Two decades of growth from startup to America’s Energy Greentailer™ serving approximately 50,000 customers in 14 states.


ENGIE Resources LLC, a subsidiary of ENGIE North America Inc., is celebrating its 20th anniversary as a retail energy provider serving more than 50,000 commercial, industrial, and institutional customers in the U.S. Since its founding in 2002, ENGIE Resources has grown into one of the top energy retailers in North America.

Headquartered in Houston, ENGIE Resources offers electricity and natural gas solutions and related energy services in 14 markets: Connecticut, Delaware, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Texas, and Washington, D.C.

In 2018, the company tripled the number of natural gas utility service territories for its operations, through the acquisition of Plymouth Rock Energy. This milestone solidified a market position in New York and enabled the company to expand its natural gas and electricity presence in seven states and by more than 20,000 customers.

Reflecting on 20 years of progress, Sayun Sukduang, chief executive officer at ENGIE Resources, said, “I take great pride in what we have accomplished over the past two decades. I want to thank all those who have accompanied us on our memorable journey becoming America’s Energy Greentailer™, including our diverse and dedicated team of talented professionals and energy experts, our loyal customers, and our business partners. As we celebrate this important milestone, I am even more energized by the opportunities to come to build a more sustainable future.”

 

America’s Energy Greentailer™

The company’s suite of product and service offerings has expanded in response to evolving customer needs. To simplify energy buying for large commercial and industrial customers, ENGIE Resources introduced EasyFlex, an index product providing customers the ability to lock in a fixed price for a percentage of usage.

As part of the ENGIE Group ambition to be net zero by 2045 across all scopes, the company divested its brown power generation assets and considerably developed its renewable product offerings to help customers across the U.S. meet their sustainability commitments. It includes Renewable Energy Certificates, custom structured solutions, Virtual Power Purchase Agreements and portfolioRE, an innovative renewable energy solution for small and mid-size customers.

ENGIE Resources has become America’s Energy Greentailer™ serving Fortune 500 customers and bringing the benefits of renewable energy solutions to under-served smaller customers. Over the years, ENGIE Resources helped customers displace 82,621 metric tons of carbon or the equivalent of the emissions from 9,296,825 gallons of gasoline consumed.

 

Sustainability at its foundation

The confidence and trust of customers and partners has been essential to success. The underpinning of these relationships is the dedication of our employees who are proud to lead the energy transition.

 

For Sayun Sukduang, “the teams’ dedication and expertise have been instrumental in overcoming the many challenges our industry has been facing, including the Covid-19 pandemic, the Polar Vortex in 2014, and the winter storm in 2021. Winter storm Uri was the most severe event for the U.S. energy market and I’m proud to report that we met all our financial obligations to ERCOT, our business is solid, and we look forward to the years that lie ahead.”

 

The Celebration

ENGIE Resources will celebrate its anniversary with a series of events. The celebration recognizes a proud past and points to a promising future, told from the perspective of employees from a variety of customer-facing roles.

 

About ENGIE

Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a global leader in low-carbon energy and services. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges. Together with our 101,500 employees around the globe, our customers, partners and stakeholders, we are committed to accelerate the transition toward a carbon-neutral world, through reduced energy consumption and more environmentally friendly solutions. Inspired by our purpose (“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. In North America, ENGIE helps our clients achieve their energy efficiency, reliability, and ultimately, their sustainability goals, as we work together to shape a sustainable future. We accomplish this through: energy efficiency projects, providing energy supply (including renewables and natural gas), and the development, construction and operation of renewable energy assets (wind, solar, storage and more). For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, https://www.engie-na.com/ and https://www.engie.com


Media Contact:
ENGIE North America: Michael Clingan, 832 745 6057, michael.clingan@external.engie.com

SOURCE ENGIE North America

As a founding member, ENGIE joined today the First Movers Coalition (FMC), officially launched at the COP 26. The coalition is a partnership between the World Economic Forum and the U.S. Office of the Special Presidential Envoy for Climate John Kerry. By joining the coalition, ENGIE aims to bolster demand and supply for low-carbon technologies, crucial to reducing global emissions and reaching the 2050 climate goals.

Focusing on hard-to-abate sectors, where green gases and green fuels are required – in particular aviation, shipping, trucking, steel – the First Movers Coalition is a new collective initiative aiming at accelerating by 2030 the development at scale of competitive net zero carbon supply chains. Member companies are to spur net zero demand and supply by committing to purchasing zero-emission solutions for a portion of their value chains.

Committed to making the FMC a success and in line with the Group’s existing commitment to have 100% of its preferred suppliers SBTi certified by 2030, ENGIE aims at setting clear targets to support the decarbonization of its customers and of the global economy.

The Group intends to also fully embrace its role as a net zero solutions supplier for hard-to-abate sectors, in line with its ambitions in renewable energy and distributed infrastructure, targeting especially 4 GW of renewable hydrogen capacity by 2030.

Catherine MacGregor, ENGIE CEO, said: “ENGIE is very proud to be a founding member of the First Movers Coalition. As a leader of the energy transition and an industrial player, ENGIE is committed to supporting the development of competitive net zero supply chains at scale. Joining this cross-sectoral coalition is one more step in ENGIE’s longstanding commitment to net zero and is in line with the Group’s purpose to accelerate the energy transition.”

 

About ENGIE

Our group is a global reference in low-carbon energy and services. Together with our 170,000 employees, our
customers, partners and stakeholders, we are committed to accelerate the transition towards a carbon-neutral
world, through reduced energy consumption and more environmentally friendly solutions. Inspired by our purpose
(“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on
our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers.
Turnover in 2020: 55.8 billion Euros. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is
represented in the main financial indices (CAC 40, Euronext 100, FTSE Eurotop 100, MSCI Europe) and nonfinancial indices (DJSI World, DJSI Europe, Euronext Vigeo Eiris – Eurozone 120/ Europe 120/ France 20, MSCI
EMU ESG, MSCI Europe ESG, Stoxx Europe 600 ESG, and Stoxx Global 1800 ESG). 
 

 

ENGIE HQ Press contact:

Tel. +33 (0)1 44 22 24 35

Email – engiepress@engie.com

Twitter – ENGIEpress

Following a year marked by extreme climate events and the latest IPCC report, published at the beginning of August, Climate Week, which runs from September 20th to 26th, sets a very clear goal: to step up decarbonization on a global scale. Governments, businesses, experts and NGOs are in New York to share their solutions. Ever faithful to the event, ENGIE was represented by CEO, Catherine MacGregor. The aim is to show that effective solutions already exist, and to step up their rollout. Let’s get it done!

 

 

Catherine MacGregor at Climate Week NYC 2021

 

 



Climate Week, the PLACE TO ACT

Organized by the United Nations, Climate Week provides a strategic opportunity to discuss and act on climate change. Since 2009, the event has been bringing together international leaders from business, government and civil society. The 2021 edition takes place against the specific backdrop of accelerating climate disruption. With uninterrupted forest fires for months on end in California, Canada’s heat dome, forest fires in Europe, deadly floods in Germany and China, record 35°C temperatures in north-western Russia and eastern Finland in May1 etc., the only solution that IPCC experts have found to limit the consequences of global warming is to reduce CO2 emissions by 45% by 2030 and achieve carbon neutrality by 2050.
 

Decarbonization: from intent to action

So how can we act? Today, over 400 of the world’s 2,000 largest public companies have pledged to achieve net zero emissions. But fewer than 30% of the 200 leaders of large multinational corporations surveyed by ENGIE Impact, our consulting entity specializing in decarbonization, think they are on the right track. It is indeed a difficult task. First, a realistic roadmap must be defined. Next, all decarbonization potential must be identified and harnessed. Finally, progress must be measured. On 18 May 2021, Catherine MacGregor led the way by setting out our own decarbonization strategy with a Net Zero Carbon target for 2045. So, ENGIE is playing its part with its own stringent, ambitious targets. But we are going one step further by helping our clients implement their own decarbonization strategies. Our aim for 2030 is to help our clients avoid 45Mt of CO2eq emissions a year, which is more than double the 20Mt of CO2eq emissions avoided in 2020. This strategy is based on our capacity to design and implement decarbonization and energy transition engineering roadmaps to help cities, industry and business reduce their carbon emissions and honor their commitments.

“The alignment of ENGIE’s strategy, purpose and carbon ambitions is critical for our future success and provides a clear trajectory to our global teams.”
Catherine MacGregor, Chief Executive Officer, ENGIE

 

Concrete solutions to achieve decarbonization targets

During the 12th Climate Week, Catherine MacGregor took part in a round table discussion alongside Dr Fatih Birol, Executive Director of the International Energy Agency, and Inger Andersen, Executive Director of the United Nations Environment Programme. This was the opportunity to explain our own Net Zero Carbon roadmap: withdrawal from coal in Europe by 2025 and worldwide by 2027, increase in renewable energy production capacity to reach 50 GW by 2025 and 80 GW by 2030, additional capacity of 8 GW in distributed infrastructures to reach 32 GW of low-carbon distributed energy infrastructures by 2025… 
It also provided the opportunity to present a brand-new ENGIE’s Ellipse offer, world’s most comprehensive carbon intelligence platform on the market. This platform can be integrated in our clients’ existing digital ecosystems to help them track progress of their decarbonization actions in real time and on a global scale, through smart data analysis. Multinational corporations like Starbucks Coffee Company have already started using it.

 

Climate Week is off to a great start! 
To follow this great climate event, you can tune in here.

Join an exclusive event with Gwenaëlle Avice-Huet, CEO of ENGIE North America on Thursday, January 28, 2021 at 11 AM CT to come aboard the Energy Observer. It is the world’s first hydrogen-powered boat and floating laboratory – and see the innovations in progress to make renewable energy a reality for all. We will have 3 members of the crew with us, including the Founder and Captain, Victorien Erussard, to take all your questions.

 

If you missed the live event, check it out On-Demand!

Register and tune in now.

 

Energy Observer

Laura joined two other influential women leaders in clean energy for a fireside chat to explore the future of renewables, the importance of diversity, equity and inclusion, and the potential impact of the U.S. election on energy and climate policy. Laura is member of the executive speaker faculty of Reuters Events.

 

Watch the virtual fireside chat