GDF SUEZ Becomes ENGIE: "As the World Changes, All Energies Change with It"
GDF SUEZ, which announced at the beginning of this year that it plans to double its renewable energy generation capacity in Europe, has changed its group name to ENGIE. The new brand name adopts the rising sun as its logo, symbolizing a new day in the world of energy, the company said in its official press release.
Gérard 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.”
The energy transition has become a global movement, characterized by decarbonization and the development of renewable energy sources, and by reduced consumption thanks to energy efficiency and the digital revolution. Today, the need is to mobilize all energies, to innovate, gather, and marshal every idea, ENGIE said.