GDF Suez becomes Engie

French gas utility GDF Suez has announced that it has changed its name to Engie to reflect the group's transformation.As a global energy player, Engie operates in close to 70 countries on 5 continents. The firm currently is, among others:

• No.1 independent power producer (IPP) in the world.
• No.1 independent power producer (IPP) in the Persian Gulf countries, Brazil and Thailand.

The firms has, among others:

• 115.3 GW of installed power-production capacity.
• 10.5 GW of power-production capacity under construction.
• 19 GW of installed power-production capacity in renewable energy (16.5% of the base).
• No.1 gas distribution network in Europe

Gérard Mestrallet, Chairman and CEO of Engie declares :

“The energy transition is more than ever a reality for which we have both great ambitions and a great responsibility. To meet the new challenges of this reality and to accelerate our development, we have decided to give the Group a new name: Engie. It is an easy name and one that is powerful, a name that evokes energy for everyone and in all cultures, a name embodying our values and activities. We thus confirm our new ambition and the dynamics of change that drive our Group. This new name is an expression of our new corporate ambition whose conduct I entrusted to Isabelle Kocher, Deputy CEO and Chief Operating Officer. With a presence in 70 countries throughout the world and across every energy source, ENGIE aspires more than ever to be the benchmark energy player in fast growing markets and the energy transition leader in Europe.”

Valérie Bernis, Executive Vice President in charge of Communications, Marketing and Environmental and Corporate Responsibility, commented:

“This new name and new logo and the campaign to launch this new identity are messengers of a positive, optimistic and forward-looking vision. The name change symbolizes our Group’s transformation. Engie differentiates us in a globalized market and facilitates our customer approach, closer to the field of action. The advertising campaign highlights the changes that little by little, in small and large ways, transform our daily lives. We celebrate the momentary spark when, with newfound energy, we propel ourselves toward the future. It’s that moment we are living today with Engie.”