As part of the international rebranding process of the GDF SUEZ Group into ENGIE, the Singaporean entities Cofely FMO, Cofely DC and Cofely South East Asia will henceforth be known respectively as ENGIE Services Singapore, ENGIE ITS and ENGIE Services Asia-Pacific.
In streamlining its brand portfolio, ENGIE increases its visibility towards its external stakeholders, and creates a genuine spirit of belonging and unity internally.
“Technology’s progress and a growing demand for sustainability are profoundly changing the energy environment. This new reality has prompted us to reorganize our businesses and to accelerate innovation, based on digitalisation, decarbonisation, decentralisation and energy efficiency. The name change is a reflection of our Group’s transformation and expresses our belief that energy is everyone’s business: employees, shareholders, partners and customers,” said Pierre Cheyron, CEO of ENGIE Services Asia-Pacific.
Kong Nee Yeo, Managing Director of ENGIE Services Singapore, commented: “As we service many important facilities across the country, we are ideally placed to help our customers to achieve their ambition to become more energy-efficient. As part of the ENGIE Group, we have access to innovative technology and an extensive international network of experts that truly add value to our clients with critical missions.”
Jimmy Cheong, Managing Director of ENGIE ITS, adds: “We lead critical facilities to design, build, manage and operate with tailored solutions to help organizations drive increase efficiency and reliability of data centres infrastructure. Harnessing the power of cloud, big data/analytics, Internet of things, we aim to transform any critical environment into one that is responsive, agile, sustainable and intelligent.”
ENGIE has been operating in Singapore for more than 20 years and offers innovative long term services in energy efficiency and facility management to industrial and commercial clients from both the private and public sector.
Since 2010, the LNG entity has supported ENGIE’s LNG trading and business development in Asia, where more than 11 million tonnes of LNG Sales and Purchase Agreements have been signed. In addition, ENGIE Global Markets is present in Singapore since 2012 with a trading platform dealing a wide range of energy financial products with approximately 1,000 TWh energy equivalent volumes per year.
To address the region’s energy challenges, ENGIE Lab Singapore is conducting a series of R&D projects. ENGIE also has a 30 per cent stake in Senoko Energy, which is the largest electricity generator in the country, and retails power to almost 20 per cent of the contestable market.
ENGIE develops its businesses (power, natural gas, energy services) around a model based on responsible growth to take on the major challenges of energy’s transition to a low-carbon economy: access to sustainable energy, climate-change mitigation and adaptation and the rational use of resources.
The Group provides individuals, cities and businesses with highly efficient and innovative solutions largely based on its expertise in four key sectors: renewable energy, energy efficiency, liquefied natural gas and digital technology. ENGIE employs 154,950people worldwide and achieved revenues of €69.9 billion in 2015.
The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe, DJSI World, DJSI Europe and Euronext Vigeo (Eurozone 120, Europe 120 and France 20).