ENGIE Group has established what it claims is a simpler organisational structure. The new set-up took effect on July 1.
The group’s stated aim is to bring greater simplicity in the way it is managed, create better operational performance with an increased focus on core businesses, and offer more efficiency through pooling the support functions.
ENGIE’s CEO Catherine MacGregor unveiled the strategic roadmap in May to reaffirm ENGIE as a leader in energy transition.
In the UK, & Ireland, all of ENGIE’s activity in technical services and FM, energy efficiency and regeneration are now part of EQUANS. The new entity also includes specialist energy-related capabilities: smart buildings, green mobility, district and embedded energy and decentralised renewables.
EQUANS is an autonomous business within ENGIE Group – with its own management team and operating structure to help further accelerate growth and service performance. It supports its customers by mobilising its expertise to provide low-carbon energy solutions, offer cutting-edge technical and FM services and transformative regeneration in the UK & Ireland. From homes to cities, hospitals to the heart of government, offices to industry.
The new structure comprises:
- Four global business units (GBUs): Renewables, Energy Solutions, Networks, Thermal & Supply. These four GBUs, which reflect the group's core businesses, will have accountability for their respective financial performance.
- A geographical platform structured with regional hubs for pooling the support functions, coordinating the entities at country level, that will be in charge of managing the group's local stakeholders and leveraging synergies across activities.
- EQUANS will operate as an autonomous entity within ENGIE, managed by its CEO Jérôme Stubler and his management team. It has 74,000 employees in 17 countries and annual revenue of over €12 billion, EQUANS is a new global leader in multi-technical services, strongly positioned in growing markets.
The company said: “Industries, cities and businesses face unprecedented, ever-renewing challenges. The energy, digital and industrial transitions are redesigning the way we use and optimise energy, the way we move, work and live.
“Buildings are increasingly efficient and intelligent, transport greener and connected, industrial production improved and controlled.”
EQUANS is present in 17 countries, mostly across Europe, but also has interests in North America, Latin America and Australia.
Image credit | ENGIE