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ENGIE Greens Power Consumption of Smart Energy Decisions’ Renewable Energy Sourcing Forum from Solomon Forks Wind Project

September 13, 2020 – Houston, TX – ENGIE North America will help the upcoming Smart Energy Decisions’ Renewable Energy Sourcing Forum walk its own talk by offsetting the event’s entire three days’ worth of energy consumption from nonrenewable sources with Green-e® eligible renewable energy certificates (RECs). ENGIE will supply and donate the RECs from ENGIE’s new 276 MW Solomon Forks Wind Project for this September 16-18 event in Ponte Vedra, Florida.

 

The announcement marks the fourth Smart Energy Decisions conference ENGIE North America has supported with RECs, further illustrating the energy leader’s commitment to promoting sustainable strategies. The RECs supplied for this event represent the environmental attributes or benefits associated with a specific quantity of renewable energy generated by the Solomon Forks Wind Project.

Ken Cowan, Vice President of Solutions Sales and Marketing at ENGIE North America, said, “We are helping our customers drive toward a zero-carbon energy future. Supplying electricity consumption offsets for this event is a great example of our environmentally responsible energy management solutions. We are proud to demonstrate our ability to provide customers with a wide range of renewable products that support a carbon-free, sustainable future.”

ENGIE North America’s capabilities in renewable products span from RECs and green power supply to custom structured solutions and traditional and virtual power purchase agreements to support the development of new renewable generation assets. ENGIE North America integrates these capabilities with energy efficiency, information services, demand management, energy services and distributed generation opportunities to optimize supply, demand, and operations, and achieve energy management targets.

John Failla, Founder and Editorial Director of Smart Energy Decisions, said, “We’re honored to have the continued backing of ENGIE – a leader in the world’s transformation to a low-carbon energy economy. It’s important that we practice what we preach and ENGIE helps to make that possible with our partnership to drive change in support of the energy transition taking shape in today’s power markets.”

The Renewable Energy Sourcing Forum is an invitation-only event designed to help large energy users build and execute renewable energy strategies. The Renewable Energy Sourcing Forum is the third event brand operated by Smart Energy Decisions, an information and event platform dedicated to helping large energy users navigate the energy transition.

For more information on Smart Energy Decisions, visit www.smartenergydecisions.com.

About ENGIE North America Inc.
ENGIE North America manages a range of energy businesses in the United States and Canada, including clean power generation, cogeneration, and energy storage; retail energy sales; and comprehensive services to help customers run their facilities more efficiently and optimize energy and other resource use and expense. Nearly 100 percent of the company’s power generation portfolio is low carbon or renewable. Globally, ENGIE is the largest independent power producer and a leading energy efficiency services provider in the world, with operations in 70 countries employing 160,000 people, including 1,100 researchers in 12 R&D centers. For more information on ENGIE North America, visit our Instagram, LinkedIn, Twitter, or Facebook pages or www.engie-na.com website.

 

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MultiTech, Ltd. Transfers Ownership to Toronto-based Affiliate of Beswick Corporation

September 2, 2020 – Houston, TX – ENGIE North America announces a new owner for MultiTech, Ltd., a Canadian mechanical and electrical contractor. As of September 1st, ownership has transferred to an affiliate of Beswick Corporation, part of a group of companies owned by David and Kevin Beswick, investors in the greater Toronto area in Canada.

 

ENGIE decided to sell MultiTech Ltd., acquired 10 years ago, to a company that could refocus the business on profitable growth opportunities in its core greater Toronto market.

MultiTech, based out of Mississauga, Ontario, operates as a plumbing, mechanical and electrical contractor that offers fabrication and installation, new construction and retrofit and maintenance services in the greater Toronto area. The company currently employs approximately 100 salaried people, along with 300 to 400 laborers as union trades professionals.

Gwenaelle Avice-Huet, Executive Vice-President responsible for ENGIE Renewable business line and CEO of ENGIE North America, stated that she “appreciates the dedication of both the local MultiTech team and the ENGIE professionals that allowed for the best option for both parties and a successful transfer of ownership to the Beswick Corporation.”

“On behalf of Beswick Corp Management, our current employees and families, we look forward to welcoming our new team in servicing and growing our local areas. As a tier one, locally family owned multi trade organization, we are absolutely committed to growing MultiTech and remaining at the forefront of the industry,” said David Beswick & Kevin Beswick.

FMI Capital Advisors, Inc. served as financial advisor to ENGIE in the transaction.

About ENGIE North America
ENGIE North America Inc. offers a range of capabilities in the United States and Canada to help customers decarbonize, decentralize and digitalize their operations. These include comprehensive services to help customers run their facilities more efficiently and optimize energy and other resource use and expense; clean power generation; energy storage; and retail energy supply that includes renewable, demand response, and on-bill financing options. Nearly 100% of the company’s power generation portfolio is low carbon or renewable. Globally, ENGIE S.A. relies on their key businesses (gas, renewable energy, services) to offer competitive solutions to customers. With 170,000 employees, customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.
For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, www.engie-na.com and www.engie.com.

About Beswick Corporation
For more than thirty years, Beswick Corp has been dedicated to the prosperity of their Canadian company. From grassroots to a field in excess of over 200 employees, they are in a solid footprint to work with ENGIE and will continue to solidify their commitment to both their employees and their communities. In combination with real estate, infrastructure, mortgages, health care and residential home building, Beswick Corp is excited for their future.

ENGIE North America Media Contact:
Sandrine Deparis, sandrine.deparis@engie.com, (202) 855 3705

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ENGIE signs partnership with Hannon Armstrong for 2.3 GW Renewables portfolio in the US

July 2, 2020 – Houston, TX – ENGIE announces the signing of an agreement to sell 49% equity interest in a 2.3 GW US renewables portfolio to Hannon Armstrong (NYSE:HASI), a leading investor in climate change solutions. ENGIE will retain a controlling share in the portfolio and continue to manage the assets. On commissioning, this 2.3 gigawatts (GW) portfolio that comprises 1.8 GW of onshore wind and 0.5GW of solar photovoltaic (PV) projects, will represent a major milestone in achieving ENGIE’s goal of commissioning 9 GW additional renewable capacity by 2021.

 

“The U.S. is a key growth market for our renewables business, where we have a strong pipeline of opportunities and a solid development and operational platform to grow from. We are delighted to have partnered with Hannon Armstrong, a company solely dedicated to investments in climate change solutions,” said Gwenaëlle Avice-Huet, Executive Vice-President responsible for ENGIE Renewables business line and CEO of ENGIE North America.

“We have a shared mission to accelerate to the rapid adoption of climate change solutions, and we are pleased to partner with ENGIE once again to that end. This investment adds significant scale and diversity to our portfolio,” said Hannon Armstrong Chairman and CEO Jeffrey W. Eckel.

Under the agreement, Hannon Armstrong will take immediate ownership of 49% of 663 megawatts (MW) of commissioned wind projects. The remaining 1.6 GW of projects, currently under construction, will be transferred into the partnership upon commissioning. In line with its majority ownership, ENGIE will continue to consolidate the projects in its accounts.

In April 2020, ENGIE secured US$1.6 billion tax equity commitments, bringing the total tax equity commitments for the portfolio to almost US$2 billion. The size of the portfolio and the magnitude of its tax equity financing – the largest ever in the US – demonstrates ENGIE’s successful development in this market. Tax equity financing is the traditional structure used in the United States to support the development of renewable projects.

The portfolio comprises 13 projects (9 onshore wind projects and 4 solar), located in key markets in the United States, including the Electric Reliability Council of Texas (ERCOT), Midcontinent Independent System Operator (MISO), PJM Interconnection (PJM), the Southwest Power Pool (SPP) and PJM Interconnection (PJM).

About ENGIE North America
ENGIE North America Inc. offers a range of capabilities in the United States and Canada to help customers decarbonize, decentralize and digitalize their operations. These include comprehensive services to help customers run their facilities more efficiently and optimize energy and other resource use and expense; clean power generation; energy storage; and retail energy supply that includes renewable, demand response, and on-bill financing options. Nearly 100% of the company’s power generation portfolio is low carbon or renewable. Globally, ENGIE S.A. relies on their key businesses (gas, renewable energy, services) to offer competitive solutions to customers. With 170,000 employees, customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.

For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, www.engie-na.com and www.engie.com

About Hannon Armstrong Hannon Armstrong (NYSE: HASI) is the first U.S. public company solely dedicated to investments in climate change solutions, providing capital to leading companies in energy efficiency, renewable energy, and other sustainable infrastructure markets. With more than $6 billion in managed assets as of March 31, 2020, Hannon Armstrong’s core purpose is to make climate-positive investments with superior risk-adjusted returns. For more information, please visit www.hannonarmstrong.com. Follow Hannon Armstrong on LinkedIn and Twitter @HannonArmstrong.

ENGIE North America Media Contact:
Sandrine Deparis, sandrine.deparis@engie.com, (202) 855 3705

Hannon Armstrong Media and Investor Relations Contacts:
Gil Jenkins, media@hannonarmstrong.com, (443) 321 5753
Chad Reed, Investors@hannonarmstrong.com, (410) 571 6189

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Equity consortium closes acquisition of stakes in New York’s Astoria Energy facilities

June 22, 2020 – New York City, NY – The owners of Astoria Project Partners LLC (“APP”) and Astoria Project Partners II LLC (“APP II”) are pleased to announce the sale of 100% of the holdings in APP and approximately 55% of the holdings in APP II (together, the “Platform”) to a newly formed holding company, Astoria Power Partners Holding, LLC (“APPH”).

 

The selling owners of APP include ENGIE, Mitsui & Co, Harbert Power Fund III, LLC, Harbert Power Fund V, LLC, JEMB Family L.P., and funds managed by Ares EIF Management, LLC, and selling owners in APP II include ENGIE, Harbert Power Fund III, LLC, JEMB Family L.P., NM Harbert Astoria LLC, and TIAA.

APPH, the buyer, is comprised of a consortium of equity investors including APG, MEAG (Munich Re’s asset manager acting for investors from within Munich Re Group), Clal Insurance Company, and other US institutional investors.

Astoria Project Partners LLC wholly-owns Astoria Energy LLC, which owns and operates a 615 MW dual- fuel combined cycle generating facility located in Astoria, Queens, NY (“Astoria Energy”). Astoria Energy sells all of its output on a merchant basis into the New York Independent System Operator administered wholesale power market.

Astoria Project Partners II LLC wholly-owns Astoria Energy II LLC, which owns and operates a 615 MW dual-fuel combined cycle generating facility adjacent to Astoria Energy (“Astoria Energy II”). Astoria Energy II sells all of its output bilaterally to the New York Power Authority under a long-term power purchase agreement.

Astoria Energy and Astoria Energy II, clean state-of-the-art generating facilities with a remarkable operating track record, serve to simultaneously improve air quality, reduce wholesale power prices, and improve electric system reliability for consumers in New York City.

“Gas remains a key component of our strategy but the sale of ENGIE’s interest in Astoria Energy and Astoria Energy II is a step in our transition in the US from merchant generator to an ‘energy as a service’ solution provider” said Gwenaelle Avice-Huet, Executive Vice President of ENGIE and CEO of ENGIE North America.

“As an original developer, and the longest-participating partner in Astoria Energy, JEMB Family has been pleased to provide reliable electricity for many years to New York City, its corporate home. We congratulate the management team for such incredible professionalism and leadership, and wish the new owners well,” said Morris Bailey, head of JEMB.

Steven Hason, Head of Americas Real Assets at APG said, “As a pension investor, we are continuously looking for attractive infrastructure investments that help us realize stable and long-term returns for our pension clients. This transaction represents an opportunity to invest in facilities that provide reliable baseload electricity to New York City and will provide system stability through New York’s energy transition. We look forward to working with our partners who share our long-term investment goals with regard to this critical infrastructure asset.”

Holger Kerzel, Member of the Board of Management at MEAG, stated, “We are keen to invest in the United States, given the large US share of Munich Re’s insurance portfolio. Electricity supply for New York City is an attractive investment opportunity for Munich Re, given the moderate risks and stable and sustainable returns. The high level of long-term income stability will cover the liabilities in the insurance business of our clients. We are pleased to have teamed up with professional partners in this investment project to form a successful long-term relationship.”

Yossi Dory, Clal’s Chief Investment Officer, said, “We are proud to invest alongside reputable investors such as APG and MEAG in long-term, high-quality assets with a proven track record and excellent performance. The Astoria projects, which are the backbone of the New York City electric power system, will create long-term, sustainable returns for our pension, provident, and insurance members.”

Charles McCall, CEO of APP and APP II, stated “This is a remarkable transaction and marks a fantastic transition for our companies. With the coordinated sale of the Platform, our selling shareholders realized fair value for their interests and our new ownership group was able to establish a meaningful foothold in arguably the most attractive privately held infrastructure in the US power space. Working in close concert with our advisors and project counsel, our management team is proud to have helped deliver this result.”

The sellers were represented by Morgan Stanley and PJ Solomon, serving as financial advisors, and Morgan, Lewis & Bockius LLP as legal counsel.

Holland & Knight and Sidley Austin LLP acted as legal counsel to APPH.

About ENGIE North America
ENGIE North America Inc. offers a range of capabilities in the United States and Canada to help customers decarbonize, decentralize and digitalize their operations. These include comprehensive services to help customers run their facilities more efficiently and optimize energy and other resource use and expense; clean power generation; energy storage; and retail energy supply that includes renewable, demand response, and on-bill financing options. Nearly 100% of the company’s power generation portfolio is low carbon or renewable. Globally, ENGIE S.A. is the largest independent power producer and energy efficiency services provider in the world, employing 170,000 people in 70 countries.

For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, www.engie-na.com and www.engie.com.

About APG
APG is the largest pension delivery organization in the Netherlands; its approximately 3,000 employees provide executive consultancy, asset management, pension administration, pension communication, and employer services. APG performs these services on behalf of pension funds and employers in the sectors of education, government, construction, cleaning and window cleaning, housing associations, energy and utility companies, sheltered employment organizations, and medical specialists. APG manages approximately €512 billion (April 2020) in pension assets for the pension funds in these sectors. APG works for approximately 22,000 employers, providing the pension for one in five families in the Netherlands (about
4.7 million participants). APG has offices in Heerlen, Amsterdam, Brussels, New York, and Hong Kong.

APG has been an active infrastructure investor since 2004, investing approximately €15.0 billion to date and managing 35 direct stakes in portfolio companies. APG’s investments include assets within energy and utilities, telecommunications, and transport infrastructure. APG’s Global Infrastructure team is comprised of 35 investment professionals.

For more information, please go to https://www.apg.nl/en/news

About MEAG
MEAG manages the assets of Munich Re and ERGO. MEAG located in Munich, Germany, has representations in Europe (Luxemburg, Malta), North America (New York), Asia (Hong Kong) and offers its extensive know-how to institutional and private investors. MEAG manages an overall investment portfolio valued at €324 billion including virtually all important asset classes such as bonds, equities, real estate, and direct infrastructure equity and debt.

Among MEAG’s recently closed US infrastructure investments are a 25% stake in SouthWest Water Company as well as a debt investment in the 527 MW Carlsbad Energy Center in California. MEAG also advised on the acquisition of 330 Madison Avenue in New York City and Washington Building at 1440 New York Avenue. Last year, MEAG invested in 91,000 hectares of forest land in Texas and Louisiana.

More at 

About Clal
Clal Insurance Company (together with its subsidiaries) is primarily engaged in the insurance industry and the management of different long-term saving plans. Clal is one of the largest insurance companies in Israel, managing approximately $65 billion, with approximately 4,200 employees, and in cooperation with approximately 1,800 insurance agents.

The group’s activities are focused primarily on three segments: long-term savings, life insurance, non-life insurance and health insurance. Clal has extensive experience in the infrastructure market with a special focus on the power sector. Clal has been active across several U.S. power markets, including PJM, NYISO, ISO-NE, and ERCOT, participating as a lender and as an equity investor in transactions for a total capacity of over 6.5 GW.

Media Contacts

ENGIE North America
Sandrine Deparis 202-855-3705
E-mail: sandrine.deparis@engie.com

APG
Jennifer Bainbridge 917-368-3599
E-mail: Jennifer.Bainbridge@apg-am.com

MEAG
Dr. Josef Wild
+49 89 2489 2072
jwild@meag.com

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ENGIE Fast-Tracks Installation of Free Wi-Fi on School Buses to Support Distance Learning for California School Districts

June 17, 2020 – Oakland, CA – ENGIE North America today announced that it has rolled out a connectivity solutions pilot to provide four California school districts Wi-Fi-enabled school buses to serve students and their families. ENGIE’s ‘Student Wi-Fi Zone’ helps to bridge the digital divide.

 

ENGIE’s ‘Student Wi-Fi Zone’ helps to bridge the digital divide and provide reliable, long-distance learning solutions, free of charge, while maintaining social distancing. These buses provide fast internet within a 300-foot radius for those affected by California’s mandated shelter-in-place order. The mobile connectivity solution is made possible through a public/private partnership between the districts, ENGIE North America, and Icomera, an ENGIE company.

“In response to COVID-19, this solution is especially important because of the urgency around building equitable access to remote learning for California school districts – a story that we know is true of school districts across the U.S.,” said Courtney Jenkins, vice president and general manager for ENGIE North America. “Once we identified this opportunity to support our education partners’ critical need, we were able to procure, install and provide free Wi-Fi access within days. That’s a remarkable testament to the collaborative efforts between the school districts and ENGIE North America. All four school districts will continue to use ‘Student Wi-Fi Zone’ for summer sessions.”

Nearly 22 percent of U.S. households have no access to internet on a regular basis. During the shutdown of typical internet access points due to COVID-19 closures – including public libraries in addition to school sites – lack of reliable access to internet has become an even more significant barrier to new distance learning expectations. The school districts using ENGIE’s mobile connectivity solution include the Aromas-San Juan [San Benito County], North Monterey County [Monterey County] and John Swett [Contra Costa County].

According to Aromas-San Juan Superintendent Michele Huntoon, “We have close to 25 percent of our students who do not have access to the internet. Our area has multiple areas of ‘white spaces’ that are dead zones for internet access. We are thrilled to establish this partnership with ENGIE to bring a much-needed service to our students. The service will reduce the digital divide and address equity among our students as seen in the following video: https://www.youtube.com/watch?v=16qpK-S9zxM.

ENGIE North America is a leader in providing renewable energy and energy efficiency services to K-12 school districts in CA, having worked with more than 50 districts across the state. Icomera is the world’s leading provider of wireless Internet connectivity and application platforms for public transportation, committed to promoting green mobility. Its mobile devices are installed in more than 31,000 vehicles around the world. Mobile connectivity is an integral part of ENGIE’s Connectivity-asa-Service (CaaS). While the system can provide additional services in the future to help parents track buses, and the districts with fleet management, for now the system is tailored to address the needs of the student population. The Wi-Fi units provide a secure installation capable of blocking inappropriate sites and optimizing access across multiple cellular providers.

About ENGIE North America

ENGIE North America Inc. offers a range of capabilities in the United States and Canada to help customers decarbonize, decentralize and digitalize their operations. These include comprehensive services to help customers run their facilities more efficiently and optimize energy and other resource use and expense; clean power generation; energy storage; and retail energy supply that includes renewable, demand response, and on-bill financing options. Nearly 100% of the company’s power generation portfolio is low carbon or renewable. Globally, ENGIE S.A. is the largest independent power producer and energy efficiency services provider in the world, employing 170,000 people in 70 countries. For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, www.engie-na.com and www.engie.com.

About Icomera

Icomera is the world’s leading provider of wireless Internet connectivity for public transport and is committed to promoting green mobility. Serving millions of Wi-Fi users worldwide, our awardwinning technology makes public transport a better, safer, more attractive option for passengers, supporting our mission to help contribute to a reduction in carbon emissions of 3.5 million metric tons by 2022. A wholly owned subsidiary of ENGIE Solutions, Icomera is headquartered in Gothenburg, Sweden, with main offices in the United Kingdom, Germany, France, Italy, the United States and Canada. Find out more at icomera.com

Media Contacts:

Sandrine Deparis, sandrine.deparis@engie.com, (202) 855 3705

Anne Smith, anne.smith@engie.com, (408) 313 8089

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ENGIE North America Releases Inaugural Sustainability Report

April 22, 2020 – Houston – Today, as the world marks another Earth Day, ENGIE North America released its inaugural Sustainability Report. Download it on engie-na.com.

 

Fitting hand-in-glove with the 2020 Earth Day theme of “Climate Action”, the report details action ENGIE North America is taking, together with customers and communities, to achieve a zero-carbon future. The report outlines:

  • Impressive statistics, like:
       – a record-setting year of building nearly 500 MW of renewable capacity with 2GW currently in construction,
       – a 22.4% reduction of our direct CO2 emissions since 2017
       – women account for 38% of the ENGIE North America Executive Committee
  • Explanations of our main Corporate and Cities Power Purchasing Agreements (PPA)s like the ones with Walmart and The City of Philadelphia, and unique client relationships that span decades, such as those with Ohio State University, the University of Iowa and more.
  • Several customer and partner interviews that discuss ENGIE North America’s collaboration and solution-oriented approach to achieve client energy goals.

This report is a powerful illustration of ENGIE North America’s mission in the zero-carbon transition by accelerating the deployment of clean, affordable, innovative and resilient energy solutions.

“The crisis we are going through must not make us forget the other critical global challenge, climate change. Recovery will have to be green, sustainable and inclusive,” said Gwenaelle Avice-Huet, Executive Vice-President of ENGIE and CEO of ENGIE North America. “At ENGIE we are fully mobilized to make zero-carbon transition accessible for our customers. We look forward to continuing our role as a trusted partner for clients and communities as we take action together to fight climate change.”

In addition to the focus on sustainability, the report also outlines actions ENGIE North America is taking in diversity and inclusion, such as the company’s commitment to have women in half of all management positions by 2030; a commitment to responsible purchasing; an outline of education institution relationships; and more.

About ENGIE North America
ENGIE North America Inc. offers a range of capabilities in the United States and Canada to help customers decarbonize, decentralize and digitalize their operations. These include comprehensive services to help customers run their facilities more efficiently and optimize energy and other resource use and expense; clean power generation; energy storage; and retail energy supply that includes renewable, demand response, and on-bill financing options. Nearly 100% of the company’s power generation portfolio is low carbon or renewable. Globally, ENGIE S.A. is the largest independent power producer and energy efficiency services provider in the world, employing 160,000 people in 70 countries. For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, www.engie-na.com and www.engie.com.

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ENGIE signs Major Tax Equity Financing for its 2.0 GW US Renewables Portfolio

April 9, 2020 – Houston, TX – Today ENGIE North America announced it has signed a major tax equity financing for its renewables portfolio. The portfolio consists of 2.0 GW of renewable assets, comprised of 1.5 GW of onshore wind and 0.5 GW of utility-scale solar PV projects (11 farms in total). These assets are located in key markets, including Electric Reliability Council of Texas (ERCOT), Southwest Power Pool (SPP) and Pennsylvania, New Jersey, Maryland Power Pool (PJM).

 

Through the transaction and subject to meeting certain funding conditions, ENGIE North America has secured financing through tax equity commitments of up to 1.6bn USD on the projects through Bank of America and HSBC. Projects will be funded as they are commissioned beginning in April 2020.

As part of this transaction, ENGIE North America received proceeds for two wind farms commissioned in the past week: “East Fork”, a 196 MW wind project in Thomas County, Kansas and “Jumbo Hill”, a 161 MW wind project located in Andrews County, Texas.

The magnitude of the related portfolio (2 GW) and its successful financing testify that the United States is a priority market for ENGIE and lies at the core of ENGIE’s ambition to install globally 9 GW of additional renewables capacities between 2019 and 2021 (of which already 3 GW were installed globally in 2019).

“This is an important step in our zero-carbon energy transition in the United States, and we are excited to have the support of our strong partners, Bank of America and HSBC in this tax equity financing,” explains Gwenaelle Avice-Huet, Executive Vice-President of ENGIE and CEO of ENGIE North America. “The financing enables us to pursue our commitment to sustainable energy and increase our renewables footprint in the US with this 2.0 GW under development and construction for 2020.”

Tax Equity financing is the traditional structure used in the United States to support the development of renewables projects.

About ENGIE North America
ENGIE North America Inc. offers a range of capabilities in the United States and Canada to help customers decarbonize, decentralize and digitalize their operations. These include comprehensive services to help customers run their facilities more efficiently and optimize energy and other resource use and expense; clean power generation; energy storage; and retail energy supply that includes renewable, demand response, and on-bill financing options. Nearly 100% of the company’s power generation portfolio is low carbon or renewable. Globally, ENGIE S.A. is the largest independent power producer and energy efficiency services provider in the world, employing 160,000 people in 70 countries. For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, www.engie-na.com and www.engie.com.

Media Contacts:
ENGIE North America: Sandrine Deparis, sandrine.deparis@engie.com, (202) 855 3705

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ENGIE Completes Financial Close with University of Iowa

March 18, 2020 – Houston, TX – Today ENGIE announced the financial close reached on March 10th for the Public Private Partnership (P3) with the University of Iowa. ENGIE will manage the University’s utility system under a 50 years Concession Agreement.

 

On December 10, 2019, ENGIE and its partner Meridiam were awarded the concession valued at more than $1 billion dollars to manage the University of Iowa’s utilities and sustainability goals for two campuses spanning 1,700 acres in Iowa City, Iowa. These campuses together form one of the largest university footprints in the United States and serve over 35,000 students and approximately 14,000 employees.

The partnership allows the University to focus on its core mission of academics and research while working towards its goal of being coal-free by 2025, or sooner. At the same time, ENGIE and its partner Meridiam will focus on helping the University reduce its energy usage and leverage renewable energy generation sources, microgrids, energy storage and other technologies for a sustainable future.

Hannon Armstrong (NYSE: HASI), a leading investor in climate change solutions, holds a financial interest in the project through a preferred equity tranche.

The agreement requires that:

  • Sources of renewable energy and sustainable fuel will be used.
  • Legacy University of Iowa utility system employees being on-boarded by ENGIE.
  • Students, faculty and staff at the University will have opportunities to benefit from experiential learning and innovation via local and global internships, projects, and research opportunities in energy and other areas.

ENGIE will operate, maintain, optimize, and modernize the on-campus utility systems for the University under the agreement. The scope includes the provision for heating, cooling, and electricity to the campus through a dedicated network while also managing high quality and sanitary water and storm sewer services.

“ENGIE is excited to help lead the University of Iowa in its zero-carbon transition and towards a more sustainable energy future,” said Gwenaelle Avice-Huet, CEO of ENGIE North America.

About ENGIE North America
ENGIE North America Inc. offers a range of capabilities in the United States and Canada to help customers decarbonize, decentralize and digitalize their operations. These include comprehensive services to help customers run their facilities more efficiently and optimize energy and other resource use and expense; clean power generation; energy storage; and retail energy supply that includes renewable, demand response, and on-bill financing options. Nearly 100% of the company’s power generation portfolio is low carbon or renewable. Globally, ENGIE S.A. is the largest independent power producer and energy efficiency services provider in the world, employing 160,000 people in 70 countries. For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, www.engie-na.com and www.engie.com.

Media Contacts:
ENGIE North America: Sandrine Deparis, sandrine.deparis@engie.com, (202) 855 3705

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State Fund Launches Next Phase of Sustainability Plan with Comprehensive Energy Program Designed by ENGIE and JLL

February 20, 2020 – Pleasanton, CA – State Compensation Insurance Fund (State Fund) and ENGIE North America today announced an agreement to build solar photovoltaic (PV) panels, energy storage systems, and electric vehicle (EV) charging stations across seven different State Fund locations throughout California. ENGIE and JLL jointly designed this comprehensive program to help State Fund embark on the next phase of its broader sustainability strategy.

 

ENGIE will install up to 11 MW of solar panels across six State Fund facilities spanning from Riverside to Redding that will generate approximately 18,000,000 kWh of clean energy annually. This energy production will offset approximately 14,000 tons of greenhouse gas emissions — equivalent to taking about 2,700 cars off the road or planting about 204,000 trees each year. The energy storage systems — approx. 4,240 kWh of battery storage at four locations — will allow State Fund to store energy and avoid buying power from the electricity grid during the most expensive times of peak energy use each day.

Additionally, State Fund will install a network of more than 150 Level II and Level III electric vehicle (EV) charging stations at seven locations that will be used by fleet vehicles and available to employees. State Fund’s fleet currently includes eight battery electric vehicles (BEVs), three of which are new long-range BEVs that allow employees to quickly travel between State Fund locations while lowering their reliance on fossil fuels.

“Increasing our efforts and investments around sustainability initiatives will bring a number of benefits to State Fund customers and employees, our surrounding communities, and California as a whole,” said Andreas Acker, Executive Vice President and Chief Administrative Officer at State Fund. “This project with ENGIE and JLL is a huge step forward in our drive to reduce our use of fossil fuels, limit the load we place on local and statewide electrical grids, and improve overall air quality throughout California.”

This initiative is part of a broader sustainability strategy that State Fund has been rolling out for several years and will ramp up significantly over the years to come. Examples of State Fund’s sustainability efforts undertaken to date include:

  • Installation of exterior and interior LED lighting and energy efficient heating, ventilation and air conditioning (HVAC) systems at several locations.
  • Installation of daylight harvesting systems at all owned buildings.
  • Adoption of water-saving measures such as waterless or dual-flush toilets and low-flow faucets at most sites.
  • A recent internal campaign to “ban the bottle” and a substantial reduction in plastic water bottle purchases for State Fund-hosted events.

Overall, eight State Fund buildings have become Energy Star® certified and State Fund has reduced the energy used in its owned buildings by 10 percent since 2016.

“ENGIE is honored to have been chosen by State Fund and JLL to help develop this ground-breaking solar, storage, and EV charging solution set to support State Fund’s mission serving communities across California,” said Gwenaëlle Avice-Huet, CEO of ENGIE North America. “We believe that demand for renewable energy programs that incorporate additional, leading-edge solutions like battery storage and EV charging represent the next chapter of sustainability impact that will also effectively help us transition to a zero-carbon future.”

Kyle Goehring, Executive Vice President at JLL, added, “Bringing ENGIE — known for its zero-carbon transition ambition, history of delivering successful projects, and its strong balance sheet — together with State Fund’s commitment to sustainability made tremendous sense. We are committed to finding the right energy partner for our clients and helping them achieve their ambitions.”

The initial phases of this comprehensive energy program have already begun at some sites, and the entire project is currently planned to be completed by the end of 2020.

Press Contacts
State Fund: Susan Wells, swells@scif.com, (707) 455-9740
ENGIE NA: Sandrine Deparis, sandrine.deparis@engie.com, (202) 855 3705
JLL: Kristen Murphy, Kristen.Murphy@am.jll.com, (617) 848-1572

About State Fund
Established in 1914 by the state legislature, State Fund is California’s leading provider of workers’ compensation insurance and a vital asset to California businesses. State Fund supports California’s entrepreneurial spirit and plays a stabilizing role in the economy by providing fairly priced workers’ compensation insurance, helping California employers keep their workplaces safe, and restoring injured workers.

About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion, operations in over 80 countries and a global workforce of more than 93,000 as of December 31, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

About ENGIE North America
ENGIE North America Inc. offers a range of capabilities in the United States and Canada to help customers decarbonize, decentralize and digitalize their operations. These include comprehensive services to help customers run their facilities more efficiently and optimize energy and other resource use and expense; clean power generation; energy storage; and retail energy supply that includes renewable, demand response, and on-bill financing options. Nearly 100% of the company’s power generation portfolio is low carbon or renewable. Globally, ENGIE S.A. is the largest independent power producer and energy efficiency services provider in the world, employing 160,000 people in 70 countries. For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, www.engie-na.com and www.engie.com.

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ENGIE and City of Philadelphia Announce Power Purchase Agreement and Plans to Staff Construction of Adams County (PA) Solar Farm

February 6, 2020 – Houston, TX and Philadelphia, PA – ENGIE North America and the City of Philadelphia, in partnership with the Philadelphia Energy Authority, have in place a Power Purchase Agreement (PPA) for Philadelphia to purchase energy generated by the Adams County solar farm.

 

An information session is scheduled on February 13, 2020, to identify contractors and suppliers to staff the project in coordination with the City of Philadelphia. A job fair, to be scheduled for April, will focus on employment opportunities during the construction of the project.

The 80-Megawatt Adams County project was previously owned by Community Energy and is now being developed by ENGIE. The project will break ground in the First Half of 2020 and be operational in 2021. The solar farm will provide 22 percent of the electricity needed by city-owned buildings in Philadelphia. It is among the largest solar powered municipal projects in the country.

“The City of Philadelphia is committed to 100% renewable, zero carbon electricity by 2030 and this solar project is a major step towards that goal,” explains Christine Knapp, director of the Office of Sustainability for the City of Philadelphia. “We are excited to work with ENGIE to staff this project with dedicated, forward-thinking Philadelphians.”

“We are excited to work with Adams County and the City of Philadelphia to deliver on zero carbon affordable energy and set a standard and example for other municipalities in the United States,” said Luis Felipe Birolini, Head of solar development at ENGIE North America.

This project reinforces ENGIE’s strategy to become a leader in the zero-carbon transition for companies and local authorities. ENGIE plans to build more than 1GW of new renewable capacity in the US in 2020, supporting its global ambition of building approximately 9 GW between 2019-2021.

Contractor and Supplier Information Session
During construction of the solar project, companies will employ more than 150 people.

What: Opportunity Information Session for Qualified Contractors and Suppliers
When: February 13, 2020 at 8:30 a.m. – 10:30 a.m. EST
Where: First District Plaza, 3801 Market Street, Renaissance Room 3rd Floor, Philadelphia, PA 19104
Who: Seeking qualified construction and engineering sub-contractors

Name the Adams County Solar Project
The City of Philadelphia welcomes Philadelphians to help name this exciting new solar project. Voting on the official name for the project can be done online at: http://www.phila.gov/solarproject. A winning name will be announced in April.

About ENGIE North America
ENGIE North America Inc. offers a range of capabilities in the United States and Canada to help customers decarbonize, decentralize, and digitalize their operations. These include comprehensive services to help customers run their facilities more efficiently and optimize energy and other resource use and expense; clean power generation; energy storage; and retail energy supply that includes renewable, demand response, and on-bill financing options. Nearly 100% of the company’s power generation portfolio is low carbon or renewable. Globally, ENGIE S.A. is the largest independent power producer and energy efficiency services provider in the world, employing 160,000 people in 70 countries. For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, www.engie-na.com and www.engie.com.

About the Philadelphia Office of Sustainability
The Philadelphia Office of Sustainability (OOS) works with partners around the City to improve the quality of life in all Philadelphia neighborhoods, reduce the city’s carbon emissions, and prepare Philadelphia for a hotter, wetter future. OOS is responsible for implementing Greenworks Philadelphia, the city’s comprehensive sustainability plan. Learn more at www.phila.gov/green.

About Philadelphia Energy Authority
The Philadelphia Energy Authority (PEA) is a municipal government entity supporting the City on energy affordability and sustainability. Created in 2010, PEA is focused on developing and facilitating long-term energy projects and policies, and supporting a robust clean energy economy in Philadelphia. Among other work, PEA holds long-term energy contracts on behalf of the City. For more information on PEA’s work, visit www.philaenergy.org.

About Community Energy
Community Energy has developed and financed 1,900 MW of renewable energy power projects across the country, including 1,200 MW of solar power. Community Energy combines power marketing and development expertise to build renewable generation projects economically and at scale, and has been a leading renewable energy developer for more than 15 years, developing many of the first and largest wind and solar projects in the United States. Community Energy is headquartered in Radnor, Pennsylvania with offices in Boulder, Colorado, and Chapel Hill, North Carolina. For more information about Community Energy, please visit https://www.communityenergyinc.com/.

Media Contacts
City of Philadelphia: Kelly Cofrancisco, kelly.cofrancisco@phila.gov, (215) 686-6210
ENGIE North America: Sandrine Deparis, sandrine.deparis@engie.com, (202) 855 3705

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