ENGIE – Commercial Electricity and Gas Supplier

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Overview of the company

Engie is a major electricity generator in the UK. It owns and operates 12 Power Stations. It also trades UK power, UK gas, EU carbon and coal. ENGIE Energy UK decided to exit the UK residential energy supply market and it now supplies electricity and gas to business customers. In 2020 it signed a deal to sell its UK residential gas and electricity customer base to Octopus Energy. Under the agreement, Octopus Energy got new, 70,000 residential energy customers. ENGIE employs 17,000 people and is committed to delivering zero-carbon energy supplies to businesses and local authorities.

International structure

ENGIE Energy UK is part of the ENGIE Group. Engie SA is a French electric utility company that is based in La Défense, France. The company was formed in 2008 and it now employs around 170,000 people worldwide. Its annual revenue is estimated at €60.1 billion. The group’s goal is to speed up the transition towards a carbon-neutral world, lower energy consumption and develop environmentally-friendly energy solutions.

ENGIE has a number of subsidiaries. The overview of the main ones can be found in the table below:

SubsidiaryDescription
GrDF – Gaz réseau distribution Francea subsidiary of gas distribution
the main gas distributor in France and Europe
transports gas to customers
employs around 12000
ENGIE Cofelysubsidiary of energy efficiency and environmental services
has an annual turnover of €2,5 billion
employs 12000 people
ENGIE IT – Engie Information & TechnologiesIT subsidiary
founded in 2012
brings IT to energy transition

Products and services

ENGIE specialises in three main activities: services, business energy, and regeneration. It delivers sustainable energy and helps businesses with energy management. ENGIE provides businesses with expertise necessary to saving money on energy supplies and optimising energy consumption.

Specialists working for ENGIE have resources and experience to respond to needs of all kinds of businesses, ranging from small office premises to big industrial organisations. ENGIE analyses specific requirements of each business that uses its supplies and helps them undertake steps to meet their energy and environmental objectives.

Its regeneration services include repairs, neighbourhood refurbishment, building maintenance, creating retirement houses, and housing development. Through ameliorating people’s living and working conditions, ENGIE wants to make a positive change in its customers lives. It works in partnership with local authorities to deliver new homes and facilities around the UK.

Is ENGIE green?

Under the Fuel Mix Disclosure Regulations introduced in 2005, all electricity suppliers in the UK have to publish details of what fuels they use to generate their electricity. Based on that information customers can verify what is the supplier’s impact on the environment. The table below contains information on ENGIE’s fuel mix.

FuelENGIE Fuel MixUK Fuel Mix
Coal4%4%
Natural Gas44%39%
Nuclear5%17%
Renewable44%38%
Other3%2%

ENGIE recognises that the climate crisis is happening and it aims to lower its impact on the environment. ENGIE believes that achieving a zero carbon future is possible. Almost half of ENGIE’s supplies come from renewable sources, and the supplier encourages its customers to reduce their carbon emissions. ENGIE

ENGIE also aims to make premises of its customers and buildings where it operates zero carbon. To achieve that it invests in decarbonised, sustainable and decentralised infrastructure.

The graphic below shows ENGIE Assets in the UK. The supplier focuses on low carbon assets, including storage, and wind and solar assets.

ENGIE also helps its customers switch to Electric Vehicles (EV), and promotes responsible business that monitors carbon emissions and implements green solutions. ENGIE facilitates the installation of EV charging stations.

ENGIE Board of Directors

ENGIE is managed by the Board of Directors. ENGIE makes sure that there is a balanced representation of men and women in the Board. It also aims to promote diversity so members of the Board represent several nationalities. Below you can find the overview of who runs the company.

Directors elected by the General Shareholder’s Meeting:

  1. Jean-Pierre Clamadieu

He is the Chairman of the Board of Directors of ENGIE, and the Chairman of the Strategy, Investment and Technology Committee. Jean-Pierre Clamadieu started his career by working for the French Ministry of Industry. He became the Director and Chairman of the Board of ENGIE in May, 2018.

clamadieu

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  1. Fabrice Brégier

He is a Member of the Appointments, Compensation and Governance Committee. He used to serve as an Advisor to multiple French Ministers. Since 2018 he has been working as the Chairman of Palantir Technologies France, a company that specialises in Big Data.

bregier
  1. Françoise Malrieu

She is the Chair of the Appointments, Compensation and Governance Committee, a Member of the Audit Committee, and a Member of the Ethics, Environment and Sustainable Development Committee. She helps businesses implement practices that have a positive social impact. She used to specialise in the banking industry.

malrieu

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  1. Ross McInnes

He is the Chairman of the Ethics, Environment and Sustainable Development Committee, a Member of the Audit Committee, and a Member of the Strategy, Investment and Technology Committee. Since 2018, he has been in charge of promoting France to British companies. The task was assigned to him by the Prime Minister. Outside of ENGIE he is also the Chairman of the Board of Directors of Safran, an international high-technology group that supplies software and equipment in the fields of Aerospace and Defense.

mcinnes

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  1. Marie-José Nadeau

She is the Chair of the Audit Committee, and a Member of the Strategy, Investment and Technology Committee. She holds the title of Advocatus Emeritus that she was awarded by the Quebec Bar for her contribution to the legal profession. She also specialises in the fields of education and environment.

nadeau

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  1. Lord Ricketts of Shortlands

He is a Member of the Appointments, Compensation and Governance Committee. He was appointed a member of the House of Lords in October 2016. In the past he served as the Permanent Representative of the United Kingdom to NATO, and in 2010 he was named National Security Advisor of the United Kingdom.

ricketts

Directors elected by the General Shareholders’ Meeting on the recommendation of the French State:

  1. Patrice Durand

He is a member of the Strategy, Investment and Technology Committee. Before joining ENGIE he worked as the Deputy CEO in charge of finance and operations at the Ingenico Group. Since 2016 he has been a director of both French and International companies.

durand
  1. Mari-Noëlle Jégo-Laveissière

She is a member of the Ethics, Environment and Sustainable Development Committee. Outside ENGIE she is the Deputy CEO of the Orange Group, Chief Technology and Global Innovation Officer.

jego laveissiere

Director representing the French State, appointed by ministerial order:

  1. Isabelle Bui

She is a member of the Audit Committee, a member of the Strategy, Investment and Technology Committee, and a member of the Appointments, Compensation and Governance Committee.

Directors elected to represent employees:

  1. Christophe Agogué

He is a member of the Ethics, Environment and Sustainable Development Committee. Apart from being ENGIE’s Director, he is also an author of essays, novels, and plays.

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  1. Alain Beullier

He is a member of the Appointments, Compensation and Governance Committee. He became a Director of ENGIE in January 2009. He is sponsored by the Chemical Energy Federation – CFDT trade union.

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  1. Philippe Lepage

He is a member of the Strategy, Investment and Technology Committee. He is also a member of the French Gas Association, where he represents employees for the CGT union to the gas sectoral social dialog committee of the European Commission.

Director elected by the Shareholder’s Meeting to represent employee shareholders:

  1. Christophe Aubert

He is a member of the Audit Committee. He is sponsored by the Federation Construction Bois – CFDT trade union.

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Key financial data

In 2019 revenue of the ENGIE Group was €60,1 billion. Below you can find a breakdown of it as indicated by ENGIE’s 2020 Integrated Report.

Revenue generated in each of the regions where ENGIE operates:

  • North America – €4,5 billion
  • Latin America – €5,3 billion
  • Europe – €47,3 billion
  • Middle East – €1 billion
  • Africa – €0,2 billion
  • Asia and Oceania – €1,7 billion

The sources of the revenue can be divided into:

  • Client Solutions – €21 billion
  • Renewable Energy – €2,7 billion
  • Networks – €6,6 billion
  • Thermal – €4,0 billion
  • Other activities – €25,8 billion

In 2017 ENGIE’s revenue was €65, and a year later, in 2018, it was €57 billion. That indicates that in 2018 there was a significant drop in the company’s revenue but last year it managed to recover and increase its profit.

EBITDA was €10.4 billion in 2019, €9.7 billion in 2018, and €9.3 billion in 2017. That shows that the company’s earnings before interest, taxes, depreciation and amortization have been on the rise for the last 3 years.

Contact

mail: customerservice@engie.com

post: Engie, PO Box 30, Newcastle Upon Tyne, NE12 2FP

Websites

ENGIE UK

ENGIE Group

GrDF   

ENGIE-IT

Social Media

twitter

youtube

linkedin

facebook

Phone numbers

0800 280 8000 – General enquiries

0800 999 5080 – Customer Services Department
0333 666 0276 – Business Energy Sales Advisor Line
0800 130 3600 – Customer Service Team for small and medium sized businesses

Summary

ENGIE is an extremely influential energy company that combines supplying low carbon energy, great quality services and regeneration into a unique, green approach. Its main goal is to promote zero carbon energy and make it available for all businesses in the United Kingdom. It helps customers reduce their energy consumption and transition to environmentally-friendly energy sources. It uses innovative technologies and builds long-lasting partnerships. It supports responsible business by encouraging its clients to consider the impact their companies have on other people and the world. The company works closely with local authorities and residents making sure they are informed about ENGIE’s activities in the area. Thanks to ENGIE many homes around the UK have been repaired and turned to modern spaces where people can enjoy good living conditions. ENGIE wants to make a positive change in people’s lives and inspire them to be greener and more sustainable.