Are you working on a new organizational format? Current positions of Catherine MacGregor https://www.linkedin.com/in/catherine-fiamma-macgregor-3008171/. About Catherine MacGregor MacGregor became the CEO of French energy company Engie in January 2021. Engie board set to appoint Catherine MacGregor as new CEO In Client Solutions, overall, we are expecting a strong recovery from COVID, albeit with a relatively slower recovery for asset-light activities. 2020 was really a milestone year for ENGIE in the U.S. with nearly 2 gigawatts of this new capacity commissioned across four states, taking our total installed renewable generation there to over 3 gigawatts. Ses parents, d'origine corse et basque[1], sont professeurs. analyse how our Sites are used. So youve been talking about investment discipline. Enel nearly tripled, Orsted quadrupled. The second half of 2020 showed a strong recovery after second quarter, which has which was heavily impacted by COVID. commentary and analysis you can trust. 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? It was in this ramp-up that we were doing on renewability was the first time that we had significant sell downs. Areas of expertise ; More information, our agenda as well as the opportunity to register are available here: https://fusion.concur.com/. We invested 7.7 billion of CapEx in total. It honours and commits me. Comptences clefs . MacGregor said: I would like to thank the board of directors for the confidence it shows in me. We currently have leadership positions in all of these activities, and recent successes include a 30-year contract signed in Monaco to design, build, own and operate a seawater heating and cooling network that will enhance energy efficiency. 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. 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. For a full comparison of Standard and Premium Digital, click here. Her main mission was to prepare for the spin-off and IPO of Technip Energies, for which she put the energy transition at the heart of the strategy. Simply log into Settings & Account and select "Cancel" on the right-hand side. 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! Catherine Macgregor, Engie SA: Profile and Biography - Bloomberg Markets Bloomberg TV+ Bloomberg Markets European Close Bloomberg Markets European Close. We have progressed on simplifying the group. Compared to 2020 guidance, Im pleased that both EBITDA and COI stood above the ranges we indicated last summer. Elle est alors nomme prsidente New Ventures de TechnipFMC. Together, let's continue to make a difference! So I thought, on this occasion, it would be great if you could take a few minutes just to share with us sort of your perspective on why the last few years have been so difficult for ENGIE, why the 2016 asset rotation plan didnt really deliver in the end and why the current asset rotation plan may be more successful. We use And hydrogen, massive tailwind for ENGIE, massive tailwind because of it goes hand in hand with renewables. The COVID impact on our thermal activities was minimal with lower demand mainly in Chile and Peru. 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 in renewable energies and energy infrastructure such as cooling and heating networks. And we will now take our next question from Ajay Patel with Goldman Sachs. And then your other question was related to the organization. I have a couple of questions, 1 for Catherine and 1 for Judith. 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. The first one is on strategy. In addition, her appointment as a board member of Engie will be proposed for approval during the General Shareholders Meeting in 2021. Could you just give us an idea on the potential accounting impact of the operations that you are doing on this subsidiary? Okay. 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. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Good luck with the new role, Catherine. Catherine Fiamma MacGregor is an Influencer, https://noviocean.energy/novigenews-oeec-startup-award-green-tech-net-zero-future, https://www12.senado.leg.br/ecidadania/visualizacaoideia?id=167822. I look forward to working with her in the months and years to come to deliver the Groups strategic orientations. Price is going up. Elle s'intresse notamment l'utilisation de la sismique 3D pour la rcupration assiste du ptrole[5]. I look forward to continuing to work closely with our brothers in Azerbaijan, and our partners across Europe and around the world, to deliver on our shared clean energy ambitions. So no impact there, of course, on G&A reduction and about 800 million of assets. So two questions, please. Obviously, you did signal that youd be ramping up CapEx. Now Ill comment on the bridge from net recurring income group share to net income group share, which was negative 1.5 billion 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. Significant growth is also expected in the use of renewable gases to accelerate the energy transition. And then the second question is more for Judith. 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. We assume up to 100 million dilution effect at the COI level from approximately 2 billion disposals in addition to previously signed transactions. Net recurring income group share was within the guidance range, and Judith will cover financial performance in more detail shortly. Catherine MacGregor is an engineer and graduate of cole Centrale de Paris (CentraleSuplec). For example, we significantly enhanced our renewables footprint in the U.S. And then, of course, in terms of Thermal, we will be very opportunistic. On the 100 million, quite frankly, there isnt any unusuals that you should assume. Climate Week NYC 2021: Interview With Catherine MacGregor, CEO Of ENGIE 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. Pay my electricity bill of next year. Theyre going into similar areas with Networks is an important aspect. However, our results were ahead of our expectations on both metrics, and this was driven by the fact that the second half confinements were lighter in our main markets and that we adapted our processes, contributing to improved activity levels. Dans le SBF 120, on y trouve en tout 13 femmes DG et 12 . 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. A cycle, of course, could be 3, 4, 5 years depending on the country. #buckminsterfuller #trimtab #climatechange. 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. You can update your choices at any time in your settings. So without going into any specific, youre right to say that it does contribute to the simplification efforts. These projects could participate in the Belgium capacity remuneration market auctions in the second half of this year once approved by the European authorities. But really appreciate, thanks again ! Catherine Fiamma MacGregor on LinkedIn: nergie : la consommation de And Judith will give you a little bit of the background and more details on the rest. And so we are working really hard on these networks to find alternatives to use preferably renewables, things like biomass for example. We are expecting this to happen in a matter of weeks, following the closing of the SPAC transaction. I was happy to see so many enjoying each others company. We also suffer from the same crisis and have also contributed to this, especially in the Corona years. With respect to the recent extreme weather events in Texas, we are assessing the situation. or 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%. Yes. And Ill turn to Judith maybe for the cash flow from Nuclear. Recharge is part of DN Media Group. And so to in that respect, I think your comment might be valid. Euro erzielen. I think there was another question, which was related to the calendar. She has managed numerous complex industrial projects, both . Engie board set to appoint Catherine MacGregor as new CEO. is its Ocean Winds joint venture with EDPR. 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. What you would be looking for? And so were keeping 40%. personalising content and ads, providing social media features and to 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. MacGregor began her career at Schlumberger in 1995, where she spent 23 years in important positions on all continents. The biggest, of course, remains Renewables. We have a lot of experience over the years developed through our generation and thermal activity. The oldest executive at ENGIE SA is Francoise Malrieu, 73, who is the Independent Director. Notre lectricit est dj propre Thank you. And yes, let me start by saying also welcome and wishing you success in the new role. Find here the list of all the sessions presented by this speaker in order not to miss any of it. 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! 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. Read more about DN Media Group here. So firstly, theres step-up in CapEx in 2021 versus your sort of prior 10 billion 3-year plan. 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Judith, you want to answer the second question? Engie has been riven in the past by fights between chairman and CEO and is a company where the board plays a big role in shaping strategy. Catherine MacGregor chez Engie, Christel Heydemann, chez Orange, et Estelle Brachlianoff, chez Veolia, sortent du lot. This is what I am committed to. Elle y dirige des activits de forage au Congo, en Mer du Nord[3], aux tats-Unis, en Malaisie, au Royaume-Uni et en France[4]. Now the guidance for 2021. Tax charges were 300 million lower mainly due to the decrease in profit. First, operating cash flow was 1.1 billion lower, mainly reflecting the drop of EBITDA. We have a very nice digital platform to help us manage our assets better. Now that doesnt mean that we should not have discipline. Engie names Catherine MacGregor as new CEO - Offshore Energy I will now hand you back to Catherine for our 2021 priorities.
