French gas utility GDF Suez has announced it is changing its name to “ENGIE”.
The new brand reflects the evolving energy industry and the company’s involvement in renewable power, the firm said.
CEO Gerard Mestrallet told a press conference: “Why this name change? Because the world of energy is changing, we’re moving towards a less centralised, less carbon-intensive energy world, away from the centralised world of yesterday.”
The French Government still owns a third of the company.