ENGIE (EPA:ENGI) - New organisational structure for a simpler ENGIE to go live on 1 July Creation of EQUANS, leader in multi-technical services

Transparency directive : regulatory news

30/06/2021 14:30

Press release
30 June 2021

New organisational structure for a simpler ENGIE to go live on 1 July
Creation of EQUANS, leader in multi-technical services

Featuring four Global Business Units and newly-created EQUANS, a leader in
delivering multi- technical services, ENGIE's new organisational structure is
now established. On 18 May 2021, ENGIE's Chief Executive Officer Catherine
MacGregor unveiled the Group's strategic roadmap, to reaffirm ENGIE as a leader
in the energy transition.

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 EUR12 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

We are a leading world group that provides low-carbon energy and services. With
our 170,000 employees, our clients, our partners and our stakeholders, we
strive every day to act to accelerate the transition towards a carbon-neutral
economy, through reduced energy consumption and more environmentally friendly
solutions. Guided by our purpose statement, we reconcile economic performance
with a positive impact on people and the planet, using our expertise in our key
business areas (gas, renewable energies, services) to provide competitive to
our clients. Turnover in 2020: 55.8 billion Euros. Listed on the Paris and
Brussels stock exchanges (ENGI), the Group is represented in the main financial
indices (CAC 40, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe)
and extra-financial indices (DJSI World, DJSI Europe, Euronext Vigeo Eiris -
Eurozone 120 / Europe 120 / France 20, MSCI EMU ESG, MSCI Europe ESG, Euro
Stoxx 50 ESG, Stoxx Europe 600 ESG, and Stoxx Global 1800 ESG).

ENGIE Group press contact:
Tel. France: +33 (0)1 44 22 24 35
Email: engiepress@engie.com

Investor relations contact:
Tel. +33 (0)1 44 22 66 29
Email: ir@engie.com

ENGIE CORPORATE HEADQUARTERS
Tour T1 - 1 place Samuel de Champlain - Faubourg de l'Arche - 92930 Paris La
Défense cedex - France engie.com
ENGIE - French limited liability company with capital of 2,435,285,011 - listed
on the NANTERRE register of trades and companies under number 542 107 651
- Tel.: +33 (0)1 44 22 00 00

engie.com

EQUANS

World leader in technical services

Design and deliver customised services to optimise the efficiency of our
customers' technical equipment and processes

KEY FIGURES

More than 74,000 highly qualified employees

Offices in 17 countries

6 fields of specialised expertise

Historical local brands, over 200 years

EXPERTISES
6 specialised activities

* HVAC
* Cooling
* Facility Management
* Digital & ICT
* Electrical
* Mechanical & Robotics

Objective
TO BE N°1 IN OPERATIONAL PERFORMANCE

Management Team

Jérôme STUBLER
EVP ENGIE and CEO EQUANS

Bruno CHARRADE
Managing Director Americas-Australia (AMAUS)

Richard DUJARDIN
Managing Director Central & Western Europe

Mark DIRCKX
Managing Director Belgium and Luxembourg

Pierre HARDOUIN
Managing Director France

Nicola LOVETT
Managing Director UK

Olivier HEROUT
Chief HR Officer

Etienne JACOLIN
Chief Financial Officer

Thomas JUNG
Chief Operational Excellence Officer

RENEWABLES

Generating clean power

KEY FIGURES

More than 4,000 employees worldwide
EUR1.1bn Current operating income in 2020
31 GW @100%
2nd in the US, Europe and Latin America for corporate PPAs

DEVELOPMENT AND OPERATIONS OF RENEWABLE PROJECTS

EXPERTISE

Conception, construction, operations:
* Solar
* Onshore wind
* Offshore wind
* Hydroelectricity
* Geothermal

KEY OBJECTIVES

* Reach a portfolio of 50 GW by 2025
* Reduce the levelised cost of energy (LCOE) by 2% to 4%

ENERGY MANAGEMENT

EXPERTISE

In connexion with GEM:
* Corporate PPAs
* Risk management

2019-2020

N°2 in the US, Europe and Latin America for corporate PPAs

Management Team

Paulo ALMIRANTE
SEVP Renewables, Energy Management and Nuclear

Mauricio BÄHR
Managing Director South America and Country Manager Brazil

David CARROLL
Managing Director North America

Mohamed HOOSEN
Managing Director AMEA and Country Manager South Africa

Sergio VAL
Managing Director Europe and Group Deputy CFO, in charge of M&A

Delphine CHEREL-SPARHAM
Chief Business Development & Projects Officer

Sylvie CRÉDOT
Chief Legal Officer

Pierre GUIOLLOT
Chief Finance & Strategy Officer

Étienne JACQUES
Chief HR, Communication & CSR Officer

Henk VANDENBERGHE
Chief Operational Performance Officer

Also reporting to Paulo Almirante, outside the Renewables GBU: Edouard
Neviaski, CEO of GEM and Thierry Saegeman, CEO of Nuclear and CEO of
Electrabel

RENEWABLES
includes the following entities
France Renouvelables, ENGIE Solar, Ocean Winds, Europe Renewables, North
America Renewables, South America Renewables, AMEA Renewables.

ENERGY SOLUTIONS

Develop low carbon distributed energy infrastructures

More than 35,000 employees worldwide

24 GW @100%

5 Mt CO2eq /year avoided by our customers

1st Cooling networks worldwide

3rd Heating networks worldwide

1st On-site utilities Europe

DISTRIBUTED INFRASTRUCTURES

EXPERTISE
* Heating and cooling networks
* Distributed infrastructures: solar and utilities (electricity and heat)
* Low-carbon mobility: electric, biogas, hydrogen
* Low-carbon cities and public lighting
* Greening of the energy mix

KEY OBJECTIVE
32 GW @100% of distributed infrastructures by 2025

ASSOCIATED ENERGY SERVICES

EXPERTISE
* Decarbonization road map
* Energy transition engineering
* Energy efficiency

KEY OBJECTIVE
Reduction of CO2emissions: 8 Mt of emissions avoided per year by 2030

Management Team

Cécile PREVIEU
EVP Energy Solutions

Anne-Laure DE CHAMMARD
Managing Director International

Mathias LELIEVRE
CEO of ENGIE IMPACT

Yann ROLLAND
Managing Director Cities & Communities France

Damien TEROUANNE
Managing Director Industry, Tertiary & Proximity France

Philippe VAN TROEYE
CEO of Tractebel

Caroline ADAM-PLANCHON
Chief Legal & CSR Officer

Pierre CHEYRON
Chief Business Development, Marketing & Client Officer

Olivier JACQUIER
Chief Finance, Strategy, Performance & Digital Officer

Paola VEZZARO
Chief HR & HS Officer and CHRO BU NECST

ENERGY SOLUTIONS
includes the following entities
Energy Solutions France Cities & Communities, Energy Solutions France Industry,
Tertiary & Proximity, Energy Solutions International, Tractebel, ENGIE Impact,
Siradel, ENDEL, EVBOX, Connect (joint-venture EQUANS)

NETWORKS

Delivering affordable energy for customers

KEY FIGURES

More than 22,000 employees worldwide

EUR2.1bn Current operating income in 2020

1st
gas transmission in France and Brazil

1st gas distribution in Europe

1st gas storage in Europe

2nd LNG terminal operator in Europe

237,000 km of distribution networks worldwide

4,000 km of electricity transmission networks and 3,000 km under construction

Management Team

Édouard SAUVAGE
EVP Networks

Camille BONENFANT- JEANNENEY
Chief Executive Officer of Storengy

Laurence POIRIER-DIETZ
Chief Executive Officer of GRDF

Sandra ROCHE VU QUANG
Chief Executive Officer of Elengy

Éric STAB
Managing Director Europe & AMEA, Chief Operational Efficiency Officer, Country
Manager Romania & CEO BU NECST ad interim

Thierry TROUVÉ
Chief Executive Officer of GRTgaz

Delphine BERG
Chief Legal Officer

André CANGUÇÙ
Managing Director Americas

Raphaëlle CASTILLON
Chief Finance, Strategy & BDO Officer Networks and Chief Financial Officer
Storengy

Sophie QUARRÉ DE VERNEUIL
Chief HR & Communication Officer

INFRASTRUCTURES
includes the following entities
GRDF, GRTgaz, Elengy, Storengy, TAG, TEN, EBE, Distrigaz Sud Retele, ENGIE
Mexico, EEC, GNLM, EEP

THERMAL & SUPPLY

Provide flexible, affordable electricity production to support the development
of renewable energy

KEY FIGURES

More than 15,000 employees worldwide

64 GW of production capacity @100%

68 Mt of CO2 emissions per year for energy production (including Energy
Solutions)

21 M of B2C contracts in five main countries

EUR1.4bn Current operating income in 2020

THERMAL

EXPERTISE
* Electricity production from gas
* Electricity storage
* Water desalination

KEY OBJECTIVES
* >90% fleet availability
* Coal exit by 2025 in Europe and by 2027 worldwide

HYDROGEN

EXPERTISE
* Coordination of hydrogen-related activities at ENGIE
* Large-scale production of renewable hydrogen

KEY OBJECTIVE
Production capacities of renewable hydrogen of 0.6 GW by 2025 and 4 GW by 2030

ENERGY SUPPLY TO B2C CUSTOMERS

EXPERTISE
* Gas and electricity sales
* Energy services
* Energy access

KEY OBJECTIVES
* Portfolio growth, mainly in power
* Reduction of CO2 emissions: -34% between 2017 and 2030 (including B2B)

Management Team

Sébastien ARBOLA
EVP Thermal Generation, Hydrogen and Energy Supply

Axel LEVÊQUE
Managing Director Thermal Americas, Country Manager Chile & Argentina & CEO
EECL

Frédéric CLAUX
Managing Director Thermal AMEA and Country Manager Middle East and Pakistan

Cédric OSTERRIETH
Managing Director Thermal Europe

Hervé-Matthieu RICOUR
Managing Director Global BtoC Supply

Michèle AZALBERT
Managing Director Green Hydrogen

Gillian-Alexandre HUART
Managing Director ENGIE Energy Access

Rosemarie BISSELING
Chief HR & Communication Officer Thermal & Supply and HR Vice President AMEA

Laurence BORIE-BANCEL
Chief Operational Support Officer

Julien POCHET
Chief Legal Officer

Céline REGNAULT
Chief Digital & Data Officer Thermal & Supply and Customer Experience Director
for France BtoC

Valérie RUIZ DOMINGO
Group Hydrogen Vice President

Mireille VAN STAEYEN
Chief Financial Officer

THERMAL & SUPPLY
includes the following entities
BtoC France, Generation Europe, Hydrogen, Energy Access, B2C Supply outside
France, Thermal AMEA, Thermal Americas

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02/05/2024 08:02

ENGIE (EPA:ENGI) - New organisational structure for a simpler ENGIE to go live on 1 July Creation of EQUANS, leader in multi-technical services

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