catherine macgregor engie bio
You have, of course, in mind, that we have committed to fund our waste provision until 2025. Obviously, you did signal that youd be ramping up CapEx. Judith, you want to start with the EVBox question? My first reaction with the bonus: Wow great ! Judith, you want to answer the second question? Because there was a time when that business was making around 600 million of COI. And so we are working really hard on these networks to find alternatives to use preferably renewables, things like biomass for example. So in general, we have 31-gigawatt portfolio. ENGIE SA (OTCPK:ENGIY) Full Year 2020 Earnings Conference Call February 26, 2021 4:00 AM ET, Aarti Singhal Director of Investor Relations, Catherine MacGregor Chief Executive Officer, Judith Hartmann Chief Financial Officer. Hopefully you can also take this into account? A key part of that strategy is its Ocean Winds joint venture with EDPR, which has set out its stall as a global leader in offshore wind. We also increased the share of renewables in our portfolio to 31%, and I will cover this in more details shortly. We also rapidly launched strategic reviews of businesses, including part of Client Solutions, GTT and ENGIE EPS. Its coal exits. Selbst im Worst-Case-Szenario komme Engie dann auf eine Bewertung mit einem KGV von rund 10. Since 2007, she held multiple senior management including global positions as Group HR Director or head of strategic activities for the company. We use And if you look at what we announced on January 14 is indeed a smaller executive team, less members. For a full comparison of Standard and Premium Digital, click here. This really has two reasons. In addition to EVBox, we expect to execute disposals of around 2 billion, aligned with the group simplification. Engie which is 24%-owned by the French government was formerly the gas monopoly operator known as GDF. And the second one, if I may ask, around Client Solutions. Its, quite frankly, one of the big wins, I think, of last year when you think about it because both operationally to take this company to a level and multiply by almost 10 times their revenue over the last two years. En 2020, elle est pressentie pour diriger Technip Energies, une socit en cours de cration base Paris d'environ 12000personnes issue de la scission de TechnipFMC en deux entits spares. And I think the way I want to say this is I think we know the broad plan now for the business, but I think its also important to look back at the last 5 years and understand why essentially the investment thesis has not delivered so far for shareholders. Thank you for giving us our voices back with the amazing Diversity, Equity and Inclusion policies at ENGIE . Were very pleased. But what is the tax rate thats assumed in the guidance and what DBpSO has assumed? The key here is really to give that business its own industrial project, its own identity. Laut Konzernchefin Catherine MacGregor werde man im laufenden Geschftsjahr 2023 einen Gewinn zwischen 3,4 und 4 Mrd. So there will be a capital gain on this. In addition to this strong organic growth, we also added 2 gigawatts through acquisition of operating assets. And on these assets, if you assume the five remaining years until 2025, its about 150 million of impact a year positive. #economics #business #culture, Chief Executive Officer at Masdar (Abu Dhabi Future Energy Company). This growth will be partly offset by a lower benefit from the GFOM ruling in Brazil and by the assumed FX deterioration. [1] She started her career on stage in New York City, in theatres off and on Broadway, credited as Scottie MacGregor . An example of the latter is the continued rollout of smart meters, where we installed an additional two million smart meters in France last year. A cycle, of course, could be 3, 4, 5 years depending on the country. How quickly can that new CapEx sort of translate into earnings? We continued to put in place dedicated action plans, including OpEx reductions and G&A resizing. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. ENGIE announces that Catherine MacGregor took up her post as Chief Executive Officer of the Group on 1 January 2021. 2020 was really a milestone year for ENGIE in the U.S. with nearly 2 gigawatts of this new capacity commissioned across four states, taking our total installed renewable generation there to over 3 gigawatts. I have proper control over all inventory department with the skill of my Minimum and Maximum stock levels, Gerente Industrial | Gesto de Operaes e Servios | Supply Chain | Engenheiro de Produo | leo e Gs | Suporte Tcnico | Produo | Gesto da Qualidade, Pessoal, eu criei esta Proposta de Ideia Legislativa no Senado Federal que se transformada em lei criar as Poltica Nacional de Incluso das Pessoas 50+. Let me know below So its a little bit of a total team, but we at this stage, that decision from the government hasnt been explicit. You can read more about how we handle your information in our privacy policy. I have only started to get to know them, and Im already extremely impressed by their engagement, their professionalism and their talent. Tout au long de cette priode, les quipes d'Elengy, Storengy - ENGIE, GRTgaz, GRDF Catherine Fiamma MacGregor on LinkedIn: nergie : la consommation de gaz a baiss de 6,2% en France en . Siga o link abaixo e deixe seu apoio a esta poltica de incluso necessria ao nosso pas. De mme pour Angeles Garcia Poveda, prsidente du conseil d'administration de Legrand et Barbara Dalibard, prsidente du conseil de surveillance de Michelin. So yes, Thermal is a good fleet for us, good asset. directrice gnrale d'un groupe industriel nergtique; 25 ans de services, Vincent Collen, David Barroux et Julie Chauveau, , Dcret du 31 dcembre 2020 portant promotion et nomination dans l'ordre national de la Lgion d'honneur, https://fr.wikipedia.org/w/index.php?title=Catherine_MacGregor&oldid=201657000, Portail:Biographie/Articles lis/Sciences, Portail:Biographie/Articles lis/Entreprises, licence Creative Commons attribution, partage dans les mmes conditions, comment citer les auteurs et mentionner la licence. Live from New York and. Net recurring income group share was within the guidance range, and Judith will cover financial performance in more detail shortly. And importantly, we reaffirm our dividend policy, which relies on a 65% to 75% payout ratio on the basis of net recurring income group share. And so the amount will be much lower than what you have seen in 2020. 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. I think, as you pointed out, theres been a little bit of a race to gigawatts. Her professional and personal skills will be essential assets in accelerating ENGIEs transformation. Now the other aspect, of course, is that we are obviously and we have not talked too much about it yet, but the hydrogen opportunity for us is very, very material. Firstly, Id like to share everyones sentiments in wishing Catherine well in her role. So when you will reinvest? Overall, the average cost of gross debt was 2.38%, down 32 basis points compared with December 2019. Elle travaille pendant 23 ans chez Schlumberger. 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. Compare Standard and Premium Digital here. Ms MacGregor, an engineer by training who was born and raised in Morocco, will start in the CEO job on 1 January 2021, taking over a company that has been roiled over the past few years by a. To Engie in my case. organisation The commitment and mobilization of all our teams at ENGIE is truly exceptional and it is an honor to be a part of such a dedicated and forward-thinking organization! Thats what Id like to understand because we need to consider whats the dilution of as well the midterm period, not only 2021. And when we reflect about some of the trends around electrification, around the growth in renewables, we realize that flexibility, dispatchability are going to be very important to the future of the energetic mix. Euro erzielen. Premium access for businesses and educational institutions. I look forward to continuing to work closely with our brothers in Azerbaijan, and our partners across Europe and around the world, to deliver on our shared clean energy ambitions. 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. European utility giant Engie named oil & gas industry veteran Catherine MacGregor as its new CEO with a remit to lead the French groups ambitious renewables and energy transition plans. You can still enjoy your subscription until the end of your current billing period. And so from a financial impact standpoint, unlikely to be a 2021 story. We use These projects could participate in the Belgium capacity remuneration market auctions in the second half of this year once approved by the European authorities. Chef d'Agence Filire Vente Centre Ouest chez GRDF, Thank you Catherine Fiamma MacGregor for your post that combine strategy, progress and well-balanced energy mix (#renewable #gaz #power) to confirm meaning and a consistent vision to our company, not to mention the recognition. In the past Ms. MacGregor held the position of President-Drilling Group at Schlumberger NV and Personnel Director at Oilfield Services Co. Ltd. Ms. MacGregor received an undergraduate degree from cole Centrale Paris. And weve made some moves last year, and we will continue to do that. Bereits 2025 wolle Engie wieder einen Gewinn von bis zu 4,7 Mrd. Thank you very much, Aarti, and good morning, everyone. 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 then your other question was related to the organization. Currently, we have 3 gigawatts under construction for commissioning in 2021, and we are on track to achieve the 2019 target of commissioning 9 gigawatts in three years by the end of this year. It is such an exciting time to have joined ENGIE, exciting time for the group and for the energy industry as a whole. But just one observation is a key part of success, I think, for some of your peers has been laying out quite detailed guidance over a 3-year period. What is the identity of the Thermal business? Every Friday at a quarter past 10, the fire alarm. Harnessing 35 years of expertise to power the future of Energy and Water with data-driven solutions. And lets now, indeed, look at our priorities for sustainable long-term value creation. Weve proven that over and over again in very, very recent past. In emerging markets, the importance of gas is driven not just by economic growth but also by reducing exposure to higher emitting sources such as coal. Please disable your ad-blocker and refresh. In our asset-light activities, we have a healthy order book and a project backlog of over 11 billion, offering good visibility for 2021. So first to reiterate on that, we are very pleased with our position on renewables, and we are leader in France. Problem: 40% of the hours of the month there is minimum wind and zero sun. MacGregor said: I would like to thank the board of directors for the confidence it shows in me. Catherine MacGregor, ne Catherine Fiamma le 7 aot 1972 au Maroc, est un ingnieur et chef d'entreprise de nationalit franaise. Congratulations Engie. This included 1.7 gigawatt of hydro plants in Portugal, which benefit from long-term concession arrangements. And Im going to pass it on to Judith now for the COI details on Renewables. It's inspiring to see how ENGIE's strategy for a balanced, affordable, and resilient energy mix has proven its relevance in these uncertain times. 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. We are focused on driving our ESG performance using a wide range of metrics, three of which I will discuss here. university Check if your However, we claim we have a valid solution to the above problem,, inviting large corporations like Engie and others reading this, to scrutinize our numbers and concept very carefully. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. But really appreciate, thanks again ! We have also started to adopt the existing gas transport networks by commissioning three reverse flow installations in 2020, which allow biomethane to flow from the distribution grid to the gas storage units. Indeed, we had an increase a temporary increase in 2020 to 32.5%. on average over the medium-term, while increasing the number of renewables projects retained on its balance sheet. Significant growth is also expected in the use of renewable gases to accelerate the energy transition. Ill start just to say that, I mean, youve identified, yes, two important aspects of our simplification efforts. As a leader in gas networks, we are playing a critical role in enabling an affordable and smooth energy transition, and we are promoting a progressive increase in the role of renewable gases. And then the second one, its for Catherine. In her efforts to "simplify" Engie, MacGregor is moving from 25 business units to 4 globally, and . Again, especially when it comes to replace when it replace coal. The 48-year-old MacGregor replaces Isabelle Kocher, who was ousted by the Engie board in February, ensuring that a woman maintains a place at the top table of a major European utility. They represent a key long-term growth engine for the group. And finally, we also strengthened our position in the rapidly growing market of corporate PPAs with over 1.5 gigawatts of contracts signed in 2020. We maintained a high level of liquidity with 23 billion, including 13.3 billion of cash as at the end of December 2020.