catherine macgregor engie bio

I was wondering whether you could just remind us where youre still using coal in district heating and what the options are there, whether youre planning on investing and converting those units to cleaner fuels? These negative effects were partially offset by the positive GFOM ruling in Brazil of approximately 165 million. Excluding the scope out effect of SUEZ in the fourth quarter, the second half performance in 2020 was similar to previous year. Energy Solutions: we won major contracts in district heating and cooling networks but also in #greenmobility, notably with 5600 charging points for electric vehicles in Belgium #beyou #beunique #beunited ENGIE Africa So Paulo, Ccile, Edouard and Sbastien will be obviously leading this organization effort, which I very, very much look forward to, indeed, seeing simplified over the coming months. Do you have a vision about taking this proportion of minorities down for the group? And what is your philosophy there? Her main mission was to prepare for the spin-off and IPO of this entity, with energy transition at the heart of the strategy. Her professional and personal skills will be essential assets in accelerating ENGIEs transformation. and other data for a number of reasons, such as keeping FT Sites reliable and secure, Pour les articles homonymes, voir MacGregor. We reshaped the portfolio by investing 7.7 billion CapEx and by disposing of 4.2 billion of assets. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. Aged 48 and a graduate of cole Centrale Paris, Catherine MacGregor began her career at Schlumberger in 1995, where she spent 23 years in important positions on all continents. And how quickly do you think it can actually contribute to your earnings, please? Judith, you want to start with the EVBox question? The current total coupon of 100 million per year has been reduced by 28% since 2017. On the 100 million, quite frankly, there isnt any unusuals that you should assume. Turning to an update on the strategic review of part of our Client Solutions business that was launched in the second half of last year. Thats what Id like to understand because we need to consider whats the dilution of as well the midterm period, not only 2021. Its not like a 2020 event. Overall, we have 100 cooling networks with a total installed capacity of 6.1 gigawatts and 300 heating networks of various sizes that distribute 19 terawatt hours yearly. We will now take our next question from Peter Bisztyga with Bank of America. I just wanted to remind that given of the absence of the LTO that there is the amortization is now happening quicker. Yes. French energy group Engie's ENGIE.PA board is set to appoint Catherine MacGregor, a top executive at Franco-American oil services firm TechnipFMC FTI.N as CEO, eight months after the ouster of Isabelle Kocher, a source familiar with the situation told Reuters. We announced last December that EVBox would be listed on the New York Stock Exchange. Therefore our industry is [], ENGIE steps up its energy transition, targets renewables, MacGregor to supply RoRo equipment for K Lines LNG-powered newbuilds, Equinor and Engie press ahead with H2BE hydrogen project in Belgium, Engie names Catherine MacGregor as new CEO, MacGregor to supply all-electric RoRo equipment to H-Lines PCTCs, MacGregor to equip 4 more Hegh Autoliners multi-fuel PCTCs, In focus: Investments in oil, offshore wind hit a snag. And yes, let me start by saying also welcome and wishing you success in the new role. In green mobility, were a leading global provider of smart charging solutions for electric vehicles through EVBox, a start-up we acquired in 2017. So you say the inflection on the strategy last summer, ENGIE already has started pretty fast on that as you flagged. We do think that we have quite a specific signature within ENGIE, and we do like our gas assets. Euro erzielen. We are also expecting a year-on-year accretion resulting from the partial disposal of SUEZ and EVBox, which contributed negatively in 2020. Our environment is changing. Catherine MacGREGOR - Les Rencontres conomiques Catherine will then come back and share our priorities. Precisamos de 20.000 apoios para que a ideia se transforme em lei. Catherine Macgregor, Engie SA: Profile and Biography - Bloomberg Markets Bloomberg TV+ Bloomberg Markets European Close Bloomberg Markets European Close. As always, my team and I are here to assist you, so do please reach out. Its going to take us some time. One was the CapEx. Now that makes me and that makes the team, obviously, extremely motivated and optimistic that we are going to get the benefit from these tailwinds because, as a team, we are extremely focused in making sure that we do outperform, and outperform our peers, outperform the market. I think the team has done, so far, a really nice job. Learn more in our Cookie Policy. We see a huge potential for hydrogen, and we are already making significant progress in biomethane. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Obviously, you did signal that youd be ramping up CapEx. So if you add those two effects together, you go from 150 million positive to roughly 160 million positive in 2021. Hosted by His Excellency Ilham Aliyev, President of the Republic of Azerbaijan, my dear friend His Excellency Parviz Shahbazov, Minister of Energy of the Republic of Azerbaijan, and Kadri Simson, EU Commissioner for Energy, this is an important forum for advancing Europes #cleanenergy ambitions. Published on 2 October 2020 at 12:48pm EST on Uk.Reuters. We have a very nice digital platform to help us manage our assets better. Its coal exits. This was mainly due to impairments, especially related to our nuclear reactors. So can you be a little bit more specific about where the extra CapEx is being spent this year and how youve been able to ramp it up so quickly? And Im going to pass it on to Judith now for the COI details on Renewables. I would love to hear from you. Delivering on decarbonization while ensuring reliability and affordability can only be achieved through a combination of centralized and decentralized solution and with a mix of energy sources. personalising content and ads, providing social media features and to cookies So the what is happening here in France on biomethane is actually quite real, and so we are now looking at potentially having sufficient volume to fully displace what will be needed in gas at the 2050 horizon. In the summer of 2019, she chose to pursue her career in the energy industry by joining the Executive Committee of the TechnipFMC Group to lead its onshore and offshore engineering and construction activities, Technip Energies. Our group remains committed to Belgium and to contributing to the countrys security of supply. Hopefully you can also take this into account? We invested 4 billion of growth CapEx and successfully commissioned 3 gigawatt of wind and solar assets. So Id be very interested to reflect to hear your first thought after you have looked at the market for gas. university We are a media company, specifically facilitating the maritime and offshore industry. Catherine MacGregor joined the ENGIE group on 1 January 2021 as Chief Executive Officer. The first is on the Supply business. You certainly have a lot of people out here who want you to be very successful. It is such an exciting time to have joined ENGIE, exciting time for the group and for the energy industry as a whole. The 3 gigawatt that we commissioned last year is in our key growth market for renewables, namely the U.S., Europe and Latin America. You may change or cancel your subscription or trial at any time online. You mentioned that you would also phase out coal in district heating. And thank you, Catherine, too, for your answer, which I think we all appreciate, and we wish you with that, just final comment from my side, then Ill turn it over. This was partially offset by capital gains, the main one being 1.7 billion due to the sale of the 29.9% shareholding in SUEZ. Engie's new CEO sets out with the goal of simplifying the energy group So there will be a capital gain on this. A quick word on the agenda for this morning. So maybe I will start with your last question, which is around the decision on nuclear. We currently have leadership positions in all of these activities, and recent successes include a 30-year contract signed in Monaco to design, build, own and operate a seawater heating and cooling network that will enhance energy efficiency. Good luck with the new role, Catherine. And then just another one on guidance. Vocs conseguem nos apoiar? Find here the list of all the sessions presented by this speaker in order not to miss any of it. I think these are really, really good questions. Thats really clear. And maybe more importantly, where do you see subsidiary in five years and what it could contribute to your P&L considering the potential growth of these assets? Now that doesnt mean that we should not have discipline. Operationally in 2020, the group continuously evolved processes to tackle COVID, and we maintained high health and safety standards for both occupational and process safety. In Nuclear, we expect contribution to increase as volumes should be higher, thanks to better availability. But in short, we have big ambition, but we will be disciplined. This included 4 billion of growth CapEx, almost exclusively in our areas of strategic growth with approximately 40% in renewables, 40% in networks, and 15% in asset-based Client Solutions. We expect to invest between 5.5 billion and 6 billion in growth CapEx with over 90% allocated to our strategic priorities. Un article de Wikipdia, l'encyclopdie libre. We also posted higher financial costs. That will put pressure on Ms MacGregor to make her mark . One is, of course, to participate in the future growth that we are projecting for this company; and second, of course, the close link into this space, which is a very important space for us. ENGIE announces that Catherine MacGregor took up her post as Chief Executive Officer of the Group on 1 January 2021. The first one regarding the network convergence. Yes, two topics that you were talking about, Peter. ENGIE SA (ENGIY) CEO Catherine MacGregor on Full Year - SeekingAlpha So lots of enthusiasm around renewable. And its hard to know theres obviously been some pretty big changes in competitive dynamics over the last couple of years. And we will now take a last question from Louis Boujard with ODDO. Employee consultation on the proposed organization design started this month as planned, and we expect it to conclude by the end of the second quarter. We have 101 gigawatt of gross power generation capacity, of which around 30% from renewables. Ocean Winds to rival Orsted as Engie and EDPR unveil new offshore giant, Only female CEO of a major European utility sacked by board. And that will be something that we will be describing a bit more in details in May. Her main mission was to prepare for the spin-off and IPO of Technip Energies, for which she put the energy transition at the heart of the strategy.

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