I will try and stick to two questions, too. The President & CEO of the Finnish grid company Fingrid Oyj, Jukka Ruusunen, D.Sc. Thank you very much for your attention, and I would like to turn now the line back to the operator for the Q&A session. Thank you, Catherine, and good morning, everybody. Jusqu' l'arrive de Christel Heydemann la tte d'Orange en 2022, elle est la seule femme la tte d'une entreprise du CAC 40[7]. Please go ahead. In the past Ms. MacGregor held the position of President-Drilling Group at Schlumberger NV and Personnel Director at Oilfield Services Co. Ltd. Ms. MacGregor received an undergraduate degree from cole Centrale Paris. Her main mission was to prepare for the spin-off and IPO of this entity, with energy transition at the heart of the strategy. Thank you #HariPrasad #PulakPrakash #PallavGogoi #AmitGhosh, Player Representation and Scouting for F&F Sports, Two Cows Explain Economics Better Than Any Class And still on the asset rotation, this leaves you probably, I dont know, 12 billion of total proceeds, maybe overall when we put everything all together. Published on 2 October 2020 at 12:48pm EST on Uk.Reuters. COI decreased mainly driven by a 600 million impact from the pandemic. 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. Since 2007, she held multiple senior management including global positions as Group HR Director or head of strategic activities for the company. And also, 4 of them clearly align with the business activities that are core and are very much part of our strategic priorities. Ill start just to say that, I mean, youve identified, yes, two important aspects of our simplification efforts. Lastly, COI for other activities decreased as 2019 benefited from a positive one-off related to partial sale of a gas supply contract, in 2020 was impacted by COVID mainly due to credit losses for GEM. French Networks had limited COVID impact also mainly on distributed gas volumes. You have to keep in mind, about 200 million of that were related to SUEZ, which is now gone, of course. This higher tax rate included notably the adjustment of carrying value of some deferred tax assets and the one-off effect of the tax rate change in the UK. And then your other question was related to the organization. Sur cette version linguistique de Wikipdia, les liens interlangues sont placs en haut droite du titre de larticle. Aged 48 and a graduate of cole Centrale Paris, Catherine MacGregor began her career at Schlumberger in 1995, where she spent 23 years in important positions on all continents. Now that makes me and that makes the team, obviously, extremely motivated and optimistic that we are going to get the benefit from these tailwinds because, as a team, we are extremely focused in making sure that we do outperform, and outperform our peers, outperform the market. We are experts in sourcing projects, in dealing with permitting, land ownership issues, financing, partnering, environmental assessment and all that good stuff as well as aspects of social acceptability, which is really important in the development of renewables as you know. So you say the inflection on the strategy last summer, ENGIE already has started pretty fast on that as you flagged. Standard Digital includes access to a wealth of global news, analysis and expert opinion. On the 100 million, quite frankly, there isnt any unusuals that you should assume. In emerging markets, the importance of gas is driven not just by economic growth but also by reducing exposure to higher emitting sources such as coal. Dans le SBF 120, on y trouve en tout 13 femmes DG et 12 . But when you think about where that green hydrogen will be produced and where it will be consumed, the fact that we have infrastructure to transport this hydrogen, potentially to store this hydrogen will play to our strength. These factors, together with a track record in decentralized infrastructure and a fast-growing position in renewable gases, means we are very well placed indeed. Together, let's continue to make a difference! The ability to manage risk, we see mature risk increasing in the renewable arena, and we are really good at that. A warm welcome as well to you, Catherine MacGregor. I think, as you pointed out, theres been a little bit of a race to gigawatts. Elle est alors nomme prsidente New Ventures de TechnipFMC. Thats a good clarification. En 2020, elle est pressentie pour diriger Technip Energies, une socit en cours de cration base Paris d'environ 12000personnes issue de la scission de TechnipFMC en deux entits spares. DN Media Group is the leading news provider in the shipping, seafood, and energy industries, with a number of English- and Norwegian-language news publications across a variety of sectors. Catherine MacGregor chez Engie, Christel Heydemann, chez Orange, et Estelle Brachlianoff, chez Veolia, sortent du lot. ENGIE SA (OTCPK:ENGIY) Full Year 2020 Earnings Conference Call February 26, 2021 4:00 AM ET, Aarti Singhal Director of Investor Relations, Catherine MacGregor Chief Executive Officer, Judith Hartmann Chief Financial Officer. Euro erzielen und am Vorhaben festhalten, jhrlich 65 . From November 1st DN Media Group is responsible for controlling your data on Recharge. Pour les articles homonymes, voir MacGregor. As CEO of ENGIE, I am particularly proud of what we have achieved with our teams. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for 65 per month. Hopefully, thats an easy one, but would be very helpful. For cost savings, you can change your plan at any time online in the Settings & Account section. Its been a period in which the sector was exceptionally strong. I think these are really, really good questions. And I think, namely complexity is one thing. Elle travaille pendant 23 ans chez Schlumberger. But where should we be hoping that Supply COI gets back to either this year or perhaps over the medium term? Welcome to the sector, indeed. On your two questions, 1 was on the tax rate. From 2019 to 2020, she was a member of TechnipFMC Executive Committee and the head of Technip Energies, These headwinds were partially offset by various one-offs, including an internal negative 2019 one-off mirrored in Networks. And while were not going to grow it at the same rate as Renewables and Networks, we will be opportunistic in managing this fleet. And then the last thing I would want to mention, too, is on the positive side of this decision, is this will help us reallocate some earmarked, lets say, CapEx into, again, our growth opportunities in Renewables and in Networks. We will make sure that we get the right price. Now this is mainly provided by fossils, the reason CO2 emissions are increasing since 2015, not decreasing. Head of Core Laboratories US - Alpharetta Site Manager, Thanks to Solvay Alpharetta employees Michael O'Keeffe and Edna Carbajal for reaching out to students in Dawson county GA for their junior high school career fair and mock interview days. And given that theyre contracted, to maybe accelerate other areas of the business? In Nuclear, following the announcements of the Belgian government in Q4 2020, it has been decided to stop all preparation works that would allow a 20-year extension of two units beyond 2025, as it seems unlikely that such an extension can take place given the technical and the regulatory constraints. And so we have assumed a very strong recovery like we have seen it in the second half. Engie board set to appoint Catherine MacGregor as new CEO. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. 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. We strengthened our leadership in green bonds having issued 2.4 billion green bonds in 2020 for a total of 12 billion since 2014. Compare Standard and Premium Digital here. We have a team of about 300 developers who are really good at what they do. Remember that for regulated activities, volume effects are recoverable in the short to medium term through the clawback mechanism and are, therefore, value neutral. https://lnkd.in/ea25krWt In addition to EVBox, we expect to execute disposals of around 2 billion, aligned with the group simplification. And side comment also on this is that our employees are obviously very excited about renewable as being a growth center of a growth engine for us in ENGIE, so as well as obviously being a key goal of our ESG road map. At Climate Week NYC 2021, the CEO of ENGIE, Catherine MacGregor explains how ENGIE will actively participate in decarbonizing its emissions by 2030. But the idea is that for the big production projects, we will give the Thermal people and the Thermal team, the responsibility to run those hydrogen production plans and projects because some of the skills are actually quite similar. There is a very, very strong will power within the team to do that. La situation en France depuis plus de 50 ans Dans intrt de la France, Since 2007, she held multiple senior management including global positions as Group HR Director or head of strategic activities for the company. Currently, we have 3 gigawatts under construction for commissioning in 2021, and we are on track to achieve the 2019 target of commissioning 9 gigawatts in three years by the end of this year. So first to reiterate on that, we are very pleased with our position on renewables, and we are leader in France. Minority interests were lower mainly due to lower contributions from our listed entities in Latin America and to the scope effect of Glow. 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. Im a lot looking forward to presenting the regional EMEA address on March 1st together with my dear colleague Ryan Demaray. And of course, hydrogen as it gets developed, indeed, could be very much more linked to power than maybe gas was in the past. Areas of expertise ; Strong management actions allowed us to variablize and reduce total OpEx by approximately 300 million. And sorry, just a follow-up on the CapEx. We support credit card, debit card and PayPal payments. Biography. Catherine MacGregor - Chief . A key part of that strategy is its Ocean Winds joint venture with EDPR, which has set out its stall as a global leader in offshore wind. This impact was partially offset by higher achieved prices for our hydro power production and higher volumes produced mainly by our wind assets. Elle est ingnieur, diplme de l'cole centrale Paris, dont elle sort en 1995. https://www.linkedin.com/in/catherine-fiamma-macgregor-3008171/. Let me now focus on the evolution of net debt and on our leverage ratios. Both include the construction of new substations and upgrades to existing substations and are expected to be commissioned in the second half of this year. EBITDA and COI were both down significantly from last year mainly due to the impact of the pandemic. Stepping back. You have, of course, in mind, that we have committed to fund our waste provision until 2025. So all of the work that we started last year and that we are doing as part of this consultation is to bring these activities into a coherent entity, and this is really happening now with a commonality in terms of mtier, activity type, expertise, purpose and also industrial project. #solvaylife #workculture #lovemyworkfamily, Celebrating our diverse HR team during the HR Seminar in UAE. We have a strong position in Brazil, in Peru, in Chile. Elle devra y appliquer une stratgie dfinie par le conseil d'administration prsid par Jean-Pierre Clamadieu[6]. But is it bad? Notre lectricit est dj propre The current total coupon of 100 million per year has been reduced by 28% since 2017. personalising content and ads, providing social media features and to Yes. And then the second question is more for Judith. On the strength of our shared industry culture and my operational experience, I will work with all of our teams to achieve our goal of enabling Engie to accelerate the energy transition.. CFFO was 7.1 billion in 2020, down 500 million versus 2019, mainly driven by the following effects. We remain committed to a strong investment-grade credit rating and continue to target a ratio of below or equal to four times economic net debt to EBITDA over the long term. Renewable #Gas: We continue to make progress, with 459 #biomethane production units connected to our networks in France, and with 5 of our #hydrogen projects in Europe selected to benefit from public aid from the European Commission. Included within this guidance is an estimated impact that follows the extreme cold weather in Texas earlier this month. We assume up to 100 million dilution effect at the COI level from approximately 2 billion disposals in addition to previously signed transactions. So Paulo, Ccile, Edouard and Sbastien will be obviously leading this organization effort, which I very, very much look forward to, indeed, seeing simplified over the coming months. And this is something, obviously, that we are going to continue and push. I look forward to working with her in the months and years to come to deliver the Groups strategic orientations. Curious as to what my Linkedin connections think. Problem: 40% of the hours of the month there is minimum wind and zero sun. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. 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%. But ENGIE shares have gone, lets say, sort of sideways and even down a bit in that time. We also continued our relentless pursuit of simplifying the group. And as a result, the second half of 2020 was actually similar to H2 2019 on an organic basis. Ocean Winds to rival Orsted as Engie and EDPR unveil new offshore giant, Only female CEO of a major European utility sacked by board. Again, especially when it comes to replace when it replace coal. So indeed, were going from 4 billion of growth CapEx to 5.5 billion, 6 billion in 2021. You mentioned that you would also phase out coal in district heating. But on defining the structure, does that mean we have a disposal in Q3, Q4? Before I say more on this, let me review the groups overall 2020 performance. To Engie in my case. You can still enjoy your subscription until the end of your current billing period. And so our thermal fleet has a very, very important role to play there. We have in the U.S. the largest development pipeline. This was notably due to the discounting of liabilities related to hydro concessions in Brazil that are indexed to inflation and which increased significantly in 2020. Also on the same point, risking up or risking down in the future strategy, what is your view on how the risk profile for ENGIE should change going forward? We have ambitious goals to continue to simplify ENGIE at pace to play a key role in accelerating the energy transition and to focus on the long-term profitable growth of the group. Is it something that could be you realize value of and take advantage of low rates? As always, my team and I are here to assist you, so do please reach out. By Gwnalle Barzic and Geert De Clercq. ENGIE SA (OTCPK:ENGIY) Full Year 2020 Earnings Conference Call February 26, 2021 4:00 AM ETCompany Participants. And so every year, we will allocate capital to that, and thats 1.3 billion a year. And so were confident to be able to invest in lots of opportunities that Catherine talked about. Her professional and personal skills will be essential assets in accelerating ENGIEs transformation. So I was wondering whether you could share some thoughts on perhaps where you might be able to get back to perhaps over the medium term in that business? They represent a key long-term growth engine for the group. We have progressed on simplifying the group. I want to take advantage also to clarify on a question that I was asked earlier on the nuclear impairments and the impact on D&A. By 2050, over $15 trillion are expected to be invested in power generation globally with over 70% in renewables. or Is this happening to you frequently? Chief Executive Officer at NOVIGE AB, Mission Innovation Champion, Innovator of the Year, Seal of Excellence European Commission, Propeller Prize - Stena Line 2mo Glad to see all the progress. 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. Education Catherine MacGregor has obtained a degree from CentraleSuplec in 1995. Anyone whos keen to learn more about the topics that are currently driving our industry is more than welcome to attend the event! Recharge is part of DN Media Group AS. One second, it will be over soon. Does this mean that Equans is now getting nothing? Finally, on Client Solutions, we see a strong growth potential driven by decarbonization and energy efficiency, especially in heating and cooling networks, on-site generation, and green mobility among other asset-based solutions. And we will now take our next question from Ajay Patel with Goldman Sachs. We expect financial performance to improve significantly from 2020 driven by a combination of strong recovery from COVID impacts, growth in renewables and international networks, improved nuclear availability and higher achieved price, and reversal of warm weather effects. https://waves-energy.co/maps/. Then rapidly followed: "what am I gonna use that for ? And so obviously, a decision that we communicated today is based on a scenario where it is unlikely that the lifetime extension happens. , Dear Catherine, Within this guidance, we have included our current estimate of the potential impact. Yes. Son profil de spcialiste, sa connaissance des enjeux oprationnels et des mtiers de l'nergie, son exprience internationale sont autant d'atouts pour le groupe and other data for a number of reasons, such as keeping FT Sites reliable and secure, Great post Catherine Fiamma MacGregor! is its Ocean Winds joint venture with EDPR. In recognition of their outstanding contribution in this energy crisis, given the inflationary context and our financial performance, we have decided to award an extraordinary bonus of 1500 to all ENGIE employees worldwide. Some of your peers there have convinced the market that they transitioned to hydrogen. and other data for a number of reasons, such as keeping FT Sites reliable and secure, Why the effort to reorganize this entity given the strategic review regarding a potential disposal? And if you look at what we announced on January 14 is indeed a smaller executive team, less members. Thank you. Last but not least, visiting BV head office in Mumbai and meeting SSC and SAR management team. 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. #mixedfeeling :D During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. And weve announced that there might be a second step, but we will obviously cross that bridge when it comes to it. ), has announced that he will retire on 31 CGG announced today (March 2) the appointment of Jrme Serve as Group Chief Financial Officer. CEO - Engie. So when you will reinvest? France's Engie appointed an oil services executive to execute its strategy of refocusing the utility on renewable energy and grids, overlooking the internal candidate behind its new green strategy.. Engie said in a statement it had appointed Franco-American oil services firm TechnipFMC executive Catherine MacGregor as new CEO, effective Jan. 1, 2021. Warm temperatures in the first half also weighed on energy consumption, mainly in France, for B2C gas volumes. Lower results from SUEZ also impacted Client Solutions COI by approximately 160 million. In addition, her appointment as Board member of the Group will be proposed for approval during the General Shareholders Meeting in 2021. Were very pleased. [Operator Instructions] We will take our first question from James Brand with Deutsche Bank.
Oklahoma State Employee Salaries 2022, Bmf Bleu Davinci Snitched, Articles C
Oklahoma State Employee Salaries 2022, Bmf Bleu Davinci Snitched, Articles C