Engie is one of the world’s largest Independent Power Producer (IPP), with more than 100 GW in operation globally. Together with our 96,000 employees and with installed renewable asset base of 40 GW+, we are committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally friendly solutions. Inspired by our purpose (“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. Engie aims to set up a renewables base of 50 GW by 2025 and 80 GW by 2030 across the globe.
As a business, ENGIE’s predecessors first formed in 1822, with the Suez Canal being one of our first major infrastructure projects in the 1860s. In 2006 our utilities businesses were consolidated as Gaz de France (GDF) and privatised by the French State, evolving into GDF Suez. International Power entered Australia in 1996, purchasing the Hazelwood and Loy Yang B power stations in Victoria. International Power merged with GDF Suez in 2010 to become the world’s largest independent power producer, re-branding globally as ENGIE in 2015. ENGIE ANZ announced in 2015 that it would divest €15 billion in coal-based assets to reinvest into low-carbon projects. In Australia, this precipitated in the closure of Hazelwood Power Station and the sale of Loy Yang B. Following this, ENGIE started rehabilitation of Hazelwood Power Station and proud to have commissioned a 150MW/150MWh Hazelwood Battery Energy Storage System in 2023 in Victoria, which is one of the largest batteries in the southern hemisphere. ENGIE ANZ’s Australian energy retailer, Simply Energy, was established in 2005. Simply Energy has over 750,000 customer accounts and serves around 12% of the Australian energy market.
We at ENGIE help our clients in:
- Offering decarbonisation solutions through Green Products STCs, LGCs, ACCUs, etc.
- Renewable PPAs through Solar, Wind, BESS of various tenor for meeting the Net Zero goals.
- Asset Management & Flexibility Services
- Market Access & Risk Management