ENGIE North America Inc. operates in energy businesses in the United States, Mexico, and Canada. The company engages in electricity generation and cogeneration activities through wind, hydro, solar, biomass/biogas, coal, and natural gas facilities; natural gas and liquefied natural gas distribution activities; and retail electricity sales and related services to commercial and industrial customers. It operates natural gas pipeline systems to supply natural gas to government power generation sites. ENGIE North America Inc. was formerly known as GDF SUEZ Energy North America, Inc. and changed its name to ENGIE North America Inc. in June 2016. The company was incorporated in 1981 and is based i...
1990 Post Oak Boulevard
Houston, TX 77056-3831
Founded in 1981
GDF SUEZ Announces Consolidated Earnings Results for the Year Ended December 2014
Feb 26 15
GDF SUEZ announced consolidated earnings results for the year ended December 2014. For the year, the company reported revenues of EUR 74,686 million are in decrease of 6.6% compared to 2013 and in organic decrease of 7.2%. This decrease is mainly due to the impact of climatic conditions on sales of natural gas in France and lower electricity market prices in Europe. Group EBITDA, which amounted to EUR 12,138 million, was down 6.7% (gross) and 4.2% (organic decrease). Net recurring income, group share, at EUR 3.1 billion, is in decrease by EUR 0.3 billion compared to December 31, 2013. The decline in current operating income after share in net income of entities accounted for using the equity method was largely offset by lower recurring financial expenses. Net debt reached EUR 27.5 billion at the end of December 2014, down by EUR 1.3 billion compared to end December 2013, reflecting the items of cash generated from operations before income tax and working capital requirements for the year and the issue of hybrid notes by GDF SUEZ SA at the beginning of June, decreased by the change in working capital requirements, net capex carried out by the group as well as dividends paid to GDF SUEZ SA shareholders and to minority shareholders of certain subsidiaries. The change in working capital requirements is penalized to the extent of EUR 1.2 billion by the impact of commodity price evolution on margin calls, expected to be temporary and to reverse at the expiry of transactions between 2015 and 2016. Current operating income after share in net income of entities accounted for using the equity method was EUR 7,161 million compared to EUR 7,665 million a year ago. Income from operating activities was EUR 6,574 million compared to EUR 7,124 million a year ago. Net income group share was EUR 2,440 million compared to net loss group share of EUR 9,646 million a year ago. Cash flow from operating activities was EUR 8,751 million compared to EUR 11,333 million a year ago. Net tangible and intangible investments were EUR 5,790 million compared to EUR 5,938 million a year ago.
GDF SUEZ Energy North America, Inc. to Report First Half, 2015 Results on Jul 30, 2015
Feb 26 15
GDF SUEZ Energy North America, Inc. announced that they will report first half, 2015 results on Jul 30, 2015
GDF SUEZ Energy North America, Inc. to Report Q1, 2015 Results on Apr 27, 2015
Feb 26 15
GDF SUEZ Energy North America, Inc. announced that they will report Q1, 2015 results on Apr 27, 2015