Anne-Laure de Chammard has been appointed Director of Strategy for the ENGIE group, effective October 1st 2019. Anne-Laure will take over from Antoine de La Faire, who has been appointed CEO of ENGIE Solar.
She will report to Shankar Krishnamoorthy, Executive Vice President in charge of Strategy & Innovation, Industrial Development, Research & Technology, Procurement and of the supervision of the Business Unit Africa.
Previously, she served as President and Chief Executive Officer of Bureau Veritas Construction, a subsidiary of the Bureau Veritas group, and was a member of the French Government’s High Council on Construction and Energy Efficiency.
Anne-Laure de Chammard graduated from the Ecole Polytechnique and the Ecole Nationale des Ponts et Chaussées. She also holds a Master’s degree in Public Policy from the Harvard Kennedy School.
Anne-Laure started her career in the USA in 2008, as a strategy consultant with the Boston Consulting Group. She then joined the French Ministry of Sustainable Development and Energy in 2010, where she was in charge of awarding and supervising major infrastructure contracts (motorways, high-speed railways, etc.) within the framework of public-private partnerships. She joined the Bureau Veritas Group in 2014 as Regional Manager for Burgundy Picardy Champagne-Ardenne (France), before being appointed President and CEO of Bureau Veritas Construction in 2016.
Anne-Laure also sits on the Supervisory Board of Marseille – Provence Airport.
ENGIE expands its decentralized energy offering in Africa through the acquisition of Mobisol, a pioneer of off-grid solar solutions. Mobisol has operations in Tanzania, Rwanda, and Kenya and has installed more than 150,000 solar home systems, providing clean and reliable energy to over 750,000 people in Sub-Saharan Africa.
With the acquisition of Mobisol, ENGIE will be offering solar home systems in 3 additional countries, complementing the six countries where it is already present with its solar home system company Fenix International. Mobisol’s focus on productive use products, combined with Fenix’s inclusive home solar power systems, will enable ENGIE to offer an unparalleled range of affordable energy products as well as extending its customer base from rural to urban areas. The closing of the acquisition of Mobisol will happen once all approvals of the relevant regulatory bodies are received.
ENGIE already has significant activities in off-grid electrification in Africa. With its subsidiary Fenix International, it provides access to energy and financial services via its solar home systems to over 500,000 customers, improving the quality of life for over 2.5 million people in Uganda, Zambia, Nigeria, Benin, Cote d’Ivoire and Mozambique. Additionally, with ENGIE PowerCorner, it supplies affordable electricity to rural populations through smart mini-grids powered by solar energy and battery storage. PowerCorner offers 24/7 energy services to households, local businesses and public services in villages across Tanzania and Zambia. All of these services are enabled by digital financial solutions such as mobile money and Pay As You Go technologies.
Isabelle Kocher, ENGIE CEO declared: “With the acquisition of Mobisol, ENGIE expands its access to a market of millions who are not connected to the grid and establishes itself as the market leader on the continent. Not only do we change people’s lives with clean energy but we trigger economic activities for households and entrepreneurs who generate additional income once they are connected. With ENGIE Power Corner, Fenix, and now Mobisol, we will pave the way for a new generation of affordable energy services, in line with our strategy focused on the acceleration of the zero-carbon transition.”
Universal electrification is the 7th of the United Nations Sustainable Development Goals that the global community has committed to achieve by 2030. Currently more than 600 million people have no access to electricity in Africa and by 2030 the continent is expected to be home to 80 percent of the world’s off-grid population, according to the International Energy Agency.
On Wednesday 28 August, ENGIE placed a EUR 750 million zero-coupon senior bond issue of 7.5 years duration. This is the lowest coupon ever for a corporate issuer on such a long duration.
Despite a highly active bond market, the order book proved extremely diversified and very solid, meaning that the conditions could be significantly tightened. At a time when the financial environment continues to be characterised by macroeconomic and geopolitical uncertainty, ENGIE’s credit profile played a key role in the success of this transaction.
Judith Hartmann, ENGIE Executive Vice President and CFO said: “ENGIE’s balance sheet is solid and our strategy is paying off. Investors trust us, which allows us to improve our financing costs and contribute effectively to our development goals.”
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These low-carbon solutions will be delivered under the ISO 20121 certification that the French government is seeking to obtain for this event.
ENGIE and the ENGIE Foundation will be lending their support to the first eco-friendly G7 summit via a donation in kind and the provision of skills-based sponsorship, installing energy solutions in a bid to have France’s presidency of the G7 summit ISO 20121-certified (“Event sustainability management system”), as well as certified “Egalité Grand Evénement” by AFNOR (France’s standardisation association).
ENGIE is naturally involving itself in this summit which prioritises initiatives to tackle inequality at local level – values that are central to its commitments. To do this, ENGIE is leveraging the expertise of its local entities (the Société hydraulique du midi which manages 12 hydraulic dams) and local partners (Biarritz-based company Pragma).
ENGIE is accustomed to partnering major eco-friendly events and provides green energy and low-environmental impact solutions as part of an approach based on harmonious progress.
Energy solutions involving renewables have been deployed for the event :
- Installation of a French solar field to power the electric tram buses used by journalists and the IRATY press centre (1300 m2 of panels over a 3000 m2 surface area) near the accreditation hall
- ENGIE totem with solar panels so people can charge their phones: this way, 3000 journalists will be able to enjoy free Wi-Fi and charge their mobile phones
- Micro off-grid solar power production installations for Wi-Fi access and for recharging mobile phones
- 12 French generators powered by rapeseed oil
ENGIE will also provide the accredited journalists attending the summit with 200 hydrogen-powered bikes built by Biarritz-based company Pragma Industries to help them get around across the various areas making up the event. This soft mobility project is supported by the Nouvelle-Aquitaine Region and the Basque Country Agglomeration Community (CAPB).
“We are entering a new era, in which companies will be judged by their overall impact on society and the environment. Consumers, investors and employees all have new expectations. By offering competitive low-carbon and bespoke solutions, ENGIE is supporting companies, local authorities and major events in this new era of responsibility“, said Isabelle Kocher, ENGIE’s CEO and President of the ENGIE Foundation.
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