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Suez was (and remains, through GDF Suez) one of the oldest continuously existing multinational corporations in the world, with one line of corporate history dating back to the 1822 founding of the Algemeene Nederlandsche Maatschappij ter begunstiging van de volksvlijt (literally: General Dutch Company for the favouring of industry) by King William I of the Netherlands (see Société Générale ...
In October 2009, GDF Suez placed 6th in an A.T. Kearney/BusinessWeek ranking of the "World's Best Companies", the highest-placed European firm. [21] On August 10, 2010, the company announced a merger of its GDF SUEZ Energy International business unit, along with its operations within the United Kingdom and Turkey, with International Power.
20 January 2011, GDF Suez, Iberdrola and RWE pulled out of the project, following ČEZ which had already left in 2010, citing "Economic and market-related uncertainties surrounding this project, related for the most part to the present financial crisis, are not reconcilable now with the capital requirements of a new nuclear power project". [7]
On 16 April 2012, GDF Suez announced the purchase of the remaining 30% of International Power and the transaction closed in July 2012. [ 5 ] International Power has a pipeline of large projects in the emerging markets ; namely South America, the Middle East, South-East Asia - representing approximately 13 GW generating capacity and expected to ...
Distrigas of Massachusetts, a Liquified Natural Gas (LNG) operator in North America, owned by GDF Suez; GDF Suez Romania (former Distrigaz Sud), a Romanian natural gas company; E.ON Gaz Romania (former Distrigaz Nord), a Romanian natural gas company
The company also owns a 50% stake in the Arad–Szeged pipeline, a natural gas pipeline from Arad in Romania to Szeged in Hungary, with a length of 109 km (68 mi) and a transport capacity of 4.4 billion cubic meters (0.15 Tcf) per year, [24] a 16.67% stake in the Nabucco pipeline, a natural gas pipeline from Erzurum in Turkey to Baumgarten an ...
Gaz de France (GDF) – Prime minister Dominique de Villepin announced a merger between GDF and Suez; since the state owns 80% of GDF, a privatization of GDF would require the passing of a new law; the state would control only 34% of the capital of the new group: see commentary.