GDF Suez provides energy solutions to individuals, cities and businesses. The company is active across the entire energy value chain, in electricity and natural gas, upstream to downstream. Segments The company operates in eight segments: Energy France; Energy Benelux & Germany; Energy Europe; Energy International; Global Gas & LNG; Infrastructures; Energy Services; and SUEZ Environnement. Energy France The company's subsidiaries operating in this business segment produce electricity and sell natural gas, electricity and services to private individuals, small business customers and companies in France. Energy Benelux & Germany The company's subsidiaries in this segment produce electricity and/or provide electricity transmission and distribution services to Benelux and Germany. Energy Europe The company's subsidiaries produce electricity and/or provide electricity transmission and distribution services in Europe (excluding France, Benelux and Germany). Energy International The company's subsidiaries produce electricity and/or provide electricity transmission and distribution services outside Europe. Global Gas & LNG The company's subsidiaries supply gas to it and sell energy and service packages to key European players. Infrastructures The company's subsidiaries in this segment operate gas and electricity transportation, storage and distribution networks in France and Germany. They also sell access rights to this infrastructure to third parties. Energy Services The company's subsidiaries provide engineering, installation, maintenance and delegated management services, particularly in relation to electrical and heating facilities, pipeline systems and energy networks. SUEZ Environnement The company's subsidiaries operating in this business segment provide private customers, local authorities and industrial customers with: water distribution and treatment services, notably under concession contracts (water management), and water purification facility design and construction services (turnkey engineering); and waste collection and treatment services, including sorting, recycling, composting, landfilling, energy recovery and hazardous waste treatment. Acquisitions In September 2008, the company acquired the entire share capital of Senoko Power, which owns and operates a portfolio of power plants (primarily gas-fired combined cycle facilities) located mainly in the north of Singapore. The facilities have a combined capacity of 3,300 MW. In December 2008, the company completed its acquisition of FirstLight Power Enterprises Inc., which owns and operates a portfolio of 15 electrical power plants and is building a natural gas unit. These facilities represent a total capacity of 1,538 MW in Massachusetts and Connecticut. In October 2008, the company acquired a group of exploration & production assets situated in the Dutch section of the North Sea from Nederlandse Aardolie Maatschappij BV (NAM), as well as a 30% interest in the NOGAT pipeline in December 2008. Significant Events On August 18, 2009, Santos Ltd. and GDF Suez have announced a partnership to develop a floating LNG project in the Bonaparte Basin. GDF SUEZ and Santos would form a 60/40 unincorporated joint venture, to be led by GDF SUEZ, to develop and operate a proposed floating liquefaction plant with a planned capacity of 2mtpa of LNG that would utilise the gas from the Petrel, Tern and Frigate natural gas fields. The company has signed an agreement with Chinese Chongqing Energy Investment Group to set up a 40/60 joint venture to build and operate the heating and cooling systems of Chongqing municipality, western China. On February 16, 2010, Pacific BioEnergy Corporation has collaborated with GDF SUEZ. The collaboration is targeted at supporting expansion of Pacific BioEnergy's present wood pellet production facilities in Prince George, BC. Pacific BioEnergy and GDF SUEZ have collaborated to form a new joint venture to own and operate the PG Plant. On September 21, 2010, GDF Suez and Solar Power Group GmbH have agreed to jointly develop a 5MW thermal concentrated solar power plant which would supply superheated steam to the Mejillones coal-fired plant in the North of Chile. In November 2010, GDF Suez, Iberdrola SA, and Scottish & Southern Energy plc had established their joint venture company; NuGeneration Ltd. NuGen would develop a new generation nuclear power station of approximately 3.6 GW on land in West Cumbria and north-west England. In September 2010, GDF Suez and Centrais Electricas Brasileiras S.A. have signed a partnership agreement to develop joint energy projects. The agreement reportedly provides for joint research, project development, and energy production and transmission ventures in renewable energy and other energy sources. In May 2011, GDF Suez, VINCI S.A. and Areva SA have signed a partnership agreement to build up am offshore wind industry. In May 2011, GDF Suez, has signed a partnership agreement with Tianjin Innovative Finance Co. Ltd. to create two companies dedicated to the air conditioning services of its new financial center in the Yujiapu district. In June 2011, GDF Suez and Marubeni Corporation has entered into a joint venture agreement for the development of the Rantau Dedap geothermal project located in the South Sumatra Province. History GDF Suez was founded in 1880.
gdf suez (GSZ:BrsaItaliana)
1 et 2, place Samuel de Champlain
Faubourg de l'Arche
La Défense cedex
Phone: 33 1 57 04 00 00
|Electricite de France SA||€24.11 EUR||+0.17|
|Enel SpA||€4.01 EUR||+0.006|
|Eni SpA||€14.91 EUR||-0.29|
|Statoil ASA||128.80 NOK||-4.20|
|Dow Chemical Co/The||$43.03 USD||-1.14|
|View Industry Companies|
|Price/Cash Flow||NM||Not Meaningful|
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