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Getting the 'F' Out of Here - and There

04 January 2016 | Updated 01 January 1970
 

Cofely FM UK which is part of GDF Suez is to face a rebrand...but then so is GDF Suez. The name chosen? ENGIE. GDF Suez has taken on this name for most of its global operations - so this is just the UK falling in line. It also conveniently eliminates the 'F' of GDF and thus the tie to 'France'.

GDF has been active in the UK market for more than 25 years and has a significant presence across the energy and services market with 20,000 staff and revenues of £3.7 billion in 2014.

The company - including Cofely FM -  is a service provider at more than 14,000 public and private sector sites, including cities and local authorities. GDF is also reportedly the largest independent power producer in the UK, a top 10 supplier of electricity and gas to business customers and a leading explorer and producer of gas and oil.

GDF believes trends within the UK has given it a significant opportunity to integrate its extensive energy and services capabilities to deliver new and differentiated options for customers that are focused on cost and energy efficiency. Its UK strategy is focused on establishing what it terms is a ‘new kind’ of energy and services company in the UK through three key principles:

  • Investment in critical energy infrastructure.
  • Integration of energy expertise with the delivery of services.
  • Innovation in new technology and customer-led options.

As part of the global reorganisation, ENGIE has appointed Wilfrid Petrie to be CEO of ENGIE in the UK. He has worked for GDF since 1999 and was previously CEO of Cofely UK, the Group’s UK services business.

The businesses adopting the ENGIE brand  are those previously operating as GDF SUEZ, including Cofely, its B2B energy supply business and E&P company as well as West Coast Energy, an established UK renewable energy developer.

“The world around us is changing rapidly, and the UK’s energy and services needs are changing along with it,” said Petrie. “As we undergo this major shift, companies and governments are seeking integrated, single source, cost efficient options.”

Picture: GDF SUEZ and Cofely and other group companies will rebrand as ENGIE

 

Article written by Brian Shillibeer | Published 04 January 2016

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