GDF Suez has changed its brand name to ENGIE, as well as the logo of the company.
The new brand name adopts the rising sun as its logo, symbolizing a new day in the world of energy, ENGIE’s press release reads.
The company changed the name as the answer to the changing energy sector which is becoming more efficient through decarbonisation and development of renewable energy sources, as well as reduced consumption.
Gérard Mestrallet , Chairman and CEO of ENGIE, said: “The energy transition is more than ever a reality for which we have both great ambitions and a great responsibility. To meet the new challenges of this reality and to accelerate our development, we have decided to give the Group a new name: ENGIE. It is an easy name and one that is powerful, a name that evokes energy for everyone and in all cultures, a name embodying our values and activities.
“We thus confirm our new ambition and the dynamics of change that drive our Group. This new name is an expression of our new corporate ambition whose conduct I entrusted to Isabelle Kocher, Deputy CEO and Chief Operating Officer. With a presence in 70 countries throughout the world and across every energy source, ENGIE aspires more than ever to be the benchmark energy player in fast growing markets and the energy transition leader in Europe.”
ENGIE is a global energy player and an expert operator in the three key sectors of electricity, natural gas and energy services.
In December, 2014, ENGIE, together with Alstom, was chosen to develop a pilot tidal energy farm at Raz Blanchard, France. ENGIE recently announced that renewable energy plays central role for the company revealing the plans to double its renewables capacity in Europe by 2025.
Image: ENGIE