August 15, 2018 – Houston, TX – ENGIE North America Inc. today announced it has signed construction and tax equity financing as well as a power hedge for the Live Oak Wind Project, located in Schleicher County, near San Angelo, in west Texas. With a total capacity of 200 MW, Live Oak is part of the Infinity Renewables portfolio recently acquired by ENGIE North America. Live Oak is scheduled to be online by the end of 2018.

 

ENGIE North America secured $147 million in construction financing and $155 million in tax equity financing for the project through Bank of America Merrill Lynch (BofAML), with Rabobank providing a letter of credit. BofAML Global Commodities provided the power hedge.

In addition, ENGIE North America’s affiliate, ENGIE Energy Marketing NA, Inc. developed an offtake agreement with BofAML Global Commodities for 50% of the hedged power to serve commercial and industrial customers.

“We’re pleased to enhance the Live Oak project’s value with a competitive financing package and long-term offtake agreement,” said Matt Riley, Senior Vice President and Head of U.S. Wind Development at ENGIE North America. “We look forward to replicating both elements in our future projects as we grow our large-scale renewable portfolio here in the United States.”

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 energy efficiency services provider in the world, with operations in 70 countries employing 150,000 people, including 1,000 researchers in 11 R&D centers. For more information, please visit www.engie-na.com, @ENGIENorthAm, and www.engie.com.

August 2, 2018 – Houston, TX – ENGIE North America Inc. today announced it has acquired Donnelly Mechanical Corporation, a leading mechanical, Heating, Ventilation, and Air Conditioning (HVAC), and energy services contractor headquartered in New York City. The company was founded in 1989 and has more than 200 employees serving customers in a range of industries from healthcare, to data centers, to commercial real estate.

 

Following two other recent acquisitions of prominent mechanical and electrical service providers in the U.S. – a portfolio of six mechanical service companies from the Talen Energy Group in addition to the Unity International Group – the Donnelly Mechanical acquisition continues to strengthen ENGIE’s capacity to deliver best-in-class mechanical service, maintenance, construction, commissioning, and energy solutions in North America.

ENGIE, the number one provider of energy services in the world, is focused on continued growth across North America, uniting leading-edge mechanical and electrical contracting solutions with its existing portfolio of energy supply, energy optimization, and building modernization offerings to commercial, industrial, and public-sector customers.

“ENGIE North America has taken a strategic approach to integrating outstanding mechanical and electrical companies into our comprehensive energy service model. Donnelly has worked with more than 2,000 customers as a highly reputable, reliable mechanical/HVAC services provider serving numerous sectors across New York City,” said John Mahoney, President and CEO of ENGIE’s Services businesses in North America. “We’re excited to welcome Donnelly and its employees into the ENGIE North America family of companies to continue to strengthen our range of services for customers across the U.S. and Canada.”

Under original company founder and long-time CEO Dan Donnelly, the Donnelly group has been focused on finding a long-term home where the next chapter of the company will be supported and poised for growth both regionally and at a national level. Following the acquisition, newly-appointed Donnelly CEO Joseph DiPrisco, former Chief Financial Officer, shared excitement over the opportunity to build on Donnelly’s legacy of achievement as a new part of ENGIE.

“Donnelly is ready to grow our regional successes within the interconnected network of other successful ENGIE teams to deliver additional components to our typical scope of work – creating a seamless, sustainable energy services model for our valued customers,” said DiPrisco. “The resources that ENGIE can provide as we continue to grow together make this transition a very exciting, positive opportunity for Donnelly.”

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 and cogeneration, 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 energy efficiency services provider in the world, with operations in 70 countries employing 150,000 people, including 1,000 researchers in 11 R&D centers. For more information, please visit www.engie-na.com, @ENGIENorthAm, and www.engie.com.

June 13, 2018 – Houston, TX – ENGIE is once again creating a better world through innovative energy solutions by supplying renewable energy certificates (RECs) to Smart Energy Decisions’ Renewable Energy Sourcing Forum to be held June 18-20 at the Rancho Bernardo Inn in San Diego, California. The Green-e® certified RECs will offset 100 percent of the three-day event’s anticipated energy consumption, while helping to fund the development and operation of domestic sources of renewable energy.

 

The announcement marks the second Smart Energy Decisions conference ENGIE has supported with RECs in 2018, further illustrating the energy leader’s commitment to promoting sustainable strategies. The certificates supplied at each event represent the environmental attributes or benefits associated with a specific quantity of energy generated from a renewable source, such as wind or solar.

Ken Cowan, Vice President of Solutions Sales and Marketing at ENGIE North America, said, “As the demand for decarbonized energy continues to grow both nationally and globally, we are proud to demonstrate our ability to provide customers with a range of renewable products that support a more sustainable future. Our supply of RECs to Smart Energy Decisions is one of many opportunities we are incorporating into environmentally responsible energy management solutions, and we’re proud to support the Renewable Energy Sourcing Forum in this regard.”

ENGIE’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. The Solutions Sales team integrates these capabilities with energy efficiency, information services, demand response, and distributed generation opportunities to optimize supply, demand, and operations and achieve energy management targets.

John Failla, Founder and Editor 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. Our aim at Smart Energy Decisions is to deliver the information and resources required to accelerate the adoption of sustainable solutions. ENGIE’s position in the market complements that commitment as we work 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 conference designed to help large energy users build and execute renewable energy sourcing strategies. The biannual 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).

May 1, 2018 – Houston, TX – ENGIE North America Inc. today announced it has acquired Unity International Group, a premier electrical construction and maintenance provider. The company specializes in electrical system construction; data and telecommunications systems construction; management of mission-critical power infrastructure; building-wide maintenance of electrical, mechanical, and energy management equipment; and enterprise-scale IT infrastructure support and services. The company is headquartered in Flushing, near New York City and has offices in East Rutherford, New Jersey and Naples, Florida. The company was founded in 1947 and has 770 employees.

 

This acquisition provides ENGIE North America a broad platform to deliver electrical construction, maintenance, and IT services that complement ENGIE’s other energy supply, energy optimization, and building modernization offerings to commercial, industrial, and public sector customers in the United States.

“Unity has earned a reputation of highly efficient, reliable, and responsive project execution and service for customers who include blue-chip financial institutions, healthcare providers, general contractors and construction companies, and transportation operators, having several of these customers for more than 25 years,” said Frank Demaille, President and CEO of ENGIE North America. “With an experienced management team whose average tenure with the company is 21 years, Unity represents a key new piece of ENGIE’s solution set for current and future customers. We look forward to welcoming these 770 employees to join our efforts to expand our business here in North America.”

“With ENGIE’s strategic incorporation of skilled electrical and mechanical firms into our suite of energy service offerings, ENGIE is focused on leveraging Unity’s track record of highly successful projects to develop best-in-class results for our customers across the U.S.,” shared John Mahoney, CEO and President of ENGIE Services U.S. “The expertise of the Unity team enhances ENGIE’s ability to develop and deliver customer-centric energy services with integrated solutions unique in the industry.”

Building off a strong legacy of leadership by long-time Chairman and CEO Peter Striano, newly-appointed Unity CEO and President Joseph Tranchina shared excitement over the next chapter of the company under ENGIE. “In my role as President and COO for the past four years, I have been fortunate to be part of an industry-leading team improving the electrical and data needs of some of the world’s most admired organizations. Under Peter Striano’s leadership, Unity has been intent on finding a long-term, new company home where our ongoing growth is supported by both national and global reach. As a new part of the ENGIE family of companies, Unity is now better positioned than ever to continue delivering electrical construction, data and telecom, IT, and critical safety and security systems in a dynamic region characterized by high energy demand.”

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 and cogeneration, 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 energy efficiency services provider in the world, with operations in 70 countries employing 150,000 people, including 1,000 researchers in 11 R&D centers. For more information, please visit www.engie-na.com, @ENGIENorthAm, and www.engie.com.

April 3, 2018 – Boston, MA – ENGIE North America Inc. and Axium Infrastructure (operating jointly as Longwood Energy Partners) have completed the acquisition of a microgrid and district energy system serving six Harvard-affiliated medical institutions in the Longwood Medical Area in Boston – Beth Israel Deaconess Medical Center, Boston Children’s Hospital, Brigham and Women’s Hospital, Dana-Farber Cancer Institute, Harvard Medical School and School of Public Health, and Joslin Diabetes Clinic – under long-term utility contracts through 2051.

 

This microgrid and district energy system, with a capacity to produce 99 MW of electricity, 1,100,000 lbs/hr of steam, and 42,000 tons of chilled water, are integral to the day-to-day operation of these world-renowned medical facilities, which are active in critical research initiatives and have approximately 2,000 beds serving more than 100,000 inpatients and 2.4 million outpatients annually.

“We’re extremely proud to support energy needs of the hospitals of the Longwood Medical Area in their quest for high performance, resiliency, and sustainability,” said President and CEO of ENGIE North America Frank Demaille. “This project is perfectly in line with ENGIE’s strategy to drive customer-centric approaches, and we’re excited to bring our experience in energy production, operation, efficiency, procurement, and commodity risk management to the table. District energy networks are among the most efficient, reliable, and cost-effective ways to provide energy security while reducing the carbon footprint. Within ENGIE, it is our conviction that district heating and cooling networks can be the backbone of more sustainable and resilient hospital campuses and cities.”

“Axium is thrilled that our consortium has the opportunity to provide competitive and reliable energy services essential to the hospitals’ health and research mission,” said Thierry Vandal, President of Axium Infrastructure US. “This investment is a great addition to our existing North American portfolio of over 100 core energy, transportation, and social infrastructure assets. Axium continues to focus on developing relationships with high quality partners and counterparts, under long-term agreements providing for strong and predictable cash flows.”

In 2017, ENGIE and Axium were awarded a 50-year contract to operate and optimize The Ohio State University’s utility system for its flagship campus in Columbus, Ohio. Globally, ENGIE is a major player in sustainable heating networks fed from renewable sources or waste heat and in highly efficient cooling networks that are typically 50% more energy efficient than individual cooling solutions and generate 50% less CO2. ENGIE operates more than 250 low-carbon urban heating and cooling networks in 13 countries, including some of the most emblematic European district systems in places such as the London Olympic Park, the cities of Paris, Marseille, Barcelona, and Lisbon, as well as in the city of Cyberjaya in Malaysia. The company also has a 40% stake in Tabreed, which has more than 70 district cooling plants located throughout the Gulf Cooperation Council in the Middle East.

About ENGIE North America
ENGIE North America Inc. manages a range of energy businesses in the United States and Canada, including clean power generation and cogeneration, 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 energy efficiency services provider in the world, with operations in 70 countries employing 150,000 people, including 1,000 researchers in 11 R&D centers. For more information, please visit www.engie-na.com, @ENGIENorthAm, and www.engie.com.

About Axium
Axium Infrastructure Inc. is an independent portfolio management firm dedicated to generating long-term investment returns through investing in sustainable core infrastructure assets. Axium manages dedicated infrastructure funds having over $2 billion in assets under management as of December 31, 2017, as well as approximately $1 billion in co-investments. The firm benefits from the capabilities of a group of specialists with decades of experience acquiring, developing, financing, operating and managing infrastructure assets. Focus is placed on assets that are supported by robust market demand and under long-term contract with creditworthy counterparties. Since the launch of its first fund in 2010, the firm has invested, or committed to invest, in a diversified portfolio of over 100 North American infrastructure assets. For further information, please visit www.axiuminfra.com.

March 5, 2018 – Houston, TX – Deal Will Considerably Expand ENGIE’s Solar Portfolio and Team in the U.S.

 

ENGIE North America Inc. today announced it has signed an agreement to acquire SoCore Energy, a fully-integrated developer, owner, and operator of municipal/co-op solar, community solar, and commercial and industrial (C&I) solar projects with a footprint across the United States. The acquisition includes 150 MW of solar assets in operation or under construction by March 31, 2018, 170 MW of solar projects in late-stage development, as well as projects combining battery storage elements.

Headquartered in Chicago, SoCore’s capabilities span project origination and development, engineering, project financing, procurement, project management, and operations management. The company has approximately 70 employees.

Municipalities, utilities, and corporations in the U.S. are increasingly seeking clean energy sources of power, both utility-scale and decentralized, as well as services to run their facilities more reliably and efficiently with fewer carbon emissions and lower costs. ENGIE has been working to expand its offerings in North America to address these needs. SoCore will be a key piece of ENGIE’s solution set for current and future customers. ENGIE intends to retain SoCore’s personnel and Chicago-based headquarters. The combined ENGIE and SoCore team will be working together to complete development and construction of the late-stage SoCore portfolio, and will continue to own and operate those projects following commercial operation to support the increasing demand in the U.S. for renewable energy and more broadly the United States’ transition to a cleaner electrical system.

“As with our recently announced acquisition of wind developer Infinity Renewables, with SoCore, ENGIE is investing in an experienced, accomplished development team, and we look forward to working with this team to accelerate the expansion of our renewables presence within the United States,” said Frank Demaille, President and CEO of ENGIE North America. “By adding more solar energy to our other retail, wind, and biomass offerings in the U.S., we can meet customers’ renewable energy procurement goals much more comprehensively than before,” he added.

Rob Scheuermann, CEO and President of SoCore Energy, said, “The SoCore team is enthusiastic about joining the ENGIE group. Solar development firmly aligns with the strategic direction of ENGIE, and the combination of our talents will enable accelerated growth in the business, as well as more solutions for customers, including solar-with-storage options.”

The SoCore team will join a larger family of ENGIE businesses in North America, which span renewable and natural gas-fired power production, including a number of solar projects in operation and under development in the U.S. and Canada, natural gas and liquefied natural gas (LNG) deliveries; retail energy sales to homes and businesses; and a wide range of services to enhance energy efficiency and reduce carbon and cost. ENGIE serves customers ranging from Fortune 500 companies; small businesses; utilities; federal, state, provincial, and municipal governments; universities; and individuals.

Marathon Capital served as the financial advisor to SoCore and Edison International (NYSE:EIX), the parent company of SoCore.

About SoCore
SoCore Energy is a Chicago-based market leader in commercial, industrial, and distributed solar and storage portfolio development. With hundreds of solar solutions designed and installed across more than 20 states, SoCore offers commercial and industrial companies, electric cooperatives, and communities portfolio-wide solar and storage solutions that provide energy cost savings, increased resiliency and carbon reduction opportunities. SoCore is currently a wholly owned, indirect subsidiary of Edison International (NYSE: EIX).

About ENGIE North America Inc.
ENGIE North America Inc. manages a range of energy businesses in the United States and Canada, including renewable and low-carbon 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 S.A.
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).

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).

February 20, 2018 – Houston, TX – Deal Considerably Expands ENGIE’s Wind Development Portfolio and Team in the U.S.

 

ENGIE North America Inc. today announced it has acquired Infinity Renewables, a leading developer of utility-scale wind projects in the United States. The acquisition includes more than 8,000 MW of projects in various stages of development.

Headquartered in Santa Barbara, California, Infinity Renewables’ experienced team, along with its funding and development partner MAP® Renewable Energy, has successfully developed and sold nearly a dozen projects totaling over 1,600 MW, all of which are now in commercial operation.

Corporations in the U.S. are increasingly seeking clean energy sources of power, both utility-scale and decentralized, as well as services to run their facilities more reliably and efficiently with fewer carbon emissions and lower costs. ENGIE has been working to expand its offerings in North America to address these needs. Infinity Renewables will be a key piece of ENGIE’s solution set for current and future customers. ENGIE intends to retain the entire Infinity staff, including its principals who formed Infinity Renewables in 2008. The combined ENGIE and Infinity Renewables team will be working together to complete development and construction of the Infinity portfolio, and will continue to own and operate those projects following commercial operation to support the increasing demand in the U.S. for renewable energy and more broadly the United States’ transition to a cleaner electrical system.

“With Infinity Renewables, ENGIE is investing in an experienced, accomplished development team, and we look forward to working with this team to accelerate the expansion of our renewables presence within the United States,” said Frank Demaille, President and CEO of ENGIE North America. “By adding more wind energy to our other retail, solar, and biomass offerings in the U.S., we can meet customers’ renewable energy procurement goals much more comprehensively than before,” he added.

“We’re very excited to join the ENGIE family, and to contribute to the company’s transition to a low-carbon future,” said Matt Riley, CEO of Infinity Renewables. “Joining forces with a global renewable energy leader like ENGIE enables Infinity to advance its original mission, to bring more wind energy online. Working with ENGIE will benefit our key stakeholders, including landowners, communities, and purchasers of zero-carbon energy from our wind farms.”

The Infinity Renewables team will join a larger family of ENGIE businesses in North America, which span renewable and natural gas-fired power production, including a significant renewables presence in Canada with 700 MW of operating wind generation and over 2,000 MW of wind projects in various stages of development; natural gas and liquefied natural gas (LNG) deliveries; retail energy sales to homes and businesses; and a wide range of services to enhance energy efficiency and reduce carbon and cost. ENGIE serves customers ranging from Fortune 500 companies; small businesses; utilities; federal, state, provincial, and municipal governments; universities; and individuals.

About ENGIE North America Inc.
ENGIE North America Inc. manages a range of energy businesses in the United States and Canada, including low- or carbon-free 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 S.A.
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).

January 22, 2018 – Houston, TX – Ecova, Green Charge, and OpTerra Energy Services Rebrand to ENGIE

 

ENGIE today announced the rebranding of three subsidiaries in North America. The rebrand of Ecova Inc., Green Charge Networks, LLC, and OpTerra Energy Services Inc. is designed to amplify ENGIE’s voice in the North American market and make it clearer for customers and other key stakeholders the range of energy supply and service options that ENGIE provides.

While known in North America as a leader in clean energy supplies, whether utility scale or decentralized, ENGIE is taking significant steps to build an even more comprehensive portfolio of energy offerings in North America. Ecova, Green Charge, and OpTerra are key pieces to the ENGIE North America solution set with services to help commercial, industrial, and public sector customers run their facilities more reliably and efficiently with fewer carbon emissions and lower cost. Today, having close to 4,000 employees, ENGIE can provide an array of solutions throughout the U.S. and Canada.

Ecova Inc., now ENGIE Insight Services Inc., provides customers data-driven insight to better manage resources – including energy, waste, water, and telecommunications – and advance sustainability goals. The company is headquartered in Spokane, WA, with offices throughout the U.S.

Green Charge Networks, LLC, now ENGIE Storage Services NA LLC, develops energy storage solutions to help utilities, businesses, municipalities, and schools use electricity more efficiently to reduce costs and carbon. The company is headquartered in Santa Clara, CA.

OpTerra Energy Services Inc., now ENGIE Services U.S. Inc., specializes in building comprehensive energy programs for public sector and commercial and industrial customers, delivering solutions that generate positive financial and sustainability impacts. The company is headquartered in Oakland, CA, with offices throughout the U.S.

“By uniting these companies under the ENGIE brand, we want to accelerate solutions for customers to best suit the way they want to run their operations,” said Frank Demaille, President and CEO of ENGIE North America. “These ENGIE businesses combine performance and sustainability – whether on a stand-alone basis or as a combination. The men and women of these and all of our other businesses work every day to tackle the complex and the detailed to deliver clear, straightforward results for customers and our communities.”

Serving customers ranging from Fortune 500 companies, utilities, federal, state, provincial, and municipal governments, universities, and individuals, ENGIE’s North American business portfolio consists of renewable and natural-gas fired generation, liquefied natural gas (LNG) sale and distribution, retail energy supply; and services, including through these three newly ENGIE-branded entities, to optimize energy use and expense.

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).

October 4, 2017 – Holyoke, MA – 3 MW/6 MWh energy storage system to be installed at Mt. Tom Solar, adjacent to former coal plant; benefits include lower utility capacity costs/demand charges, reduced stress on electric grid, and optimization of solar energy.

 

ENGIE North America and Holyoke Gas & Electric (HG&E) today announced plans for the largest utility-scale energy storage installation in Massachusetts. Green Charge, an ENGIE NA subsidiary, will operate the three-megawatt energy storage system at Mt. Tom Solar, which began operation in January of this year adjacent to the former Mt. Tom Power Station. The system will be used to optimize intermittent solar energy and reduce utility capacity costs for HG&E, the system’s customer, while reducing stress on the HG&E distribution system. This project will contribute to rate stabilization for HG&E customers over the next 20 years. In addition, customers will benefit from improved power quality and reliability. Green Charge expects to complete installation by April 2018, in time for the peak summer months when capacity costs are highest.

As part of Massachusetts’ Peak Demand Management Program, HG&E was awarded a $475,000 MA Department of Energy Resources (DOER) Grant. The funds will be used to contract with, schedule, measure, and analyze this state-of-the-art energy storage system. UMass Amherst will quantify the peak reduction value to the distribution system, accounting for equipment value, cost reduction potential, and overall project data. The goal of the grant is to provide research and recommendations on the future distribution system value of battery storage devices throughout the Commonwealth.

“Massachusetts is proud to be a national leader in energy efficiency programs that reduce overall consumption and we are committed to continuing our work to improve energy costs disproportionately affected by times of peak demand,” said Massachusetts Governor Charlie Baker. “The demonstration projects funded through these grants will strengthen our innovation economy and provide the Commonwealth with a roadmap for reducing our most expensive energy loads and securing our energy future.”

While still an emerging energy innovation in Massachusetts, worldwide energy storage is rapidly being considered as a key resource that optimizes clean, renewable energy. Electricity produced from the Mt. Tom 5.76 MW-DC solar farm will be stored in the energy storage system isolated from, but interconnected to, HG&E’s electricity grid. This stored power will be called upon during local and regional peak load periods to cost-effectively satisfy demand, while reducing utility costs and demand charges for customers. Demand charges are incurred for electricity and capacity taken from the power grid and used during peak demand periods.

“We are pleased to work with ENGIE on the Mt. Tom energy storage project, which will produce peak demand and asset management benefits that will help HG&E stabilize electric rates over the long term,” said Jim Lavelle, HG&E’s Manager. “This project also adds a measure of resiliency to our local grid, helping us to better serve our customers.”

Over a 20-year term, HG&E will also use energy storage to reduce the burden on its electrical distribution system, thus increasing overall asset life. Green Charge systems are monitored, optimized, and controlled through its proprietary GridSynergy™ software platform.

“Solar and energy storage are keys to a low-carbon, low-cost energy future and HG&E is taking the lead by moving forward proactively to deploy what we see as the future for the energy industry,” said Frank Demaille, President and CEO of ENGIE North America.

“For several years Holyoke has taken the lead with respect to renewable energy deployment and carbon footprint management,” said Mayor Alex Morse. “Battery storage will enhance our ability to increase our renewable energy portfolio, and we are hopeful that the Mt. Tom Energy Storage project will be the first of many storage projects that help us advance our environmental stewardship objectives.”

About ENGIE:
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 comprehensive services to help customers run their facilities more efficiently and optimize energy use and expense. Nearly 100 percent of the company’s power generation portfolio is low carbon or carbon free. Globally, the company is the largest independent power producer in the world, with operations in 70 countries employing 153,000 people, including 1,000 researchers in 11 R&D centers. For more information, please visit www.engie-na.com, @ENGIENorthAm, and www.engie.com.

About Holyoke Gas & Electric:
Holyoke Gas & Electric (HG&E) is an innovative, municipally-owned utility that was formed in 1902. Today, HG&E provides electricity, natural gas, and fiber optic telecommunications services to over 18,000 customers. For more information, please visit www.hged.com.

About Green Charge:
In 2017 Green Charge was named the number one distributed energy storage company by Navigant Research. Green Charge has been designing and deploying commercial energy storage since 2009, with systems installed throughout the United States. As part of ENGIE, the largest independent power producer in the world, Green Charge’s mission is to use energy storage to power the world efficiently and sustainably. Our team consists of top energy storage industry experts who provide performance-based solutions to optimize the value of energy for our customers. Our ecosystem of solar, EV charging, and energy efficiency experts allows our customers to combine energy storage and renewables easily and economically.