Engie Energy International

This article is about the UK-based energy company. For the political concept, see Power in international relations.
Engie Energy International
Company typeSubsidiary
(Private limited company)
IndustryElectricity
Founded2000 (2000)
Headquarters
Newcastle upon Tyne
,
England, United Kingdom
Key people
Dirk Beeuwsaert (Chairman)
Philip Cox (CEO)
ProductsElectrical power
Revenue€16.167 billion (2011)[1]
€2.805 billion (2011)[1]
€1.797 billion (2011)[1]
ParentEngie
WebsiteOfficial website

Engie Energy International, formerly International Power, is a multinational electricity generation company headquartered in Newcastle upon Tyne, and a wholly owned subsidiary of the French company Engie (formerly GDF Suez).

The company was formed as International Power in 2000 by the demerger of National Power. It was listed on the London Stock Exchange from 2000 to 2 July 2012, and was a constituent of the FTSE 100 Index for most of that period. It had a market capitalisation of approximately £16.9 billion as of 23 December 2011, making it the 24th-largest company on the London Stock Exchange.[2]

In February 2011, GDF Suez acquired a 70% interest in International Power.[3][4] The purchase of the remaining 30% was announced by GDF Suez in April 2012, and the transaction closed in July 2012.[5] Following the acquisition, the company was renamed GDF Suez Energy International. In 2015, GDF Suez rebranded as Engie, and its subsidiary renamed itself in accordance.

  1. ^ a b c "Preliminary Results 2011" (PDF). Archived from the original (PDF) on 2012-06-06. Retrieved 2012-03-25.
  2. ^ "FTSE All-Share Index Ranking". stockchallenge.co.uk. Retrieved 26 December 2011.
  3. ^ Cite error: The named reference GDFS-IP-H-01 was invoked but never defined (see the help page).
  4. ^ Cite error: The named reference GDFS-IP-H-02 was invoked but never defined (see the help page).
  5. ^ Cite error: The named reference GDFS-IP-H-03 was invoked but never defined (see the help page).