The issue of having mtiers and activities that are so different from each other and I think weve talked a little bit about the multi-technical services, as an example, that require a management focus, a capital allocation policy, a system and attention to every cent that you have to spend, which is not necessarily something that is ENGIE DNA. She has spent her entire professional career working in the energy sector. 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. Catherine MacGregor is an engineer and graduate of cole Centrale de Paris (CentraleSuplec). Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Catherine MacGregor appointed new Engie CEO | Financial Times Its youre obviously guiding for a significant improvement in Supply COI this year versus last year. The peer groups done very well. We are expecting this to happen in a matter of weeks, following the closing of the SPAC transaction. Within this guidance, we have included our current estimate of the potential impact. Our regulated networks offer stability and visibility of earnings to the group with regulatory remuneration arrangements in place through to 2024. We have a strong position in Brazil, in Peru, in Chile. 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. And how quickly do you think it can actually contribute to your earnings, please? I would like to pay tribute to their mobilization, which has enabled us to: On an organic basis, the business line saw 1% growth, which was a strong result considering that there were over 100 million of positive operational one-offs in 2019 from LDs on newly commissioned power plants in Brazil and Chile. PDF CATHERINE MACGREGOR Directrice Gnrale - Engie Vocs conseguem nos apoiar? I think there was another question, which was related to the calendar. Catherine MacGregor | 2020 Most Powerful Women International Let me give you the 2020 COI highlights. Its going to take us some time. Its about 1% of French consumption that was injected, so and thats 2021 or 2020, rather. Solvay Alpharetta celebrates Black History Month. We had very good results from our Italian assets due to higher level of ancillaries as well as to higher spreads captured throughout Europe. 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. It honours and commits me. And the answer is yes. Keep abreast of significant corporate, financial and political developments around the world. And of course, hydrogen as it gets developed, indeed, could be very much more linked to power than maybe gas was in the past. Many thoughtful leaders throw up their arms when it comes to taking action on climate change, thinking, understandably, that their company is just a drop in the bucket. But really appreciate, thanks again ! Dans intrt de la France, 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. We have a team of about 300 developers who are really good at what they do. Now of course, its going to depend on when its closing, at what price, but it will be a few hundred million. Battery storage is expensive, produces no net power, has a very high LCA and basically impossible at the needed grid size. But we really want to focus on a return-based growth strategy. Problem: 40% of the hours of the month there is minimum wind and zero sun. Some of your peers there have convinced the market that they transitioned to hydrogen. So yes, Thermal is a good fleet for us, good asset. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. Our environment is changing. The contribution of French renewables was also lower due to the reduction in DBSO margins in 2020. Bereits 2025 wolle Engie wieder einen Gewinn von bis zu 4,7 Mrd. She is the only female CEO in France's CAC-40 stock index; French Finance Minister Bruno. Have a nice day. 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. She has spent her entire professional career working in the energy sector. One was the CapEx. I just wanted to remind that given of the absence of the LTO that there is the amortization is now happening quicker. 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. These headwinds were partially offset by various one-offs, including an internal negative 2019 one-off mirrored in Networks. We have ambitious goals to continue to simplify ENGIE at pace to play a key role in accelerating the energy transition and to focus on the long-term profitable growth of the group. Her main mission was to prepare for the spin-off and IPO of this entity, with energy transition at the heart of the strategy. Ms MacGregor is 48, she's been the Chief Exec. So if we have opportunities, which, from an energy transition makes sense, because, for example, they would replace coal or even worst, fuel assets and bring a solution of flexibility to the system is something that we might consider. MacGregor will take the helm at Engie in January 2021, joining from TechnipFMC Group where she has spent just over a year as head of Technip Energies. Together, let's continue to make a difference! Operationally in 2020, the group continuously evolved processes to tackle COVID, and we maintained high health and safety standards for both occupational and process safety. We continued to put in place dedicated action plans, including OpEx reductions and G&A resizing. Long-term growth drivers for asset-light activities are also strong, underpinned by major international actions plans, such as the European green deal towards making the EUs economy sustainable. Now Ill comment on the bridge from net recurring income group share to net income group share, which was negative 1.5 billion in 2020. 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 have 1 so about 0.1 billion of dilution at the COI level put in your guidance for 2021. Her main mission was to prepare for the spin-off and IPO of this entity, with energy transition at the heart of the strategy. Thanks to Faye Kirby and Valencia Anderson for setting up the display and sharing books written by black authors. Its two and probably a little bit more early. Whilst the overarching priorities are clear, we now need to translate them into an action plan for consistent delivery. on the development of flexible and resilient energy systems. So no impact there, of course, on G&A reduction and about 800 million of assets. Are you working on a new organizational format? 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. Our greenhouse gas emissions from power production reduced 9% to 68 million tons as the share of coal has further decreased in 2019. In Networks, lower RAB remuneration rates in France should be offset by the reversal of 2020 warm temperatures as well as continued growth in Latin America. We strengthened our leadership in green bonds having issued 2.4 billion green bonds in 2020 for a total of 12 billion since 2014. Estabelece ainda cotas 50+ proporcionais a populao para preenchimento de vagas no setor pblico. Next, a few words on the bridge from EBITDA to net recurring income group share. Were going to really focus on a few geographies. On organic evolution per business line, Renewables, Thermal and Nuclear were resilient and even grew organically. What is the identity of the Thermal business? You mentioned the COVID impact and how to think about it in 2021. 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. So I think this is a key point Id be interested in. As we approach our annual SAP Concur Fusion customer event very quickly, this week was rehearsal time for me! And first question is for Catherine MacGregor. Since 2007, she held multiple senior management including global positions as Group HR Director or head of strategic activities for the company. Elle y dirige des activits de forage au Congo, en Mer du Nord[3], aux tats-Unis, en Malaisie, au Royaume-Uni et en France[4]. The enshittification of apps is real. And then on your DBSO question, what were expecting for 2021 is roughly in line with what we had in 2020, so just below 100 million. Laut Konzernchefin Catherine MacGregor werde man im laufenden Geschftsjahr 2023 einen Gewinn zwischen 3,4 und 4 Mrd. Price is going up. 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. Current positions of Catherine MacGregor And Judith, you want to comment, please, on the impairment? Soliane Varlet, gestionnaire de portefeuille de notre stratgie actions Women Leaders, s'entretient avec Catherine MacGregor, Directrice gnrale d'Engie, l'. Is it something that you will tell us more about in May? The 281 million year-on-year COI decrease notably reflects warm temperatures and higher D&A in France. If you have an ad-blocker enabled you may be blocked from proceeding. Revenue declined on a gross basis by approximately 900 million for the full year. In 2020, most of our newly commissioned assets were onshore wind followed by solar. [1] She started her career on stage in New York City, in theatres off and on Broadway, credited as Scottie MacGregor . 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.

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