Ocean Winds, ENGIE’s joint venture held 50/50 with EDP Renewables and dedicated to offshore wind, was awarded a lease area for a floating offshore wind site of 2 GW capacity by the U.S. Bureau of Ocean Energy Management (BOEM).

Ocean Winds and its partner the Canada Pension Plan Investment Board (CPP Investments), through their 50/50 joint venture Golden State Wind, was awarded a lease area of 325[X] km2 in the Morro Bay area, off the central coast of California. It is one of five sites that was the subject of an auction held by the BOEM.

The future offshore wind farm will have a capacity of 2 GW, generating enough energy to power the equivalent of 900,000 homes. This will bring California and the U.S. closer to meeting their clean energy goals of 5 GW of floating offshore wind generation by 2030 in California, and 15 GW by 2035 in the U.S.

This auction is the first floating offshore wind lease sale in the US and the first offshore wind lease sale on the West Coast. In North America, Ocean Winds has now about 6 GW under development with this new project in California and its two projects in the East: Mayflower Wind off the New England coast, and Bluepoint Wind off the New York and New Jersey coasts.

In addition to offshore developments, ENGIE has a strong position in North America, with over 4.5 GW of onshore wind and solar projects in operation and construction, to which were added a pipeline of 12 GW of solar and battery storage projects acquired by the Group in 2022.

Commenting, Paulo Almirante, ENGIE Senior Executive Vice President in charge of Renewables, Energy Management and Nuclear Activities, said:

This new success for Ocean Winds is linked to its pioneer role for more than 10 years in floating offshore wind, with around 4 GW of projects in operation, construction or underdevelopment in Portugal, France, South Korea and the UK. We, at ENGIE, are very proud to contribute to the development of offshore wind in the US, where Ocean Winds is developing now around 6 GW of offshore wind capacity and with significant contribution to the local economy.”

 

About ENGIE

Our group is a global reference in low-carbon energy and services. Together with our 101,500 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 2021: 57.9 billion Euros. 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 Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe, Euronext Vigeo Eiris – Eurozone 120/ Europe 120/ France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG, and Stoxx Global 1800 ESG).

ENGIE HQ Press contact:

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Email: engiepress@engie.com

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About Ocean Winds

Ocean Winds (OW) is an international company dedicated to offshore wind energy and created as a 50-50 joint venture, owned by EDP Renewables and ENGIE. Based on its belief that offshore wind energy is an essential part of the global energy transition, OW develops, finances, builds and operates offshore wind farm projects all around the world.

When EDP and ENGIE combined their offshore wind assets and project pipeline to create OW in 2019, the company had a total of 1.5 GW under construction and 4.0 GW under development; OW has been adding rapidly to that portfolio and is now on a trajectory to reach the 2025 target of 5 to 7 GW of projects in operation, or construction, and 5 to 10 GW under advanced development. In 2022, OW’s offshore wind gross capacity already operating, contracted or with grid connection rights granted reaches 16.6 GW.

OW, headquartered in Madrid, is currently present in 8 countries, and primarily targets markets in Europe, the United States, selected parts of Asia, and Brazil.

More information: www.oceanwinds.com                                    Follow us on LinkedIn

Ocean Winds, ENGIE’s 50/50 joint venture with EDPR dedicated to offshore wind, has been awarded a 289 km2 lease area in the New York Bight offshore wind energy auction, for a site with a capacity of up to 1.7 GW.

Ocean Winds East, LCC, the partnership between Ocean Winds and New York-based Global Infrastructure Partners (GIP), a leading independent infrastructure fund manager, was named as the winning bidder of the right to lease a 289 km² area, Central Bight, off the coast of New York and New Jersey. This lease area was part of the six offshore sites awarded by the U.S. Bureau of Ocean Energy Management (BOEM)’s “New York Bight” program.

This award sets the stage for development of a state-of-the-art offshore wind project. When fully developed, this bottom-fixed farm, located 38 miles off the coast of New York and 53 miles off the coast of New Jersey, is expected to contribute up to 1.7 GW towards U.S., New York/New Jersey’s clean energy goals.

Ocean Winds is thus reinforcing its presence in the U.S. where it is developing, through Mayflower Wind, a lease area of over 2 GW, of which 1.2 GW already secured through Power Purchase Agreements. With this sizeable platform, Ocean Winds will benefit from a sound position to capture future growth in the country which targets a 30 GW offshore wind installed capacity by 2030.

The U.S. BOEM’s auction of the New York Bight lease areas began on February 23th and was completed on February 25th, after 63 rounds. The total amount paid for the six lease areas was $4.37 billion, including Ocean Winds East, LLC, successful bid of $765 million for lease area OCS-A 0537.

This site brings Ocean Winds’ global total offshore wind gross capacity already operating, contracted or with grid connection rights granted to 11 GW.

 

Paulo ALMIRANTE, ENGIE Senior Executive Vice President, in charge of Renewables, Energy Management and Nuclear Activities, said:

“ENGIE, through Ocean Winds has been awarded this 39-year lease agreement in the highly competitive New York Bight auction process, amongst the 25 entities qualified to bid. It will allow Ocean Winds to strengthen its footprint in the U.S., one of the biggest offshore wind markets worldwide, and support the growth objective of ENGIE in the country, where it already operates 3.9 GW of onshore wind and solar PV.”

 

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 2021: 57.9 billion Euros. 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 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).

 

ENGIE HQ Press contact:

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Email: engiepress@engie.com

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Investor relations contact:

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ENGIE is pleased to announce that Ocean Winds, its 50/50 joint venture with EDPR dedicated to offshore wind, has secured a 400 MW Power Purchase Agreement (“PPA”) for Mayflower Wind, the 50/50 joint venture company owned by Ocean Winds and Shell New Energies, to deliver clean offshore wind energy to Massachusetts.

 

These 400 MW of PPA are on top of the already 804 MW PPA secured capacity by Mayflower Wind announced in 2019. In total, Mayflower Wind has now c. 1,200 MW of secured capacity, to provide clean energy to customers throughout Massachusetts.

With today’s announcement, Mayflower Wind will start development of the federal lease area and continue pursuing additional energy contracts to cover its total seabed lease rights of 2,000 MW. Subject to a future investment decision, operations are expected to be commissioned in the mid-2020s.

We are very proud that Ocean Winds and its partner have secured a 400 MW PPA, awarded by the Commonwealth of Massachusetts, through Mayflower Wind. The US market and offshore wind are two main priorities within ENGIE’s strategy in Renewables, and will contribute significantly to reach the Group’s ambitious target to scale up from 31 GW by the end of 2020 to 50 GW in 2025 of renewable capacity”, said Paulo ALMIRANTE, ENGIE Senior Executive Vice President, in charge of Renewables, Energy Management and Nuclear Activities.

With this PPA, ENGIE’s offshore wind under construction or secured capacities reach 4 GW, in addition to the 0.5 GW already operating.

 

 

About ENGIE

 

Our group is a global reference in low-carbon energy and services. In response to the urgency of climate change, our ambition is to become the world leader in the zero carbon transition “as a service” for our customers, in particular global companies and local authorities. We rely on our key activities (renewable energy, gas, services) to offer competitive turnkey solutions.

With our 170,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.

Turnover in 2019: 60.1 billion Euros. 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 Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris – World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance).

 

ENGIE HQ Press contact:

Tel. France: +33 (0)1 44 22 24 35

Email: engiepress@engie.com

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Investors relations contact:

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Email: ir@engie.com

November 09, 2020 – Boston, MA EDP Renewables and ENGIE have combined their existing and planned offshore wind efforts to form a new company, Ocean Winds (OW), that is one of the largest “pure” offshore wind development enterprises in the world.

 

EDP Renewables and ENGIE have combined their existing and planned offshore wind efforts to form a new company, Ocean Winds (OW), that is one of the largest “pure” offshore wind development enterprises in the world.  

After launching OW in Europe, EDP Renewables and ENGIE are now unveiling the U.S. arm of this new company: OW North America.

“OW will be a major element in creating the new clean, sustainable, and prosperous economy that Americans are demanding and OW North America can help to build that future” said OW CEO Spyros Martinis, adding, “OW North America from Day One is in the business of developing and delivering real offshore wind projects.”  

Regulators around the world, including U.S. authorities, have approved the merger of EDPR and ENGIE’s offshore wind businesses allowing OW to begin life with 5.5 GW of committed offshore assets starting with a total of 1.5 GW under construction and 4.0 GW under development, with the target of reaching 5 to 7 GW of projects in operation or under construction and 5 to 10 GW under advanced development by the middle of this decade. 

OW North America starts its life in a strong position in the highly attractive US renewable energy market on both the East and West Coasts. 

OW North America is a 50 percent owner of Mayflower Wind, a company which was successful in a state-sponsored competive auction which resulted in contracts to deliver 804 Megawatts (MW) of offshore wind energy to the Massachusetts utilities and their customers by the middle of this decade.  Mayflower Wind’s federal lease area, awarded in December 2018, has the potential to reach over 1600 MW. In addition, OW North America is a partner in the Redwood Coast floating offshore wind project, building on its experience developing floating projects in Europe, in particular Windfloat Atlantic – a fully operational floating offshore wind farm that is supplying clean affordable energy to the electricity customers of Portugal. OW will fill EDPR’s role in the Redwood Coast public-private consortium committed to developing an offshore wind project utilizing floating platform technology off the coast of Humboldt County in Northern California. The project’s customers will include consortium member Redwood Coast Energy Authority, a community choice aggregator established by local governments in Humboldt County.   

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About OW 

OW is a 50:50 offshore wind joint-venture, owned and created by EDPR and ENGIE in 2019. Both companies believe that offshore wind energy is becoming an essential part of the global energy transition, leading to the sector’s rapid growth and increased competitiveness. That is why they have included all their existing and pipeline offshore portfolio in the new company. 

OW has a strategic advantage and is well positioned to play a leading role in the offshore market. EDPR and ENGIE are combining their offshore wind assets and project pipeline in OW, starting with a total of 1.5 GW under construction and 4.0 GW under development, with the target of reaching 5 to 7 GW of projects in operation or under construction and 5 to 10 GW under advanced development by 2025. OW primarily targets markets in Europe, the United States and selected geographies in Asia, from where most of the growth is expected to come.
 

About EDP Renewables (EDPR) 

EDP Renováveis (Euronext: EDPR) is a global leader in the renewable energy sector and the world’s fourth-largest wind energy producer. With a sound development pipeline, first class assets and market-leading operating capacity, EDPR has undergone exceptional development in recent years and is currently present in 14 international markets (Belgium, Brazil, Canada, Colombia, France, Greece, Italy, Mexico, Poland, Portugal, Romania, Spain, the UK and the US).

EDPR is committed to furthering social advances in terms of sustainability and integration. This is reflected by the inclusion of the company in the Bloomberg Gender Equality index and the fact that it has been certified as a Top Employer 2020 in Europe (Spain, Italy, France, Romania, Portugal and the United Kingdom), both of which recognize its employee-driven policies.

EDPR entered US market in 2007. Since then, EDPR more than doubled its wind-power production, making it one of the world’s largest producers. The US is EDPR’s biggest market in terms of installed capacity and production. EDPR North America is based in Houston, Texas, and maintains offices and wind farms across the United States. The American platform has seen rapid growth since 2007, operating approximately 7.2 GW

Energias de Portugal, S.A. (“EDP”), the principal shareholder of EDPR, is a global energy company and a leader in value creation, innovation and sustainability. EDP has featured on the Dow Jones Sustainability Index for 13 consecutive years.
 

About ENGIE 
Our group is a global reference in low-carbon energy and services. Our purpose (“raison d’être”) is to act to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions, reconciling economic performance with a positive impact on people and the planet. We rely on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. With our 170,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.  

ENGIE offers a range of capabilities in North America. These include comprehensive services to help customers run their facilities more efficiently and optimize energy and other resource use and expense; a renewables business that includes, grid scale wind and solar as well as distributed resources and energy storage; and retail energy supply. Nearly 100% of the company’s power generation portfolio is low carbon or renewable (at the end of 2020, ENGIE will have around 2.5 GW renewable capacity in the US). 

Turnover in 2019: 60.1 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 and Euronext Vigeo Eiris – World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance). 

September 26, 2019 – Thomas County, KS – Residents, business leaders, and government officials today joined ENGIE North America to mark the grand opening of the Solomon Forks Wind Project, as well as to celebrate the East Fork Wind Project scheduled to become operational in the spring of 2020. Both projects are located in Thomas County, near the city of Colby, in northwest Kansas and together represent $650 million of investment. ENGIE is proud to serve T-Mobile US, Inc., Target Corp., Brown-Forman, and Allianz Global Corporate & Specialty through these projects.

 

With 105 wind turbines capable of producing 276 MW of clean energy, Solomon Forks is currently the largest wind farm in ENGIE North America’s portfolio. Now in commercial operation, the project will generate significant benefits to the local area for years to come, with lease payments to landowners under land easements, local jobs to operate and maintain the facility, 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.

The East Fork wind project, meanwhile, also has substantial generation capacity at 196 MW from 72 turbines. Similar to Solomon Forks, the East Fork project is enabling new economic and educational opportunities to the local area, with lease payments to landowners under land easements, local job creation during 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.

“ENGIE, Target, T-Mobile, Brown-Forman, and Allianz Global Corporate & Specialty now know what we have known in Kansas for years – our resources, whether they be our farm ground, our transportation infrastructure, our wind in this case, or most importantly the communities and people of Kansas – are second to none. I applaud ENGIE, Target, T-Mobile, Brown-Forman, and Allianz Global Corporate & Specialty for the success of these projects, ENGIE’s investment in the local community college, and what all this means for Thomas County and all of Kansas,” said Kansas Speaker of the House Ron Ryckman.

“It’s entirely fitting to celebrate the power of wind here in Kansas, a state whose name stems from the Native American word that means ‘south wind,’” said Colby Mayor Gary Adrian. “For businesses and cities, we need to look at the future as an opportunity not a challenge. I’d like to thank ENGIE for the economic and clean energy engine it has become for our community here in Kansas today and for the future.”

“We’re thrilled to become a part of the community here in Kansas and want to thank all who have gathered with ENGIE today for your support,” said Gwenaëlle Avice-Huet, President and CEO, ENGIE North America and Executive Vice President in charge of ENGIE’s Global Renewable Business Line. “We’re proud to make clean, renewable energy a positive catalyst for our customers in their sustainability goals and to enable new economic and educational opportunities within Thomas County.”

Both the Solomon Forks and East Fork projects reinforce ENGIE’s strategy to lead the zero-carbon transition for companies and local authorities. They contribute to ENGIE’s rapid expansion in renewables, with an ambition to build approximately 9,000 MW of new renewable energy projects from 2019-2021 globally, including 2,500 MW of new renewable capacity in North America. The company has an additional 10,000 MW of wind and solar projects in its broader development pipeline in the U.S. and Canada.

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

June 18, 2019 – Houston, TX – ENGIE North America Inc. announced today it has started commercial operation at its Seymour Hills Wind Farm Project, located in Baylor County, Texas. With a total capacity of approximately 30 MW, the Seymour Hills Wind Project is providing the renewable energy it generates to corporate customers, Ingersoll Rand (NYSE: IR) and Akamai Technologies, Inc. (NASDAQ: AKAM), each under a separate power purchase agreement.

 

Seymour Hills features 12 General Electric 2.52 MW turbines with 127-meter rotors and was constructed by Blattner Energy, Inc. The total capital investment for the wind farm is more than $50 million, and the project employed nearly 150 people during the height of construction activity. The wind farm has already generated significant economic development in the local area and will continue to do so over the life of the project with millions of dollars in annual payments to landowners and to local taxing authorities.

Seymour Hills is part of the portfolio acquired in early 2018 by a subsidiary of ENGIE North America from Infinity Power Holdings, a joint venture between Infinity Renewables and MAP® Energy.

ENGIE’s ambition is to lead the zero-carbon transition based on 3 pillars: Client Solutions across a broadening array of services (including on-site co-generation, heating and cooling networks, public lighting, rooftop solar); Networks to adapt them to future green gas requirements and continue to generate attractive returns and substantial cash flow; and Renewables, with a plan to add 9 GW of renewables capacity to the Group portfolio (24 GW at the end of 2018) by 2021. In this field, ENGIE targets 50% of new renewable projects dedicated to specific customers by 2021 and to play a leading role in next-generation renewable platforms including offshore wind and green gas.

North America will be a key market to reach these ambitions both in Client Solutions and Renewables. The Seymour Hills Wind Project will contribute to ENGIE’s goal to build at least 2.5 GW of wind and solar capacities in the next 3 years in the US and Canada. As with the Seymour Hills project, these capacities will be dedicated to specific customers.

About ENGIE North America Inc.
ENGIE North America manages a range of energy businesses in the U.S. and Canada, including electricity generation, cogeneration, and energy storage; retail natural gas and electricity sales, and comprehensive services that help customers run facilities more efficiently and optimize energy 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, employing 160,000 people, including 1,100 researchers. For more information on ENGIE North America, please visit our InstagramLinkedInTwitter, or Facebook pages or www.engie-na.com web site.

April 16, 2019 – Houston, TX – ENGIE North America Inc. today announced the start of construction of the Jumbo Hill Wind Project, located in Andrews County, Texas. With a total capacity of approximately 160 MW, Jumbo Hill is scheduled to be online by spring of 2020.

 

Jumbo Hill will provide energy and Renewable Energy Credits generated by the Project to a corporate customer under a virtual Power Purchase Agreement (PPA), and has also entered into a Proxy Revenue Swap for a portion of its generation with Allianz Global Corporate & Specialty’s specialist weather risk team, in collaboration with its partners at Nephila Climate. REsurety Inc provided risk analytics supporting the Proxy Revenue Swap transaction and will serve as the calculation agent on an ongoing basis.

Jumbo Hill will use 57 GE Renewable Energy turbines, each with 127-meter rotors and a capacity of more than 2 MW, and the balance of the facility will be built by Wanzek Construction, Inc. The total capital investment of the Project is over $150 million, and there will be up to 250 people employed at the site during the height of construction activity. The Project will also generate significant economic development in the local area: annual payments to landowners will total millions of dollars over the life of the Project, combined with purchases of local goods and services, and nearly $30 million in payments to the various taxing entities. The Project is expected to employ up to 12 people long-term. The Project is part of the portfolio acquired in 2018 by a subsidiary of ENGIE North America from Infinity Power Partners, a joint venture between Infinity Renewables and MAP® Energy.

“ENGIE is thrilled to be announcing our fifth wind project to start construction over the past year,” said Emily Cohen, Vice President of Commercial Strategy within ENGIE North America’s wind development team. “The construction of the Jumbo Hill Project will take ENGIE North America’s renewable generation built or under construction to more than 1.5 GW of capacity. It is a strong project in a unique location in West Texas, and we expect it to complement and help grow the evolving industries in the region.”

About ENGIE in North America Inc.
ENGIE North America manages a range of energy businesses in the United States and Canada, including clean power generation, 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 InstagramLinkedInTwitter, or Facebook pages or www.engie-na.com.

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.