Connection

popular articles

Oil and Gas M&A: A Slowdown in 2025 Despite $150 Billion in Opportunities for Rystad
Solaria’s Spectacular Ascension into the Solar Energy Sector
CNOOC develops an oil field with a capacity of 13,600 barrels per day
Petronas delays LNG loading at Bintulu at the height of the summer season
Discussions with Rolls-Royce for SMRs in Sweden and Finland

Air Liquide: New Governance from June 2022, Benoît Potier proposed to remain Chairman

Please share:

On Wednesday, industrial gases group Air Liquide announced a new governance structure, with the dissociation from June 2022 of the functions of Chief Executive Officer and Chairman of the Board of Directors, held by Benoît Potier since 2006.

Air Liquide enters a new cycle

François Jackow, 52, is to be appointed Chief Executive Officer, succeeding Benoît Potier, 64, whose term as Chairman of the Board of Directors will be up for renewal in May 2022, the Group said in a press release.
The Board of Directors met on Tuesday to examine the succession plan for the head of the Group, which the Appointments and Governance Committee had been working on for “more than two years”, as Benoît Potier approached the age limit (65) for the position of CEO.
François Jackow, who joined Air Liquide in 1993 and was the front-runner, is currently Executive Vice-President and oversees the Europe Industries, Europe Healthcare and Africa-Middle East-India divisions.

Retaining Benoît Potier’s experience

In its press release, Air Liquide is delighted to retain “the benefit of Benoît Potier’s successful experience in both functions and his attachment to the values of the Group he has led for 20 years and chaired for 15”.
Under his tenure, Air Liquide has more than doubled in size and its capitalization has increased fivefold, says the Group, recalling its recent positioning on “markets of the future” such as healthcare, digital and the energy transition with hydrogen.

“With this change in governance, which combines continuity and renewal, the Group is beginning a new chapter in its history, coinciding with the launch of our new strategic plan to be presented in March 2022,” said Benoît Potier, quoted in the text.

Strong economic recovery in Q3 2021

Air Liquide enjoyed a strong recovery in the third quarter, with a 17.2% jump in sales to 9.4% for the first nine months of the year, marked by major investments in hydrogen and the energy transition.
Air Liquide plans to invest a total of around €8 billion in low-carbon hydrogen between now and 2035.

Register free of charge for uninterrupted access.

Publicite

Latest news

EDF faces government dispute over nuclear financing and industrial electricity prices
Oklo and Deep Atomic initiate regulatory steps in the US for small modular reactors
Fortum selects three suppliers for potential Nordic nuclear project
The UK STEP project promises regional economic impact of GBP489 mn per year
Baltic Power obtains first conformity certificates for offshore wind farm in Poland

Recently published in

Global energy demand surged by 2.2% in 2024, driven by electricity

Global energy consumption growth doubled in 2024 compared to its ten-year average, fuelled by rising electricity use in advanced and emerging economies, according to a report by the International Energy Agency.
Crowley and Naturgy launch LNG supply between the United States and Puerto Rico
Crowley, in partnership with Naturgy, has launched LNG transport to Puerto Rico, bypassing restrictions imposed by the Jones Act to meet the island's energy demand.
en_1140290954540-14
Crowley and Naturgy launch LNG supply between the United States and Puerto Rico
Crowley, in partnership with Naturgy, has launched LNG transport to Puerto Rico, bypassing restrictions imposed by the Jones Act to meet the island's energy demand.
en_1140290954540-14
Abastible signs a long-term renewable energy purchase agreement with Zelestra in Chile
Abastible, a Chilean company specializing in liquefied gas and electricity, has signed a power purchase agreement with Zelestra. This hybrid project combines 220 MWdc of solar energy and 1 GWh of battery storage to support night-time energy supply.
en_1140290950540-14
Abastible signs a long-term renewable energy purchase agreement with Zelestra in Chile
Abastible, a Chilean company specializing in liquefied gas and electricity, has signed a power purchase agreement with Zelestra. This hybrid project combines 220 MWdc of solar energy and 1 GWh of battery storage to support night-time energy supply.
en_1140290950540-14
Brookfield finalises the acquisition of Neoen and becomes the majority shareholder
Brookfield has completed the acquisition of 97.73% of Neoen, a French renewable energy producer, and has initiated the process to withdraw the company from the Paris Stock Exchange.
en_1140290943540-16
Brookfield finalises the acquisition of Neoen and becomes the majority shareholder
Brookfield has completed the acquisition of 97.73% of Neoen, a French renewable energy producer, and has initiated the process to withdraw the company from the Paris Stock Exchange.
en_1140290943540-16

Octopus Energy invests in four new renewable energy projects in France

Octopus Energy Generation announces four new investments in renewable energy in France, bringing the total capacity of its assets in the country to over 500 MW, with a target of one billion euros invested by 2025.
Nexans sells its industrial division Lynxeo to Latour Capital for 525 million euros
Nexans has announced that it has entered into exclusive negotiations with the investment fund Latour Capital for the sale of Lynxeo, its industrial cable division, for an amount of 525 million euros. This transaction is part of the group’s strategy to focus on electrification.
en_1140290949540-12
Nexans sells its industrial division Lynxeo to Latour Capital for 525 million euros
Nexans has announced that it has entered into exclusive negotiations with the investment fund Latour Capital for the sale of Lynxeo, its industrial cable division, for an amount of 525 million euros. This transaction is part of the group’s strategy to focus on electrification.
en_1140290949540-12
France: Carester launches rare earth recycling plant in Lacq with €216 mn funding
Lyon-based company Carester has begun construction of a rare earth recycling and refining plant in Lacq, Pyrénées-Atlantiques, after securing €216 million in funding from the French government and Japanese partners. The site, named Caremag, is set to begin operations by the end of 2026.
en_1140290948540-12
France: Carester launches rare earth recycling plant in Lacq with €216 mn funding
Lyon-based company Carester has begun construction of a rare earth recycling and refining plant in Lacq, Pyrénées-Atlantiques, after securing €216 million in funding from the French government and Japanese partners. The site, named Caremag, is set to begin operations by the end of 2026.
en_1140290948540-12
France: uncertainties and challenges in industrial transformation at Fos-sur-Mer
In Fos-sur-Mer, the transformation of the industrial-port zone into a low-carbon industrial hub raises both ambitions and questions. Despite announced investments, challenges related to infrastructure, energy, and timelines remain significant.
en_1140290947540-12
France: uncertainties and challenges in industrial transformation at Fos-sur-Mer
In Fos-sur-Mer, the transformation of the industrial-port zone into a low-carbon industrial hub raises both ambitions and questions. Despite announced investments, challenges related to infrastructure, energy, and timelines remain significant.
en_1140290947540-12

Ecopetrol launches a market maker program to improve the liquidity of its shares

Ecopetrol S.A. has initiated a market maker program in collaboration with Andes Investment Group Inc. and Valores Bancolombia S.A. Comisionista de Bolsa, aiming to improve trading conditions and the liquidity of its shares on the Colombian Stock Exchange.
TotalEnergies vs NGOs: Frequent Accusations, Rarely Convicted
TotalEnergies faces multiple lawsuits initiated by international NGOs over environmental and social issues related to its global projects. While several cases remain ongoing, the majority have been dismissed or dropped by the courts, questioning their legitimacy.
en_1140290953540-11
TotalEnergies vs NGOs: Frequent Accusations, Rarely Convicted
TotalEnergies faces multiple lawsuits initiated by international NGOs over environmental and social issues related to its global projects. While several cases remain ongoing, the majority have been dismissed or dropped by the courts, questioning their legitimacy.
en_1140290953540-11
Enel doubles its net profit to €7 billion in 2024 despite falling energy prices
Enel doubled its net profit to €7 billion in 2024, despite the decline in electricity and gas prices. The company also reduced its net debt through asset disposals and implemented a strategy focused on profitability.
en_1140290943540-11
Enel doubles its net profit to €7 billion in 2024 despite falling energy prices
Enel doubled its net profit to €7 billion in 2024, despite the decline in electricity and gas prices. The company also reduced its net debt through asset disposals and implemented a strategy focused on profitability.
en_1140290943540-11
US data centre capacity exceeds 92 GW by the end of 2024, according to Wood Mackenzie
US data centre capacity surpassed 92 GW by the end of 2024, with a significant rise in investments and larger projects, driven by the increasing demand for artificial intelligence (AI).
en_1140290958540-10
US data centre capacity exceeds 92 GW by the end of 2024, according to Wood Mackenzie
US data centre capacity surpassed 92 GW by the end of 2024, with a significant rise in investments and larger projects, driven by the increasing demand for artificial intelligence (AI).
en_1140290958540-10

Viridien raises $925 million to refinance its debt

Viridien S.A. has completed a $925 million senior secured bond issuance to refinance its second-lien debt and strengthen its liquidity profile. Rating agencies have upgraded their assessments following this transaction.
JSW Energy acquires KSK Mahanadi Power for $1.93 billion
JSW Energy has completed the acquisition of KSK Mahanadi Power Company Limited for $1.93 billion, adding 1,800 MW to its operational capacity and bringing its total capacity beyond 10 GW.
en_1140290959540-7
JSW Energy acquires KSK Mahanadi Power for $1.93 billion
JSW Energy has completed the acquisition of KSK Mahanadi Power Company Limited for $1.93 billion, adding 1,800 MW to its operational capacity and bringing its total capacity beyond 10 GW.
en_1140290959540-7
Velto Renewables and Q ENERGY join forces to acquire 530 MW in Europe
Velto Renewables, backed by Caisse de dépôt et placement du Québec (CDPQ), and Q ENERGY have signed an agreement to acquire renewable energy projects in Europe. An initial portfolio of 130 MW has been acquired in France, with an additional 400 MW planned in Spain and Portugal.
en_1140290954540-7
Velto Renewables and Q ENERGY join forces to acquire 530 MW in Europe
Velto Renewables, backed by Caisse de dépôt et placement du Québec (CDPQ), and Q ENERGY have signed an agreement to acquire renewable energy projects in Europe. An initial portfolio of 130 MW has been acquired in France, with an additional 400 MW planned in Spain and Portugal.
en_1140290954540-7
Getlink’s net profit drops by 5% in 2024, impacted by competition and ElecLink suspension
In 2024, Getlink reported a 5% drop in net profit, reaching €317 million. This decline is attributed to the temporary suspension of its ElecLink cross-Channel cable and the growing competition from ferries.
en_1140290943540-6
Getlink’s net profit drops by 5% in 2024, impacted by competition and ElecLink suspension
In 2024, Getlink reported a 5% drop in net profit, reaching €317 million. This decline is attributed to the temporary suspension of its ElecLink cross-Channel cable and the growing competition from ferries.
en_1140290943540-6

Baker Hughes and Woodside Energy announce partnership to develop small-scale decarbonisation technology

Baker Hughes and Woodside Energy have signed an agreement to develop a low-carbon energy production solution using the NET Power platform, targeting the energy and industrial sectors at small scale.
Vaalco Energy secures $300 million revolving credit facility
Vaalco Energy, Inc. has announced the signing of a new $300 million revolving credit facility with The Standard Bank of South Africa Limited, aimed at supporting its growth projects and investments across its African assets.
en_1140290950540-4
Vaalco Energy secures $300 million revolving credit facility
Vaalco Energy, Inc. has announced the signing of a new $300 million revolving credit facility with The Standard Bank of South Africa Limited, aimed at supporting its growth projects and investments across its African assets.
en_1140290950540-4
Public companies emit more CO2 than private firms, according to a study
State-owned companies, such as Saudi Aramco, are responsible for more CO2 emissions than private firms like Shell or ExxonMobil, according to a study by the British think tank InfluenceMap.
en_1140290958540-4
Public companies emit more CO2 than private firms, according to a study
State-owned companies, such as Saudi Aramco, are responsible for more CO2 emissions than private firms like Shell or ExxonMobil, according to a study by the British think tank InfluenceMap.
en_1140290958540-4
Con Edison launches public offering of 6.3 million common shares
Consolidated Edison announces the sale of 6.3 million common shares via Barclays, with proceeds intended to support its capital needs and other business purposes.
en_1140290955540-4
Con Edison launches public offering of 6.3 million common shares
Consolidated Edison announces the sale of 6.3 million common shares via Barclays, with proceeds intended to support its capital needs and other business purposes.
en_1140290955540-4

ABB invests $120 million in two US factories to meet data centre demand

Industrial group ABB announces a $120 million investment in two new US factories aimed at boosting production capacity to meet the strong demand from data centres.
La Caixa acquires 5% stake in Veolia, becoming strategic investor
Spanish banking group La Caixa takes a 5% stake in Veolia, becoming a strategic investor in the French environmental services giant. The collaboration aims to support Veolia's development plan.
en_1140290948540-3
La Caixa acquires 5% stake in Veolia, becoming strategic investor
Spanish banking group La Caixa takes a 5% stake in Veolia, becoming a strategic investor in the French environmental services giant. The collaboration aims to support Veolia's development plan.
en_1140290948540-3
Eni and PETRONAS announce joint venture project to create a major player in Southeast Asia
Eni and PETRONAS partner to create a joint venture in the energy sector, combining their assets in Indonesia and Malaysia to form a strategic player with reserves estimated at 3 billion barrels of oil equivalent.
en_1140290945540-2
Eni and PETRONAS announce joint venture project to create a major player in Southeast Asia
Eni and PETRONAS partner to create a joint venture in the energy sector, combining their assets in Indonesia and Malaysia to form a strategic player with reserves estimated at 3 billion barrels of oil equivalent.
en_1140290945540-2
Boralex reports net earnings of $74 million for fiscal 2024 and continues construction of its large-scale projects
Boralex reported financial results for 2024 marked by lower production due to adverse weather conditions but maintains a strong financial position thanks to record financing and the progression of its renewable energy projects.
en_1140290959540
Boralex reports net earnings of $74 million for fiscal 2024 and continues construction of its large-scale projects
Boralex reported financial results for 2024 marked by lower production due to adverse weather conditions but maintains a strong financial position thanks to record financing and the progression of its renewable energy projects.
en_1140290959540

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS