ENGIE

What ENGIE does

ENGIE S.A. is a publicly traded global energy company (Euronext Paris: ENGI) with 98,000 employees and 57.2 GW of renewable capacity as of September 2025, operating across approximately 20 countries. Originally founded in 1882 as a French gas company and rebranded from GDF Suez to ENGIE in 2015, the company has repositioned around low-carbon energy solutions targeting a Net Zero Carbon objective by 2045. The portfolio is organized around four pillars: renewable energy (solar PV, onshore and offshore wind), desalination (seawater reverse osmosis), flexible generation (battery energy storage systems, gas power, renewable hydrogen), and local energy infrastructure (low-carbon cities, energy efficiency retrofits, district cooling). ENGIE also operates regulated electricity grid infrastructure after its 2026 acquisition of UK Power Networks, ENGIE's largest-ever deal at approximately $14 billion.

The business model is enterprise/government project-driven: ENGIE develops, invests in, finances, and operates large-scale energy and water infrastructure assets under long-term contracts — power purchase agreements with utilities such as EWEC and the Egyptian Ministry of Electricity, IPP frameworks (e.g., the Al Nouf 1 3.3-3.5 GW CCGT bid), and consortium structures with strategic partners (Masdar, Orascom, Toyota Tsusho, EDF, KEPCO). Revenue streams are predominantly subscription/recurring in nature (renewable generation, desalination, regulated grid), with asset management and portfolio restructuring (e.g., divestiture of Bahrain utility assets to ACWA Power for ~$550 million) used to rebalance toward renewables and battery storage (BESS capacity projected to grow from 2.6 GW in 2024 to 9 GW in 2027). Customer segments are governments, cities, industries, and businesses; the Middle East, South Central Asia and Turkey (MESCAT) regional headquarters in Dubai coordinate operations across all six GCC countries, supported by a Riyadh country office led by Regional Vice President Turki Al-Shehri. Distribution is primarily direct enterprise sales through competitive tenders and IPP consortiums, with project-based pricing rather than publicly disclosed rate cards.

Name

ENGIE

Legal name

ENGIE S.A.

Website

https://engiemiddleeast.com

Company type

Public

Founded year

1882

Operating status

Operating

Headcount range

251–500 employees

Short description

ENGIE S.A. is a publicly traded global energy company (Euronext: ENGI) with 98,000 employees and 57.2 GW of renewable capacity, delivering low-carbon energy solutions — renewable generation, desalination, battery storage, and energy efficiency — to governments, cities, industries, and businesses across approximately 20 countries.

Ownership category

akta.pro rank

Product category

Renewable Energy & Low-Carbon Power Generation

NAICS

Electric Power Generation (22111), Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Electric Power Generation, Transmission and Distribution (2211), Steam and Air-Conditioning Supply (221330)

SIC

Cogeneration Services & Small Power Producers (4991), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Natural Gas Transmisison & Distribution (4923)

akta.pro primary industry

Microgrid Development, EPC & Integration (EUAMAJAB)

akta.pro secondary industries

Microgrid, DER & Building Electrification Energy Controls (Solar/Storage/EV Load Orchestration) (BPABAGAJ), Renewable Energy Infrastructure (FSAAAKAG), Energy & Renewables Specialty Contracting (Solar PV, Storage, EV Charging) (IMAFALAJ), Gas-to-Power Project Development (IPP/CPP, Permitting, Financing) (EUALALAC)

Keywords

• Renewable energy generation
• Low-carbon energy solutions
• Energy infrastructure projects
• Desalination and water treatment
• Utility-scale power generation

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Renewable Energy Generation: Power generation from solar PV and wind installations across multiple countries
2. Water Desalination: Desalinated water production through reverse osmosis and other technologies
3. Energy Services and Solutions: Energy efficiency solutions, retrofitted infrastructure, and integrated facilities management
4. Battery Energy Storage: Grid-scale battery storage systems providing grid stabilization and energy management services
5. Asset Management and Portfolio Restructuring: Portfolio restructuring through strategic asset disposals and renewable capacity growth

Go-to-market motion3 records

Distribution channels4 records

Marketing channels12 records

Core offering

ENGIE is a global energy company that develops, invests in, and operates low-carbon energy projects and infrastructure. Its offering is organized around four pillars — Renewable Energy (solar PV and wind), Desalination (seawater reverse osmosis), Flexible Generation (battery storage, gas power, and renewable hydrogen), and Local Energy Infrastructure (low-carbon cities, energy efficiency retrofits, and district cooling) — serving governments, cities, industries, and businesses primarily across the GCC and other international markets.

Product overview

ENGIE is a global energy company offering a comprehensive portfolio of low-carbon energy solutions across the GCC region. The portfolio is organized around four core offerings: Renewable Energy (Solar and Wind), Desalination (seawater reverse osmosis), Flexible Generation (Battery Storage, Gas Power, Renewable Hydrogen), and Local Energy Infrastructure (Low Carbon Cities, Energy Efficiency, District Cooling). The company serves governments, cities, industries, and businesses seeking to achieve their energy transition goals through reduced carbon emissions and sustainable solutions. ENGIE operates across all GCC countries with projects spanning power generation, water desalination, district cooling, and energy efficiency retrofits.

Differentiator

Problem solved

Functional benefit

Brands

• ENGIE Solutions: Integrated energy efficiency and infrastructure solutions for cities, industries, and businesses.
• ENGIE MESCAT
• Tabreed

Products and services

• Renewable Energy Solutions Comprehensive renewable energy solutions encompassing solar photovoltaic and wind power generation, providing clean electricity to governments, cities, and industries to support their energy transition goals.
• Solar Energy Utility-scale and distributed solar photovoltaic solutions that enable organizations to generate renewable electricity on-site, reducing carbon emissions and energy costs.
• Wind Energy Onshore and offshore wind power generation solutions contributing to ENGIE's renewable energy portfolio, including large-scale wind farms such as the 846 MW Serra do Assuruá facility in Brazil and 650 MW Red Sea Wind Energy project in Egypt.
• Desalination Seawater desalination solutions using advanced reverse osmosis technology to produce potable water, supporting water security in arid regions. Includes the Jubail 3B plant producing 570,000 m3/day of potable water in Saudi Arabia.
• Flexible Generation Flexible power generation solutions combining battery storage, gas power, and renewable hydrogen to ensure grid stability and reliable electricity supply, including synchronous condenser technology for grid stabilization.
• Battery Storage Grid-scale battery energy storage system (BESS) solutions providing grid stabilization, peak demand management, and supporting the integration of renewable energy sources. ENGIE's European BESS capacity exceeds 1 GW across eight countries.
• Renewable Hydrogen Green hydrogen production solutions using renewable energy-powered electrolysis, supporting decarbonization of hard-to-abate industries.
• Local Energy Infrastructure Integrated infrastructure solutions including low-carbon cities development, energy efficiency improvements, and district cooling for urban areas, municipalities, and large real estate developments.
• Energy Efficiency Solutions Retrofitting and optimization services for buildings and industrial facilities, delivering guaranteed energy savings through HVAC, lighting, water, and building control system improvements. Includes waste heat recovery and energy-efficient road lighting.
• District Cooling Centralized cooling solutions serving commercial, residential, and industrial developments, providing energy-efficient air conditioning through chilled water distribution networks.
• Facilities Management Integrated facilities management services supporting building operations with IoT and AI technologies across commercial, residential, industrial, and public sector segments.

Quantifiable outcome

• 32% energy savings for a leading medical university in Saudi Arabia, equivalent to SAR 13.58M in annual cost savings
• +3 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

22 partnerships are on record, tiered core, major and minor.

• MasdarcoreStrategic or Co-development Partner · 1 January 2026Partnership with Masdar (Abu Dhabi's clean energy pioneer) for the 1.5 GW AC Khazna Solar PV project in Abu Dhabi. Masdar serves as local partner while ENGIE brings international expertise. Financial close achieved for the project.
• Emirates Water and Electricity Company (EWEC)coreStrategic or Co-development PartnerEWEC awarded ENGIE and Masdar the contract to develop the 1.5 GW Khazna Solar Photovoltaic Independent Power Project. PPA signed between EWEC and the consortium.
• Orascom ConstructioncoreStrategic or Co-development PartnerConsortium with Orascom Construction and Toyota Tsusho developing a 900 MW wind project in Ras Shuqeir, Egypt.
• Toyota TsushocoreStrategic or Co-development PartnerConsortium partner for 900 MW wind project in Ras Shuqeir, Egypt alongside ENGIE and Orascom Construction.
• LONGimajorTechnology or IntegrationLONGi signed cooperation agreement with POWERCHINA and ENGIE for the 1.5GW PV4 Hazza 1 solar project in Abu Dhabi. LONGi supplying 1.1GW of Hi-MO 9 BC modules for the project.
• POWERCHINAmajorImplementation/ SI/ Consulting PartnerLeadership teams from LONGi, POWERCHINA, and ENGIE signed cooperation agreement for the 1.5GW PV4 Hazza 1 solar project in Abu Dhabi.
• Kemet GroupcoreStrategic or Co-development PartnerKemet Group developing 2,000 MW solar plant in Nagaa Hammadi alongside 2,000 MWh battery storage facility as part of Egypt's renewable energy agreements.
• Saudi Water Partnership Company (SWPC)coreStrategic or Co-development PartnerSWPC announced over ten MoUs with international partners including ACWA Power, Veolia, TAQA, and ENGIE to advance Public-Private Partnerships in water infrastructure in Saudi Arabia.
• Aljomaih Energy and WatermajorChannel Partner/ Reseller/ DistributorBidding consortium member for Al Nouf 1 IPP project (3.3-3.5 GW CCGT) alongside EDF, ENGIE, KEPCO, and others.
• EDFmajorStrategic or Co-development PartnerBidding consortium member for Al Nouf 1 IPP project (3.3-3.5 GW CCGT) alongside Aljomaih, ENGIE, KEPCO, and others.
• KEPCOmajorStrategic or Co-development PartnerBidding consortium member for Al Nouf 1 IPP project (3.3-3.5 GW CCGT) in Abu Dhabi.
• Sumitomo CorporationmajorStrategic or Co-development PartnerConsortium member bidding for Al Nouf 1 IPP project in Abu Dhabi.
• IN-VR (Net-Zero Circle platform)minorGTM or Marketing PartnerParticipation in Morocco Energy & Sustainability Week 2026 organized by IN-VR under the Net-Zero Circle platform with over 40 speakers, 100 attendees, and 10 exhibitors.
• Air ProductsminorStrategic or Co-development PartnerAir Products experiencing shareholder revolt over NEOM's offtake failures; both companies mentioned in context of Middle East hydrogen projects facing challenges.
• Air Liquide S.A.minorStrategic or Co-development PartnerKey company investing in nuclear-powered electrolysis technologies and hydrogen infrastructure for large-scale decarbonization.
• EDF GroupminorStrategic or Co-development PartnerKey company investing in nuclear-powered electrolysis technologies and hydrogen infrastructure for large-scale decarbonization.
• Shell plcminorStrategic or Co-development PartnerKey company investing in nuclear-powered electrolysis technologies and hydrogen infrastructure for large-scale decarbonization.
• Broad Reach PowermajorStrategic or Co-development PartnerENGIE's agreement to acquire Broad Reach Power expanded battery storage capacity to over 1.2 GW in the US market.
• Saudi Arabia's National Energy Services Company (Tarshid)coreStrategic or Co-development PartnerPartnership with Tarshid for energy efficiency projects in Saudi Arabia including the medical university project.
• Tabreed (National Central Cooling Company PJSC)majorStrategic or Co-development PartnerPartnership for district cooling solutions. CEO of Tabreed participated in ENGIE's E4 event.
• Clean Energy Business Council (CEBC)minorStrategic or Co-development PartnerCEBC collaboration with ENGIE for whitepaper on Energy Efficiency in Existing Buildings in the UAE.
• Commercial and Industrial VPP SpecialistmajorTechnology or IntegrationENGIE acquiring a commercial and industrial VPP specialist to strengthen its North American portfolio in the Virtual Power Plant market.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• RWE: German utility undergoing a strategic transition from coal toward renewables, with major European offshore wind buildout. Comparable business model pivot toward renewable generation and phase-out of legacy fossil generation.
• Enel: Italian-headquartered global utility with one of the world's largest renewable portfolios across Europe, LATAM, and North America. Comparable end-to-end value chain from generation through distribution and energy services.
• Vattenfall: Swedish state-owned utility with renewable generation, heat, and distribution across Northern Europe. Comparable vertically integrated model across power generation, district heating/cooling, and grids.
• Iberdrola: Spanish global renewable energy and grid leader. Closely comparable in business mix — utility-scale wind/solar, regulated networks, energy services — and competes with ENGIE in European and LATAM renewable markets.
• EDF (Électricité de France): French-headquartered global energy major with comparable nuclear, renewables, and energy services portfolio. Direct domestic competitor to ENGIE in France and co-bidder (with KEPCO, Sumitomo) on GCC tenders such as Al Nouf 1.
• NextEra Energy: US-headquartered operator of Florida Power & Light and world's largest renewable generator (NextEra Energy Resources). Closely comparable in scale, renewable pipeline, and storage leadership, though with a North American geographic focus.
• SSE plc: UK-listed energy company focused on regulated electricity networks and renewables. Highly relevant given ENGIE's UK Power Networks acquisition, creating a parallel domestic positioning in UK energy infrastructure.
• Ørsted: Danish pure-play renewable energy leader, particularly in offshore wind (2.7+ GW operational). Directly comparable in offshore wind ambitions and energy transition strategy; ENGIE's 2.747 GW offshore wind portfolio mirrors Ørsted's positioning.
• ACWA Power: Saudi-listed IPP developer specializing in power generation and desalination across MENA. Direct regional competitor on tenders such as Al Nouf 1, and acquired ENGIE's Bahrain utility portfolio for ~$550M in 2025.
• E.ON: German-headquartered utility operating regulated networks and customer energy solutions across Europe. Comparable in distribution/grid operations and energy services, with similar decarbonization and customer solutions focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/ESMiddleEast
• YouTubeyoutube.com/@engiemiddleeast
• LinkedInlinkedin.com/company/engie-middle-east-south-central-asia-and-turkey
• Instagraminstagram.com/engie_middle_east

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ENGIE