Altergaz

Altergaz was the first French independent natural gas company in France, based in Paris and founded by Robert Delbos and Jean-Paul George in 2003. In 2012, Eni, the Italian Oil & Gas multinational acquired Altergaz.[1][2]

Altergaz S.A.
Private S.A.
IndustryEnergy
Founded2003
Founder
Headquarters
Levallois-Perret
,
France
Key people
Productsnatural gas
Revenue €1.6 billion (2012)
OwnerEni from 2012
Number of employees
200
Websitewww.eni.it

History

Altergaz was initially founded in 2003 by two former senior executive of French energy sectors: Robert Delbos and Jean-Paul George. Robert Delbos was Chief of Treasury and CFO of EDF-GDF (today EDF and Engie) and then Chairman-CEO of Petrofigaz (today Solfea bank). Jean-Paul George was the former number 2 of GDF (today Engie) as sales manager in the 90s and the founder-CEO of Cofathec group (today Engie Cofely).[2]

In 2004, the investor Georges Cohen, founder of Transiciel company joined Altergaz as business angel and became associate.[3]

In 2005, Altergaz was listed on Bourse de Paris stock exchange.[4]

In 2012, the turnover of Altergaz was around €1,6 billion.[5]

Partnership with Eni

From 2007, Altergaz created a strong industrial and financial partnership with the Italian oil and gas multinational Eni.[6] From 2010, Eni is the first shareholder of Altergaz with more than 63% of the capital and in 2011 Eni got around 98% of shares.[7]

Altergaz became Eni

The October 1st 2012, Eni acquired Altergaz in full and was renamed Eni Gas & Power France.[8]

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References
  1. "Robert Delbos – World Policy Conference".
  2. "Robert Delbos". Les Echos. August 24, 2005.
  3. "Georges Cohen, un autodidacte devenu millionnaire". April 12, 2005 – via Le Monde.
  4. "Altergaz, retenu comme fournisseur de dernier recours – Enerzine".
  5. "ENI GAS & POWER FRANCE à LEVALLOIS PERRET (92300), bilan gratuit 2017, sur SOCIETE.COM (451225692)". www.societe.com.
  6. Bourse, Zone. "Altergaz : ENI Gaz et Power se renforce dans ALTERGAZ | Zone bourse". www.zonebourse.com.
  7. "Altergaz se rebaptise ENI pour mieux conquérir les particuliers". La Tribune.
  8. "Altergaz devient Eni – Eni". www.eni.com.
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