Jusqu' l'arrive de Christel Heydemann la tte d'Orange en 2022, elle est la seule femme la tte d'une entreprise du CAC 40[7]. Yes. From November 1st DN Media Group is responsible for controlling your data on Recharge. So lots of enthusiasm around renewable. 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. And if so, what quantity? Remember that for regulated activities, volume effects are recoverable in the short to medium term through the clawback mechanism and are, therefore, value neutral. This will mean a transition based on a combination of electrification and decarbonization of gas as well as on the development of flexible and resilient energy systems. Elle est ingnieur, diplme de l' cole centrale Paris, dont elle sort en 1995. In terms of geography, we have a strong hold in Europe. And to this end, Im very pleased to announce our next event on the 18th of May, where Judith and I will cover both our Q1 results and provide you with a medium-term strategic plan and guidance. Pour viter se gchis financier avec l'argent des franais Congratulations to all of our employees on the well-deserved bonus. MacGregor began her career at Schlumberger in 1995, where she spent 23 years in important positions on all continents. MacGregor is poised to become the only woman leading a company in the CAC 40France's benchmark stock indexwhen she takes the reins at the utility Engie on Jan. 1. Notre lectricit est dj propre Since 2007, she held multiple senior management including global positions as Group HR Director or head of strategic activities for the company. Stay informed and spot emerging risks and opportunities with independent global reporting, expert Hydro had a strong increase organically but was down from a growth perspective because of the FX, of course, in the Brazilian real, and wind was an increase for the obvious reasons because we have been investing quite significantly in the past few years. Warm temperatures in the first half also weighed on energy consumption, mainly in France, for B2C gas volumes. How the biggest companies plan mass lay-offs, The benefits of revealing neurodiversity in the workplace, Tim Peake: I do not see us having a problem getting to Mars, Michelle Yeoh: Finally we are being seen, Our ski trip made me question my life choices, Apocalypse then: lessons from history in tackling climate shocks, Smart data to help spot risk and opportunity, Lex, our agenda-setting business commentary (Premium only), Due Diligence, an exclusive M&A newsletter (Premium only). So for my question, the first is on the asset rotation. And then your other question was related to the organization. We also increased the share of renewables in our portfolio to 31%, and I will cover this in more details shortly. So that is roughly what you have to have in mind. Strong management actions allowed us to variablize and reduce total OpEx by approximately 300 million. They represent a key long-term growth engine for the group. I think these are really, really good questions. Thank you very much for your attention, and I would like to turn now the line back to the operator for the Q&A session. Dans intrt de la France, And so were excited about this transaction. Before that she had a 23-year career with oilfield services giant Schlumberger, ending as president of the drilling business. She occupied a number of roles in various geographies (Republic of Congo, the US, Malaysia, ): from Director of Business Entities (Wireline, Reservoir Characterization, Drilling, ) to Regional Division (Europe and Africa). (Tech. And also, 4 of them clearly align with the business activities that are core and are very much part of our strategic priorities. If you have an ad-blocker enabled you may be blocked from proceeding. cookies ENGIE announces that Catherine MacGregor took up her post as Chief Executive Officer of the Group on 1 January 2021. Chief Executive Officer at NOVIGE AB, Mission Innovation Champion, Innovator of the Year, Seal of Excellence European Commission, Propeller Prize - Stena Line 2mo Glad to see all the progress. It mainly affects our renewables and supply activities. But now that we have officially become Equans for a few weeks, this message that all ENGIE employees worldwide will receive a bonus of 1500,- comes as a disappointment. For cost savings, you can change your plan at any time online in the Settings & Account section. Thats really clear. Thanks to Faye Kirby and Rodica Roman for organizing the event and thanks to the many helpers! *Criao da poltica nacional de incluso das pessoas 50+ no mercado de trabalho* Pay my electricity bill of next year. And I suppose when we see you planning a CMD in May, I think lot of us are hoping that youll be able to do something similar at the May event. Is it something that you will tell us more about in May? Please go ahead. All options considered for Engie's services business sale-CEO 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. She has managed numerous complex industrial projects, both . Please disable your ad-blocker and refresh. And so the amount will be much lower than what you have seen in 2020. For cost savings, you can change your plan at any time online in the Settings & Account section. Compare Standard and Premium Digital here. Euro erzielen. Its coal exits. We also posted higher financial costs. We have 101 gigawatt of gross power generation capacity, of which around 30% from renewables. Since 2007, she held multiple senior management including global positions as Group HR Director or head of strategic activities for the company. Compare Standard and Premium Digital here. This was notably due to the discounting of liabilities related to hydro concessions in Brazil that are indexed to inflation and which increased significantly in 2020. Welcome to the sector, indeed. Elle travaille pendant 23 ans chez Schlumberger. Now that doesnt mean that we should not have discipline. If we look at the long term, weve got an average of 20% of minority as part of group net income with large minority stakes in Latam, for instance. Let me now move to a detailed view per business line. And on these assets, if you assume the five remaining years until 2025, its about 150 million of impact a year positive. Her vision on ENGIEs transformation and development, her industrial and international track record as well as her leadership and managerial skills will fully contribute to the achievement of the strategic orientations announced at the end of July. Current positions of Catherine MacGregor And then the second question is more for Judith. This growth will be partly offset by a lower benefit from the GFOM ruling in Brazil and by the assumed FX deterioration. This is particularly noteworthy in the context of the unprecedented pandemic. For this, I would like to say a big thank you to Judith, Paulo and Claire for their strong leadership in 2020, as they had the dual challenge of advancing the group simplification agenda whilst, at the same time, ensuring we continue to deliver essential services to our customers. In our asset-light activities, we have a healthy order book and a project backlog of over 11 billion, offering good visibility for 2021. You can update your choices at any time in your settings. Then potentially collaborate/partner with us for less than EUR 10 m in costs, together solving the crucially important 40% of the hours of the month. Anyone whos keen to learn more about the topics that are currently driving our industry is more than welcome to attend the event! Organically, these evolutions were slightly better. So quite frankly, it is a normal run rate of dilution of 100 million when you look at a 2 billion debt reduction. Alongside renewables, we are also developing projects of up to 3 gigawatts of gas-fired generation. On the next slide, you can see Client Solutions, which faced unprecedented headwinds in 2020. Published on 2 October 2020 at 12:48pm EST on Uk.Reuters. modifier - modifier le code - modifier Wikidata. Is this happening to you frequently? You may now disconnect. So and then maybe Ill add that there is also, I think, a lot of things we can do and we are doing, and we will continue to do and even increase around industrialization, procurement, supply chain, of course, digital. In France, we continued to invest into the gas smart meters rollout. and other data for a number of reasons, such as keeping FT Sites reliable and secure, A cycle, of course, could be 3, 4, 5 years depending on the country. Keep abreast of significant corporate, financial and political developments around the world. ), has announced that he will retire on 31 CGG announced today (March 2) the appointment of Jrme Serve as Group Chief Financial Officer. However, our results were ahead of our expectations on both metrics, and this was driven by the fact that the second half confinements were lighter in our main markets and that we adapted our processes, contributing to improved activity levels. https://waves-energy.co/maps/. We will now take our next question from Peter Bisztyga with Bank of America. Pascal Frings., Assistente de Planejamento e Controle I | ENGIE Brasil | Gesto de Frotas | Logstica | Atendimento ao Cliente | Administrao Estcio, Bizarre, je suis un employ d'Engie et je n'ai pas reu , I am really very Happy after Hearing that Engie is going to make strong and strong renewable resources that makes to process competency of whole work which is going on this projects as i would proudly feel good i wish if you have any vacancy in the Engie organization i would definitely prefer to work this organisation as my last experience were quite satisfactory in Allied Maintenance Company Pvt Ltd at Tabuk Project in Saudi Arabia even i was working two years as store supervisor in Tabuk Projects i forwarded my resume to one of your recruiter for store supervisor as i have 12 years experience in the maintenance Departments like Civil, Plumbing, Mechanical,HVAC, Gardening, Cleaning and most importantly PGP Department. Yes, its hard to give any precise guidelines on that because, of course, it depends on the M&A and greenfield mix, and it depends on the type of projects that youre after. What are you looking at? In recognition of their outstanding contribution in this energy crisis, given the inflationary context and our financial performance, we have decided to award an extraordinary bonus of 1500 to all ENGIE employees worldwide. Soliane Varlet, gestionnaire de portefeuille de notre stratgie actions Women Leaders, s'entretient avec Catherine MacGregor, Directrice gnrale d'Engie, l'. And on the availability, given that last year was the last LTO maintenance, we are confident on good availability for the years to come. Now its a little bit difficult for me to really be critical about the past. You mentioned that you would also phase out coal in district heating. Catherine MacGregor chez Engie, Christel Heydemann, chez Orange, et Estelle Brachlianoff, chez Veolia, sortent du lot. European utility giant Engie named oil & gas industry veteran Catherine MacGregor as its new CEO with a remit to lead the French group's ambitious renewables and energy transition plans. But when you think about where that green hydrogen will be produced and where it will be consumed, the fact that we have infrastructure to transport this hydrogen, potentially to store this hydrogen will play to our strength. Cheers! 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. Overall, these positive factors are expected to more than offset year-on-year negative evolutions. Engie has been riven in the past by fights between chairman and CEO and is a company where the board plays a big role in shaping strategy. We also rapidly launched strategic reviews of businesses, including part of Client Solutions, GTT and ENGIE EPS. 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. Thank you for giving us our voices back with the amazing Diversity, Equity and Inclusion policies at ENGIE . I think thats clearly something the market will be expecting there. With respect to the recent extreme weather events in Texas, we are assessing the situation. university We use So its a huge project. For example, we significantly enhanced our renewables footprint in the U.S. Biography of Catherine MacGregor - The Official Board COVID had little impact on Nuclear, and its contribution improved by 203 million, mainly reflecting higher achieved prices and lower OpEx. 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. When we mentioned the 2 billion of additional disposal to drive simplification, the topics you know about, of course, the strategic reviews that we have announced. 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. And so the number that I quoted, which was the injection that we did last year, you start to see that it becomes meaningful. Yes. Thank you, Sam, for this question. 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. And Networks, given that we do, we continue to invest here in France into the RAB, you will see a relative quick turnaround into contribution. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. Engie boosts asset sales as it targets 'doing less stuff' Non Madame Catherine Macgregor (Courtesy of Engie) MacGregor began her career at Schlumberger in 1995, where she spent 23 years in important positions on all continents. You certainly have a lot of people out here who want you to be very successful. With our strong local presence in key geographies and leading capabilities across the power generation value chain, including in energy management, which is a key for commercializing renewable energy, we are confident in our ability to drive long-term value creation from this renewables growth. Yes. is its Ocean Winds joint venture with EDPR. So I thought, on this occasion, it would be great if you could take a few minutes just to share with us sort of your perspective on why the last few years have been so difficult for ENGIE, why the 2016 asset rotation plan didnt really deliver in the end and why the current asset rotation plan may be more successful. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for 65 per month. Have a nice day. Katherine MacGregor - Biography In DHC networks, the worldwide market is expected to grow over 5% per year on average across the next nine the next five years. And what is your philosophy there? Although we were in crisis management most of 2020, we did not lose focus on our long-term objectives and continued to invest for the future. We have a very nice digital platform to help us manage our assets better. First, we recorded significant impairments mainly driven by the 2.9 billion nuclear impairment caused by the change in lifetime assumption for Belgian nuclear reactors as well as by changes in the commodity price scenario. We support credit card, debit card and PayPal payments. So Ill ask two questions. We also continued our relentless pursuit of simplifying the group. A short stay for a rich experience and deep learning. This button displays the currently selected search type. So again, when you think about the business and the need to have a resilient power system, gas has actually a very critical role to play. 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? Select Accept to consent or Reject to decline non-essential cookies for this use. [Operator Instructions] We will take our first question from James Brand with Deutsche Bank. We see a huge potential for hydrogen, and we are already making significant progress in biomethane. currently to 4 GW p.a. The 0.1 billion, is this a 2020 contribution of the businesses youre going to sell? Engie hires oil & gas veteran Catherine MacGregor as CEO for energy We invested 4 billion of growth CapEx and successfully commissioned 3 gigawatt of wind and solar assets. on the development of flexible and resilient energy systems. Nothing much more structural than that really, James, on supply improvement. Estabelecer as diretrizes legais e normativas para incentivar a contratao de pessoas com 50 anos ou mais nas organizaes privadas atravs da reduo de impostos sobre a folha destes empregados. At the event, we were pleased to highlight how #Masdar is working with our partners in Azerbaijan to develop world-class clean energy projects like the 230 MW Garadagh Solar PV Plant, with further agreements to develop up to 10GW of clean energy capacity across #onshorewind, #offshorewind, #solar, and #greenhydrogen projects. These projects could participate in the Belgium capacity remuneration market auctions in the second half of this year once approved by the European authorities. And then, of course, you also remember that, in 2020, we have decided to more consolidation where it makes strategic and financial sense, as it was mentioned earlier. And the second one, if I may ask, around Client Solutions. Catherine, you are in a ENGIE is in a unique position, I think, as a gas network operator with a very attractive Renewables business. 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. On the other hand, we, obviously, want stability in a power system. And I think, namely complexity is one thing. 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. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. Ow, nobetter ! I think, as you pointed out, theres been a little bit of a race to gigawatts. You will remember last year, we had close to 200 million, which was really driven by 2 things or 2019, sorry, we had roughly 200 million, 2 things. This decrease in total COI was mainly driven by a negative 1.2 billion COVID impact, a negative 300 million pressure from foreign exchange mainly due to the depreciation of the Brazilian real and a negative 160 million impact from French temperatures. We have strict criteria, and we will stick to them. ENGIE announces that Catherine MacGregor took up her post as Chief Executive Officer of the Group on 1 January 2021. We do think that we have quite a specific signature within ENGIE, and we do like our gas assets. As we approach our annual SAP Concur Fusion customer event very quickly, this week was rehearsal time for me! I think the team has done, so far, a really nice job. And so obviously, a decision that we communicated today is based on a scenario where it is unlikely that the lifetime extension happens. So Id be very interested to reflect to hear your first thought after you have looked at the market for gas. More information, our agenda as well as the opportunity to register are available here: https://fusion.concur.com/. So indeed, were going from 4 billion of growth CapEx to 5.5 billion, 6 billion in 2021. Parit homme-femme au sein des directions gnrales encore loin du Now the 2021 guidance. The ENGIE Board set out strategic orientations for the group last year in July 2020, and my new executive team and I have three clear priorities: firstly, simplifying the group at pace; secondly, investing further, investing in renewables, networks and asset-based client solutions, as these are areas of competitive strength for ENGIE; and finally, strengthening our groups commitment to the energy transition. So no impact there, of course, on G&A reduction and about 800 million of assets. Our group remains committed to Belgium and to contributing to the countrys security of supply. I look forward to working with her in the months and years to come to deliver the Groups strategic orientations. I wish to thank Paulo Almirante, Judith Hartmann and Claire Waysand who will continue to serve as the interim management team until January 1st., I would like to thank the Board of Directors for the confidence it shows in me. And so these are some of the things that complexity and ability to manage activities that are very, very different from each other, I think really get in the way of performance. And that will be something that we will be describing a bit more in details in May. Some of your peers there have convinced the market that they transitioned to hydrogen. Now from a also power system standpoint, gas today is also a very nice complement to renewables because it has brings the flexibility. We will now take our next question from Sam Arie with Union Bank of Switzerland. 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. Battery storage is expensive, produces no net power, has a very high LCA and basically impossible at the needed grid size. We think its important to have a system play on renewables. Catherine MacGregor will join Engie as CEO. 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 . We want to develop and further our differentiation. Thank you very much, Aarti, and good morning, everyone. We will make sure that we get the right price. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. So thats one aspect of it. So naturally, were landing more just below a 100 million figure for 2021. On organic evolution per business line, Renewables, Thermal and Nuclear were resilient and even grew organically. So if you add those two effects together, you go from 150 million positive to roughly 160 million positive in 2021. And as in the past, we will be very mindful of timing. And I can confirm that the whole executive committee is passionate about moving along our strategy and enhancing our performance culture. Thanks to Faye Kirby and Valencia Anderson for setting up the display and sharing books written by black authors. Joe Biden teaches the EU a lesson or two on big state dirigisme, Elon Musks Twitter is dying a slow and tedious death, Who to fire? Let me now turn to our ESG performance. For a full comparison of Standard and Premium Digital, click here. First, operating cash flow was 1.1 billion lower, mainly reflecting the drop of EBITDA. Were going to really focus on a few geographies. offers FT membership to read for free. Altogether, these units can contribute to a yearly production of up to 3.9 terawatt hours, equating to the annual gas consumption for hitting approximately one million new build homes in France. And in terms of the supply, were really expecting supply to recover mainly from less COVID impacts, also looking at the temperature, which will improve. And so we consider that these are going to be very important in the near term at least in order to maintain a power system that is both robust and affordable, which was some of the features that I described in my talk, as extremely, extremely important for this energy transition. We have progressed on simplifying the group. What an insightful stay in India this week starting with a technical conference on #hydrogen #certification at #IndiaEnergyWeek then meetings with 7 industrial players developing hydrogen projects across #India. Net recurring income group share was within the guidance range, and Judith will cover financial performance in more detail shortly. And it would be helpful if you could highlight for us any meaningful one-offs embedded in the 2020 results, whether positive or negative that we should bear in mind as we build our bridge to 2021? Judith, you want to start with the EVBox question? Catherine Fiamma MacGregor is an Influencer, https://noviocean.energy/novigenews-oeec-startup-award-green-tech-net-zero-future, https://www12.senado.leg.br/ecidadania/visualizacaoideia?id=167822. In Latin America, COI was up significantly, driven by the scope in effect and higher organic contribution of TAG, which, Im very pleased to say, has outperformed our expectations. Selbst im Worst-Case-Szenario komme Engie dann auf eine Bewertung mit einem KGV von rund 10. Catherine MacGregor Net Worth (2022) | wallmine