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ENGIE and City of Philadelphia Announce Power Purchase Agreement and Plans to Staff Construction of Adams County (PA) Solar Farm

February 6, 2020 – Houston, TX and Philadelphia, PA – ENGIE North America and the City of Philadelphia, in partnership with the Philadelphia Energy Authority, have in place a Power Purchase Agreement (PPA) for Philadelphia to purchase energy generated by the Adams County solar farm.

 

An information session is scheduled on February 13, 2020, to identify contractors and suppliers to staff the project in coordination with the City of Philadelphia. A job fair, to be scheduled for April, will focus on employment opportunities during the construction of the project.

The 80-Megawatt Adams County project was previously owned by Community Energy and is now being developed by ENGIE. The project will break ground in the First Half of 2020 and be operational in 2021. The solar farm will provide 22 percent of the electricity needed by city-owned buildings in Philadelphia. It is among the largest solar powered municipal projects in the country.

“The City of Philadelphia is committed to 100% renewable, zero carbon electricity by 2030 and this solar project is a major step towards that goal,” explains Christine Knapp, director of the Office of Sustainability for the City of Philadelphia. “We are excited to work with ENGIE to staff this project with dedicated, forward-thinking Philadelphians.”

“We are excited to work with Adams County and the City of Philadelphia to deliver on zero carbon affordable energy and set a standard and example for other municipalities in the United States,” said Luis Felipe Birolini, Head of solar development at ENGIE North America.

This project reinforces ENGIE’s strategy to become a leader in the zero-carbon transition for companies and local authorities. ENGIE plans to build more than 1GW of new renewable capacity in the US in 2020, supporting its global ambition of building approximately 9 GW between 2019-2021.

Contractor and Supplier Information Session
During construction of the solar project, companies will employ more than 150 people.

What: Opportunity Information Session for Qualified Contractors and Suppliers
When: February 13, 2020 at 8:30 a.m. – 10:30 a.m. EST
Where: First District Plaza, 3801 Market Street, Renaissance Room 3rd Floor, Philadelphia, PA 19104
Who: Seeking qualified construction and engineering sub-contractors

Name the Adams County Solar Project
The City of Philadelphia welcomes Philadelphians to help name this exciting new solar project. Voting on the official name for the project can be done online at: http://www.phila.gov/solarproject. A winning name will be announced in April.

About ENGIE North America
ENGIE North America Inc. offers a range of capabilities in the United States and Canada to help customers decarbonize, decentralize, and digitalize their operations. These include comprehensive services to help customers run their facilities more efficiently and optimize energy and other resource use and expense; clean power generation; energy storage; and retail energy supply that includes renewable, demand response, and on-bill financing options. Nearly 100% of the company’s power generation portfolio is low carbon or renewable. Globally, ENGIE S.A. is the largest independent power producer and energy efficiency services provider in the world, employing 160,000 people in 70 countries. For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, www.engie-na.com and www.engie.com.

About the Philadelphia Office of Sustainability
The Philadelphia Office of Sustainability (OOS) works with partners around the City to improve the quality of life in all Philadelphia neighborhoods, reduce the city’s carbon emissions, and prepare Philadelphia for a hotter, wetter future. OOS is responsible for implementing Greenworks Philadelphia, the city’s comprehensive sustainability plan. Learn more at www.phila.gov/green.

About Philadelphia Energy Authority
The Philadelphia Energy Authority (PEA) is a municipal government entity supporting the City on energy affordability and sustainability. Created in 2010, PEA is focused on developing and facilitating long-term energy projects and policies, and supporting a robust clean energy economy in Philadelphia. Among other work, PEA holds long-term energy contracts on behalf of the City. For more information on PEA’s work, visit www.philaenergy.org.

About Community Energy
Community Energy has developed and financed 1,900 MW of renewable energy power projects across the country, including 1,200 MW of solar power. Community Energy combines power marketing and development expertise to build renewable generation projects economically and at scale, and has been a leading renewable energy developer for more than 15 years, developing many of the first and largest wind and solar projects in the United States. Community Energy is headquartered in Radnor, Pennsylvania with offices in Boulder, Colorado, and Chapel Hill, North Carolina. For more information about Community Energy, please visit https://www.communityenergyinc.com/.

Media Contacts
City of Philadelphia: Kelly Cofrancisco, kelly.cofrancisco@phila.gov, (215) 686-6210
ENGIE North America: Sandrine Deparis, sandrine.deparis@engie.com, (202) 855 3705

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ENGIE Announces Construction of the East Fork Wind Project in Kansas

October 31, 2019 – Houston, TX – ENGIE North America Inc. today announced the start of construction of the 196-megawatt (MW) East Fork Wind Project in Thomas County, Kansas. Located near the city of Colby in northwest Kansas, the East Fork Wind Project is the second phase of the larger Solomon Forks Wind Project (276MW) currently under construction. The East Fork project, located immediately east of Solomon Forks, will provide clean energy to Brown-Forman under a PPA and has entered into a Proxy Revenue Swap with Allianz Global Corporate & Specialty’s specialist weather risk team, in collaboration with its partners at Nephila Climate.

 

With a total capital investment of approximately $228 million, the project will generate significant benefits to the local area, with annual payments to landowners under land easements, local job creation during both construction and commercial operation, purchases of local goods and services, donations to local schools, a scholarship fund established by East Fork with Colby Community College, and annual PILOT (payments in lieu of taxes) payments to Thomas County. Both the City of Colby and the larger Thomas County have been very supportive of the East Fork project and have contributed significantly to its success.

“East Fork is our third major project to break ground after ENGIE’s acquisition of the Infinity Renewables wind portfolio in February 2018, bringing our total MW under construction to nearly 700,” said Matt Riley, Senior Vice President and Head of U.S. Wind Development at ENGIE North America and former CEO of Infinity Renewables. “It’s exciting to be part of a company driving renewable energy development at a meaningful scale. These wind projects provide much more than clean energy. They enable new economic, environmental, and educational opportunities that can make a positive difference in the communities where they reside.”

East Fork, which has been under active development for over 10 years, is part of the portfolio recently acquired by a subsidiary of ENGIE North America from Infinity Power Holdings, a joint venture between Infinity Renewables and MAP® Energy. The project will use 72 GE turbines, each having a capacity of 2.72MW. M.A. Mortenson Company has been selected as the Construction General Contractor. The project was originally developed by Airstream Energy, a developer with local roots in the community.

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.

About Brown-Forman
For almost 150 years, Brown-Forman Corporation has enriched the experience of life by responsibly building fine quality beverage alcohol brands, including Jack Daniel’s Tennessee Whiskey, Jack Daniel’s & Cola, Jack Daniel’s Tennessee Honey, Jack Daniel’s Tennessee Fire, Gentleman Jack, Jack Daniel’s Single Barrel, Finlandia, Korbel, el Jimador, Woodford Reserve, Old Forester, Canadian Mist, Herradura, New Mix, Sonoma-Cutrer, Early Times, Chambord, BenRiach, GlenDronach and Slane. Brown-Forman’s brands are supported by nearly 4,700 employees and sold in more than 165 countries worldwide.

About Allianz Global Corporate & Specialty
Allianz Global Corporate & Specialty (AGCS) is the Allianz Group’s dedicated carrier for corporate and specialty insurance business. AGCS provides insurance and risk consultancy across the whole spectrum of specialty, alternative risk transfer and corporate business: Marine, Aviation (incl. Space), Energy, Engineering, Entertainment, Financial Lines (incl. D&O), Liability, Mid-Corporate and Property insurance (incl. International Insurance Programs).

Worldwide, AGCS operates with its own teams in 34 countries and through the Allianz Group network and partners in over 210 countries and territories, employing almost 4,700 people of 70 nationalities. AGCS provides insurance solutions to more than three quarters of the Fortune Global 500 companies, writing a total of €7.4 billion gross premium worldwide in 2017. AGCS SE is rated AA by Standard & Poor’s and A+ by A.M. Best. For more information please visit www.agcs.allianz.com or follow us on Twitter @AGCS_Insurance LinkedIn and Google+.

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

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ENGIE Greens Power Consumption of Smart Energy Decisions’ Distributed Energy Forum

June 20, 2019 – Houston, TX – ENGIE North America is shaping a sustainable future by supplying renewable energy certificates (RECs) to Smart Energy Decisions’ Distributed Energy Forum to be held June 24-27 at the Gaylord Rockies Resort & Convention Center near Denver, Colorado. The Green-e® certified RECs will offset 100% 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 third Smart Energy Decisions conference ENGIE North America has supported with RECs, 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 Distributed Energy Forum in this regard.”

ENGIE North America’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 management, energy services and distributed generation opportunities to optimize supply, demand, and operations, and achieve energy management targets.

John Failla, Founder and Editorial Director 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. It’s important that we practice what we preach and ENGIE helps to make that possible with our partnership to drive change in support of the energy transition taking shape in today’s power markets.”

The Distributed Energy Forum is an invitation-only event designed to help large energy users build and execute distributed energy resource strategies. The DE Forum is the third event brand operated by Smart Energy Decisions, an information and event platform dedicated to helping large energy users navigate the energy transition.

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

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 a leading energy efficiency services provider in the world, with operations in 70 countries employing 160,000 people, including 1,100 researchers in 12 R&D centers. For more information on ENGIE North America, please visit our Instagram, LinkedIn, Twitter, or Facebook pages or www.engie-na.com web site.

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ENGIE’s Distributed Solar Team Closes Investment from Goldman Sachs’ Alternative Energy Investing Group

November 19, 2018 – Chicago, IL – Portfolio of up to 75 MW of Distributed Solar and Battery Storage Projects in Multiple States

 

ENGIE North America’s Distributed Solar team today announced the closing of an investment from Goldman Sachs’ Alternative Energy Investing Group into a partnership managed by ENGIE.

This innovative financing structure will allow the deployment of up to 75 MW of distributed solar and distributed solar plus battery systems across multiple states in the U.S., including California, Nevada, Minnesota, Illinois, Texas, New York, New Jersey, and Massachusetts.

The partnership is unique as Goldman Sachs’ investment provides both the scale and benefits of what is typically provided by separate investments from tax equity, debt, and sponsor equity investors. It also provides ENGIE with a simplified approach to raising long-term capital for the development and growth of its U.S. distributed solar platform. ENGIE will retain an ownership interest in the portfolio, and will construct, manage, and operate the assets.

The portfolio comprises behind-the-meter installations that will provide power to commercial and municipal customers, and small-scale front-of-the-meter projects with rural electric cooperatives under previously signed long-term Power Purchase Agreements (PPAs).

The investment will be deployed over a period of twelve months, and some projects will begin to provide solar power to the customers under these PPAs immediately. The projects were developed and completed by ENGIE North America’s Distributed Solar and U.S.-based Services teams to meet the growing demand by customers for solar and storage solutions that support their businesses and communities.

“We are delighted to have finalized this structure with Goldman Sachs’ Alternative Energy Investing Group to bring increasing amounts of renewable, reliable, and cost-effective energy to business and communities across the United States,” said Daniela Shapiro, Head of Finance for Distributed Solar at ENGIE North America. “Our collaboration brings together two leading players in the energy (ENGIE) and financing (Goldman Sachs) space to really help accelerate access to renewable energy and battery storage at the distributed scale. By working with such a financing partner, we were able to package and simplify the process which brings benefits to everyone involved,” she continued.

Goldman Sachs’ Head of Alternative Energy Investing, Pooja Goyal said, “This partnership with ENGIE demonstrates the opportunities that can be created by taking an integrated approach to financing high-quality distributed solar projects at scale. This investment is consistent with our strategy of providing comprehensive and flexible financing solutions to best-in-class sponsors in order to grow our portfolio of alternative energy assets.”

Cohn Reznick Capital Markets group acted as financial advisor to ENGIE, and Sheppard Mullin Richter & Hampton and Hunton Andrews Kurth were the transaction legal counsels for ENGIE and Goldman Sachs, respectively.

About ENGIE
ENGIE North America Inc.’s Distributed Solar group (formerly SoCore Energy) is a market leader in commercial, industrial, and distributed solar and storage portfolio development based in Chicago, Illinois. With hundreds of solar solutions designed and installed across some 25 states, ENGIE’s distributed solar team 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.

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.

The ENGIE S.A. Group is listed on the Paris and Brussels stock exchanges (ENGI). ENGIE achieved global revenues of approximately $73 billion in 2017 and employs some 150,000 people around the world, with approximately 6,000 employees in North America. ENGIE is also the world’s largest Independent Power Producer and has over 23 GW of renewable generation assets.

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ENGIE Announces Construction of the Solomon Forks Wind Project in Kansas

September 25, 2018 – Houston, TX – ENGIE North America Inc. today announced the start of construction of the Solomon Forks Wind Project, located in Thomas County, near the city of Colby, in northwest Kansas. With a total capacity of 276 MW, Solomon Forks is part of the Infinity Renewables portfolio recently acquired by ENGIE North America. The project is scheduled to come online in early summer 2019. Off-takers of the energy from the project are T-Mobile US, Inc. and Target Corp.

 

The project will use 105 Siemens Gamesa 2.625 MW turbines with 120-meter diameter rotors. The balance of plant contractor is MA Mortenson Company. The total capital investment in the project is approximately $334 million, and the project will generate significant benefits to the local area, with annual payments to landowners under land easements, local jobs created during both construction and commercial operation, purchases of local goods and services, donations to Colby Unified School District No. 315, and a scholarship fund established by Solomon Forks with Colby Community College.

Infinity Renewables acquired the development rights for the Solomon Forks project in 2016, and since that time has worked diligently with landowners and the local community to advance the project to construction.

“We are excited to break ground on a second major project after completing the sale of our development portfolio to ENGIE just this past February,” said Matt Riley, former President of Infinity Renewables and now Senior Vice President and Head of U.S. Wind Development at ENGIE North America. “It’s a testament to the benefits wind energy can deliver for customers and local communities, and we’re working to make this project a harbinger of many more successes in expanding the use of wind energy in the United States in the coming years.”

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.

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ENGIE Completes Financing of Live Oak Wind Project in Texas

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.

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