catherine macgregor engie bio

So in terms of creating an entity as part of our strategic review of Client Solutions, one of the things that is important to understand about this business is that it has grown within ENGIE as a series of acquisition and local development and so today, dont quite belong into a coherent entity and is not led as an independent or well-defined part of ENGIE. We have a new business organization and leadership team who is focused on performance, and weve committed to executing our strategy to accelerating the group growth and to strengthening our commitment to the energy transition. Engie plans to accelerate its development in renewables, by increasing the target for renewables capacity commissioned from 3 GW p.a. So if you add those two effects together, you go from 150 million positive to roughly 160 million positive in 2021. Maybe some thoughts. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. Catherine MacGregor a rejoint le groupe ENGIE le 1. er. Now the 2021 guidance. I was wondering whether you could just remind us where youre still using coal in district heating and what the options are there, whether youre planning on investing and converting those units to cleaner fuels? The enshittification of apps is real. For a full comparison of Standard and Premium Digital, click here. So no impact there, of course, on G&A reduction and about 800 million of assets. As CEO, Catherine MacGregor will focus on defining and implementing the Group's strategic road map, in particular around the two priority areas announced in July 2020 by the Board of Directors: speeding up growth . - Play an important role in ensuring security of supply for France and Europe Elle est ingnieur, diplme de l' cole centrale Paris, dont elle sort en 1995. In Client Solutions, overall, we are expecting a strong recovery from COVID, albeit with a relatively slower recovery for asset-light activities. Standard Digital includes access to a wealth of global news, analysis and expert opinion. personalising content and ads, providing social media features and to When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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. Dans intrt de la France, And finally, we also strengthened our position in the rapidly growing market of corporate PPAs with over 1.5 gigawatts of contracts signed in 2020. 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. Obviously, well give you more color on our ambition on renewables in May. So I was wondering whether you could share some thoughts on perhaps where you might be able to get back to perhaps over the medium term in that business? 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. [Operator Instructions] We will take our first question from James Brand with Deutsche Bank. 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. And so to in that respect, I think your comment might be valid. Ocean Winds to rival Orsted as Engie and EDPR unveil new offshore giant, Only female CEO of a major European utility sacked by board. fusion, Engie names Catherine MacGregor as new CEO - Offshore Energy En juillet 2019, elle est candidate au poste de prsidente de Schlumberger, mais le conseil d'administration prfre nommer Olivier Le Peuch. From 2013 to 2016, she also served as President Europe & Africa at Schlumberger, before being promoted in 2017 to President of the Drilling business, while based in London. And so from a financial impact standpoint, unlikely to be a 2021 story. Katherine MacGregor - Wikipedia We remain focused on executing disposals at pace, continuing to simplify the group, creating value and reallocating capital towards growth. A key area of value creation from renewables is the ability to commercialize energy with new and innovative solutions for customers, and we have made great progress on this front. I would say that some of the things that were decided last year with these strategic orientations, I am very, very convinced that well address some of the shortfalls that can explain some of the ENGIEs underperformance in the past few years. organisation French Networks had limited COVID impact also mainly on distributed gas volumes. Thank you very much, Judith. And thank you, Catherine, too, for your answer, which I think we all appreciate, and we wish you with that, just final comment from my side, then Ill turn it over. I guess, whats the kind of your average period of sort of non-productive capital work in progress? 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. We have a lot of experience over the years developed through our generation and thermal activity. I think thats clearly something the market will be expecting there. Together, let's continue to make a difference! There are 25 older and 1 younger executives at ENGIE SA. A short stay for a rich experience and deep learning. Now its a little bit difficult for me to really be critical about the past. These headwinds were partially offset by various one-offs, including an internal negative 2019 one-off mirrored in Networks. And with that, Im pleased to hand you over to Catherine. So there will be a capital gain on this. Judith, you have 1 so about 0.1 billion of dilution at the COI level put in your guidance for 2021. 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]. Again, especially when it comes to replace when it replace coal. And then your other question was related to the organization. To conclude on Thermal, let me highlight the demothballing of two Dutch gas units, demonstrating this fleets flexibility to take advantage of market opportunities. We expect to invest between 5.5 billion and 6 billion in growth CapEx with over 90% allocated to our strategic priorities. To this end, we expect to invest between 5.5 billion to 6 billion growth CapEx, with over 90% of this in renewables, networks and asset-based client solutions. 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. European utility giant Engie named oil & gas industry veteran Catherine MacGregor as its new CEO with a remit to lead the French groups ambitious renewables and energy transition plans. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. Sign up for more in-depth articles and insights. on the development of flexible and resilient energy systems. Tax charges were 300 million lower mainly due to the decrease in profit. For more information and how to manage your privacy settings, please refer to our privacy and cookie policies. We are a smaller company than Engie normally would partner with. So indeed, were going from 4 billion of growth CapEx to 5.5 billion, 6 billion in 2021. 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. So to summarize, ENGIE made progress at pace in 2020. COVID had little impact on Nuclear, and its contribution improved by 203 million, mainly reflecting higher achieved prices and lower OpEx. Excluding the scope out effect of SUEZ in the fourth quarter, the second half performance in 2020 was similar to previous year. 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? Its two and probably a little bit more early. As always, my team and I are here to assist you, so do please reach out. Some others, there is still a good portion of assumption that there might be a stranded asset. Siga o link abaixo e deixe seu apoio a esta poltica de incluso necessria ao nosso pas. So on EVBox, were very happy to have announced this transaction. ), has announced that he will retire on 31 CGG announced today (March 2) the appointment of Jrme Serve as Group Chief Financial Officer. Our portfolio of wind and solar assets has an average age of five years with an average residual contract duration of 15 years, which offers us with good visibility of earnings. Sur cette version linguistique de Wikipdia, les liens interlangues sont placs en haut droite du titre de larticle. This decision, effective as from January 1st 2021, is the result of a selection process, led by Jean-Pierre Clamadieu, Franoise Malrieu and members of the Appointments, Compensation and Governance Committee, following the highest standards of governance. Now the guidance for 2021. And so were excited about this transaction. You may now disconnect. Compare Standard and Premium Digital here. Check if your Congratulations Engie. Its a geography refocus. Economic net debt-to-EBITDA ratio was four times stable compared with December 2019 and better than 2020 guidance. analyse how our Sites are used. So again, of course, I mean, it 2020 was heavily impacted. And when we reflect about some of the trends around electrification, around the growth in renewables, we realize that flexibility, dispatchability are going to be very important to the future of the energetic mix. Current positions of Catherine MacGregor 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. And then the last thing I would want to mention, too, is on the positive side of this decision, is this will help us reallocate some earmarked, lets say, CapEx into, again, our growth opportunities in Renewables and in Networks. 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. Thank you, Catherine, and good morning, everybody. For example, we signed several corporate PPAs with Amazon for a 650-megawatt global portfolio of wind and solar projects across the U.S., Italy and France. We also continued to benefit from the cost actions launched in the second quarter. 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. cookies Recharge is part of DN Media Group. We maintained a high level of liquidity with 23 billion, including 13.3 billion of cash as at the end of December 2020. We have 101 gigawatt of gross power generation capacity, of which around 30% from renewables. Catherine Fiamma MacGregor on LinkedIn: nergie : la consommation de And then, of course, in terms of Thermal, we will be very opportunistic. Catherine MacGregor | 2021 Most Powerful Women International | Fortune Solvay Alpharetta celebrates Black History Month. Its a pleasure to welcome Catherine to ENGIE, and Im looking forward to executing our strategic plan together. Let me now move to a detailed view per business line. I have proper control over all inventory department with the skill of my Minimum and Maximum stock levels, Gerente Industrial | Gesto de Operaes e Servios | Supply Chain | Engenheiro de Produo | leo e Gs | Suporte Tcnico | Produo | Gesto da Qualidade, Pessoal, eu criei esta Proposta de Ideia Legislativa no Senado Federal que se transformada em lei criar as Poltica Nacional de Incluso das Pessoas 50+. COVID weighed particularly heavily on Client Solutions and on Supply. Catherine Fiamma MacGregor on LinkedIn: ENGIE 9M 2022 Financial And so were confident to be able to invest in lots of opportunities that Catherine talked about. Have a nice day. We will now take our next question from Sam Arie with Union Bank of Switzerland. We do think that we have quite a specific signature within ENGIE, and we do like our gas assets. ENGIE - Catherine MacGregor, Chief Executive Officer of ENGIE from 1 The final area of 2020 performance I would like to highlight is the groups continued progress in growing our renewable portfolio, which has grown significantly by 32% since the end of 2018. I would love to hear from you. More information, our agenda as well as the opportunity to register are available here: https://fusion.concur.com/. Engie board set to appoint Catherine MacGregor as new CEO. On quick one on numbers, on guidance. 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? So yes. But is it bad? These negative effects were partially offset by the positive GFOM ruling in Brazil of approximately 165 million. And I was interested to get your philosophy about minorities. This was partially offset by capital gains, the main one being 1.7 billion due to the sale of the 29.9% shareholding in SUEZ. Biography. ENGIE SA (OTCPK:ENGIY) Full Year 2020 Earnings Conference Call February 26, 2021 4:00 AM ET, Aarti Singhal Director of Investor Relations, Catherine MacGregor Chief Executive Officer, Judith Hartmann Chief Financial Officer. 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. So lots of enthusiasm around renewable. This was really driven by mix of the results, changes in some tax laws, including in the UK, and we are expecting to go to a more normal level at the 25% kind of range in 2021. And I was very pleased to hear that you put simplification at the center of your new vision for the group. Are you working on a new organizational format? modifier - modifier le code - modifier Wikidata. ENGIE announces that Catherine MacGregor took up her post as Chief Executive Officer of the Group on 1 January 2021. 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. 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. If you have an ad-blocker enabled you may be blocked from proceeding. In other words, direct stable energy is needed these hours. I think on the question of network convergence between gas and power, I think were a bit obviously, different drivers behind this, one, which is the trend towards more electrification is something to stay. We see a huge potential for hydrogen, and we are already making significant progress in biomethane. Learn more in our Cookie Policy. Minority interests were lower mainly due to lower contributions from our listed entities in Latin America and to the scope effect of Glow. Financial net debt decreased by 3.5 billion to 22.5 billion from December 2019 primarily due to disposal proceeds. This is value neutral over time as D&A is integrated in the regulated revenue. Catherine MacGregor will join Engie as CEO. Both include the construction of new substations and upgrades to existing substations and are expected to be commissioned in the second half of this year. Carbon neutrality is at the heart of ENGIEs purpose and central to our strategic direction. You mentioned the COVID impact and how to think about it in 2021. 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. So firstly, theres step-up in CapEx in 2021 versus your sort of prior 10 billion 3-year plan. university This really has two reasons. I have two questions, and I continue with the trend, 1 for Catherine and 1 on the details for Judith, please. And obviously, it mitigates the intermittency, which is still quite an issue with renewables, as we know. Thank you. In summer 2019, she joined the Executive Committee of TechnipFMC Group, to lead its engineering division. Since 2007, she held multiple senior management including global positions as Group HR Director or head of strategic activities for the company. From 2013 to 2016, she also served as president Europe & Africa at Schlumberger, before being promoted in 2017 to president of the drilling business, while based in London. A particular region of international growth in Networks has been Latin America, where, in addition to gas, we are also building power transmission lines. We use your data to ensure you have a secure and enjoyable user experience when visiting our site. Please. We also suffer from the same crisis and have also contributed to this, especially in the Corona years. Select Accept to consent or Reject to decline non-essential cookies for this use. I want to take advantage also to clarify on a question that I was asked earlier on the nuclear impairments and the impact on D&A. Thats what Id like to understand because we need to consider whats the dilution of as well the midterm period, not only 2021. I would like to pay tribute to their mobilization, which has enabled us to: I think we are now about time, so I would like to thank you for your attention. Therefore our industry is [], ENGIE steps up its energy transition, targets renewables, MacGregor to supply RoRo equipment for K Lines LNG-powered newbuilds, Equinor and Engie press ahead with H2BE hydrogen project in Belgium, Engie names Catherine MacGregor as new CEO, MacGregor to supply all-electric RoRo equipment to H-Lines PCTCs, MacGregor to equip 4 more Hegh Autoliners multi-fuel PCTCs, In focus: Investments in oil, offshore wind hit a snag. For example, we significantly enhanced our renewables footprint in the U.S. or You have, of course, in mind, that we have committed to fund our waste provision until 2025. I was very pleased to participate in the 9th Ministerial Meeting of the Southern Gas Corridor Advisory Council, and the 1st Ministerial Meeting of the Green Energy Advisory Council, held in #Azerbaijan last week. On 14th of January, I announced a new executive committee, and Im very pleased that Paulo, Edouard, Ccile and Sbastien have started their new business roles. One second, it will be over soon. MacGregor joins Engie as it embarks on a major push into renewables and clean energy. - Contribute to measures to support purchasing power 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. Catherine MacGregor a t dcrite positivement par d'anciens collaborateurs: des articles de presses rapportent des propos qui la dsignent comme une personne trs simple aux loisirs sans surprise (cinma ou scrabble)[1], directe, mthodique, tenace, trs oprationnelle[4], humble et courageuse[3], efficace, mais elle sait couter (Thierry Pilenko)[2]. ENGIE announces that Catherine MacGregor took up her post as Chief Executive Officer of the Group on 1 January 2021. We also rapidly launched strategic reviews of businesses, including part of Client Solutions, GTT and ENGIE EPS. Engie - Franzsischer Energieversorger berzeugt uro am Sonntag" mit Currently, Catherine MacGregor holds the position of Chief Executive Officer for ENGIE SA. This is one of the largest renewable PPAs signed with an industrial group in Belgium and demonstrates the growing appetite for PPAs from a broader range of customers. Onshore wind can be 1.5 years. La dernire modification de cette page a t faite le 22 fvrier 2023 19:40. Nothing much more structural than that really, James, on supply improvement. Thats a good clarification. 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. 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La situation en France depuis plus de 50 ans Indeed, you can expect positive cash flow operation from our nuclear activities. The first one is, following the impairment on Belgium Nuclear, could you indicate whether there will be any impact on depreciation and amortization going forward? cookies We also increased the share of renewables in our portfolio to 31%, and I will cover this in more details shortly. 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. #solvaylife #workculture #lovemyworkfamily, Celebrating our diverse HR team during the HR Seminar in UAE. The Board of Directors announces the appointment of Catherine MacGregor And on gender diversity, we maintained 24% women in management of the group, and this must continue to be an area of focus for us in the coming years. We will now take the next question from Rob Pulleyn with Morgan Stanley. I think these are really, really good questions. She occupied a number of roles within [] offers FT membership to read for free. Un article de Wikipdia, l'encyclopdie libre. The 0.1 billion, is this a 2020 contribution of the businesses youre going to sell? So Id be very interested to reflect to hear your first thought after you have looked at the market for gas. Anyone whos keen to learn more about the topics that are currently driving our industry is more than welcome to attend the event! Previous to these positions, she has worked 23 years at Schlumberger, the world's leading provider of reservoir characterization, drilling, production and processing technologies for the oil and gas industry. Lets keep in mind that revenues are also indexed to inflation and will benefit from that increase over time. Why the effort to reorganize this entity given the strategic review regarding a potential disposal? And we will now take a last question from Louis Boujard with ODDO. In Thermal, we expect a COI decrease due to the normalization of a strong 2020 performance in Europe, which was supported by high spark spreads and ancillary contributions. Great post Catherine Fiamma MacGregor! So for my question, the first is on the asset rotation. Bereits 2025 wolle Engie wieder einen Gewinn von bis zu 4,7 Mrd. However, the gross COI evolution was negative 125 million mainly due to foreign exchange. Elle a t leve au Maroc[1]. On the strength of our shared industry culture and my operational experience, I will work with all of our teams to achieve our goal of enabling Engie to accelerate the energy transition.. Therefore, we do continue that we do think that gas will continue to play a very key role. And so our thermal fleet has a very, very important role to play there. And I can confirm that the whole executive committee is passionate about moving along our strategy and enhancing our performance culture. Ow, nobetter ! And weve announced that there might be a second step, but we will obviously cross that bridge when it comes to it. We strengthened our leadership in green bonds having issued 2.4 billion green bonds in 2020 for a total of 12 billion since 2014. And so the amount will be much lower than what you have seen in 2020. Last but not least, visiting BV head office in Mumbai and meeting SSC and SAR management team. Im just wondering, youve identified sort of the identity of Renewables, Networks and across Client Solutions. Strategy: we have made progress in the execution of our plan to build a stronger and more unified Group, on the offensive to accelerate the energy transition.

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