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#1 Global Developer Selling Corporate Clean Energy

ENGIE drives PPA innovation after being ranked as the top developer to sell corporate clean energy PPAs by BloombergNEF in their latest Market Outlook report. Since 2019, we have shown resilience and consistency by ranking in the top three for developers, and our success in 2023 is no exception. We signed 19 deals covering over 1GW in five different countries, bringing our total corporate PPA portfolio to 7.3GW. Our clients trust us to support them in their adoption of renewable energy and to help them meet their energy reliability, sustainability, and efficiency goals.

We are proud to lead in both wind and solar technology for MW sold through PPAs, and we look forward to continued success as an innovative provider of sustainable energy solutions. On a local note, we are proud that the majority of the deals in the report were contributed by North America, an important growing market for ENGIE.

Read the full BloombergNEF report.

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ENGIE accelerates in battery storage through the acquisition of Broad Reach Power in the United States

A major step towards ENGIE’s objective of reaching 10 GW of battery capacity within
the Group by 2030 to support the development of renewable energies

ENGIE announces it has signed a binding agreement for the acquisition of 100% of Broad Reach
Power, a company specialized in battery storage and based in Houston, from private equity funds
EnCap and Apollo.


The transaction involves 350MW of operating assets, as well as 880MW under construction
assets with a commissioning expected before the end of 2024, 1.7GW of advanced stage projects
and a significant pipeline of early stage projects. The projects are located in Texas, California and
the central states of the United States. Broad Reach Power skills, tools and teams are the perfect
fit, in and outside the United States, with ENGIE’s integrated model.


The acquisition will support the Group’s goal of having 10 GW of battery capacity globally by
2030. It will also strengthen ENGIE’s position as a leader in the energy transition in the United
States, where the group already has significant positions through its renewable assets (5GW in
operation at the end of 2022), battery storage and its energy management platform. The
development of these projects will respond to the strong need for flexibility generated by the
growth of the share of renewable energies in the energy mix and will increase ENGIE capacity to
provide 24/7 decarbonized electricity to his customers.


Completion of the transaction is expected by Q4 2023, subject to the fulfilment of certain
approvals from anti-trust and energy regulatory authorities.


For Catherine MacGregor, Chief Executive Officer of ENGIE: “This acquisition is fully in line
with ENGIE’s strategy: it will contribute to the development of a low-carbon, affordable and
resilient energy system where flexible assets will play a critical role alongside renewables.”


About ENGIE
ENGIE is a leading global group in low-carbon energy and services. With its 96,000 employees, its
customers, its partners and its stakeholders, the Group is committed every day to accelerating the transition
to a carbon-neutral world, thanks to more energy-efficient and more environmentally-friendly solutions.
Guided by its purpose, ENGIE reconciles economic performance and positive impact on people and the
planet by relying on its key businesses (gas, renewable energies, services) to offer competitive solutions to
its customers.

Turnover in 2022: 93.9 billion euros. Listed in Paris and Brussels (ENGI), the Group is represented in the
main financial (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and extra-financial (DJSI World,
Euronext Vigeo Eiris – Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal
Select, Stoxx Europe 600 ESG-X) indices.

 

ENGIE HQ Press contact:
Tel. France: +33 (0)1 44 22 24 35
Email: engiepress@engie.com
ENGIEpress

 

Investor relations contact:
Tel.: +33 (0)1 44 22 66 29
Email: ir@engie.com

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Climb aboard Energy Observer, a renewable energy lab. Now On-Demand!

Join an exclusive event with Gwenaëlle Avice-Huet, CEO of ENGIE North America on Thursday, January 28, 2021 at 11 AM CT to come aboard the Energy Observer. It is the world’s first hydrogen-powered boat and floating laboratory – and see the innovations in progress to make renewable energy a reality for all. We will have 3 members of the crew with us, including the Founder and Captain, Victorien Erussard, to take all your questions.

 

If you missed the live event, check it out On-Demand!

Register and tune in now.

 

Energy Observer
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C3.ai and ENGIE Launch AI-powered Energy Management Solution for Large Institutions

September 14, 2019 – Redwood City, CA and Houston, TX – C3.ai, a leading enterprise AI software provider for accelerating digital transformation together with global energy leader ENGIE, today announced the launch of Smart Institutions, an AI-powered, holistic Energy-as-a-Service software solution for large institutions.

 

With Smart Institutions, organizations including universities, corporate campuses, cities, and hospitals, can proactively and automatically manage their buildings and energy assets to increase sustainability and decrease energy expenditures to reduce costs. The software has first been deployed at The Ohio State University as part of a plan to reduce energy use across the 485-building campus in Columbus.

In 2017, Ohio State Energy Partners, a consortium of ENGIE North America and Axium Infrastructure, signed a 50-year Comprehensive Energy Management Contract with The Ohio State University. Ohio State Energy Partners looks to drive energy savings and enable end-to-end optimization of the campus energy infrastructure to achieve a 25 percent improvement in energy efficiency over 10 years.

“When we launched our work with The Ohio State University two years ago, we looked forward to advancing new possibilities, from improving ways to heat, cool, and power the campus to collaborating on potentially transformational technologies and services that someday could be shared far beyond Columbus,” said Gwenaëlle Avice-Huet, President and CEO, ENGIE North America and Executive Vice President in charge of ENGIE’s Global Renewable Business Line. “Collaborating with C3.ai on the development of Smart Institutions has enabled us to create our own new technology solution for ENGIE customers, leading the way for other institutions looking to make meaningful progress when it comes to energy and sustainability.”

“C3.ai is accelerating digital transformation for leading organizations across every industry,” said Ed Abbo, President and CTO, C3.ai. “An Energy-as-a-Service software solution powered by the C3 AI platform, Smart Institutions is enabling cutting-edge organizations to set the standard for energy transformation initiatives.”

Through ENGIE Smart Institutions, C3.ai and ENGIE can use AI to help large institutions achieve their sustainability and financial objectives through:

  • Energy optimization: The ability to predict energy consumption, and then optimize across the entire network to reduce costs, including production, distribution, and consumption.
  • Capital planning: The ability to plan long-term capital improvements using dynamic building and network modeling to identify and prioritize a portfolio and program of capital projects.
  • Campus engagement: The ability to use data and behavioral science techniques to engage students and faculty in energy and sustainability to drive energy efficiency, research and innovation, and brand recognition.

About C3.ai
C3.ai is a leading AI software provider for accelerating digital transformation. C3.ai delivers the C3 AI Suite for developing, deploying, and operating large-scale AI, predictive analytics, and IoT applications in addition to an increasingly broad portfolio of turn-key AI applications. The core of the C3.ai offering is a revolutionary, model-driven AI architecture that dramatically enhances data science and application development. Learn more at: www.c3.ai.

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 is the largest independent power producer and a leading energy efficiency services provider in the world, employing 160,000 people. For more information on ENGIE North America, please visit our Instagram, LinkedIn, Twitter, or Facebook pages or www.engie-na.com and www.engie.com.

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ENGIE Greens Power Consumption of 2018 Smart Energy Decisions Innovation Summit

February 22, 2018 – Houston, TX – In a move that underscores the company’s position as a leader in clean energy supplies, ENGIE North America announced today that it will supply renewable energy certificates (RECs) to the 2018 Smart Energy Decisions Innovation Summit held at Barton Creek Resort & Spa in Austin, Texas. The three-day event, held Feb. 25 through Feb. 27, brings together commercial and industrial executives in a unique and intimate setting to address a variety of energy management and sustainability challenges.

 

The Green-e® certified RECs represent the environmental attributes or benefits associated with a specific quantity of energy generated from a renewable source, such as solar or wind. Organizations that use RECs to offset their indirect greenhouse gas emissions help fund the operation and development of domestic sources of renewable energy.

Ken Cowan, Vice President of Solutions Sales and Marketing at ENGIE NA, said the company takes great pride in supporting the summit and working alongside Smart Energy Decisions to promote sustainable strategies.

“Smart Energy Decisions is highly regarded as a go-to resource on a broad range of research and knowledge on energy management and renewable energy,” he explained. “Their coverage of these subjects – along with the insights they deliver at the annual summit – naturally complement the broad-based capabilities and expertise of ENGIE. We’re pleased to green the energy consumption of an organization that shares in our commitment to clean energy.”

ENGIE helps large commercial and industrial customers achieve economic value through sustainable strategies that blend supply, demand, and operations opportunities with innovative deal structuring and funding. Leveraging an “energy as a service” model, the company is leading the transformation to cleaner, smarter, more innovative solutions that help customers reduce energy costs and consumption while enhancing environmental commitments and ensuring reliable supply.

John Failla, Founder and Editorial Director of Smart Energy Decisions, said he couldn’t be more pleased to have the backing of an industry leader like ENGIE.

“The supply of renewable energy certificates is a direct reflection of where we believe energy management is headed – toward a more sustainable future for everyone,” said Failla. “It’s an honor to have the support of ENGIE as we work to keep clean energy generation and consumption at the forefront of commercial and industrial energy strategies.”

The Smart Energy Decisions Innovation Summit offers a forum for knowledge, best practices, and new ideas on advancing energy efficiency and renewable energy sourcing for large energy management programs. The annual event is operated by Smart Energy Decisions, a web-based information resource dedicated to delivering commercial and industrial consumers news, analysis, research, and opinions that drive more informed decisions.

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

About ENGIE in North America
ENGIE manages a range of energy businesses in the United States and Canada, including electricity generation and cogeneration, natural gas and liquefied natural gas (LNG) distribution and sales, retail energy sales, and services to help customers run their facilities more efficiently and optimize energy use and expense.

About ENGIE
ENGIE is committed to taking on the major challenges of the energy revolution, towards a world more decarbonized, decentralized, and digitalized. The Group aims to become the leader of this new energy world by focusing on three key activities for the future: low carbon generation in particular from natural gas and renewable energy, energy infrastructure, and efficient solutions adapted to all its customers (individuals, businesses, territories, etc.). Innovation, digital solutions, and customer satisfaction are the guiding principles of ENGIE’s development. ENGIE is active in around 70 countries, employs 150,000 people worldwide and achieved revenues of 66.6 billion in 2016. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris – World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance).

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