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Engie – in 2020 #36 (-2)


Parent Company: Engie Group

Brand Value 2020: $1,183m (US$)

Change from 2019: -11%

Headquarter City: Paris

Category: Energy

Year Formed: 2015

Gas and electricity supplier Engie is repositioning itself as a supplier of low-carbon energy, with a focus on solar production and more efficient ways of getting power to the people who use it. Engie is the solar energy leader in France, with 900 MWp of capacity. The business is expanding into airport services and facilities management, and is devising innovative solutions for its end consumers. These include the My Power offer, which works through a smart battery to automatically adjust loading and unloading of solar energy according to the weather and an individual household’s consumption habits. In three years, Engie has radically transformed itself. “We will specialize, we will accelerate, we will also simplify our group,” announced CEO Isabelle Kocher in February 2019. The company is prioritizing its key 20 markets and also targeting Southeast Asia and Africa for growth. Engie’s ambition is to become the world leader in enabling zero-carbon transitions. It has set up eight green electricity production sites in France and its investments are also focused on renewable energies.