The 200MW Sun Valley Solar agreement will represent power equivalent to the annual electricity needs of more than 50,000 U.S. homes and support the local agricultural eco-system.

CINCINNATI and HOUSTON, Sept. 20, 2022 /PRNewswire/ — Procter and Gamble (P&G) and ENGIE North America (ENGIE) announced today a 200 MW Power Purchase Agreement from ENGIE’s Sun Valley Solar project located in Hill County, Texas, 65 miles southwest of Dallas.

This solar energy agreement is the largest for P&G globally. Once production commences at Sun Valley later this year, it will supply P&G with more than 530,000 MWh of renewable power annually. For comparison, that is enough renewable electricity to power 1 in every 3 residences in P&G’s home city of Cincinnati, OH.

The agreement with ENGIE North America, a subsidiary of ENGIE S.A., a global leader in the transition to renewable energy, is part of P&G’s comprehensive plan to accelerate action toward net-zero GHG emissions by 2040. The agreement is expected to displace the equivalent of more than 367,000 metric tons of CO2-equivalent from the electricity grid each year.

“Partnering on new renewable power projects brings long-term, zero emissions renewable electricity on-line and is an important strategy to help us achieve our goal of purchasing 100% renewable electricity.” said Jack McAneny, P&G Vice President Global Sustainability. “We are excited to work with ENGIE on projects like Sun Valley that progress our strategy and provide benefits to the local community.”

The Sun Valley Solar project is part of ENGIE’s more than 5 GW of wind, solar and storage in operation or construction across North America. The 250 MW project will become a long-term contributor to the 36,000 residents of the Hill County community. The project is expected to generate tax revenues of around $8 million to support county services and an additional $18 million in revenues to the Abbot School district, supporting teachers and educational infrastructure over the life of the project.

“We are very much in the ‘era of renewables’ and the clear targets set by P&G reflect the acceleration of that trend – we are honored to build on our long-standing relationship with them,” said Dave Carroll, Chief Renewables Officer, ENGIE North America. “These are long-term projects that will not only produce renewable power, but provide jobs, tax revenues and economic growth, and we are privileged that the Hill County community is part of this journey. We have activities in more than 100 counties across the U.S. and Canada – the energy transition is really one that will be powered by communities across the continent.”

As part of the development, a portion the project will be planted with locally appropriate vegetation that supports pollinators, such as butterflies and bees that are critical to the longer-term sustainability of wider agricultural eco-system.

Once in operation, up to 1500 head of sheep will also graze the site, providing natural vegetation management around and under the solar installation.

‘Both P&G and ENGIE North America brought a vision to this project that strategically considered how to weave multiple benefits into the renewable energy platform of the project. Pollinator health and habitat benefits are one of those multiple benefits that will help deliver on the overall sustainability goals and mission of both companies.’

– Peter Berthelsen, President Conservation Blueprint

Construction is underway at Sun Valley, creating 300-400 temporary jobs, while up to six new permanent roles will support local operations over the life of the project.



About Procter & Gamble
P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit https://www.pg.com for the latest news and information about P&G and its brands. For other P&G news, visit us at https://www.pg.com/news.

About ENGIE North America
Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a global leader in low-carbon energy and services. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges. Together with our 101,500 employees around the globe, our customers, partners and stakeholders, we are committed to accelerate the transition toward a carbon-neutral world, through reduced energy consumption and more environmentally friendly solutions. Inspired by our purpose (“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. In North America, ENGIE helps our clients achieve their energy efficiency, reliability, and ultimately, their sustainability goals, as we work together to shape a sustainable future. We accomplish this through: energy efficiency projects, providing energy supply (including renewables and natural gas), and the development, construction and operation of renewable energy assets (wind, solar, storage and more). For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, https://www.engie-na.com/ and https://www.engie.com.



Contacts

Procter & Gamble

Lindsey Morahan, Corporate Communications

mediateam.im@pg.com

ENGIE North America

Michael Clingan, Press Relations

Michael.clingan@external.engie.com

Equity and tax-equity financing with multiple partners continues to support growth of 4 GW operating portfolio in North America.

 

HOUSTON, March 31, 2022 /PRNewswire/ — ENGIE North America (“ENGIE”) announced it has successfully completed Tax-Equity financing for its Iron Star and Priddy wind projects and Equity financing for the portfolio of these assets plus the Hawtree solar project which recently declared commercial operations. Together they total approximately 665 MW.

The two wind projects located in Ford County, Kansas and Mills County, Texas, respectively, are owned by affiliates of ENGIE. The Hawtree project is in Warren County, North Carolina. Leading financial institutions participated in the financing which included long-standing Tax-Equity relationships with Bank of America and Wells Fargo among others and a new relationship with InfraRed Capital Partners (US) (“InfraRed”) who provided equity investments for the projects.

A wholly owned ENGIE affiliate is operating the Iron Star, Priddy and Hawtree projects pursuant to long term balance of plant operation and maintenance agreements with the project companies. The projects are part of the more than 4 GW portfolio of renewable energy assets currently managed by the company across North America.

“We are excited to again collaborate with Bank of America and Wells Fargo among others to fund our growing renewables portfolio. We are also happy to be joined by a new equity partner in InfraRed – we are creating long-term relationships that are helping to accelerate the journey to carbon neutrality across the United States.” said Eric De Caluwe, Head of Acquisitions, Investments and Financial Advisory (AIFA) for ENGIE North America.

“ENGIE’s deep operating experience of renewable projects coupled with our relationships with leading financial institutions such as Bank of America, Wells Fargo and InfraRed provides the strongest foundation possible to meet the need for major expansion of wind, solar and storage capacity across North America,” said David Carroll, Chief Renewables Officer, ENGIE North America. “With more than 4,500 MW of renewables in operation or construction in North America, building strong collaborations such as these is a cornerstone of our approach”.

There are 62 wind turbines capable of producing 4.8 MW each in commercial operation at the Iron Star project and 63 turbines of the same size operating at the Priddy project. The Hawtree project’s installed capacity is equal to 65 MWac. The renewable power that is produced at the projects will be sold under previously agreed long-term Power Purchase Agreements. The three projects will become long-term neighbors and members of their Kansas, Texas and North Carolina communities, diversifying and supporting local economic development and putting Ford, Mills and Warren Counties at the heart of the energy transition.

“Wells Fargo is proud to support large scale renewable energy projects like Iron Star and Priddy” said Philip Hopkins, head of Wells Fargo’s Renewable Energy & Environmental Finance group. “Providing expertise and capital to important customers like ENGIE is just one way we are helping accelerate the transition to a lower-carbon economy.”

Jack Paris, Head of the Americas for InfraRed Capital Partners, said “We are delighted to invest in Iron Star, Priddy and Hawtree and look forward to building a strong relationship with an experienced and industry leading partner, such as ENGIE. This investment expands our activities in North America and supports our significant growth ambition in the clean energy sector.”

The three projects were constructed during 2021 and early 2022 and can produce enough renewable power to meet the needs of around 200,000 average American homes.

About ENGIE North America
Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a global leader in low-carbon energy and services. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges. Together with our 170,000 employees around the globe, our customers, partners and stakeholders, we are committed to accelerate the transition toward a carbon-neutral world, through reduced energy consumption and more environmentally friendly solutions. Inspired by our purpose (“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. In North America, ENGIE helps our clients achieve their energy efficiency, reliability, and ultimately, their sustainability goals, as we work together to shape a sustainable future. We accomplish this through: energy efficiency projects, providing energy supply (including renewables and natural gas), and the development, construction and operation of renewable energy assets (wind, solar, storage and more). For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, https://www.engie-na.com/ and https://www.engie.com.

ENGIE North America Media Contact:
ENGIE North America: Michael Clingan, Michael.clingan@external.engie.com, (832) 745-6057

SOURCE ENGIE North America

Ocean Winds, ENGIE’s 50/50 joint venture with EDPR dedicated to offshore wind, has been awarded a 289 km2 lease area in the New York Bight offshore wind energy auction, for a site with a capacity of up to 1.7 GW.

Ocean Winds East, LCC, the partnership between Ocean Winds and New York-based Global Infrastructure Partners (GIP), a leading independent infrastructure fund manager, was named as the winning bidder of the right to lease a 289 km² area, Central Bight, off the coast of New York and New Jersey. This lease area was part of the six offshore sites awarded by the U.S. Bureau of Ocean Energy Management (BOEM)’s “New York Bight” program.

This award sets the stage for development of a state-of-the-art offshore wind project. When fully developed, this bottom-fixed farm, located 38 miles off the coast of New York and 53 miles off the coast of New Jersey, is expected to contribute up to 1.7 GW towards U.S., New York/New Jersey’s clean energy goals.

Ocean Winds is thus reinforcing its presence in the U.S. where it is developing, through Mayflower Wind, a lease area of over 2 GW, of which 1.2 GW already secured through Power Purchase Agreements. With this sizeable platform, Ocean Winds will benefit from a sound position to capture future growth in the country which targets a 30 GW offshore wind installed capacity by 2030.

The U.S. BOEM’s auction of the New York Bight lease areas began on February 23th and was completed on February 25th, after 63 rounds. The total amount paid for the six lease areas was $4.37 billion, including Ocean Winds East, LLC, successful bid of $765 million for lease area OCS-A 0537.

This site brings Ocean Winds’ global total offshore wind gross capacity already operating, contracted or with grid connection rights granted to 11 GW.

 

Paulo ALMIRANTE, ENGIE Senior Executive Vice President, in charge of Renewables, Energy Management and Nuclear Activities, said:

“ENGIE, through Ocean Winds has been awarded this 39-year lease agreement in the highly competitive New York Bight auction process, amongst the 25 entities qualified to bid. It will allow Ocean Winds to strengthen its footprint in the U.S., one of the biggest offshore wind markets worldwide, and support the growth objective of ENGIE in the country, where it already operates 3.9 GW of onshore wind and solar PV.”

 

About ENGIE

Our group is a global reference in low-carbon energy and services. Together with our 170,000 employees, our customers, partners and stakeholders, we are committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions. Inspired by our purpose (“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers.

Turnover in 2021: 57.9 billion Euros. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe, Euronext Vigeo Eiris – Eurozone 120/ Europe 120/ France 20, MSCI EMU ESG, MSCI Europe ESG, Euro Stoxx 50 ESG, Stoxx Europe 600 ESG, and Stoxx Global 1800 ESG).

 

ENGIE HQ Press contact:

Tel. France: +33 (0)1 44 22 24 35

Email: engiepress@engie.com

Twitter: ENGIEpress

 

Investor relations contact:

Tel.: +33 (0)1 44 22 66 29

Email: ir@engie.com

(HOUSTON)- Branch Energy, a technology-focused green energy provider, and ENGIE Energy Marketing, NA, Inc (“ENGIE Energy Marketing”), a subsidiary of ENGIE S.A. (“ENGIE”), today announced a $40M strategic non-dilutive wholesale power supply facility. The agreement will provide Branch Energy with access to U.S. wholesale energy markets and working capital, as well as the ability to leverage ENGIE Energy Marketing’s extensive renewable energy platform.

 

Branch Energy both sells electricity with an easy-to-use platform and leverages data and artificial intelligence (AI) to determine which smart devices will help reduce a consumer’s energy bill the most and helps to coordinate the installation and financing of the devices. This combination of green energy and energy-monitoring smart devices not only saves consumers money but also reduces their carbon footprint.

 

“ENGIE has one of the fastest growing portfolios of renewable generation assets in North America which makes it the perfect partner to help us grow,” said Daniel MacDonald, Branch Energy President. “We are thrilled with the far-reaching impact this will allow Branch to have.”

 

Earlier this year, Branch Energy launched its first market in Texas. The new facility will enable the company to accelerate its growth in the state and to expand into markets across North America.

 

“ENGIE has made some of the most aggressive commitments in the industry to cutting carbon emissions and expanding renewable generation,” said Ken Robinson, ENGIE Energy Marketing President. “Partnering with retailers who have committed to 100% carbon-free power is directly aligned with these commitments, and we are delighted to be partnering with Branch Energy.”

 

###

 

About ENGIE

Our group is a global reference in low-carbon energy and services. Together with our 170,000 employees, our customers, partners and stakeholders, we are committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions. Inspired by our purpose (“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. Turnover in 2020: 55.8 billion Euros. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Eurotop 100, MSCI Europe) and nonfinancial indices (DJSI World, DJSI Europe, Euronext Vigeo Eiris – Eurozone 120/ Europe 120/ France 20, MSCI EMU ESG, MSCI Europe ESG, Stoxx Europe 600 ESG, and Stoxx Global 1800 ESG).

 

About Branch Energy

Branch Energy is a green energy provider dedicated to helping consumers lower their monthly bills and carbon footprint through the use of smart technology. Through data analysis and the use of AI, the company pinpoints which smart devices will offer the most help to reduce a consumer’s bill, and then helps them finance and install those devices. Learn more at www.branchenergy.com.

 

Media Contacts:

ENGIE North America: Michael Clingan, michael.clingan@external.engie.com, (832) 745-6057

IDPR: Amanda Withers, amandaw@interdependence.com, (702) 412-8286

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Thirteen Combined Wind and Solar Projects Deliver Abundant Clean Energy and Quality Jobs Across Five States

HOUSTON, TX and ANNAPOLIS, MD – ENGIE North America Inc. (“ENGIE”), a leader in developing and managing renewable energy projects, and Hannon Armstrong Sustainable Infrastructure Capital, Inc. (“Hannon Armstrong”) (NYSE: HASI), a leading investor in climate solutions, today announced operational completion of their 2.3-gigawatt (GW) portfolio of wind and utility-scale solar projects.

 

The final renewable project, a 50 MW solar farm in Virginia, was commissioned and transferred into the portfolio partnership previously announced by ENGIE and Hannon Armstrong. In all, there are 13 renewable projects online – including 1.8 GW of onshore wind and 0.5 GW of utility-scale solar photovoltaic (PV) projects. They are estimated to be producing enough renewable energy on the grid to provide power to the equivalent of over 500,000 homes in the U.S.

 

The nine wind and four solar projects, which were constructed from late 2019 through the fall of 2021, supported more than 3,500 mostly local jobs during the construction phase. ENGIE not only developed the complex portfolio of projects, but they will also be the operator – meaning long-term relationships with local communities over the coming decades. The projects will provide long-term property tax revenues in 15 counties across five states supporting services and growth in these largely rural American communities.

 

“We are delighted to commission our final project in this complex portfolio. That was an ambitious project and the team delivered– both in ENGIE and Hannon Armstrong,” said Dave Carroll, Chief Renewables Officer, ENGIE North America. “The energy transition requires innovative, large-scale actions like this to accelerate our pace to meet the climate challenges. Our successful delivery of this world-class portfolio of renewable projects demonstrates what can be done when you have the right team and the right partners.”

 

ENGIE is not only focused on increasing its renewable platform in the U.S., but also on reducing the carbon intensity of other industries such as universities, cities and the transportation sector. As such, each of the 13 projects has off-take agreements with customers, where the renewable energy generated is supporting delivery of commitments to a lower carbon future.

 

The innovative portfolio equity partnership with Hannon Armstrong reflects the importance of developing large-scale financial relationships to support renewable growth.

 

“Achieving the final commissioning of this landmark multi-gigawatt renewable portfolio was only made possible through the incredible collaboration and best-in-class execution of our valued partners at ENGIE,” said Hannon Armstrong Chief Client Officer Susan Nickey. “We share a common mission to accelerate the rapid adoption of climate solutions, and we believe this portfolio of projects is a model example of what can and must be done at scale to meet our country’s ambitious decarbonization goals with clean and reliable energy.”

 

ENGIE’s scale and Hannon Armstrong’s leadership have demonstrated what can be achieved. This 2.3 GW portfolio is part of ENGIE North Americas’ more than 3 GW of renewable generation in the U.S. today with a pipeline of 10 GW of growth projects.

 

###

 

About ENGIE North America

Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a global leader in low-carbon energy and services. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges. Together with our 170,000 employees around the globe, our customers, partners and stakeholders, we are committed to accelerate the transition toward a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions. Inspired by our purpose (“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers.  In North America, ENGIE helps our clients achieve their energy efficiency, reliability, and ultimately, their sustainability goals, as we work together to shape a sustainable future. We accomplish this through: energy efficiency projects, providing energy supply (including renewables and natural gas), and the development, construction and operation of renewable energy assets (wind, solar, storage and more).  For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, https://www.engie-na.com/ and https://www.engie.com.

 

About Hannon Armstrong

Hannon Armstrong (NYSE: HASI) is the first U.S. public company solely dedicated to investments in climate solutions, providing capital to leading companies in energy efficiency, renewable energy, and other sustainable infrastructure markets. With more than $8 billion in managed assets, 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.

 

Media Contacts:

ENGIE North America: Michael Clingan, michael.clingan@external.engie.com, (832) 745-6057

Hannon Armstrong: Gil Jenkins, media@hannonarmstrong.com (443) 321-5753

Renewable Energy Makes Operational Net Zero Carbon Target A Reality

 

HOUSTON, Texas – ENGIE North America announced today that its Houston headquarters is under contract for renewable energy from one of its own Texas wind projects. Beginning in May 2021 and running through 2028, the 25-story tower at 1360 Post Oak Blvd. within the Four Oaks Place portfolio will offset 100% of its electricity consumption with the purchase of energy and Renewable Energy Credits from ENGIE North America’s Live Oak wind project in Texas. 

Four Oaks Place is a five-building, 2.3 million square-foot portfolio located in Uptown Houston. ENGIE North America occupies six floors at 1360 Post Oak Blvd. The portfolio is managed by Transwestern Real Estate Services (TRS) and is a joint venture of Nuveen Real Estate and Allianz. 

ENGIE North America recently entered a retail energy supply agreement for approximately 5,747 MWh annually from the Live Oak wind project. The renewable energy in this agreement represents the environmental benefits of reducing CO2 emissions by more than 32,000 metric tons over the span of the contract. 

Through accelerated growth of its renewable’s footprint, ENGIE North America has more than 3 GW of renewable energy capacity. That is enough clean energy to power all the households in Dallas and Houston combined, with more than 10 GW of additional renewable energy projects currently underway in North America.  

“ENGIE is a leader in the transition toward a carbon neutral world and our role is to show that focusing on the planet and people creates long-term value,” said ENGIE North America Interim Chief Executive Officer Bill Collins. “We partner with customers to help them integrate energy solutions that are cleaner, more efficient, and reliable. It makes sense for us to power our own headquarters with renewable energy coming from our own projects right here from Texas.” 

Nuveen Real Estate, one of the largest real estate investment managers globally, has publicly committed to making the global property portfolio it manages, worth $133 billion, operationally net zero carbon by 2040. The ambitious target exceeds the commitment that the World Green Business Council states is necessary to meet the Paris Accord, by a decade.  

“We work with a broad range of institutional clients and blue-chip occupiers and share their sustainability aspirations,” said Abigail Dean, Global Head of Strategic Insights at Nuveen Real Estate. “Our pathway provides a route-map to net zero carbon through real estate, touching upon numerous other industries at the same time, and aiming to achieve carbon savings of up to 50-80% for a traditional real estate asset.” 

Acting as an advisor on the agreement is Amerex Energy Services, the retail consulting division of Amerex Brokers LLC, which is a wholly owned subsidiary of BGC Partners, Inc. 

ENGIE North America is the developer, owner, and operator of the Live Oak wind project. Live Oak (which is owned in partnership with an affiliate of John Laing Group plc) is a 200 MW project that is located near San Angelo, Texas. ENGIE North America added nearly 2GW of renewable energy in the US in 2020, a major contribution to ENGIE’s global goal of 9GW from 2019-2021. Globally, ENGIE commissioned 3GW of new renewable capacity in 2020, bringing total renewable capacity portfolio to 31GW. 

                                                                                                           ### 

 

About Nuveen 

Nuveen Real Estate is one of the largest real estate investment managers in the world with $132 billion1 of assets under management.  Managing a suite of real estate funds and mandates, across both public and private investments, and spanning both debt and equity across diverse geographies and investment styles, we provide access to every aspect of real estate investing.  With over 85 years of real estate investing experience and more than 600+2 employees located across over 25 cities throughout the United States, Europe and Asia Pacific, the platform offers unparalleled geographic reach, which is married with deep sector expertise. 

 

 

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 a global reference in low-carbon energy and services, that relies on their key businesses (gas, renewable energy, services) to offer competitive solutions to customers. With 170,000 employees, customers, partners and stakeholders, the group is committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions. 

 

Media Contact: 

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

The additional clean energy offsets 2.1 Million Metric Tons of Carbon

 

Houston, TX. – ENGIE North America today announced it has added nearly 2 GW of renewable energy to the U.S. in 2020, as part of ENGIE’s commitment to deliver 9 GW of renewable energy capacity globally between 2019 and 2021. These new clean energy capacities will offset nearly 2.1 million metric tons of carbon and bring ENGIE’s renewables capacity to more than 3 GW in North America – enough to power 1.3 million homes. 

The six grid-scale wind projects and two grid-scale solar projects contributed to the company’s record pace of renewable energy development and construction. These projects are located in Texas, Kansas, South Dakota and Oklahoma. With the completion of these projects, adding 1.4 GW of wind and 0.4 GW of solar, and other projects in the U.S. and Canada, ENGIE now has more than 3 GW of renewable generation capacity in North America developed over the past two years.

“This was a historic year of construction for ENGIE North America,” said Gwenaëlle Avice-Huet, Executive Vice President responsible for the ENGIE Renewables’ business line and CEO of ENGIE North America. “The rapid growth of our renewable energy footprint in the United States demonstrates ENGIE’s commitment to achieving a carbon-neutral future. With more than 10 GW of additional renewable energy projects currently under way in North America, we are just getting started in delivering on our mission to connect society and companies to clean, affordable, innovative, and resilient energy generation and the infrastructure to support it.”

Globally in 2020, ENGIE commissioned 3 GW of new renewable capacity, bringing its total portfolio to 31 GW of gross renewable energy capacity – consisting of hydroelectric (~57%) as well as wind and solar (~43%). Renewables account for 30% of ENGIE’s gross power generation capacity worldwide (101 GW).
 

The projects developed and built by ENGIE North America in 2020 in the U.S. include:   

Wind Projects:

  • East Fork, 196 MW, Thomas County, Kansas 
  • Las Lomas, 202 MW, Starr and Zapata Counties, Texas
  • Jumbo Hill, 161 MW, Andrews County, Texas
  • Triple H, 250 MW, Hyde County, South Dakota
  • King Plains, 248 MW, Garfield & Noble Counties, Oklahoma 
  • Prairie Hill, 300 MW, Limestone and McLennan Counties, Texas    
     

Solar Projects:

  • Anson, 200 MW, Jones County, Texas
  • Long Draw, 225 MW, Borden County, Texas
     

These projects contributed more than 3,000 construction jobs across 8 counties and 100 well-paying jobs in rural communities throughout the heartland in the United States.  

The renewable energy resources of these projects have been contracted with several iconic companies in the retail, food and beverage, technology, and educational sectors.  
 

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.

After more than 400,000 hours of work, construction is now complete on the Prairie Hill wind farm, ENGIE North America’s largest renewables project of 2020. The 100-turbine wind farm generates enough energy at peak production to power the equivalent of 60,000 homes, and adds 300 MW of power towards our goal of adding 2 GW in the U.S.

 

HOUSTON, Texas and ANNAPOLIS, Md. – ENGIE North America and Hannon Armstrong (NYSE:HASI), a leading investor in climate change solutions, announce a new partnership to jointly invest in a Distributed Generation (DG) portfolio of solar and solar-plus-storage assets located across the United States.

 

The portfolio is comprised of a diversified set of community solar and commercial & industrial (C&I) ground-mounted, carport and rooftop solar and solar-plus-storage projects (around 70 MW in total) located across the U.S., including Massachusetts, Illinois, Vermont, California, Texas, and Arizona.  

“ENGIE is pleased to partner with Hannon Armstrong on this portfolio, which further demonstrates ENGIE’s leadership and strong commitment to climate action goals towards its clients. This new partnership reinforces the ambitions of our organizations,” said Gwenaëlle Avice-Huet, Executive Vice President, in charge of the Renewable and Hydrogen Business Units France, responsible for the Global Renewable Business Line and CEO of the North America Business Unit. “This program signals further forward momentum as we work alongside our customers towards a carbon neutral future.” 

“We are delighted to expand our programmatic relationship with ENGIE with this latest agreement,” said Hannon Armstrong Chairman and CEO Jeffrey W. Eckel. “This partnership highlights one of the key strengths of our historic core value proposition to clients of executing on scalable investment solutions for smaller, distributed clean energy projects that are essential to a climate-positive future.” 

The agreement will allow ENGIE to rely on committed capital by Hannon Armstrong through December 31, 2021 to finance DG assets across the U.S. ENGIE will retain partial ownership and provide development, construction, operational, asset management, and administrative services. Hannon Armstrong will provide capital to ENGIE through a unique structure that will bring efficiency to a forward flow of projects, leveraging tax equity financing through an upper-tier arrangement with Morgan Stanley (NYSE:MS). Hannon Armstrong’s collaboration with Morgan Stanley on this portfolio represents an expansion of the firms’ relationship in recognition of Morgan Stanley becoming the first U.S. bank to commit to disclosing portfolio greenhouse gas emissions and backing the push toward unified measurement of financed emissions via the Partnership for Carbon Accounting Financials (PCAF). 

Distributed generation represents an important piece of ENGIE’s U.S. solar-plus-storage market strategy as it represents a sizable share of the overall non-residential solar-plus-storage market. Distributed clean energy generation, including the community solar projects included in the portfolio, foster access to renewable energy and is a key component of the clean energy targets and ambitions of cities, communities, corporate and utility customers. ENGIE currently owns and operates approximately 300 MW of DG solar assets. 

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 September 30, 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

Laura joined two other influential women leaders in clean energy for a fireside chat to explore the future of renewables, the importance of diversity, equity and inclusion, and the potential impact of the U.S. election on energy and climate policy. Laura is member of the executive speaker faculty of Reuters Events.

 

Watch the virtual fireside chat