|
ENGIE streamlines its activities and incorporates Africa in its MESCAT (Middle East, South and Central Asia, Turkey) Business Unit |
Joining MESCAT and Africa is seen as being mutually beneficial, combining scale and expertise with deep market knowledge |
DUBAI, United Arab Emirates, February 3, 2021/ -- We are pleased to announce that as from 1 January 2021, ENGIE (www.ENGIE.com) has merged its Africa portfolio with the MESCAT Business Unit under the leadership of Sébastien Arbola, Chief Executive Officer of ENGIE MESCATA (Middle East, South and Central Asia, Turkey and Africa). Sébastien Arbola has also been appointed Executive Vice President in charge of Thermal Generation and Energy Supply activities at ENGIE Group level, effective 1 February 2021. The enlarged Business Unit MESCATA, with headquarters in Dubai, United Arab Emirates, and regional offices throughout the region, will draw on ENGIE’s long term presence and experience in the region to keep accelerating the transition towards carbon neutral economies.With this new organization, ENGIE continues to simplify and streamline operations, and increase selectivity in terms of activities and geographical presence as announced when the 2019 results were published. Joining MESCAT and Africa is seen as being mutually beneficial, combining scale and expertise with deep market knowledge. Sébastien Arbola, CEO of ENGIE MESCATA “Enlarging our geographical scope will allow us to have a much greater impact on the markets where we operate and to better serve our clients as we accompany them in their path towards carbon neutrality. Our strategic focus will be on markets that are currently or potentially large, have attractive growth profiles and a transparent and stable regulatory framework. We will maintain a strong local presence to build up-front relationships with our customers and respond to their needs”. In line with ENGIE Group’s strategic orientations, ENGIE MESCATA’s activities will revolve around four major priorities:
In
Africa, the power generation activity will focus on the development of
utility-scale generation in 4 countries: Egypt, Morocco, Senegal and
South Africa. To leverage scale and resources, materialize
cross-fertilization and optimize partnerships as well as financing
around the energy access activities, Mobisol, Fenix and Power Corner
have been gathered under a single entity, ENGIE Energy Access, and will
report directly into ENGIE’s Corporate Thermal and Energy Supply
division, under the supervision of Sebastien Arbola.
|
No comments :
Post a Comment