Engie has a problem. Engie (pronounced “ahn-jee” in French), is a large state-controlled, French energy conglomerate. This is a long and storied corporation with antecedents dating back to the founding of the Suez Canal Co. in 1858. But in its present (Engie) manifestation it reflects the 2008 merger of the water company, Suez S.A. and the French gas company, Gaz de France and the subsequent spin off of the water business renamed Suez Environment. The new management of the combined entity wanted a simple, peppy name. Too bad they didn’t…
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