Great post Catherine Fiamma MacGregor! ENGIE - Catherine MacGregor, Chief Executive Officer of ENGIE from 1 Even if you ten-double the installations of these sources, the 40% remains. And so from a financial impact standpoint, unlikely to be a 2021 story. So when you will reinvest? Name: Katherine MacGregor Birth Year: 1925 Birth date: January 12, 1925 Birth State: California Birth City: Glendale Birth Country: United States Gender: Female Best Known For: Katherine. Revenue declined on a gross basis by approximately 900 million for the full year. Engie boosts asset sales as it targets 'doing less stuff' 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. 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. - Accompany our customers in their decarbonization strategies to face the climate emergency And so we are working really hard on these networks to find alternatives to use preferably renewables, things like biomass for example. Whilst the overarching priorities are clear, we now need to translate them into an action plan for consistent delivery. Before I say more on this, let me review the groups overall 2020 performance. So its a little bit of a total team, but we at this stage, that decision from the government hasnt been explicit. We also continued to benefit from the cost actions launched in the second quarter. We will then consider next steps and review future ownership options for the new entity in the second half, maximizing value and acting in the interest of all our stakeholders. So again, of course, I mean, it 2020 was heavily impacted. G&A was up mainly because of acquisitions, asset commissioning and accelerated amortization for some French gas distribution assets. France's Engie appointed an oil services executive to execute its strategy of refocusing the utility on renewable energy and grids, overlooking the internal candidate behind its new green strategy.. Engie said in a statement it had appointed Franco-American oil services firm TechnipFMC executive Catherine MacGregor as new CEO, effective Jan. 1, 2021. The Board of Directors decided to appoint Catherine MacGregor as ENGIE Chief Executive Officer. You can still enjoy your subscription until the end of your current billing period. #mixedfeeling :D Compared to 2020 guidance, Im pleased that both EBITDA and COI stood above the ranges we indicated last summer. At Climate Week NYC 2021, the CEO of ENGIE, Catherine MacGregor explains how ENGIE will actively participate in decarbonizing its emissions by 2030. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. One second, it will be over soon. Thank you, Emmanuel, for your questions. click here. The peer groups done very well. or And maybe more importantly, where do you see subsidiary in five years and what it could contribute to your P&L considering the potential growth of these assets? Thank you, Sam, for this question. On the renewables COI for 2020 of about 1.1 billion, basically, you can assume that the main contributors were hydro and wind, hydro about 700 million of that and wind was the rest. And as you might have noticed that lately, we have not really entered the race of enhancement of gigawatt. Her main mission was to prepare for the spin-off and IPO of this entity, with energy transition at the heart of the strategy. 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. And so were confident to be able to invest in lots of opportunities that Catherine talked about. And so were keeping 40%. Check if your And then, of course, now this partial sell down that were planning into a SPAC transaction. Currently, we have 3 gigawatts under construction for commissioning in 2021, and we are on track to achieve the 2019 target of commissioning 9 gigawatts in three years by the end of this year. How the biggest companies plan mass lay-offs, The benefits of revealing neurodiversity in the workplace, Tim Peake: I do not see us having a problem getting to Mars, Michelle Yeoh: Finally we are being seen, Our ski trip made me question my life choices, Apocalypse then: lessons from history in tackling climate shocks. Laut Konzernchefin Catherine MacGregor werde man im laufenden Geschftsjahr 2023 einen Gewinn zwischen 3,4 und 4 Mrd. And so obviously, a decision that we communicated today is based on a scenario where it is unlikely that the lifetime extension happens. This year is marked by the unprecedented energy crisis in Europe as a result of the tragic war in Ukraine. 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. On the 100 million, quite frankly, there isnt any unusuals that you should assume. Non Madame Holidays ? And also, 4 of them clearly align with the business activities that are core and are very much part of our strategic priorities. and other data for a number of reasons, such as keeping FT Sites reliable and secure, In her efforts to "simplify" Engie, MacGregor is moving from 25 business units to 4 globally, and . And Judith? Elle travaille pendant 23 ans chez Schlumberger. 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. All options for the sale of Equans, the newly-created services unit of French energy group Engie (ENGIE.PA), are being considered, including a possible listing, Chief Executive Catherine MacGregor . The Board of Directors announces the appointment of Catherine MacGregor Areas of expertise ; Now its a little bit difficult for me to really be critical about the past. Vocs conseguem nos apoiar? Thank you, Catherine, and good morning, everybody. 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. So quite frankly, it is a normal run rate of dilution of 100 million when you look at a 2 billion debt reduction. Est 53 centrales nuclaires qui vous donnent l'lectricit la moins chre au monde, This was partly offset by a temporary higher effective recurring tax rate at 32.5% in 2020 versus 28.2% in 2019. Current positions of Catherine MacGregor analyse how our Sites are used. So hopefully, this helps. Remember that for regulated activities, volume effects are recoverable in the short to medium term through the clawback mechanism and are, therefore, value neutral. Katherine MacGregor - Biography #buckminsterfuller #trimtab #climatechange. Yes. And as in the past, we will be very mindful of timing. And so the number that I quoted, which was the injection that we did last year, you start to see that it becomes meaningful. And I look forward to leveraging their strengths to deliver on a full agenda in such critical times for the energy industry and for ENGIE. COI decreased mainly driven by a 600 million impact from the pandemic. I just had indeed, I will stick to two questions as well, maybe a strategic 1 as well and a more detailed 1. Good luck with the new role, Catherine. On the next slide, you can see Client Solutions, which faced unprecedented headwinds in 2020. And then the second question is more for Judith. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. So Id be very interested to reflect to hear your first thought after you have looked at the market for gas. We have this 28 billion RAB, or regulated asset base, in France, which gives us this good visibility and predictability, which is a very nice complement to the renewable. Posted mercredi, avril 14 2021 Last month, with her feet barely under the desk, Catherine MacGregor was required to appear before the French senate's economic affairs committee be grilled on Engie's strategy. And the answer is yes. And the second one, if I may ask, around Client Solutions. So let me start then with your question on Thermal. Read more about DN Media Group here. I am very pleased that Jrme Stubler, who has more than 30 years' experience in the construction industry, joined us recently and will be leading this important project. Her professional and personal skills will be essential assets in accelerating ENGIEs transformation. Katherine MacGregor - Wikipedia In the summer of 2019, she chose to pursue her career in the energy industry by joining the executive committee of the TechnipFMC group to lead its onshore and offshore engineering and construction activities, Technip Energies. 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. We also increased the share of renewables in our portfolio to 31%, and I will cover this in more details shortly. Siga o link abaixo e deixe seu apoio a esta poltica de incluso necessria ao nosso pas. We are investing in our strategic priorities for long-term value creation. An example of the latter is the continued rollout of smart meters, where we installed an additional two million smart meters in France last year. 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.
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