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FAQs
What type of company is GDF SUEZ Energy North America?
GDF SUEZ Energy North America (GSENA) is the corporate entity that represents GDF SUEZ's energy presence in North America. GSENA comprises several different business units: GDF SUEZ Energy Generation NA, Inc., GDF SUEZ LNG NA, GDF SUEZ Energy Marketing NA, Inc., and GDF SUEZ Energy Resources NA, Inc.
How many employees does GDF SUEZ Energy North America have?
While the number fluctuates somewhat as with any business, GSENA employs more than 2,000 people throughout the United States, Canada and Mexico.
How long has GDF SUEZ Energy North America been operating in the U.S.?
GDF SUEZ began its development activities in the United States in the early 90s, first buying and then building power generating facilities. As the world's largest independent power producer, GDF SUEZ has more than 100 years experience in the energy industry.
How much annual revenue does GDF SUEZ Energy North America represent on the average?
As we are part of GDF SUEZ group, our revenue and other financial data are reported along with the other businesses and not broken out separately. In 2009, GDF SUEZ reported 79.9 billion EUROs in revenue.
Is GDF SUEZ Energy North America a publicly traded company?
Our representation on the public market is through our parent company, GDF SUEZ. GDF SUEZ is listed on the Euronext Paris, Euronext Brussels, and Luxembourg markets and is represented in the main international indices: CAC 40, SBF120, EURONEXT 100, CAC ALL SHARES, and Dow Jones Stoxx 600. Our symbol is GSZ.
Exactly what services does GDF SUEZ Energy Resources provide?
GDF SUEZ Energy Resources is GSENA's vehicle to provide end-user retail energy products directly to commercial and industrial customers in key deregulated states. The company's goal is to become the preferred retail provider of energy products and services to a select group of end-user customers in North America. As evidence of the progress in that regard, the company recently received a score of "8-plus" out of 10 on a customer survey.
Where is GDF SUEZ Energy Resources active?
GDF SUEZ Energy Resources serves more than 50,000 commercial and industrial customer accounts in 10 states and the District of Columbia.
When was the company founded, and how has it progressed thus far?
GDF SUEZ Energy Resources was founded in mid-2002, and began serving its first customer in January 2003. The company has grown from providing electricity to three original states to seven in less than two years, and plans to expand into new markets soon. The company is uniquely positioned to help customers minimize risks and maximize savings by focusing on the customer's needs and tailoring the products and services specifically to meet those needs. For more information about GDF SUEZ Energy Resources, visit www.gdfsuezenergyresources.com.
What does GDF SUEZ Energy Marketing NA do?
GDF SUEZ Energy Marketing NA, Inc. is charged with managing and optimizing GSENA's portfolio of assets. It is also responsible for power marketing, fuel procurement and emissions trading.
Does SUEZ Energy Marketing NA participate in proprietary trading?
No, GSEMNA's role is to trade around GSENA's assets as well as provide supply to GDF SUEZ Energy Service' growing markets.
What else does SUEZ Energy Marketing NA do?
GDF SUEZ Energy Marketing NA specifically trades all the power generated by GSENA's fleet of merchant plants, and is responsible for the development, analysis and communication of market intelligence. In total, GDF SUEZ Energy Marketing NA's mission with regard to GSENA is to actively and profitably manage the company's portfolio of commodity pricing across a continuum associated with assets (power facilities, merchant power plants,GDF SUEZ Gas NA, etc.) as well as contracts (GDF SUEZ Energy Resources NA) by leveraging human resources, direct capital and credit consistent with the business strategies of GSENA.
Where is SUEZ Energy Generation NA's geographical focus?
For the most part GDF SUEZ Energy Generation NA's generating facilities are located predominantly in New England and the northeastern United States and into Atlantic Canada, as well as in Texas, the southern region, and Mexico.
What differentiates GDF SUEZ Energy Generation NA from its competitors in the power industry?
GSEGNA has a consistent track record of being a low-cost, high availability operator whose portfolio over time has delivered in excess of 95 percent availability with less than 3 percent forced outage rate. In other words, we're dependable.
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