June 18, 2019 – Houston, TX – ENGIE North America Inc. announced today it has started commercial operation at its Seymour Hills Wind Farm Project, located in Baylor County, Texas. With a total capacity of approximately 30 MW, the Seymour Hills Wind Project is providing the renewable energy it generates to corporate customers, Ingersoll Rand (NYSE: IR) and Akamai Technologies, Inc. (NASDAQ: AKAM), each under a separate power purchase agreement.

 

Seymour Hills features 12 General Electric 2.52 MW turbines with 127-meter rotors and was constructed by Blattner Energy, Inc. The total capital investment for the wind farm is more than $50 million, and the project employed nearly 150 people during the height of construction activity. The wind farm has already generated significant economic development in the local area and will continue to do so over the life of the project with millions of dollars in annual payments to landowners and to local taxing authorities.

Seymour Hills is part of the portfolio acquired in early 2018 by a subsidiary of ENGIE North America from Infinity Power Holdings, a joint venture between Infinity Renewables and MAP® Energy.

ENGIE’s ambition is to lead the zero-carbon transition based on 3 pillars: Client Solutions across a broadening array of services (including on-site co-generation, heating and cooling networks, public lighting, rooftop solar); Networks to adapt them to future green gas requirements and continue to generate attractive returns and substantial cash flow; and Renewables, with a plan to add 9 GW of renewables capacity to the Group portfolio (24 GW at the end of 2018) by 2021. In this field, ENGIE targets 50% of new renewable projects dedicated to specific customers by 2021 and to play a leading role in next-generation renewable platforms including offshore wind and green gas.

North America will be a key market to reach these ambitions both in Client Solutions and Renewables. The Seymour Hills Wind Project will contribute to ENGIE’s goal to build at least 2.5 GW of wind and solar capacities in the next 3 years in the US and Canada. As with the Seymour Hills project, these capacities will be dedicated to specific customers.

About ENGIE North America Inc.
ENGIE North America manages a range of energy businesses in the U.S. and Canada, including electricity generation, cogeneration, and energy storage; retail natural gas and electricity sales, and comprehensive services that help customers run facilities more efficiently and optimize energy 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, employing 160,000 people, including 1,100 researchers. For more information on ENGIE North America, please visit our InstagramLinkedInTwitter, or Facebook pages or www.engie-na.com web site.

April 16, 2019 – Houston, TX – ENGIE North America Inc. today announced the start of construction of the Jumbo Hill Wind Project, located in Andrews County, Texas. With a total capacity of approximately 160 MW, Jumbo Hill is scheduled to be online by spring of 2020.

 

Jumbo Hill will provide energy and Renewable Energy Credits generated by the Project to a corporate customer under a virtual Power Purchase Agreement (PPA), and has also entered into a Proxy Revenue Swap for a portion of its generation with Allianz Global Corporate & Specialty’s specialist weather risk team, in collaboration with its partners at Nephila Climate. REsurety Inc provided risk analytics supporting the Proxy Revenue Swap transaction and will serve as the calculation agent on an ongoing basis.

Jumbo Hill will use 57 GE Renewable Energy turbines, each with 127-meter rotors and a capacity of more than 2 MW, and the balance of the facility will be built by Wanzek Construction, Inc. The total capital investment of the Project is over $150 million, and there will be up to 250 people employed at the site during the height of construction activity. The Project will also generate significant economic development in the local area: annual payments to landowners will total millions of dollars over the life of the Project, combined with purchases of local goods and services, and nearly $30 million in payments to the various taxing entities. The Project is expected to employ up to 12 people long-term. The Project is part of the portfolio acquired in 2018 by a subsidiary of ENGIE North America from Infinity Power Partners, a joint venture between Infinity Renewables and MAP® Energy.

“ENGIE is thrilled to be announcing our fifth wind project to start construction over the past year,” said Emily Cohen, Vice President of Commercial Strategy within ENGIE North America’s wind development team. “The construction of the Jumbo Hill Project will take ENGIE North America’s renewable generation built or under construction to more than 1.5 GW of capacity. It is a strong project in a unique location in West Texas, and we expect it to complement and help grow the evolving industries in the region.”

About ENGIE in 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, please visit our InstagramLinkedInTwitter, or Facebook pages or www.engie-na.com.

About MAP® Energy
MAP® Energy is a leading investor in the development of renewable energy projects and has funded more than 10,000 megawatts of operating wind and solar generating capacity located across the United States. More information is available at www.mapenergy.com.