catherine macgregor engie bio catherine macgregor engie bio

The first one regarding the network convergence. Check if your As we approach our annual SAP Concur Fusion customer event very quickly, this week was rehearsal time for me! Her professional and personal skills will be essential assets in accelerating ENGIEs transformation. It is important to say that our renewables growth ambition is not about entering a gigawatt race. The Board has reaffirmed the groups dividend policy and proposed for 2020 a payout ratio of 75%, which is at the top end of the range. And so were confident to be able to invest in lots of opportunities that Catherine talked about. 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? And so we have assumed a very strong recovery like we have seen it in the second half. It honours and commits me. Also from my side, Catherine, a very warm welcome to the sector and wishing you all the best. 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? Thats one thing. Chief Executive Officer at NOVIGE AB, Mission Innovation Champion, Innovator of the Year, Seal of Excellence European Commission, Propeller Prize - Stena Line, Glad to see all the progress Engie is doing in becoming a renewable leader. Son profil de spcialiste, sa connaissance des enjeux oprationnels et des mtiers de l'nergie, son exprience internationale sont autant d'atouts pour le groupe Read more about DN Media Group here. 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. And then just another one on guidance. Precisamos de 20.000 apoios para que a ideia se transforme em lei. I was happy to see so many enjoying each others company. In this uncertain environment, ENGIE's strategy for a balanced, affordable, and resilient energy mix has proven its relevance and we have stayed on track! 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. We have ambitious goals to continue to simplify ENGIE at pace to play a key role in accelerating the energy transition and to focus on the long-term profitable growth of the group. Overall, we have 100 cooling networks with a total installed capacity of 6.1 gigawatts and 300 heating networks of various sizes that distribute 19 terawatt hours yearly. But is it bad? 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 just wanted maybe to clarify that the government has not explicitly made the decision. But ENGIE shares have gone, lets say, sort of sideways and even down a bit in that time. We expect EBITDA to be in the 9.9 billion to 10.3 billion range, COI to be in the 5.2 billion to 5.6 billion range, and net recurring income group share to be in the 2.3 billion to 2.5 billion range. Its two and probably a little bit more early. 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. Our environment is changing. Judith? You will remember last year, we had close to 200 million, which was really driven by 2 things or 2019, sorry, we had roughly 200 million, 2 things. Compared to 2020 guidance, Im pleased that both EBITDA and COI stood above the ranges we indicated last summer. Catherine MacGregor - Chief . Select Accept to consent or Reject to decline non-essential cookies for this use. Okay. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Operator? And then, of course, right after that, you have hydrogen. organisation You may now disconnect. And maybe Ill just say a few things, and Ill pass on to Judith, just to say that the Client Solutions project is a big project. So in general, we have 31-gigawatt portfolio. 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. Regarding Client Solutions project backlog, we recorded a total increase of 5% since December 2019, representing approximately 13 months of activity. These headwinds were partly offset by the outperformance of GEM activities on the back of market volatility. Iberdrola shares nearly doubled. You mentioned diversity of vast diversity of business line, et cetera. Compare Standard and Premium Digital here. These projects further cement Masdars position as a leading clean energy powerhouse, helping Azerbaijan to unlock its tremendous clean energy potential. 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. 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. Elle est ingnieur, diplme de l' cole centrale Paris, dont elle sort en 1995. To Engie in my case. Welcome also and again and similar thing for the CMD and midterm outlook, I would concur. And still on the asset rotation, this leaves you probably, I dont know, 12 billion of total proceeds, maybe overall when we put everything all together. Its been a period in which the sector was exceptionally strong. We see a huge potential for hydrogen, and we are already making significant progress in biomethane. As we are reminded by extreme events, such as the recent ones in Texas, it is critically important that decarbonization of the energy mix is both reliable and affordable. Our greenhouse gas emissions from power production reduced 9% to 68 million tons as the share of coal has further decreased in 2019. Stepping back. 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. Every Friday at a quarter past 10, the fire alarm. The 281 million year-on-year COI decrease notably reflects warm temperatures and higher D&A in France. Lets now look at the outlook for 2021 starting with our capital reallocation to fund growth. We have a team of about 300 developers who are really good at what they do. Thank you very much, James, for your question. Dans intrt de la France, She has spent her entire professional career working in the energy sector. 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. This is what I am committed to. Alongside renewables, we are also developing projects of up to 3 gigawatts of gas-fired generation. #solvaylife #workculture #lovemyworkfamily, Celebrating our diverse HR team during the HR Seminar in UAE. cookies 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 expect to invest between 5.5 billion and 6 billion in growth CapEx with over 90% allocated to our strategic priorities. Since 2007, she held multiple senior management including global positions as Group HR Director or head of strategic activities for the company. A very fine, humane gesture that you promised your ENGIE colleagues. Yes. They represent a key long-term growth engine for the group. 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. The ability to manage risk, we see mature risk increasing in the renewable arena, and we are really good at that. So the what is happening here in France on biomethane is actually quite real, and so we are now looking at potentially having sufficient volume to fully displace what will be needed in gas at the 2050 horizon. #solvaylife #futureemployees #career #mockinterviews, Bringing some sun and fun to the Solvay Alpharetta site in February, employees and friends enjoyed an Hawaiian themed luau complete with ukulele music from Jason Chung and Ryan Carey. We will now take our next question from Emmanuel Turpin with Societe Generale. First, operating cash flow was 1.1 billion lower, mainly reflecting the drop of EBITDA. Thanks to Faye Kirby and Rodica Roman for organizing the event and thanks to the many helpers! We will make sure that we get the right price. For the first part of the transactions, you mentioned the first buyout of or rather the buyout of a part of your minorities in Latin America. Hopefully you can also take this into account? Delivering on decarbonization while ensuring reliability and affordability can only be achieved through a combination of centralized and decentralized solution and with a mix of energy sources. is its Ocean Winds joint venture with EDPR. On the other hand, we, obviously, want stability in a power system. Now turning to Networks. By 2050, over $15 trillion are expected to be invested in power generation globally with over 70% in renewables. In Renewables, we expect growth from asset commissioning in the United States from higher achieved prices for French hydro and from the potential positive effect of the CNR concession extension. 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. For example, last year, 91 additional biomethane production units were connected to the French gas grids, and over 85% of these were connected to GRDF. EBITDA and COI were both down significantly from last year mainly due to the impact of the pandemic. She is the only female CEO in France's CAC-40 stock index; French Finance Minister Bruno. Regarding COVID, our projections assume restrictions similar to the fourth quarter 2020 and a gradual easing over 2021. commentary and analysis you can trust. 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. 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. We are investing significantly in these activities to ensure safety and reliability as well as improving energy efficiency. We do believe that its important to keep return in mind whenever we bid, and there is no must-win auction in ENGIE. Congratulations Engie. It was in this ramp-up that we were doing on renewability was the first time that we had significant sell downs. Live from New York and. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. The French group last year pledged to invest 12bn ($13.1bn) in its 2019-21 energy transition programme, and was on track to install 9GW of renewables in that period. 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 about 1% of French consumption that was injected, so and thats 2021 or 2020, rather. And Im going to pass it on to Judith now for the COI details on Renewables. So if we have opportunities, which, from an energy transition makes sense, because, for example, they would replace coal or even worst, fuel assets and bring a solution of flexibility to the system is something that we might consider. 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.. COI decreased mainly driven by a 600 million impact from the pandemic. 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 . Onshore wind can be 1.5 years. I will try and stick to two questions, too. Her main mission was to prepare for the spin-off and IPO of this entity, with energy transition at the heart of the strategy. 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 assume up to 100 million dilution effect at the COI level from approximately 2 billion disposals in addition to previously signed transactions. And second, its really focused and making sure that everybody pulls in the same direction. personalising content and ads, providing social media features and to Let me start with your second question, and then I will hand over to Judith, who will go through the details of the impairment impact, if you dont mind, Rob. We continue to develop these activities, including through an acquisition of the worlds largest district cooling scheme in Dubai, allowing us to increase our DHC net installed capacity by 9%. And then the second one, its for Catherine. Thats what Id like to understand because we need to consider whats the dilution of as well the midterm period, not only 2021. MacGregor joins Engie as it embarks on a major push into renewables and clean energy. In addition to EVBox, we expect to execute disposals of around 2 billion, aligned with the group simplification. Lets now move to our Supply, Nuclear and Other 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? This higher tax rate included notably the adjustment of carrying value of some deferred tax assets and the one-off effect of the tax rate change in the UK. As you put a fresh perspective into this organization, do you see room for improvement in terms of organization? 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. Turning to our major focus areas starting with Renewables. 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. Recharge is part of DN Media Group. 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. I would like to take this opportunity to thank all ENGIE employees who have worked so hard to deliver critical services for our customers in unprecedented conditions. Financial net debt decreased by 3.5 billion to 22.5 billion from December 2019 primarily due to disposal proceeds. 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. So without going into any specific, youre right to say that it does contribute to the simplification efforts. 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. Thanks to Faye Kirby and Valencia Anderson for setting up the display and sharing books written by black authors. Please. It is such an exciting time to have joined ENGIE, exciting time for the group and for the energy industry as a whole. Is it something that could be you realize value of and take advantage of low rates? The second half showed a clear recovery with less stringent confinement measures but also with improved processes and protective equipment for our teams.