Henri Proglio and Gerard Mestrallet, the Frenchmen who run the world’s biggest utilities, fought for a decade to win water contracts around the world. Now, the rivalry goes nuclear.
GDF Suez SA, the biggest buyer of gas in Europe, is considering a bid for Repsol SA’s liquefied natural gas assets, according to Chief Executive Officer Gerard Mestrallet.
Europe is driving its largest power and natural-gas utility off the continent.
European Union leaders have taken the necessary steps to deal with Ireland’s debt crisis, Gerard Mestrallet, chief executive officer of French utility GDF Suez SA , said in an interview with Agefi.
GDF Suez SA, operator of Europe’s biggest natural gas network, denied a report that it plans to lower its stake in water utility Suez Environnement.
"We want to discuss the totality of the tax system with the government."
- Gerard Mestrallet on Nov 13, 2014