France’s leading natural gas supplier and a major provider of certified green electricity to millions of households. In North America, ENGIE North America and its ENGIE Resources retail arm supply power and renewable solutions to commercial and industrial customers in multiple US states and develop utility‑scale wind, solar and storage projects. Strategically, ENGIE positions itself as a global reference in low‑carbon energy and services, with a corporate purpose to accelerate the transition towards a carbon‑neutral economy through reduced energy consumption and more environmentally friendly solutions. The Group has committed to become Net Zero Carbon by 2045, to phase out coal, and to focus on decarbonized, decentralized and digitalized energy. It invests on the order of €10 billion per year in the energy transition, devoting about three quarters of its capital expenditure to renewable electricity and green gas, batteries and power networks, and is expanding its renewable and storage capacity from 26 GW in 2015 to a targeted 95 GW by 2030. ENGIE reports around 98,000 employees in roughly 30 countries and continues to build out energy services such as district heating and cooling networks, smart building and urban solutions, and customer‑side energy performance offerings in support of its decarbonization strategy.