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engie

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engie - Energy & Power showcase

Year Founded & Workforce

2008

170,000 Employees

Industry

Energy & Power

Services

Solar
E

engie Employee Contacts

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engie Overview

Company Headquarters: France

Founded: 2008

Workforce: ~170,000

Company Working: Engie is engaged in the business of designing, manufacturing, and distributing clean and efficient energy

equipment and services in the global market. It operates through seven business segments, including client solutions, networks,

renewables, and thermal. The company offers its off-grid solar equipment through its renewables segment. Some of the other major

products the company offers through the renewables segment include equipment and services for clean energy sources, including

wind, geothermal, biogas, and hydropower. The company has a presence in several countries across the globe, including Canada,

Mexico, France, Belgium, and Brazil.

Strategy

Engie plans to divest from activities in some business areas and strengthen its market position through mergers and acquisitions. It

focuses on research & development in its energy management division to offer advanced products for clients in the global market.

The company’s primary vision is to reduce carbon emissions from various energy sources by increasing the use of technologically

evolved renewable energy sources

Company Snapshot

170,000

Employees

2008

Founded

France

Headquarters

SWOT Analysis

Strengths

  • Focus on enhancing its research & development capabilities
  • Reliable supply chain network

Weaknesses

  • High reliance on third parties for raw materials

Opportunities

  • Increasing demand of off-grid solar equipment in Africa

Threats

  • Highly competitive market
  • Variability in exchange rates and trade policies

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Key Developments

DateApproachDevelopment
September 2019Merger & AcquisitionEngie announced that it completed the acquisition of Mobisol, a major solar solutions provider in Sub-Saharan Africa. This acquisition helped increase Engie’s market share in the region.

Product Offering

  • Engie
    • Solar

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: 2016 was USD 70,040 Mn in 2019.
engie — By Business Segment
Series (USD Mn)2019
201670,040
201773,225
201864,906
201964,349

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