GDF SUEZ rebrands as ENGIE
Move reflects the global renewable energy revolution.
GDF SUEZ has rebranded itself ENGIE to reflect the “profound change” happening in the global energy landscape.
The French utility, which oversees the largest installed power generation capacity of any multinational in the Middle East, said the energy transition had become a global movement, “characterised by decarbonisation and the development of renewable energy sources, and by reduced consumption thanks to energy efficiency and the digital revolution”.
A new corporate logo incorporating the rising sun symbolises a new day in the world of energy, it said in a statement to announce the move.
Gerard Mestrallet, chairman and CEO of ENGIE said: “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.”