Business & Finance, Europe, New Development

GDF Suez announces corporate rebranding, becomes ENGIE

French utility and global hydropower plant operator GDF Suez has announced it has changed its name to ENGIE.

The rebranding comes in an effort to further expand the company’s international footprint, ENGIE said in a release, while refining its corporate philosophies.

“The energy transition is more than ever a reality for which we have both great ambitions and a great responsibility,” chairman and CEO Gerard Mestrallet said. “To meet the new challenges of this reality and to accelerate our development, we have decided to give the group a new name.”

The company’s new logo features a rising sun over its new slogan, “By People for People” — both of which will be displayed prominently in an announcement campaign that is already under way.

ENGIE has a presence in more than 70 countries and operates a portfolio that includes both conventional and non-conventional hydroelectric generating assets.

HydroWorld.com reported in February that nearly half of the turbines at the GDF Suez-operated 3,7650-MW Jirau project in Brazil had been commissioned.

A group that also includes Alstom was selected to equip a tidal energy pilot project near the port of Cherbourg in France’s Lower Normandy Region this past December.

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