HOUSTON – ENGIE North America (ENGIE) announced today a contract with Einstein Bros. Bagels, a significant step in its commitment to providing 24/7 renewable energy to commercial customers by 2030, reinforcing the Group’s recently reaffirmed ambition to offer round-the-clock clean energy solutions worldwide. With this contract that runs through May 2027, ENGIE intends to match 90% of the hourly electricity consumption for 25 Einstein Bros.® Bagels locations in Texas with Renewable Energy Credits (RECs) from a portfolio of wind and solar assets including ENGIE’s Live Oak Wind Project in Texas. ENGIE’s unique position as a developer and operator of both renewable and flexible generation across North America, in addition to its market-leading internal risk management function, facilitates its ability to be a pioneer in this space.

As a major player in the energy transition, ENGIE commits to accelerate the transition to a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions. Leveraging its diversified portfolio of renewable generation, storage, and flexible assets, ENGIE ensures reliable, decarbonized electricity supply to businesses of all sizes. The introduction of ENGIE’s 24/7 matching renewable energy solution in the U.S. to a network of food service locations highlights this commitment.

Achieving 24/7 renewable energy with hourly matching and reporting is a complex and technically challenging feat, compared to annual matching. “It requires tracking the hourly generation of multiple renewable resources and matching the RECs generated therefrom with hourly electricity consumption at the 25 Einstein Bros.® Bagels locations,” said David Benhamou, ENGIE North America’s head of power portfolio management.  

Einstein Bros.® Bagels had previously entered a retail energy supply agreement with ENGIE which was matched annually from ENGIE’s Live Oak Wind Project in Texas.

“At Einstein Bros. Bagels, we recognize the importance of sustainable energy solutions, and we’re proud to take this next step with ENGIE toward a cleaner future. By integrating 24/7 renewable energy matching into a number of our Texas locations, we are reinforcing our commitment to responsible energy use and supporting innovative solutions that drive the industry forward,” said Héctor Briones, CMO for Einstein Bros.® Bagels.

 

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About Einstein Bros.® Bagels

Einstein Bros.® Bagels is a neighborhood bakery known for endless combinations of fresh-baked bagels and premium double-whipped cream cheese. Also serving a variety of breakfast sandwiches, lunch sandwiches, coffee, espresso, sweets and catering, Einstein Bros. Bagels has more than 680 locations throughout the United States. Einstein Bros. Bagels is part of Panera Brands, one of the nation’s largest fast-casual restaurant companies, comprised of Panera Bread®, Caribou Coffee® and Einstein Bros. Bagels. To learn more, visit www.einsteinbros.com.

About ENGIE North America

Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a major player in the energy transition, whose purpose is to accelerate the transition towards a carbon-neutral economy. With 98,000 employees in 30 countries, the Group covers the entire energy value chain, from production to infrastructures and sales. ENGIE combines complementary activities: renewable electricity and green gas production, flexibility assets (notably batteries), gas and electricity transmission and distribution networks, local energy infrastructures (heating and cooling networks) and the supply of energy to local authorities and businesses. Every year, ENGIE invests more than $10 billion to drive forward the energy transition and achieve its net zero carbon goal by 2045. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges.  For more information on ENGIE in North America, please visit our website at www.engie-na.com or our LinkedIn page.

Media Contact:

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

Another year of strong operational and financial performance
Proposed dividend of €1.48 per share for 2024


Business highlights

  • Record level of activity in Renewables with 4.2GW added in 2024, bringing total capacity to 46GW1
  • Acceleration in battery storage with more than 5GW of capacity in operation or under construction at 31 December 2024
  • Expansion in power transmission with the award of close to 1,200km in Brazil and Peru
  • Continuous progress in our Net Zero 2045 trajectory with a 55% reduction in GHG emissions from energy production compared to 2017 to 48Mt in 2024.
  • Approval by the European Commission of the final agreement on Belgian nuclear

 

Financial performance

  • High end of the 2024 Guidance achieved with NRIgs2 of €5.5bn, an organic increase of 3.4%
  • EBIT excluding nuclear of €8.9bn, down 5.6% organically versus a high 2023 basis for comparison
  • Strong CFFO3 generation at €13.1bn
  • Maintaining a solid balance sheet with economic net debt to EBITDA ratio at 3.1x stable vs. end-2023
  • Net financial debt and economic net debt at €33.2bn and €47.9bn respectively
  • Proposed increased dividend of €1.48 for 2024, corresponding to a pay-out ratio of 65%


Read more >> 

DAYTON and HOUSTON – Feb. 5, 2025 – Norwood Medical LLC (Dayton) and ENGIE Resources LLC, a subsidiary of ENGIE North America (ENGIE), announce a five-year renewable energy contract. The agreement brings renewable wind energy from ENGIE to Norwood Medical’s headquarters campus in Dayton.

Under the terms of a five-year agreement, Norwood Medical will initially match 50% of its electricity consumption at ¬¬¬¬¬four locations, increasing its commitment to 100% for eleven buildings over the term, including approximately 120,000 Renewable Energy Certificates (RECs) from ENGIE’s Priddy Wind Project in Texas.

Norwood Medical will procure Green-e® Certified RECs that will ultimately deliver the equivalent environmental benefits of avoiding the greenhouse gas emissions from 52 million pounds of coal burned, or 47,223 metric tons of CO2*. Green-e® RECs are certified by the non-profit Center for Resource Solutions to verify exclusive use of renewable electricity within an electricity market.

The agreement supports a Norwood Medical objective to reduce carbon emissions. “We have a goal of 50% reduction of scope 1 and 2 emissions by 2030 versus baseline year of 2021, and net zero by 2050,” said Jeremiah Allen, Vice President, Engineering. “Reducing our impact on the environment is vitally important. Leveraging renewable electricity will help us hit our goal to reduce greenhouse gas emissions by 50% from 2021 levels.”

Serving as an advisor on this agreement is Statistical Energy (Dublin, OH). “We are proud to bring together two carbon champions,” said Michael Jackson, CEO/Partner, Statistical Energy. “This agreement is proof that renewable energy can be structured in a manner that addresses market volatility and meets the needs of a growing, commercial electricity customer with a commitment to reduce carbon through renewable energy.”

“Norwood asked us for a comprehensive analysis of their usage, plans for growth, historic prices and the forward fixed market. This led us to a structure with some market-based risk and float on the market, rather than to lock in a price now,” said Ron Cantlie, President/Partner at Statistical Energy. “Norwood chose optionality to lock in later, or not lock at all. It addresses the changing nature of supply and demand on the PJM grid.”


*According to EPA Greenhouse Gas Equivalencies Calculator.

About Norwood Medical
Based in Dayton, Ohio, Norwood Medical is a premier, full-service provider of advanced medical manufacturing solutions for the Medtech industry. The company’s legacy of expertise in complex machining dates back as far as the 1920s. Now, solely focused on medical manufacturing, Norwood has earned a reputation for tackling complex parts and projects that other contract medical manufacturers are unable to produce. Today, the company is a market leader serving leading medical OEM customers across a broad range of products and applications. Norwood Medical is committed to a carbon-neutral world through reducing energy consumption and leveraging renewable energy.

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 97,000 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/X feed.

About Statistical Energy
Statistical Energy LLC (Dublin, OH) advises industrial and commercial companies on how to optimize energy costs on both sides of the utility meter with sophisticated energy procurement strategies and by reducing unnecessary energy consumption. The end-use customer portfolio currently under management represents more than 500 million kWh in electricity and over 1.5 million MCF in natural gas.

 

Media Contacts:

Norwood Medical
937-228-4101

Statistical Energy
Michael Jackson
614-301-3748

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

In 2024, ENGIE won 4.3 GW of PPA deals, up from 2.7 GW in 2023, equivalent to 136 TWh of electricity supply. These 85 agreements cover 5 continents: North America, South America, Asia, Europe, and Oceania. ENGIE confirms its position as a global leader on the PPA market, with a total portfolio of 14 GW of PPAs already contracted.

This performance includes new contracts with Meta in the United States, the expansion of the global partnership with Google including new developments in Belgium and the United States, as well as agreements with other tech companies. ENGIE also signed contracts in new sectors such as utilities, chemicals and in the medical field.

The PPA market is driven in recent years by the growing need for decarbonized electricity in all sectors, particularly in the technology and digital sectors where new energy-intensive uses such as AI have emerged.

ENGIE stands out with a commercial performance of 1.5 GW of PPAs signed in North America, reflecting the high demand for renewable electricity in this region. The contracts signed in 2024 cover eight new projects, with production expected between 2024 and 2026. Among these projects is the Chillingham park (350 MW) located near Austin, north of Texas, ENGIE’s largest solar project to date in the United States.

In addition to PPAs related to the supply of electricity from solar, wind, and hydro assets, ENGIE is a pioneer in the field of Biomethane Purchase Agreements (BPAs), for which it signed several major contracts, such as with Arkema or BASF in 2024.

“In 2024, we confirmed our leading position in the PPA market thanks to our cutting-edge expertise in energy sales to meet a wide range of demand profiles and our diversified renewable asset base. In 2025, we will continue to expand on the fast-growing PPA market, particularly in the United States, as we continue to develop our offer to provide customers with tailor-made supply solutions.” said Edouard NEVIASKI, Executive Vice President in charge of Supply & Energy Management.



About ENGIE
ENGIE is a global reference in low-carbon energy and services. With its 97,000 employees, clients, partners and stakeholders, the Group strives every day to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally friendly solutions. Inspired by its purpose statement, ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its clients. Turnover in 2023: €82.6 billion. 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 Euro 100, MSCI Europe) and non-financial indices (DJSI World, Euronext Vigeo Eiris – Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).


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


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

As energy demand grows, so does the demand to interconnect renewable energy resources to the grid. According to Queued Up: 2024 Edition, an annual study on the characteristics of power plants seeking interconnection in the US published by Lawrence Berkeley National Lab (LBNL), there is currently more than 1,480 GW of zero-carbon generating capacity seeking transmission access. Although generating capacity and demand grow, grid interconnection remains one of the top challenges for renewable energy.

However, with several major rulings and proposals, there have been important developments in the transmission and interconnection space—from increased interconnection request requirements and costs, to getting the most out of the existing grid with Alternative Transmission Technologies (ATTs). The below explores the current setting and how to navigate the challenges of interconnecting renewable resources to the transmission grid.

FERC Order No. 2023

In response to the interconnection backlog, the Federal Energy Regulatory Commission (FERC) issued Order 2023 which aims to streamline the interconnection process. This reform required a cluster study approach across all the Independent System Operators (ISO) and Transmission Owners (TO), which attempts to study a group of projects within the same electrical region or zone at once. To standardize the process, the order also increased readiness requirements through a first ready, first served approach.

This regulation poses both challenges and opportunities for organized and non-organized energy markets. The cluster study approach minimizes study time and reduces cost, since traditionally the utilities would study projects serially. However, it also introduces delay in the study process and dependency on other projects studied in the cluster.

In large clusters with more than 20-30 projects it is very difficult to isolate multiple “what if” scenarios and understand the cost implications if other projects decide to drop out of the queue or don’t advance forward. The uncertainty in terms of cost and schedule is far more uncertain in a cluster process.

The organized markets (i.e. the ISOs) have already implemented much of what Order 2023 requires. This includes the cluster studies and requirements like withdrawal penalties, site control, and higher interconnection deposits. Since these requirements have already been implemented by multiple ISOs such as CAISO, SPP, PJM, and MISO, the impacts here are minimal.

Where FERC Order 2023 has greater implications is the non-organized markets. This is also where most of the queue was serial and the cost of entry was fairly inexpensive. Although the changes in these markets will eventually be helpful, there have been some challenges and delays to active projects as the utilities try to transition to the FERC Order 2023 guidelines.

The Order still leaves a gap on how to tie the interconnection process to long-term planning needs, thus exposing the generators to cost and schedule risks and uncertainties. It also leads to inefficiencies in how the system is planned, which is not only inefficient but also more expensive — not only for the developers but also for the rate paying customers.

FERC Order 1920

In 2024, FERC issued Order 1920 which aims to proactively plan for the future transmission system, including the interconnection of new generating resources. These reforms require proactive multi-driver and multi-benefit long term planning that considers any system upgrades identified through the interconnection process. This order also takes into account the integration of Alternative Transmission Technologies and Grid-Enhancing Technologies (GETs) to offer potential solutions for a more predictable and efficient energy grid. The criteria laid out in order 1920 aims to extend and apply to not only long-term planning but also the joint targeted interconnection queue, long range transmission planning and intra-regional planning efforts led by various ISOs.

The aging grid and new technologies

The U.S. power grid was designed for a different era and now faces the challenge of integrating renewable energy sources. FERC Orders 2023 and 1920 require transmission providers to evaluate Alternative Transmission Technologies such as dynamic line ratings, advanced power flow devices, and advanced conductors. These technologies, while not mandated, offer a bridge to faster and cheaper renewable energy integration.

Grid-enhancing technologies (GETs)

GETs can typically be deployed in months, if not weeks, and are considerably cheaper than their long-term counterparts. To-date, these GETs have been used in operational scenarios, specifically topology optimization, so it’s in the independent power producers (IPPs) interest to study the benefits of these technologies on their project. Most of the IPPs have performed studies to evaluate cost benefit and then proposed to TOs to implement.

So far, IPPs have evaluated and studied dynamic line rating and topology optimization. These have been deployed by many utilities in their current operating scenarios, while managing outages. The next step is to have enough studies to show the benefits and establish a proactive process for proper evaluation and implementation on the TO side. After several years of effort working with MISO, there is a process to get them evaluated in that grid operator. Some of our recent efforts have also come to fruition in ERCOT, but in SPP we still haven’t been able to make a breakthrough.

Just a few years ago, there was little-to-no discussion happening on how to adopt these grid enhancing technologies. Today, there are several FERC Orders such as 881, 2023 and 1920 that demonstrate the need for adopting GETs not only in the operational environment but also as we plan the grid in transmission planning. FERC Order 1920 requires that GETs be evaluated as the ISOs andTOs plan the system.

Challenges and opportunities for IPPs in GETs adoption

The biggest challenge for IPPs is the lack of clarity and transparency in the evaluation of proposing GET solutions. This is true in both the interconnection process as well as during the operational process. There is no one-stop-shop to where the criteria, contacts and processes are listed, so the evaluation is not transparent for the interconnection customer.

However, the biggest opportunity is that these solutions are win-wins for interconnection customers (IC), ISO’s and TOs. In a study done by ENGIE and New Grid (a TO software provider), by reconfiguring just three constraints resulted in approximately $151M USD market congestion costs saving annually. This was done with minimal investment and was deployed within one month. These congestion costs savings not only help the ICs, but the savings transfer to the rate payers.

Solving this congestion problem will eventually help end customers, who are the main stakeholders for any ISO/TO. We are in a time where ISO/TO do not have to do this on their own, but they can count on ICs as their partners — where we can collaboratively provide detailed technical studies, feedback, and reviews to develop this process. The modern grid needs modern solutions, and GETs are a part of that solution.

Need for future reforms

FERC Order 1920 and 2023 are good initial steps, but there is still more work to be done. Several additional reforms are needed to speed up the interconnection backlog include:

1. Requiring study automation, including quality check reviews to ensure the information passed on to stakeholders is reliable. This should include setting up an independent interconnection study monitor.

2. Fast track projects that do not need or already have network upgrades.

3. Require that all the cost-effective solutions (such as GETs) are studied and evaluated when a transmission constraint is identified during the interconnection process.

4. Ensure transparency of the reporting of transmission construction phases to stakeholders.

The above and more reforms have been proposed by industry groups to FERC, and hopefully we see more improvements coming down the pipeline.

HOUSTON – https://www.engie-na.com/ (ENGIE) and Meta announced they recently completed a second Environmental Attributes Purchase Agreement (EAPA) in 2024. The agreement will see ENGIE supply 200 MW of renewable energy and associated environmental attributes from its Anson 2 solar project in Jones County Texas furthering support of Meta’s growing power needs in line with its net zero goals.

Meta will purchase environmental attributes and energy from the facility which is expected to commence operation in late 2025. Anson 2 solar project was developed by ENGIE, who will also construct and operate the project located northwest of Abilene, Texas.

“We are excited to expand our relationship with Meta, increasing the provision of renewable power that supports their growth and aligns with their net zero commitments,” said Dave Carroll, Chief Renewables Officer and EVP, ENGIE North America. “This is the second agreement we completed with Meta in 2024 and reflects our commitment to develop and operate projects that meet the needs of our customers. We are delighted to further our collaboration with Meta, working together to meet growing demand for power in the U.S. and accelerate the energy transition.”
The 200 MW from Anson 2 will add to the more than 12 GW of renewable energy procurement already announced by Meta.

“We are delighted to be deepening our collaboration with ENGIE, making the clean energy transition a reality through the projects we are working on together,” said Urvi Parekh, Global Head of Energy, Meta. “Since 2020, we have maintained net zero emissions in our global operations – these efforts are supported by relationships such as those with ENGIE with a strong track record of delivering and operating projects that support our operations, help meet our energy needs and implement our net zero goals.”

The Anson 2 project is expected to employ over 300 skilled workers during construction, many of them local to the region and generate more than $56 million in tax revenues to support the local community over the life of the project. This includes some $28 million to local school districts. Once operational it will expand the existing ENGIE portfolio of around 8 GW of renewable projects including solar, wind and battery storage in operation or construction across North America.

This agreement continues to reflect ENGIE’s position as one of the leading providers of power purchase agreements (PPA) globally.

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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 its 97,000 employees around the globe, clients, partners and stakeholders, the Group strives every day to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally friendly solutions. Inspired by its purpose statement, ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its clients. In North America, ENGIE helps its 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:

ENGIE North America
Michael Clingan, External Relations
Michael.clingan@external.engie.com
832-745-6057

Meta
Ashley Settle
ashleysettle@meta.com
650-512-3565

It is estimated that the world will need more than 93 million miles of transmission lines, the distance between the Earth and the Sun, to face future power needs (IEA, 2023). Over the past 120 years, 50 million miles of transmission lines have been developed, but experts say we will need an additional 40 to 50 million miles in the next 30 years to keep up with growing demand.

The impact of increased electrical consumption and renewable energy
This rising development is due to increased electrical consumption (electric vehicles, data center development, AI acceleration, etc.) and the evolution of renewable energy sources. Renewable energy sources now allow us to focus on developing generation in the places where it is most efficient to do so, instead of having to necessarily be close to our direct customers. In the past, generators were incentivized to develop thermal plants as close as possible from the consumption area to enable better cost efficiency. But today, with renewable energy sources, the focus is generation efficiency. This opens up more options, such as choosing a wind corridor or vast enough land in the desert to deploy a solar plant.

Distance is a major factor to the current delay in keeping up with power demand, as transmission line buildout cannot keep up. This is a huge challenge that we, as an industry, need to prioritize — helping to facilitate faster infrastructure and power generation development. It is critical that we work together to accelerate our decisions and investments to help face these challenges.

Balancing generation and demand
Even if we are successful at accelerating the extension of transmission lines, the operation of our power grid is still a huge roadblock. Increase in power usage, coupled with intermittent renewable power generation, challenges the balance between generation and demand.

The need for energy storage solutions
There’s no doubt that providing power to cover the demand peak in our future is an issue that keeps us up at night. We all know power is very difficult to store, but something must change. We must look at assets that enable flexibility on the grid, such as battery storage or pumped storage, but let’s not forget the importance of green or low-carbon gas. The energy transition needs the alliance of the electron and the molecule. It is important for us to work together, and center the business model, to develop assets involving the synergy between gas and electricity. The affordability and feasibility of the transition depends on it.

The role of gas in the energy transition
Recent pragmatic policies have emerged, calling for new thermal plants to be built (such as in Texas or in the United Kingdom). It is believed that we cannot handle the demand peak, and keep energy affordable, without gas-fired plants until well into the transition. With these gas-fired plants, we should remain open to “hydrogen ready” options, as well as the maturement of renewable gases such as biomethane and e-methane.

Reviving the debate on underground gas storage
The important role gas can play in meeting power demand has also revived the debate around underground gas storage. Embedded in the natural gas seasonal economy, storage is often forgotten in future planning. It has the capability of providing fast cycling services, enabling a mid-term storage delivery (storing gas for several days with the aim for it to become power) which is a smart complement to batteries (storing power for several hours).

Proven solutions for reliable grid service
The industry must consider solutions that are proven to deliver reliable service to the grid — supporting peak generation. At ENGIE, we operate fast cycling storage in the United Kingdom and are actively working on a Hydrogen Underground Storage Business Model with the UK government. As we investigate opportunities to assist with transmission and grid congestion, we must take into consideration lead time on the execution of solutions (such as underground storage), as well as the regularity of investment decisions to enable a delivery at the right time.

Shaping the future of energy
At this moment, it’s exciting to work in the energy industry, as we have been given the opportunity to collaboratively shape the energy systems of the future. By utilizing renewables sources for generation efficiency, looking at assets that enable flexibility on the grid, remaining open to hydrogen-ready options, and valuing underground gas storage, we are empowering low-carbon energy solutions to meet the unprecedented demand for power and facilitate faster infrastructure and power generation development.

The success of utility-scale renewable projects hinges on more than just energy production; it depends on the strength of relationships with local stakeholders and meaningful investment in the communities. This means that companies must not just earn but also maintain their social license to operate within a community. By adopting a long-term perspective, companies can safeguard their projects. That perspective will not only contribute to sustainable energy goals but also support local development and foster enduring community relationships.

Relationship building matters
As owners and operators of utility-scale renewables projects, we understand that we will be present in these communities for decades to come. With any power production facility, it is natural to think of the physical infrastructure, but we must be mindful that there are people behind every one of our projects. As such, we need to engage with a wide range of community members: from local business owners, landowners, elected officials, first responders, educators, and more.

When considering a location for a new utility-scale wind, solar or battery project, we invest an appreciable amount of time in research to understand the needs of the community. Our engagement approach focuses on discerning the unique needs and aspirations of each community with the goal of understanding what is important within the community and building meaningful relationships around their needs. As we move forward with a project, the engagement process continues. We look to build ongoing relationships with the local schools as well as vocational and community colleges. We look for opportunities to celebrate certain project milestones with the community. For example, when we begin the operations phase of the project, we celebrate with a ribbon cutting ceremony to thank all the people who helped make the project possible. Additionally, we ensure that the project’s site manager is connected to the community as a means of encouraging ongoing communication.

Landowners are key to our projects
Landowners are foundational for the success of clean energy. We are proud to help them protect their family legacy by providing additional financial security through our projects. From the very beginning of a project, our team connects with landowners, gauging their interests and establishing long-term relationships. We ensure two-way communication with our landowners throughout the project lifecycle, keeping them informed and involved at each phase of our projects.

Open dialogue in community opposition
When undertaking any large-scale infrastructure project, it is unlikely to have unanimous agreement. Community concern is one of the leading causes that renewable energy projects are cancelled or significantly delayed, according to the Lawrence Berkeley National Laboratory. We believe that dialogue, even when difficult, is a critical part of the public engagement process. We are present in community meetings and take an active engagement approach to hear concerns and discuss options.

Supporting local economies
When becoming part of a community, supporting the local economies is important. Our projects create an economic ripple effect that goes well beyond our immediate operations. This includes construction, long-term job creation and the potential for local businesses to support the construction and ongoing operations. By infusing substantial tax revenues into local economies, we support new investments in local schools, roads, bridges, and other community services.

Safety is our number one priority
Safety is not only a requirement; it is a responsibility. Safety is something we take seriously and work to ensure safety measures are in place throughout our operations on a project. We engage and partner with local emergency services by providing them with additional training and insight to ensure they are prepared to respond to any situation at our sites. Operating in a safe and secure manner is our top priority to ensure the wellbeing of our neighbors, our employees, and the broader community.

Driving positive change — globally and locally
In the communities where we operate, it is essential to prioritize engagement, open dialogue, and long-term commitment. With these practices, not only are our projects advancing the future of clean energy, but they are also contributing to local economic and social development. As we continue to build, operate, and manage these projects, we remain steadfast in our commitment to be safe, responsible, and responsive owners and operators and create lasting positive impacts — locally and globally.

If you have any questions, concepts, or ideas, or would like to learn more about our work in community engagement, please feel free to reach out.

Energy prices are volatile. However, if managed proactively, the volatility can be harnessed to create value. To balance the risk in volatility and optimize operational schedules, predictability is key. By understanding how and when businesses use electricity, we can empower customers to make the most of their energy usage patterns. A proactive approach not only mitigates exposure to volatile energy events but also reduces demand-related charges and overall energy costs.

Understanding how our customers operate
When collaborating with customers, we seek to understand how they consume energy in their operations. We learn about their processes, machinery, operational hours and materials and the energy patterns that correlate. This approach opens discussions about when and why they are unable to reduce their energy load which in turn helps us find operational flexibility, even where they may have thought none existed. In the past, energy was seen as a simply a commodity where the lowest bidder or price wins. But as we move towards decarbonization and start using tools, technology, and flexibility, we can evolve that mindset and consider exactly when and how we use energy. We can then understand the most efficient ways of sourcing energy, as well as whether our equipment is responsive and flexible in the energy it needs to operate.

The importance of making your energy supply more predictable
Traditional demand response programs can fall short in addressing the complexities of modern operations and are designed to address short-term unpredicted issues at the grid level. However, itis important to consider a demand response program that also considers market events. So, whether demand is weather-driven or due to issues with power generation, customers can preemptively avoid many volatile events to save on energy consumption. This is particularly beneficial for complex operations such as chemical plants or multi-building college campuses. The typical 10 to 30-minute notice provided by traditional demand response programs may not provide sufficient time for these entities to react due to complexity issues, health and safety concerns, and potential equipment damage. By extending to a full day’s notice, we open the flexibility market beyond existing constrained demand response programs.

The economic benefit for customers
Energy flexibility is not just a technical capability but a strategic asset that can unlock significant financial as well as environmental value for customers. By quantifying the economic benefits of flexibility on a per MW basis, they will receive tangible rewards for proactive energy management. Furthermore, this dollar value can be offered as a direct payment, a bill credit, or even converted into Renewable Energy Certificates (RECs). The ability to swap flexibility for RECs presents hidden value for customers who may not have been able to pay for them outright or budgeted. In other words, if a customer can reduce their loads based on prediction and only call for a set amount of time and energy, the savings can convert into a green product or a REC.

Harnessing energy flexibility for strategic advantage
Proactive management of energy use patterns is essential for our customers. The right tools and knowledge to manage energy proactively can turn volatility into value, and we can help mitigate risks, reduce costs, and enhance operational efficiency. By unlocking the hidden value in energy use patterns, customers can achieve their business objectives while contributing to a decarbonized future.

SALEM, MASSACHUSETTS and HOUSTON – Dec. 2, 2024 – North Shore Community Health has
entered into a two-year renewable energy agreement with ENGIE Resources LLC, a subsidiary of ENGIE
North America (ENGIE). North Shore Community Health Center (NSCH) will receive Renewable Energy
Credits (RECs) to match 100% of forecasted consumption for its three northeast Massachusetts
locations.

“Embracing an environmentally friendly mindset benefits communities of all shapes and sizes. Our
commitment to sustainability is one step on a journey towards creating healthier and vibrant
communities,” said Maggie Brennan, President and CEO.

NSCH is a federally qualified health center (FQHC) with three full-time sites and two school-based health
centers in Salem, Peabody, and Gloucester, serving 14,000 patients annually. NSCH provides highquality, culturally competent primary care, including medical, dental, behavioral health, and substance use
disorder services. NSCH also offers chronic disease management, health education, language
interpretation, and health insurance enrollment assistance to ensure accessible healthcare for all. NSCH
is committed to serving everyone, regardless of ability to pay, and uses a sliding fee scale for its services
based on family size and income.

Based on national Health Center Program data, FQHCs in the United States provide accessible and
comprehensive primary care to more than 30 million patients, or 8.3% of the population.

NSCH has also undertaken other environmental-focused project initiatives including: energy-efficient LED
light upgrades, implementing motion-sensor controlled lighting for exam rooms, fostering environmentally
friendly dining practices, and retaining a hybrid work model to help lower emissions created by long
commutes.

“We serve more than 200 hospitals across our footprint,” said Ted Conway, business development
manager at ENGIE Resources. “It’s an honor to serve this sector and we admire the commitment of
NSCH to provide vital community services and make a significant contribution to support renewable
energy.”

The Green-e® certified RECs purchased in the agreement will equal 100% of North Shore’s demand,
equivalent to the CO2 emissions from nearly 302,325 pounds of coal burned, or the greenhouse gas
emissions avoided by 95.3 tons of waste recycled instead of landfilled.* NSCH will also achieve budget
certainty throughout the agreement term with a fixed price structure.

Green-e® RECs represent the environmental benefits of one MWh of renewable energy, and are certified
by the nonprofit Center for Resource Solutions. Certification ensures that RECs are properly accounted
for and that no double counting takes place.

Serving as advisor on the agreement is Voyager Power, Massachusetts. Voyager provides solutions
across the energy value chain and helps commercial and industrial customers to achieve sustainability
targets and energy compliance.

******

About North Shore Community Health

In operation since 1977, North Shore Community Health is a network of family health centers dedicated to
building healthy communities by providing exceptional, comprehensive care to all. Serving over 14,000
patients across three full-time family practice sites in Salem, Peabody, and Gloucester, two school-based
health centers and five community-based locations, NSCH provides high quality, culturally competent,
comprehensive primary care, including medical, dental, behavioral health, and substance use disorder
treatment services. Our patient-centered approach ensures that every individual receives high-quality
care, regardless of their insurance status or ability to pay. For more information, visit www.nschi.org.

About ENGIE North America

Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a global leader in lowcarbon energy and services. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges.
Together with our 97,000 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,
www.linkedin.com/company/engie-north-america-inc and www.linkedin.com/company/engie-north-america-inc.


Media Contacts:

North Shore Community Health
Eva Maynard, External Relations Manager
eva.maynard@nschi.org
Ph: 978-744-8388

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