PLANET

North Earth

2050

carbon neutral

EFFICIENCY

Electric

+ 25%

energy efficiency within 10 years

As a prominent higher education institution—one of the top 20 public universities in the US—The Ohio State University has long been committed to excellence.



With an ambitious goal to become an international pioneer in sustainability, Ohio State entered into a 50-year integrated solutions agreement with Ohio State Energy Partners (OSEP), a public-private partnership between ENGIE North America and Axium Infrastructure in 2017. This unique partnership not only addresses the university’s sustainability and energy operations goals, but also funds and guides academic initiatives, such as an energy innovation center and support for scholarships and internships in the realm of energy innovation.

ENGIE’s Partnered Approach

Ohio State Energy Partners is an exemplar of the partnered approach ENGIE takes with its clients. In the case of Ohio State, all the components of OSEP’s sustainable energy operations projects were developed hand-in-hand with the university. Likewise, to further the academic collaboration component of the agreement, ENGIE works closely with Ohio State’s Energy Academic Collaboration Council (EACC). Composed of students and faculty, the EACC guides OSEP’s efforts and ensures meaningful campus engagement in the advancement of the sustainability academic mission of the university.

The Solution

Leveraging the combined expertise of ENGIE, Axium Infrastructure, and Ohio State leaders, the OSEP agreement can be summarized by four areas:

Operations: As part of OSEP, ENGIE is tasked with operating the systems that power, heat, and cool Ohio State’s Columbus campus under a 50-year lease of the university’s energy assets. Through its performance guarantees, ENGIE assumes responsibility for the resiliency and reliability of these systems.

Sustainability: In collaboration with Ohio State, OSEP develops and implements energy conservation projects which contribute to the university’s ability to reduce its carbon footprint. Specifically, within the first 10 years of the partnership, OSEP has committed to improve energy efficiency by a minimum of 25% on the Columbus campus. The university reviews each capital project and approves those that are expected to provide appropriate environmental and financial benefits.

Supply: OSEP is working with Ohio State to enhance its effectiveness in the procurement process for electricity, natural gas, and other energy sources.

Academic collaboration: In addition to a $1.015 billion upfront payment to the university, OSEP will fund and carry out a $150 million commitment to support various academic, research and community interests of Ohio State. Among these projects is an Energy Advancement and Innovation Center. The center will enable Ohio State faculty members, students, alumni, ENGIE Buckeye Operations researchers, local entrepreneurs, and industry experts to work together on the next generation of smart energy systems, renewable energy, and green mobility solutions. OSEP has committed $50 million for the project, including $36.7 million in design and construction costs. In addition to this project, the partnership also supports grants, scholarships and internships at Ohio State.

The Results

Just a few years into the 50-year partnership, Ohio State has already noted improvements in sustainability, beginning with smart metering, lighting upgrades, and various facilities’ utility system upgrades.

Ohio State is benefitting from ENGIE’s significant experience and scale, which enable it to meet its energy and utility commitments.

The agreement is expected to enable Ohio State to achieve its goal of 25% energy efficiency improvement within the first 10 years of the partnership.

Various academic collaboration programs are already underway to benefit students and faculty:

  • Each year, 10 students are selected for internships with OSEP, where they work alongside ENGIE and/or Axium team members to support, design and develop capital projects, to drive campus efficiency.
  • Students can participate in a range of events like the Smart CampusE Challenge, a venture capitalist-style student sustainability competition. The winning teams receive funding and expert guidance to implement their project on campus.
  • Those living on campus can also take part in Residence Hall Energy Competitions, where students compete against other dorms to conserve the most amount of energy.
  • OSEP has also co-sponsored West Fest, an interactive community event that showcases how Ohio State researchers and community partners are working to protect the environment, improve natural resource use, and enhance people’s daily lives.

The Energy and Advancement Innovation Center—currently under development—will be a place where collaborators work together on the next generation of smart energy systems, renewable energy, and green mobility solutions. By providing the support and resources necessary to become commercially successful, the center will help promising projects to find a route to market.

About The Ohio State University

The Ohio State University was established in 1870. With a 25-million-square-foot footprint that spans nearly 2,000 acres, the university’s Columbus campus is one of the largest of any public university or college in the United States.

HOUSTON, Texas – Today, Georgetown Energy Partners (GEP), an entity owned by ENGIE North America and Axium Infrastructure (Axium), achieved financial close with Georgetown University through a long-term comprehensive energy management partnership. Under the terms of the 50-year agreement, GEP has assumed sole responsibility to operate, maintain, and modernize the University’s utility system including steam, chilled water, power and domestic water for their main campus location and downtown law center facilities.

This long-term agreement will help accelerate and actualize the University’s ambitious sustainability goals that include a 35 percent overall reduction in energy use intensity and to achieve carbon neutral status by 2030 by leveraging innovative energy solutions and modernization of the existing utility infrastructure. For more information on Georgetown Energy Partners please visit https://georgetownenergypartners.com.

 

“The ENGIE team is proud to recognize the final transfer of Georgetown University’s utility system to management under the unified Georgetown Energy Partners group this week,” said Stefaan Sercu, Managing Director Energy Solutions Americas at ENGIE. “Our partnership with Georgetown builds off of a successful track record of the University’s long-term commitment to sustainability – through measurable infrastructure upgrades, impactful renewable generation goals, and integrated academic leadership that promotes interdisciplinary solutions to the climate crisis. We’re looking forward to shaping new opportunities together that accelerate the campus community’s transition to a carbon-neutral future.”

 

“Axium is thrilled to join the extraordinary community at Georgetown University and to partner once again with ENGIE,” said Thierry Vandal, President of Axium Infrastructure US Inc. “We look forward to supporting Georgetown in meeting its campus sustainability goals and carbon neutrality objective,” added Mr. Vandal.

ENGIE is a leader in energy services for major universities, cities, and critical infrastructure entities around the world. The 50-year partnership with globally-renowned Georgetown University is the latest example in which institutions are turning to a partnership model to manage and operate energy infrastructure upgrades. Over the last three years, ENGIE North America has implemented successful energy concession partnerships at The Ohio State University and the University of Iowa. Most recently, ENGIE North America announced its new collaboration with Howard University, for a 20-year agreement managing the design, construction, operation and maintenance of a new central utility plant on campus. 

 

Société Générale S.A, acted as Financial Advisor and Lead Arranger for ENGIE. Allen & Overy LLP acted as lead counsel for ENGIE. For Georgetown University, Barclays acted as financial advisor, Jones Day acted as legal advisor and Arup acted as technical advisor.

Axium has a successful track record of investing in critical infrastructure assets on university and corporate campuses throughout the United States. Axium’s commitment to Georgetown University is consistent with the firm’s strategy of delivering expertise and innovation to universities in support of their broader academic mission. This partnership with Georgetown University follows successful collaborations with ENGIE North America at The Ohio State University and the Longwood Medical Area in Boston. Axium has also developed long-term on-campus housing partnerships with several leading Universities in the United States.

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About Georgetown University

Established in 1789 by Archbishop John Carroll, Georgetown is the oldest Catholic and Jesuit university in the United States. Located in Washington, DC; Doha, Qatar; and around the world; Georgetown University is a leading academic and research institution, offering a unique educational experience that prepares the next generation of global citizens to lead and make a difference in the world. For more information about Georgetown University, visit Georgetown.edu or connect with Georgetown on Facebook, Twitter, LinkedIn, or Instagram.

 

About Axium Infrastructure Inc.

Axium Infrastructure (comprised of Axium Infrastructure Inc. and its affiliated entities) is an independent portfolio management firm dedicated to generating long-term investment returns through investing in core infrastructure assets. Axium Infrastructure had approximately US$5 billion in assets under management as of May 31, 2021, as well as over US$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 2010, the firm has invested in a diversified portfolio of over 165 North American infrastructure assets. For further information, including information about other infrastructure assets the firm has invested in, please visit www.axiuminfra.com.

 

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 a global reference in low-carbon energy and services, that relies on their key businesses (gas, renewable energy, services) to offer competitive solutions to customers. With 170,000 employees, customers, partners and stakeholders, the group is committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions.

 

Media Contact:
ENGIE North America: Sandrine Deparis, sandrine.deparis@engie.com, (202) 855 3705

Long-term agreement will enhance Georgetown’s energy infrastructure while improving energy efficiency and supporting ambitious sustainability goals.

 

ENGIE and Georgetown University in Washington DC, USA announced today that they have entered into a comprehensive energy agreement to address sustainability and energy conservation through ENGIE’s management of the university’s utility system. This strategic alignment will help the university achieve its ambitious sustainability goals, positively impacting students, faculty and the community.

Georgetown University’s main campus is located in the historic Georgetown neighborhood of Washington DC. It covers more than100 acres and houses approximately 60 main buildings and has 19,000 students, and 6,200 employees, including 2,200 faculty. Its campus also includes MedStar Georgetown University Hospital.

During the term of the agreement, ENGIE will assume responsibility for the enhancement, operation and upkeep of the electrical, heating and cooling and domestic water systems. Georgetown will retain ownership of its facilities and control over decisions related to capital improvements. Through capital improvement and energy conservation programs, the partnership will generate operational efficiencies, position Georgetown to reduce its energy use intensity by at least 35 percent by 2030 and create additional resources that will enable the University to deepen its focus on fostering a leading academic community in a sustainable way.

“After committing to divest from fossil fuels and launching a power purchase agreement that will ensure that two-thirds of the university’s electricity needs will be sourced through solar power, this partnership further enhances our ambitious sustainability goals,” said Geoff Chatas, Senior Vice President and Chief Operating Officer at Georgetown University. “We are excited to partner with ENGIE to accelerate our progress toward aligning with the UN Sustainable Development Goals, integrating sustainability across our functional areas, and becoming a model for how universities and other complex organizations can strengthen their sustainability efforts. We are confident that ENGIE’s expertise in clean energy management will improve the experience of students, faculty and the broader Georgetown community.” 

“ENGIE is proud to become Georgetown University’s energy partner to achieve its sustainability goals” said Cécile Prévieu, Executive Vice President in charge of Client Solutions at ENGIE. “Innovative solutions will be developed through our collaborative program with the campus community and will help us to operate, maintain, and improve campus utility services.”

ENGIE is a leader in energy services for major universities, cities, and critical infrastructure entities around the world. The 50-year partnership with globally-renowned Georgetown University is the latest example in which institutions are turning to a partnership model to manage and operate energy infrastructure upgrades. Over the last three years, ENGIE has implemented successful energy concession partnerships at The Ohio State University and the University of Iowa. Most recently, ENGIE announced its new collaboration with Howard University, for a 20-year agreement managing the design, construction, operation and maintenance of a new central utility plant on campus.  Barclays served as exclusive financial advisor and Jones Day served as exclusive legal advisor to Georgetown University for the transaction.

For more information on Georgetown Energy Partners please visit: georgetownenergypartners.com 

About Georgetown University

Established in 1789 by Archbishop John Carroll, Georgetown is the oldest Catholic and Jesuit university in the United States. Located in Washington, DC; Doha, Qatar; and around the world; Georgetown University is a leading academic and research institution, offering a unique educational experience that prepares the next generation of global citizens to lead and make a difference in the world. For more information about Georgetown University, visit Georgetown.edu or connect with Georgetown on Facebook, Twitter, LinkedIn, or Instagram.

About ENGIE

Our group is a global reference in low-carbon energy and services. Together with our 170,000 employees, our customers, partners and stakeholders, we are committed to accelerate the transition towards 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. 

Turnover in 2020: 55.8 billion Euros. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe, Euronext Vigeo Eiris – Eurozone 120/ Europe 120/ France 20, MSCI EMU ESG, MSCI Europe ESG, Euro Stoxx 50 ESG, Stoxx Europe 600 ESG, and Stoxx Global 1800 ESG).

Media Contacts:

Sandrine Deparis
ENGIE North America 
202-855-3705
sandrine.deparis@engie.com  
 
Georgetown University
202-687-4328
gucomm@georgetown.edu

Howard University, a leading HBCU, partners with ENGIE North America, a leading energy services provider.

 

HOUSTON – ENGIE North America announced today that it has solidified its relationship with Howard University, one of the nation’s premiere HBCUs, by executing a long-term agreement for the design, construction, operation, and maintenance of a new central utility plant on Howard’s campus located in Washington, D.C.  

The new central utility plant will provide both electric and steam services for buildings on campus.  Under this agreement, ENGIE will design and construct the new plant and once complete, provide operations and maintenance services over the next 20 years. This long-term partnership will result in safe, reliable operation and resilient service for Howard’s students, faculty and other stakeholders, while at the same time reducing the campus’ carbon footprint and furthering Howard’s energy efficiency goals. ENGIE plans to begin construction in late-February with expected completion in late 2022. 

The new, modern steam plant will be a combined heat and power (CHP) plant, which will generate 35-40 percent of the University’s electric consumption on site. This technology produces a single source of energy that generates electricity or power at the point of use and utilizes exhaust heat that would normally be lost in the generation process to be recovered and recycled to produce steam.  

After managing numerous challenges related to its aging energy distribution infrastructure, the University sought a new solution in 2018 that would completely overhaul the existing central utility plant. ENGIE worked alongside the University on a feasibility study that included a site investigation and recommendations for near-term and long-term solutions for the system. The shared goal was to develop a cost-effective, energy solution to ensure safe operations and eliminate the risk of future campus closures stemming from problems with campus utilities.  

“Guided by our shared “Howard Forward” strategic vision, Howard is taking a proactive approach to strategizing and modernizing the University’s aging steam plant. Our partnership with ENGIE, to address one of the campus’ more critical infrastructural risks, will not only move our existing steam plant into the 21st century, but provide a blueprint for other HBCUs in their efforts to reduce vulnerabilities and become more energy efficient,” said Howard’s Executive Vice President and Chief Operating Officer, Tashni-Ann Dubroy, Ph.D. 

“Howard University is an incredible leader in the constellation of Historically Black Colleges and Universities across the United States,” said Serdar Tüfekçi, Head of Large Campus Partnerships at ENGIE North America Inc. “It is fitting that Howard University has taken this bold step to lead towards the energy transition. ENGIE North America is proud to serve the community’s long-term vision of creating a utility system that is resilient, reliable and affordable for the University and its stakeholders.”  

 
About Howard University  

Founded in 1867, Howard University is a private, research university that is comprised of 13 schools and colleges. Students pursue more than 140 programs of study leading to undergraduate, graduate and professional degrees. The University operates with a commitment to Excellence in Truth and Service and has produced one Schwarzman Scholar, three Marshall Scholars, four Rhodes Scholars, 11 Truman Scholars, 25 Pickering Fellows and more than 165 Fulbright recipients. Howard also produces more on-campus African-American Ph.D. recipients than any other university in the United States. For more information on Howard University, visit www.howard.edu.  

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. relies on their key businesses (gas, renewable energy, services) to offer competitive solutions to customers. With 170,000 employees worldwide, customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress. For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, www.engie-na.com and www.engie.com.

March 18, 2020 – Houston, TX – Today ENGIE announced the financial close reached on March 10th for the Public Private Partnership (P3) with the University of Iowa. ENGIE will manage the University’s utility system under a 50 years Concession Agreement.

 

On December 10, 2019, ENGIE and its partner Meridiam were awarded the concession valued at more than $1 billion dollars to manage the University of Iowa’s utilities and sustainability goals for two campuses spanning 1,700 acres in Iowa City, Iowa. These campuses together form one of the largest university footprints in the United States and serve over 35,000 students and approximately 14,000 employees.

The partnership allows the University to focus on its core mission of academics and research while working towards its goal of being coal-free by 2025, or sooner. At the same time, ENGIE and its partner Meridiam will focus on helping the University reduce its energy usage and leverage renewable energy generation sources, microgrids, energy storage and other technologies for a sustainable future.

Hannon Armstrong (NYSE: HASI), a leading investor in climate change solutions, holds a financial interest in the project through a preferred equity tranche.

The agreement requires that:

  • Sources of renewable energy and sustainable fuel will be used.
  • Legacy University of Iowa utility system employees being on-boarded by ENGIE.
  • Students, faculty and staff at the University will have opportunities to benefit from experiential learning and innovation via local and global internships, projects, and research opportunities in energy and other areas.

ENGIE will operate, maintain, optimize, and modernize the on-campus utility systems for the University under the agreement. The scope includes the provision for heating, cooling, and electricity to the campus through a dedicated network while also managing high quality and sanitary water and storm sewer services.

“ENGIE is excited to help lead the University of Iowa in its zero-carbon transition and towards a more sustainable energy future,” said Gwenaelle Avice-Huet, CEO of ENGIE North America.

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.

Media Contacts:
ENGIE North America: Sandrine Deparis, sandrine.deparis@engie.com, (202) 855 3705

December 10, 2019 – Iowa City, IA – Meridiam and ENGIE North America have been awarded a 50-year concession valued at more than $1 billion USD to address the University of Iowa’s energy, water, and sustainability goals for two campuses spanning 1,700 acres in Iowa City, Iowa. These campuses together form one of the largest university footprints in the United States.

 

Founded in 1847, the University of Iowa is the state’s oldest institution of higher education1, enrolling a diverse population of students of varying educational and demographic backgrounds on its campuses. It is one of the nation’s premier public universities with top-tier programs in the health sciences, special distinction in the arts, and the #1 Creative Writing Program in the U.S. (40+ Pulitzer Prize-winning faculty and alumni).

“The University of Iowa is pleased to partner with ENGIE and Meridiam over the next 50 years in order to deliver on the UI’s strategic plan, which is focused on the success of students; research and discovery; diversity, equity, and inclusion; and engagement,” says UI President Bruce Harreld. “With ENGIE and Meridiam, the university has found partners who share our values of investing in our people, improving sustainability, and transitioning toward a zero-carbon footprint.”

Meridiam and ENGIE will be 50/50 partners in an organization that is locally resourced and will concretely contribute to the United Nations Sustainable Development Goals2 and allow the University to meet its energy transition objectives.

The team combines the world’s leading energy services provider, ENGIE, with one of the leading long-term sustainable energy transition infrastructure investors, Meridiam. This partnership offers the University global resources, operational knowledge, and best practices needed to deliver crucial services while enabling the University to focus on its core missions in academics and research.

Under this agreement, ENGIE will operate, maintain, optimize, and improve the on-campus utility systems for the University. The scope includes providing heating, cooling, and electricity to the campuses through a dedicated network while also managing high quality and sanitary water and storm sewer services.

One of the key features of this agreement is to help the University transition to coal-free energy production on campus by January 1, 2025, if not sooner.

ENGIE and Meridiam will also work with the University to assure:

  • Multiple services and solutions involving reduction in energy usage as well as generation sources such as renewable energy, microgrids, energy storage and other innovative technologies preparing the campus for a resilient and sustainable future are explored
  • A seamless transition to welcome all current utility system employees
  • Students, faculty, and staff have opportunities to benefit from experiential learning and innovation via internships, projects, and research opportunities in energy and other areas, including through an innovative program to enhance awareness of ways to improve resource use for students and other members of the University community

“ENGIE looks forward to supporting the University of Iowa in its zero-carbon transition. Over the next 50 years, we will continually work to improve system efficiency, cost, and performance both
operationally and environmentally, leveraging the power of our global experience and focus on innovation to make the University of Iowa a showcase for next-generation energy management and
sustainability,” said Isabelle Kocher, CEO of ENGIE.

Thierry Déau, CEO of Meridiam said: ” As a Benefit Corporation3 built on the framework of the U.N. Sustainable Development Goals, with a strong focus on delivering access to clean energy across the globe, Meridiam is delighted to partner with ENGIE on this important project that will establish the University of Iowa as a landmark clean energy campus community for future generations.”

After winning a similar 50-year concession with The Ohio State University and acquisition of critical infrastructure to serve six Harvard-affiliated hospitals in Longwood Medical Area in Boston under a 34-year agreement, the work to be done with the University of Iowa reinforces ENGIE’s commitment to serving the university and healthcare sectors in North America. As the world’s leading energy services provider with more than 350 district energy systems, 113 GW of total generation capacity, and tens of thousands of operations, maintenance, and technical staff around the world, ENGIE offers comprehensive and tailor-made solutions across a broadening array of services to these customers.

Meridiam is a leading developer, investor, and asset manager specializing in greenfield infrastructure with a core focus on sustainability and impact. The UN Sustainable Development Goals (SDG) and Environmental, Social, and Governance (ESG) stand at the core of Meridiam’s business approach for each one of its 75 projects worldwide. The firm’s energy transition portfolio spans three continents, and more than 20 major projects in the field of renewable energy production and energy efficiency (700 MW of solar, hydro and geothermal; 520 GWh of biomass/biogas, 200,000 tons/year of waste to energy and 300,000 solar home systems), or e-mobility (more than 10,000 electric vehicle charging stations). Present in North America since 2007, Meridiam has 15 projects and assets under development, construction, or in operation on the continent for a total value of more than USD 22 billion, garnering numerous awards for leadership in energy and environmental design efficiency for projects including the Long Beach Courthouse (California), the CR-CHUM (Canada), and LaGuardia Airport Terminal B.

“We are entering a relationship with the University of Iowa that will span across generations,” Kocher and Déau concluded. “ENGIE and Meridiam look forward to uniting our strengths with the University to provide a sustainable future for years to come.”

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

About Meridiam
Meridiam was founded in 2005 by Thierry Déau, with the belief that the alignment of interests between the public and private sector can provide critical solutions to the collective needs of communities. Meridiam is an independent investment firm specializing in the development, financing, and management of long-term and sustainable public infrastructure projects and assets in the mobility, energy transition and social infrastructure sectors. With offices in, Addis Ababa, Amman, Dakar, Istanbul, New York, Luxembourg, Paris, Toronto and Vienna, Meridiam currently manages 7 billion Euros of assets, and more than 70 projects and assets to date. Meridiam is certified ISO 9001: 2015, ISO 26000 Advanced by VigeoEiris and operates on a proprietary methodology in relation to ESG and impact based on UNSDGs. www.meridiam.com

August 15, 2017 – Houston, TX and New York, NY – ENGIE North America Inc. and Axium Infrastructure US are pleased to announce the financial close of a transaction to operate and maintain The Ohio State University’s utility system at the 485-building campus in Columbus, Ohio, one of the largest university campuses in the United States.

 

The consortium had announced on April 7, 2017 that the university’s Board of Trustees awarded the Axium-ENGIE consortium a 50-year concession to operate and optimize the university’s district energy system, including implementation of a comprehensive energy conservation program, with the objective of improving the university’s energy efficiency by at least 25% within 10 years. The concession also includes the construction of a new Energy Advancement and Innovation Center for energy research and commercialization. The Center will create a living laboratory where faculty, students, alumni, entrepreneurs, industry experts, and ENGIE researchers can collaborate on next-generation technologies and services in areas such as smart energy systems, renewable energy, and green mobility.

“Financial close of this 50-year concession is a milestone in a truly groundbreaking partnership,” said Frank Demaille, CEO of ENGIE North America. “ENGIE, together with Axium, looks forward to advancing new possibilities with the Ohio State community, from improving ways to heat, cool, and power the campus to collaborating on potentially transformational technologies and services that someday could be shared far beyond Columbus.”

“Axium is thrilled to have established and now closed a first-of-its-kind, long-term energy management partnership with The Ohio State University. We believe that the Axium-ENGIE consortium can deliver world class operations as well as the implementation of a 21st century sustainability program at Ohio State’s Columbus campus.” said Thierry Vandal, President of Axium Infrastructure US. “This investment is a landmark transaction in the infrastructure industry and a great addition to our existing North American portfolio of over 60 core energy, transportation and social infrastructure assets.”

About ENGIE and Axium
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 present in 70 countries and employs 153,090 people, including 1,000 researchers in 11 R&D centers. For more information, please visit www.engie-na.com, @ENGIENorthAm, and www.engie.com.
Axium is a long-term, buy-and-hold infrastructure investment firm with over $1.8 billion in assets under management, as well as approximately $1 billion in managed co-investments. Axium currently holds a diversified portfolio of power and energy, transportation, and social infrastructure assets, including substantial investments in renewable energy to date, with interests in over 2.5 GW of wind, solar and hydroelectric power generation across North America.

ENGIE Press contact
Julie Vitek
Julie.vitek@engie.com
713 636 1962

Axium Press contact
Anne-Sophie Roy
asroy@axiuminfra.com
514 954 3781

April 7, 2017 – Houston, TX and New York, NY – ENGIE North America Inc. and Axium Infrastructure US have won a 50-year concession valued at $1.165 billion USD to address The Ohio State University’s energy sustainability goals for its 485-building campus in Columbus, Ohio, one of the largest university campuses in the United States. Following detailed reviews by groups composed of students, faculty, and staff who identified the ENGIE-Axium proposal as the top bid, the university’s Board of Trustees approved the contract award on April 7, culminating a more than two-year-long process in which 40 interested parties initially participated.

 

Having worked as business partners in Canada for the past five years managing a portfolio of large-scale wind and solar installations totaling 680 MW, ENGIE and Axium are long-term operators and investors. Founded in 1870, Ohio State enrolls nearly 60,000 students on its Columbus campus, and welcomes approximately 100,000 people every weekday during the academic year.

« We’re excited for the opportunity to deploy our experience in energy efficiency, production, procurement, and commodity risk management to support Ohio State in its quest to become an international leader in sustainability while providing new resources to enhance its academic mission,» said Frank Demaille, CEO of ENGIE North America. «With innovation, performance, and safety underpinning all of our endeavors, we are eager to work with the Ohio State utility team and with faculty, staff, and students on new energy research and technology commercialization through a state-of-the-art Energy Advancement and Innovation Center that we will build. »

« Axium is thrilled to join forces with ENGIE to deliver world class energy services to Ohio State, and to advance the visionary sustainability objectives put forward by the Ohio State community, » said Thierry Vandal, President of Axium Infrastructure US.

Signature elements of the Comprehensive Energy Management Project include:

  • Operation and optimization of the university’s utility system, including Energy Conservation Management Services leveraging the existing system and development of future capital improvement projects to improve the university’s energy efficiency by 25% within 10 years.
  • Construction of a new Energy Advancement and Innovation Center for energy research and commercialization. The Center would create a living laboratory where faculty, students, alumni, entrepreneurs, industry experts, and ENGIE researchers can collaborate on next-generation technologies and services in areas such as smart energy systems, renewable energy, and green mobility. The Center will be ENGIE’s first research facility in North America, with connectivity across ENGIE’s worldwide research and industry network.

“This partnership positions us as an international leader in energy and sustainability and further strengthens Ohio State as a national flagship public research university,” said Ohio State President Michael V. Drake.

“We are entering a relationship with Ohio State that will span generations,” Demaille concluded. “ENGIE and Axium look forward to uniting our ambitions with the university and surrounding community to build a cleaner, more efficient, and more innovative energy future in the years to come.”

About ENGIE and Axium
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 produces no carbon emissions or very few. Globally, the company is present in 70 countries and employs 153,090 people, including 1,000 researchers in 11 R&D centers. For more information, please visit www.engie-na.com, @ENGIENorthAm, and www.engie.com.

Axium is a long-term, buy-and-hold infrastructure investment firm with over $1.5 billion in assets under management, as well as approximately $1 billion in managed co-investments. Axium currently holds a diversified portfolio of power and energy, transportation, and social infrastructure assets, including substantial investments in renewable energy to date, with interests in over 2.5 GW of wind, solar and hydroelectric power generation across North America.

ENGIE Press contact
Julie Vitek
Julie.vitek@engie.com
713 636 1962
twitter: ENGIEgroup

Axium Press contact
Anne-Sophie Roy
asroy@axiuminfra.com
514 954 3781