(known as GDF Suez) is a French multinational electric utility company, which operates in the fields of electricity generation and distribution, natural gas and renewable energy.
The company, formed on 22 July 2008 by the merger of Gaz de France and Suez, traces its origins to the Universal Suez Canal Company founded in 1858 to construct the Suez Canal.
Since the merger in 2008, the French state holds approximately a third of the company.
It adopted the Engie name in April 2015 in order to emphasize the changing nature of its energy business and de-emphasize its historical role as a nationalized gas monopoly.
Its operations are organized in 5 business lines
- Energy Europe, engaged in the production of electricity and distribution and supplying of gas in continental Europe;
- Energy International which supplies power within North and Latin America, the United Kingdom, Turkey, Middle East, Asia and Africa;
- Global Gas & LNG, which includes exploration and production of gas and oil, procurement and routing of gas and Liquefied Natural Gas (LNG) and supplying accounts in Europe;
- Infrastructures, which operates the transport, supply and storage of natural gas;
- Energy Services, providing multi-technical services in the areas of engineering, installation or energy services.
With operations in about 70 countries, power producer Engie has 115.3 GW of installed capacity.
It is Europe's top importer of liquefied natural gas (LNG), its largest supplier of natural gas, the continent's leading supplier of multi-technical energy services, and a leading global supplier of water and waste management services.
As of 2015, Engie employs 154,950 people worldwide with revenues of €69.9 billion.