catherine macgregor engie bio catherine macgregor engie bio

The first one is on strategy. Catherine MacGregor is an engineer and graduate of cole Centrale de Paris (CentraleSuplec). Very yes, good question. And so were keeping 40%. Lemjed Bouzekri Thuli MOLOTO Bhupendra Singh Francisca Iturrieta Amadori Berivan Szgn, So pleased that people liked my post on trim tabs. We also posted higher financial costs. I will try and stick to two questions, too. Renewables showed continued progress and overall operational resilience to COVID with organic growth of 11% in 2020. To remind, the company said in July that it intends to implement a new capital allocation strategy, focusing on two growth areas servicing the energy transition. First of all, I think you are highlighting through your question the fact that we have, at ENGIE, significant tailwinds, tailwinds that some of our peers have enjoyed and we havent. And Im sure thats a question youve been reflecting on as you took up the new role. And I just wanted maybe to clarify that the government has not explicitly made the decision. Lets now look at the outlook for 2021 starting with our capital reallocation to fund growth. A very fine, humane gesture that you promised your ENGIE colleagues. One was the CapEx. commentary and analysis you can trust. Onshore wind can be 1.5 years. Finally, on Client Solutions, we see a strong growth potential driven by decarbonization and energy efficiency, especially in heating and cooling networks, on-site generation, and green mobility among other asset-based solutions. Ow, nobetter ! Price is going up. Alongside renewables, we are also developing projects of up to 3 gigawatts of gas-fired generation. Thats a good clarification. So this is becoming real. Its coal exits. Catherine MacGregor chez Engie, Christel Heydemann, chez Orange, et Estelle Brachlianoff, chez Veolia, sortent du lot. Enel nearly tripled, Orsted quadrupled. ENGIE thanks you for your participation. Since 2007, she held multiple senior management including global positions as Group HR Director or head of strategic activities for the company. French giant Engie has concluded its search for the new chief executive officer, naming Catherine MacGregor to the position. Our regulated networks offer stability and visibility of earnings to the group with regulatory remuneration arrangements in place through to 2024. [indiscernible] Sam, for putting more pressure on us. In 2021, we already have hedged 80% of the production at 46. 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. Head of Core Laboratories US - Alpharetta Site Manager, Thanks to Solvay Alpharetta employees Michael O'Keeffe and Edna Carbajal for reaching out to students in Dawson county GA for their junior high school career fair and mock interview days. One is, of course, to participate in the future growth that we are projecting for this company; and second, of course, the close link into this space, which is a very important space for us. Okay. and other data for a number of reasons, such as keeping FT Sites reliable and secure, Minority interests were lower mainly due to lower contributions from our listed entities in Latin America and to the scope effect of Glow. ENGIE is a major player in the energy sector, and we are extremely well placed to tackle most of the challenges posed by this transition. We are facing an unparalleled opportunity to play a clear and meaningful role in tackling climate change. As always, my team and I are here to assist you, so do please reach out. Good morning, everyone. On your two questions, 1 was on the tax rate. [Foreign Language]. It was in this ramp-up that we were doing on renewability was the first time that we had significant sell downs. In 2020, most of our newly commissioned assets were onshore wind followed by solar. Cheers! 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.. And as you might have noticed that lately, we have not really entered the race of enhancement of gigawatt. We reshaped the portfolio by investing 7.7 billion CapEx and by disposing of 4.2 billion of assets. ENGIE has developed a strong platform in Client Solutions from which we can tap into the growth in this space. 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. What are you looking at? Overall, we currently estimate a potential net impact at the group COI and net recurring income group share level of between 80 million to 120 million. Net recurring income group share was in line with guidance but at the bottom end of the range. Theyre going into similar areas with Networks is an important aspect. Net interest expense was also slightly higher driven by negative FX and lower cash remuneration. So youve been talking about investment discipline. ENGIE announces that Catherine MacGregor took up her post as Chief Executive Officer of the Group on 1 January 2021. So for my question, the first is on the asset rotation. Compare Standard and Premium Digital here. And part of this feedstock sometimes continue to rely on coal. Yes. Her vision on ENGIEs transformation and development, her industrial and international track record as well as her leadership and managerial skills will fully contribute to the achievement of the strategic orientations announced at the end of July, the companys statement reads. We have already secured better pricing for 18% of our 2021 output at 46 per megawatt hour. For example, in addition to the Amazon contract that I mentioned earlier, ENGIE will supply 3 terawatt hours of renewable energy to the global chemicals group, INEOS, through a 10-year corporate PPA. And so were confident to be able to invest in lots of opportunities that Catherine talked about. All these strategic advances, which place our Group as a leader in the low-carbon transition, are the result of the exceptional commitment of all our teams! And if you look at what we announced on January 14 is indeed a smaller executive team, less members. But time will tell. Then potentially collaborate/partner with us for less than EUR 10 m in costs, together solving the crucially important 40% of the hours of the month. Harnessing 35 years of expertise to power the future of Energy and Water with data-driven solutions. And that will be something that we will be describing a bit more in details in May. A warm welcome as well to you, Catherine MacGregor. In terms of geography, we have a strong hold in Europe. No, absolutely. And second, its really focused and making sure that everybody pulls in the same direction. Biography [ edit] We support credit card, debit card and PayPal payments. Recharge is part of DN Media Group. Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. If so, do you have a view to what level? But the idea is that for the big production projects, we will give the Thermal people and the Thermal team, the responsibility to run those hydrogen production plans and projects because some of the skills are actually quite similar. Yes, two topics that you were talking about, Peter. The reversal of a positive internal one-off from the fourth quarter of 2019 offset in supply as well as the first effect of the RAB remuneration rate decreases also contributed to this lower COI in France. I was happy to see so many enjoying each others company. We have some core competencies. Following which, as usual, well open the lines for Q&A. Second, change in working capital requirements from activities, excluding energy management, had an impact of negative 200 million. Yes, its hard to give any precise guidelines on that because, of course, it depends on the M&A and greenfield mix, and it depends on the type of projects that youre after. A graduate of the Paris cole Centrale (CentraleSuplec), Catherine MacGregor has spent her entire professional career working in the energy sector, including 23 years with Schlumberger, the world's leading supplier of technologies for characterizing, drilling, producing and processing reservoirs for the oil and gas sector. De mme pour Angeles Garcia Poveda, prsidente du conseil d'administration de Legrand et Barbara Dalibard, prsidente du conseil de surveillance de Michelin. Okay. But ENGIE shares have gone, lets say, sort of sideways and even down a bit in that time. Is this happening to you frequently? https://www12.senado.leg.br/ecidadania/visualizacaoideia?id=167822. And so obviously, a decision that we communicated today is based on a scenario where it is unlikely that the lifetime extension happens. DN Media Group is the leading news provider in the shipping, seafood, and energy industries, with a number of English- and Norwegian-language news publications across a variety of sectors. And the second one is very bad timing. But just one observation is a key part of success, I think, for some of your peers has been laying out quite detailed guidance over a 3-year period. 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. We continued to put in place dedicated action plans, including OpEx reductions and G&A resizing. Siga o link abaixo e deixe seu apoio a esta poltica de incluso necessria ao nosso pas. We use Estabelecer as diretrizes legais e normativas para incentivar a contratao de pessoas com 50 anos ou mais nas organizaes privadas atravs da reduo de impostos sobre a folha destes empregados. We support credit card, debit card and PayPal payments. And I think, namely complexity is one thing. So can you be a little bit more specific about where the extra CapEx is being spent this year and how youve been able to ramp it up so quickly? First, you will hear from our new CEO, Catherine MacGregor, on the highlights of 2020, followed by our CFO, Judith Hartmann, on our financial performance. We have a French-regulated asset base of 28 billion, which makes us one of Europes largest gas network operators and a growing footprint in networks internationally. or On quick one on numbers, on guidance. Thanks to Faye Kirby and Rodica Roman for organizing the event and thanks to the many helpers! We see a huge potential for hydrogen, and we are already making significant progress in biomethane. Thank you, Sam, for this question. These projects could participate in the Belgium capacity remuneration market auctions in the second half of this year once approved by the European authorities. LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and to show you relevant ads (including professional and job ads) on and off LinkedIn. And I can confirm that the whole executive committee is passionate about moving along our strategy and enhancing our performance culture. Tax charges were 300 million lower mainly due to the decrease in profit. Or does it have its own game plan? Welcome also and again and similar thing for the CMD and midterm outlook, I would concur. Currently under construction is the 1,000-kilometer Gralha Azul project and the 1,800 kilometers Novo Estado project. 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.. Holidays ? Renewable #Gas: We continue to make progress, with 459 #biomethane production units connected to our networks in France, and with 5 of our #hydrogen projects in Europe selected to benefit from public aid from the European Commission. Ill start just to say that, I mean, youve identified, yes, two important aspects of our simplification efforts. And Im going to pass it on to Judith to comment maybe on the other questions. Yes. I'm looking forward to continuing to make a difference together. We also increased the share of renewables in our portfolio to 31%, and I will cover this in more details shortly. In Latin America, COI was up significantly, driven by the scope in effect and higher organic contribution of TAG, which, Im very pleased to say, has outperformed our expectations. So its a little bit of a total team, but we at this stage, that decision from the government hasnt been explicit. Two questions from me. Net income group share stood at negative 1.5 billion. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for 65 per month. So quite frankly, it is a normal run rate of dilution of 100 million when you look at a 2 billion debt reduction. https://noviocean.energy/novigenews-oeec-startup-award-green-tech-net-zero-future/ So in short obviously, its a topic we could talk for hours. Operator? She was in charge of the entitys IPO. And we will now take our next question from Vincent Ayral with JPMorgan. As we approach our annual SAP Concur Fusion customer event very quickly, this week was rehearsal time for me! We invested 1.5 billion of growth CapEx in 2020 mainly for the acquisition of 1.7 gigawatt of hydro assets in Portugal. Significant growth is also expected in the use of renewable gases to accelerate the energy transition. We are a smaller company than Engie normally would partner with. So I would like to hear your opinion, how maybe your story might be slightly different from electric renewables players, how we maybe think about the gas network as a funding option for the renewables growth. Elle est alors nomme prsidente New Ventures de TechnipFMC. Catherine MacGregor is currently Chief Executive Officer and Director at Engie - View - Engie org chart Create your alert to follow the career of Catherine MacGregor. Pour viter se gchis financier avec l'argent des franais The President & CEO of the Finnish grid company Fingrid Oyj, Jukka Ruusunen, D.Sc. Before I share my view on 2021, here are our 2020 financial highlights. In addition to EVBox, we expect to execute disposals of around 2 billion, aligned with the group simplification. And what is your philosophy there? https://noviocean.energy/documents/ Dans ce poste prestigieux et trs expos politiquement, elle succde Isabelle Kocher, partie le 24 fvrier 2020 et remplace provisoirement par Claire Waysand. Catherine will then come back and share our priorities. Now turning to Networks. The Board of Directors decided to appoint Catherine MacGregor as ENGIE Chief Executive Officer. Obviously, well give you more color on our ambition on renewables in May. Bereits 2025 wolle Engie wieder einen Gewinn von bis zu 4,7 Mrd. Weve seen peers in renewables showing a bit of a lack thereof of investment discipline, among other thing, the auction in UK offshore. And then your other question was related to the organization. She has spent her entire professional career working in the energy sector. Now its a little bit difficult for me to really be critical about the past. 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. Thank you very much, James, for your question. We are a media company, specifically facilitating the maritime and offshore industry. We think its important to have a system play on renewables. But is it bad? 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. . So Paulo, Ccile, Edouard and Sbastien will be obviously leading this organization effort, which I very, very much look forward to, indeed, seeing simplified over the coming months.