ACQUISITION

New step in ENGIE’S growth in energy services in Australia

By ENGIE - 08 December 2015 - 11:11

ENGIE has strengthened its presence in Australia after completing the purchase of DESA Australia.

 

Headquartered in Melbourne, DESA Australia is a leading provider of communications, electrical and energy efficiency solutions. The company has 340 employees and counts among its customers supermarkets, datacenters, banks…

 

ENGIE operates energy services in Australia, focused on developing and implementing smart energy and environmental efficiency services in the industrial, public and commercial building sectors.

 

The DESA acquisition is in line with ENGIE’s strategy to help customers achieve their energy efficiency, environment, operations and maintenance objectives by offering customers a “one-stop shop” for multi-technical services, asset-based energy performance and environmental solutions.

 

“DESA is a top tier provider in the country and counts among its customers some of Australia’s biggest companies. With our expertise and our other businesses in power generation and retail, we have the opportunity to grow the business even further,” says Jérôme Tolot, Executive Vice President in charge of the Energy Services Business line.

 

Completion of the DESA acquisition comes just three months after ENGIE assumed full ownership of TSC Group Holdings, which operates businesses in the commercial and industrial heating, ventilation and air conditioning, refrigeration, mechanical, fire safety and security services sectors across Australia and New Zealand. ENGIE’s services operations now have about 1,000 employees and revenues of over 200MAUD across the two countries.

About ENGIE

ENGIE develops its businesses (power, natural gas, energy services) around a model based on responsible growth to take on the major challenges of energy’s transition to a low-carbon economy: access to sustainable energy, climate-change mitigation and adaptation, security of supply and the rational use of resources. The Group provides individuals, cities and businesses with highly efficient and innovative solutions largely based on its expertise in four key sectors: renewable energy, energy efficiency, liquefied natural gas and digital technology. ENGIE employs 152,900 people worldwide and achieved revenues of €74.7 billion in 2014. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe, DJSI World, DJSI Europe and Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20).

 

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