Engie has launched Equans, a new global business to manage most of its services-led activity in several nations – including the UK & Ireland.
The strategy was heralded earlier this month by Engie CEO Catherine MacGregor and the brand will start to roll out across operations in the coming months.
The group states that bringing together these activities under the Equans identity creates a market leader in the sector with 74,000 employees and revenues of €12 billion. Equans will be present in 17 countries, mostly across Europe, but also with significant interests in North America, Latin America and Australia.
Equans, said the company, would provide focused support for its customers to enable them to make use of the energy, digital and industrial transitions, offering the expertise and services to help build a more efficient, safe and connected world.
In the UK & Ireland, all of ENGIE’s activity in technical services and facilities management, energy efficiency and regeneration – and its specialist energy-related capabilities (smart buildings, green mobility, district and embedded energy, and decentralised renewables) will form part of Equans. This will equate to a £2 billion revenue company, employing 13,500 people.
Equans will continue to be owned by Engie, but will have a dedicated management team and operating structure, to create the conditions to accelerate growth and service performance.
Nicola Lovett, CEO of Equans UK & Ireland, said the creation of Equans would place greater focus on its core services capabilities and provide new agility to deliver a market leading service for customers. “Operating under the Equans banner, we will be focused on unlocking further opportunities across the built environment as our partners continue to embrace a greener, more efficient and increasingly digital world.”
Jérôme Stubler, EQUANS CEO, added: “Equans is made of state-of-the-art expertise which totally responds to the needs of our customers in delivering solutions for the Energy, Industrial and Digital transitions. This is a great moment for the 74,000 employees all over the world who will form the new business. "
MacGregor commented: “We are proud to announce the creation of Equans, an autonomous entity within Engie, known in recent months under the project name ‘Bright’. We are on track to deliver on our simplification plan through the positioning of Equans as a leader in multi-technical services and reaffirming Engie as a leader in the energy transition, refocused on its growth markets and with a more industrial approach.”
Engie non-services UK activities in energy supply and power generation will remain part of the core Engie business, retaining the Engie name.
Image credit | Engie UK & Ireland