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In July 2015, the group Suez Environnement simplified its name to become Suez, after the group GDF-Suez changed its name to Engie, leaving the name Suez available again. [6] In September 2015, Suez acquired Sembcorp's 40% stake in the companies' common joint-venture to provide water treatment and waste management in Australia. [7]
In December 2010, GDF SUEZ became the key founding member of the 'Medgrid' company [25] – a consortium of twenty plus utilities, grid operators, equipment makers, financing institutions and investors; which will implement the Medgrid project, a French renewable energy initiative within the framework of the Union for the Mediterranean (UfM).
On 2 September 2007 the boards of directors of Gaz de France and Suez approved the new framework for the planned merger between the companies. The newly created company, GDF Suez, came into existence on 22 July 2008; the world's second-largest utility and a group of €74 billion of revenues. [13]
Historically each department, subsidiary or branch of Gaz de France group had their own IT service department. After the merger of Gaz de France and Suez in 2008, the strategy was to pool all IT services of the two energy groups (and also Suez Environnement group) and in 2010 President Gérard Mestrallet commissioned senior executive Jean-Michel Carboni in charge of DSI to launch the ...
European Distributed Energy Partnership (EU-DEEP) is a large research project supported by the European Union (EU) and coordinated by GDF Suez.Started in 2004, the project gathers 41 organizations around the common objective of removing the main barriers to massive deployment of distributed energy resources (DER).
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 ...
Suez S.A., known from 1997 to 2001 as Suez-Lyonnaise des eaux, was a leading French multinational corporation headquartered in the 8th arrondissement of Paris, [1] with operations primarily in water, electricity and natural gas supply, and waste management. Suez was the result of a 1997 merger between the Compagnie de Suez and Lyonnaise des ...
In 2005, Suez increased its stake to 96.7% and a squeeze-out of the remaining shareholders was completed on 10 July 2007, when the company was delisted from the stock exchange. Following Suez's 2008 merger with Gaz de France , Electrabel became a subsidiary of GDF Suez, which changed its name into Engie in 2015.
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