MIAMI & HOUSTON – The Institute of Contemporary Art Miami (ICA) and a subsidiary of ENGIE North America (ENGIE) announced today an innovative new collaboration that advances an emerging renewable energy solution and expands the museum’s sustainability efforts. Under the terms of a five-year agreement with ENGIE Resources LLC, ICA Miami will procure Renewable Energy Certificates (RECs) from ENGIE’s Priddy Wind Project (Mills County, Texas) to match 100% of the museum’s forecast electricity consumption. As the first renewable energy agreement in Florida for ENGIE Resources, the collaboration represents increasing interest for similar solutions in markets that are not yet open to retail power competition.

A leading contemporary art museum in the U.S. and globally, ICA Miami is recognized for promoting continuous experimentation and embracing innovative practices, through its exhibitions and programs and in its operations and practices. In 2020, the museum was among the original grantees for the Helen Frankenthaler Foundation’s sustainability funding and has since implemented carbon offsets and sustainable shipping practices for major exhibitions. With this energy agreement, ICA Miami is matching 100% of its electricity consumption for the building and museum operations with project-specific Green-e® certified RECs that avoid the greenhouse gas emissions of 1,352 metric tons of CO2 equivalent.*

Commercial and industrial customers from any market can support sustainability efforts by sourcing project-specific RECs, but interest is in its early stages. “Customer understanding and adoption of RECs takes time,” said Brad McIntyre, business development manager at ENGIE Resources. “ICA Miami is a great jumping-off point for us in the South Florida market,” said McIntyre. “RECs provide sustainable solutions for developers to invest in new assets and we expect this agreement to accelerate the impact of renewables in this and other similar markets.”

“ICA Miami has long been committed to adopting best practices for sustainability and reducing the museum’s carbon footprint. Our alliance with ENGIE not only supports the museum’s ongoing sustainability efforts, but also contributes to an emerging renewable energy solution that is not yet prevalent in South Florida. We are excited to be a part of bringing these kinds of solutions to our community and to continue expanding on this work,” said Alex Gartenfeld, ICA Miami Irma and Norman Braman artistic director.
Acting as an advisor on the agreement is Industrial Energy (Fort Lauderdale, FL). “It is exciting to be at the forefront of a solution that promotes planet-friendly power in a market that is not yet open to retail choice,” said Christian Amabile, executive vice president. It’s a privilege to work with an organization that plays such an important role in the social landscape.”

Green-e® RECs are certified by the nonprofit Center for Resource Solutions. Certification ensures that RECs are properly accounted for and that no double counting takes place.

*EPA Greenhouse Gas Equivalencies Calculator


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About the Institute of Contemporary Art

The Institute of Contemporary Art, Miami (ICA Miami) is dedicated to promoting continuous experimentation in contemporary art, advancing new scholarship, and fostering the exchange of art and ideas throughout the Miami region and internationally. Through an energetic calendar of exhibitions and programs, and its collection, ICA Miami provides an important international platform for the work of local, emerging, and under-recognized artists, and advances the public appreciation and understanding of the most innovative art of our time. Launched in 2014, ICA Miami opened its new permanent home in Miami’s Design District on December 1, 2017. The museum’s central location positions it as a cultural anchor within the community and enhances its role in developing cultural
literacy throughout the Miami region. The museum offers free admission, providing audiences with open, public access to artistic excellence year-round.
icamiami.org


About ENGIE North America

Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a global leader in low-carbon energy and services. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges. Together with our 97,000 employees around the globe, our customers, partners and stakeholders, we are committed to accelerate the transition toward a carbon-neutral world, through reduced energy consumption and more environmentally friendly solutions. Inspired by our purpose (“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. In North America, ENGIE helps our clients achieve their energy efficiency, reliability, and ultimately, their sustainability goals, as we work together to shape a sustainable future. We accomplish this through: energy efficiency projects, providing energy supply (including renewables and natural gas), and the development, construction and operation of renewable energy assets (wind, solar, storage and more). For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, www.linkedin.com/company/engie-north-america-inc and twitter.com/ENGIENorthAm.


About Industrial Energy

Industrial Energy is a leading energy advisor to commercial, industrial, and institutional clients. The company leadership has over 35 years of experience in providing supply, strategy, and full coverage, and function in the form of on-staff energy advisors to best assist customers. Industrial Energy is at the forefront of developing renewable energy supply solutions for end-use customers of all sizes, including site-specific Power Purchasing Agreements, and Virtual Power Purchasing Agreements. industrialenergy.info


Media Contacts

ICA Miami: icamiami@resnicow.com

ENGIE North America: michael.clingan@external.engie.com

HOUSTON, April 22, 2024 (GLOBE NEWSWIRE) — ENGIE, a leader in the Net Zero energy transition, envisions continued strong customer demand for its renewables solutions in the U.S. and aims to grow its number of integrated projects substantially.

ENGIE was recently named the top corporate seller of clean power purchase agreements (PPAs) globally in what was a record year for PPAs, according to BloombergNEF’s (BNEF) 2023 full year rankings. According to the report, corporations publicly announced a record 46 gigawatts (GW) of solar and wind contracts in 2023, a 12% increase from 2022. The U.S. remained the largest market for PPAs with 17.3GW of deals announced.

“Our strong customer focus combined with our safe, expert project delivery is at the heart of our growth in the U.S.,” said David Carroll, chief renewables officer, senior VP, North America region for ENGIE. “Our reputation for consistently delivering projects that enable our customers to meet their public commitments with confidence is key. Customers value our track record of delivering projects on-time, on-spec and on-budget. We do this by leveraging our global scale and integrated model complemented by our energy expertise and local presence.”

ENGIE currently has 7 GW of solar, wind and battery storage projects in North America and that number is growing. Last year, it ranked among the top 10 clean power owners and number 4 in top developers of clean power capacity installed in the U.S., according to American Clean Power (ACP) 2023 Market Report.

The company views its pace of growth accelerating to support its customers as PPAs increasingly become the centerpiece of companies’ sustainability strategies. Its growth pipeline also ranked in the top 10 in the U.S. according to the ACP report, with an emphasis on co-locating energy storage with solar and wind projects with its acquisition of Broad Reach Power last year.

“Our success is attributed to our team of clean energy experts – our people. They are the driving force behind our achievements, impacting one customer and project at a time,” said Prathima Sundar, chief human resources officer and VP at ENGIE N.A. “We actively seek out and cultivate top talent within the industry, fostering a culture that values diversity and inclusion. This approach ensures that we deliver the highest quality sustainability solutions to our customers.”

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About ENGIE North America
Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a global leader in low-carbon energy services. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges. Together with our 97,000 employees around the globe, our customers, partners and stakeholders, we are committed to accelerate the transition toward a carbon-neutral world, through reduced energy consumption and more environmentally friendly solutions. Inspired by our purpose (“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. In North America, ENGIE helps our clients achieve their energy efficiency, reliability, and ultimately, their sustainability goals, as we work together to shape a sustainable future. We accomplish this through: energy efficiency projects, providing energy supply (including renewables and natural gas), and the development, construction and operation of renewable energy assets (wind, solar, storage and more). For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, https://www.engie-na.com/ and https://www.engie.com.

The 65 MW Century Oak Wind agreement will generate the power equivalent to the annual electricity needs of more than 34,000 average U.S. homes.

HOUSTON – Ferguson and ENGIE North America (ENGIE) announced today a 65 MW Virtual Power Purchase Agreement (VPPA) from ENGIE’s Century Oak wind project located in Callahan County, Texas, 160 miles west of Dallas.
This VPPA between ENGIE and Ferguson, a leading value-added distributor providing expertise, solutions and products from infrastructure, plumbing and appliances to HVAC, fire, fabrication and more, is expected to generate enough clean wind power to match a significant portion of Ferguson’s annual electricity use in the United States and Canada.

The agreement with ENGIE, a subsidiary of ENGIE S.A., a global leader in the transition to renewable energy, is part of Ferguson’s strategy to reduce its environmental footprint through fleet management, energy-efficient upgrades across its facilities, investing in onsite solar and seeking offsite renewable energy opportunities. The agreement is expected to generate enough power to meet the annual electrical needs of more than 34,000 average U.S. homes – or in more everyday terms some 700,000 ENERGY STAR kitchen refrigerators!
Schneider Electric also supported the Ferguson and ENGIE collaboration, through its VPPA advisory services on the project, managing the strategy and other ongoing negotiations throughout the total process.

“Century Oak reflects our commitment to reducing our environmental impact across our operations and represents a significant milestone for our business,” said Denise Vaughn, Vice President Environmental, Social and Governance, Ferguson. “We are delighted to work with ENGIE and Schneider Electric on Century Oak which delivers renewable, reliable and cost-effective energy to the grid.”

The Century Oak wind project is part of ENGIE’s almost 7 GW of wind, solar and storage in operation or construction across North America. The 153 MW project will become a long-term contributor to the 13,000 residents of the Callahan County community. The project is expected to generate tax revenues of around $14 million to support county services and an additional $19 million in revenues to the local School district, supporting teachers and educational infrastructure over the 30-year life of the project.
“We are honored that Ferguson chose ENGIE to be part of their energy transition and the role Century Oak will play in their sustainability journey,” said Dave Carroll, Chief Renewables Officer, ENGIE North America. “These are long-term projects that will not only produce renewable power, but provide jobs, tax revenues and economic growth, and we are privileged that the Callahan County community is part of this journey. We have activities in more than 100 counties across the U.S. and Canada – the energy transition is really one that will be powered by communities across the continent.”

The energy transition is creating opportunities across many communities in the U.S. where key elements of the project’s 45 GE Turbines were constructed, and locally with an estimated 300-400 skilled construction professionals engaged in project construction. The project is also somewhat local for Ferguson, who employs 3,000 associates across Texas.

Both Ferguson and ENGIE are focused on building a sustainable pipeline of skilled trade professionals through investment in training and attracting talent to both traditional trades, as well as the fast-growing needs of the renewable energy sector. Ferguson Cares and ENGIE’s local relationships with technical schools and other institutions underpin their support for the development of a skilled future workforce.
Construction is underway at Century Oak, creating 300-400 temporary jobs, while up to six new permanent roles and additional 3rd party specialists will support local operations over the life of the project. The project is expected to be completed by the end of 2023.

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About Ferguson
Ferguson plc (NYSE: FERG; LSE: FERG) is a leading value-added distributor in North America providing expertise, solutions and products from infrastructure, plumbing and appliances to HVAC, fire, fabrication and more. We exist to make our customers’ complex projects simple, successful and sustainable. Ferguson is headquartered in the U.K., with its operations and associates solely focused on North America and managed from Newport News, Virginia. For more information, please visit www.corporate.ferguson.com or follow us on LinkedInhttps://www.linkedin.com/company/ferguson-enterprises.

About ENGIE North America
Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a global leader in low-carbon energy and services. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges. Together with our 96,000 employees around the globe, our customers, partners and stakeholders, we are committed to accelerate the transition toward a carbon-neutral world, through reduced energy consumption and more environmentally friendly solutions. Inspired by our purpose (“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. In North America, ENGIE helps our clients achieve their energy efficiency, reliability, and ultimately, their sustainability goals, as we work together to shape a sustainable future. We accomplish this through: energy efficiency projects, providing energy supply (including renewables and natural gas), and the development, construction and operation of renewable energy assets (wind, solar, storage and more). For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, https://www.engie-na.com/ and https://www.engie.com.


Contacts:

ENGIE North America
Michael Clingan, Press Relations
Michael.clingan@external.engie.com

Ferguson
Christine Dwyer, Senior Director of Communications and PR
Christine.dwyer@ferguson.com

ALIQUIPPA, Pa. and HOUSTON, Sept. 20, 2023 /PRNewswire/ — GetBlok Farms© has entered into a two-year renewable energy agreement with ENGIE Resources LLC, a subsidiary of ENGIE North America (ENGIE). This renewable energy purchase includes Renewable Energy Credits (RECs) from the Priddy Wind Project (Mills County, Texas). GetBlok Farms© will receive RECs to match the forecasted consumption for its hydroponics farm in West Aliquippa (PA).


The Green-e® certified RECs in this agreement are determined by the Center for Resource Solutions to be independently verified to represent the environmental benefits of one MWh of renewable energy. Over the term of this agreement, the RECs will equal 100% of GetBlok Farms© demand and avoid the equivalent CO2 emissions from 343,730 pounds of coal burned, or the greenhouse gas emissions avoided by 106 tons of waste recycled instead of landfilled.*

“Sustainability drives the core of our operations,” said Vinnie Lima, Managing Member at GetBlok Farms. “Our approach for hyper-local and highly sustainable farming methods must address the energy consumption in hydroponic farms. As a core piece of our sustainability commitment, we are delighted to leverage wind-generated Green-e® power from the Priddy Wind Project designed, developed and operated by ENGIE.”

The Priddy Wind Project is a 300 MW asset with 63 turbines that can produce electricity with wind speeds as low as 6.7 mph. The project is located 150 miles southwest of Dallas and commenced commercial operations in February 2022.

“Not only is this one of the first customer announcements for renewable energy from the Priddy Wind Project, it is one of the first hydroponic farms in our portfolio of customers,” said Taymur Bunkheila, director of sustainability solutions and energy+ initiatives at ENGIE Resources. “We are proud to bring the benefits of planet-friendly power to an operation with such a noble cause.” 

*According to EPA Greenhouse Gas Equivalencies Calculator.

About GetBlok Farms
GetBlok Farms utilizes Controlled Environment Agriculture (CEA), growing over 2.5 acres of fresh produce in only 320 square feet. Through a state-of-the-art CEA system, we are able to consume 97% less water than traditional farming, while utilizing no pesticides or herbicides. By “moving farms, not food”, we are able to achieve an astounding reduction of over 1500 miles in transportation, leading to a substantial decrease in CO2 emissions and waste. Located in Aliquippa, Beaver County, Pennsylvania, GetBlok Farms is deeply rooted in community involvement and economic development in disadvantaged food deserts. 

About the ENGIE Group
The ENGIE Group (made up of ENGIE S.A. and its subsidiaries and affiliates) is a global leader in low-carbon energy and services. With its 96,000 employees, its customers, partners and stakeholders, the Group is committed to accelerate the transition toward a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions. Inspired by its purpose (“raison d’être”), ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its customers. ENGIE S.A. (ENGI), is listed on the Paris and Brussels Stock Exchanges. In North America, ENGIE companies have delivered integrated, innovative energy solutions to public and private organizations for nearly half a century. We employ approximately 3,000 people focused on enabling our customers to become more sustainable and achieve their decarbonization targets through expert project delivery and competitive solutions. For more information on ENGIE in North America, please visit our LinkedIn page or Twitter feed, https://www.engie-na.com/ and https://www.engie.com.

SOURCE ENGIE Resources

ENGIE drives PPA innovation after being ranked as the top developer to sell corporate clean energy PPAs by BloombergNEF in their latest Market Outlook report. Since 2019, we have shown resilience and consistency by ranking in the top three for developers, and our success in 2023 is no exception. We signed 19 deals covering over 1GW in five different countries, bringing our total corporate PPA portfolio to 7.3GW. Our clients trust us to support them in their adoption of renewable energy and to help them meet their energy reliability, sustainability, and efficiency goals.

We are proud to lead in both wind and solar technology for MW sold through PPAs, and we look forward to continued success as an innovative provider of sustainable energy solutions. On a local note, we are proud that the majority of the deals in the report were contributed by North America, an important growing market for ENGIE.

Read the full BloombergNEF report.

HOUSTON – ENGIE North America (ENGIE) announced four projects reached commercial operation at the end of December 2022 with a total production capacity of 651 MW. The addition of these projects brings ENGIE’s renewable operations to more than 4.8 GW across the U.S. and Canada.

The portfolio additions include two Texas projects, the 300 MW Limestone Wind project in Navarro and Limestone counties alongside the 250 MW Sun Valley Solar project in Hill County northeast of Waco.

Dedication ceremonies to formally inaugurate Limestone and Sun Valley were held earlier this month, bringing together some 200 people including customers, landholders, local, state and federal representatives, community members and development partners, reflecting both the addition of 550 MW of clean energy to the grid, as well as the long-term commitments to the three counties which are expected to generate around $88 million in tax revenues over the life of the projects.

A further two solar projects totaling 101 MW came online in Halifax County, Virginia and New Castle County, Delaware, which was ENGIE’s first grid scale project in that state.

“Maintaining momentum with our projects and meeting the expectations of our customers to help them deliver on their own Net Zero journey was and remains our key focus. Our proven ability to deliver consistently in a dynamic environment will be a critical differentiator over the next few years,” said Dave Carroll, Chief Renewables Officer of ENGIE North America. “Last year was a volatile one for the renewables industry, including sector-wide supply chain challenges, a rapidly evolving incentives landscape, inflation and all coupled with an accelerating commitment to a Net Zero future made for a lively twelve months, but one where our breadth and depth of the ENGIE team came through.”

Earlier in 2022, Procter and Gamble (P&G) announced a Power Purchase Agreement (PPA) with ENGIE for production from Sun Valley.

Jack McAneny, P&G Vice President Global Sustainability said at the time:

“Partnering on new renewable power projects brings long-term, zero emissions renewable electricity on-line and is an important strategy to help us achieve our goal of purchasing 100% renewable electricity. We are excited to work with ENGIE on projects like Sun Valley that progress our strategy and provide benefits to the local community.”

Last year also saw three customers announce PPA’s for Limestone – LyondellBasell, Stanley Black and Decker and Whirlpool Corporation.

LyondellBasell commented:

“LyondellBasell announced four power purchase agreements (PPA) during 2022 totaling 381 megawatts of renewable energy and the Limestone Wind Project was the first PPA in our portfolio. We are excited to see it beginning operations as this marks an important milestone for us in achieving our sustainability goals,” said Aaron Ledet, Senior Vice President, Olefins and Polyolefins Americas of LyondellBasell. “Renewable Electricity is a vital component of how we aim to deliver our greenhouse gas emissions reduction target, which is a 42% absolute reduction in scope 1 and 2 emissions by 2030, relative to a 2020 baseline.”

Stanley Black and Decker commented previously:

“Creating a more sustainable world and achieving carbon neutrality by 2030 requires a transition to renewable energy,” said Deb Geyer, Corporate Responsibility Officer for Stanley Black & Decker. “This project, operational by the end of 2022, will continue to support Stanley Black & Decker’s strategy to source 100 percent of its United States and Canada electricity needs from renewable power.”

Whirlpool Corporation commented:

“This latest wind project is an important part of our ongoing sustainability initiatives, adding additional clean, renewable energy to the electrical grid while helping to reduce the company’s carbon footprint,” said Whirlpool Corp. Sr. Director of Sustainability Beat Stocker. “Now that Limestone Wind is becoming fully operational, we have achieved an important step in matching 100% of our U.S. plant electricity emissions, taking us closer to our Net Zero by 2030 goal for our operations.”

ENGIE has established a large and growing pipeline of wind, solar and storage projects across the U.S. and Canada, including two acquisitions last year that added some 50 early, mid and late-stage development projects to the portfolio.

“Globally ENGIE aims to add an average 4 GW of renewable capacity each year through 2025 and North America is poised to be a material contributor to that aspiration. We plan to almost double production capacity by 2025 across the U.S. and Canada,” said Carroll. “We are already in construction for many of our 2023 projects, including storage, which will become an increasing element of our portfolio.”

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About ENGIE

ENGIE is a global leader in low-carbon energy and services. With its 96,000 employees, its 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. Inspired by its purpose (“raison d’être”), ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its customers. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges. In North America, ENGIE has delivered integrated, innovative energy solutions to public and private organizations for nearly half a century. We employ approximately 3,000 people focused on enabling our customers to become more sustainable and achieve their decarbonization targets through expert project delivery and competitive solutions. For more information on ENGIE in North America, please visit our LinkedIn page or Twitter feed, https://www.engie-na.com/ and https://www.engie.com.

 

Media Contacts:

 

ENGIE North America

Michael Clingan, External Relations

Michael.clingan@external.engie.com

832-745-6057

ENGIE North America (ENGIE) and Basin Electric Power Cooperative (Basin Electric) announced they have entered into a 25-year, 200 megawatt (MW) Power Purchase Agreement (PPA) from ENGIE’s North Bend Wind project located in Hughes and Hyde counties in South Dakota.

The output from North Bend, which is expected to become operational in late 2023, will provide an addition to Basin Electric’s renewable energy mix, adding to its diverse energy portfolio, which provides affordable generation to support the needs of their 131 member cooperatives across nine states.

According to ENGIE, the renewable electricity generated by North Bend will be enough to help meet the monthly electricity needs of some 73,000 average U.S. households and reduces carbon emissions by up to 620,000 tonnes of CO2e per year.

“We are excited to add North Bend Wind to our total generating portfolio of over 7,000 megawatts which blends together affordable and reliable generation to meet the needs of our member co-ops over the coming decades” said Todd Telesz, Basin Electric chief executive officer and general manager. “Furthermore, it demonstrates our commitment to utilizing resources that fit our all-of-the-above energy strategy.”

ENGIE will develop, build and operate North Bend Wind consisting of 71 wind turbines on some 47,000 acres of land just outside Harold, SD, which is located in the cooperative’s service area. During construction ENGIE estimates over 250 jobs are expected to be created, with 8 – 10 longer term operational roles anticipated to be locally based.

ENGIE currently operates or is building almost 5 GW of wind, solar and battery storage projects across the U.S. and Canada and added 12 GW of wind, solar and storage to its pipeline in 2022.

“We are proud to have been selected by Basin Electric to help meet their needs for more renewable power in their overall generation mix and supporting them in delivering low-cost and reliable power to their members” said Dave Carroll, Chief Renewables Officer, ENGIE North America.  “The fact that we are able to provide completely locally produced power from South Dakota to supply members across Basin Electric’s service territory, underpins our focus on being part of the community for at least the next quarter century. Maybe it’s not quite ‘farm to table’, but Basin Electric’s members continue to buy local.”

 

About Basin Electric Power Cooperative

Basin Electric is a consumer-owned, regional cooperative headquartered in Bismarck, North Dakota. It generates and transmits electricity to 131 member rural electric systems in nine states: Colorado, Iowa, Minnesota, Montana, Nebraska, New Mexico, North Dakota, South Dakota, and Wyoming. These member systems distribute electricity to about 3 million consumer-owners.

 

About ENGIE North America

Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a global leader in low-carbon energy and services. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges. Together with our 101,500 employees around the globe, our customers, partners and stakeholders, we are committed to accelerate the transition toward a carbon-neutral world, through reduced energy consumption and more environmentally friendly solutions. Inspired by our purpose (“raison d’être”), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers.  In North America, ENGIE helps our clients achieve their energy efficiency, reliability, and ultimately, their sustainability goals, as we work together to shape a sustainable future. We accomplish this through: energy efficiency projects, providing energy supply (including renewables and natural gas), and the development, construction and operation of renewable energy assets (wind, solar, storage and more).  For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, https://www.engie-na.com/ and https://www.engie.com.

 

Contacts:

 

ENGIE North America

Michael Clingan, Press Relations

Michael.clingan@external.engie.com

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:

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

Email: engiepress@engie.com

ENGIEpress

Investor relations contact:

Tel. : +33 (0)1 44 22 66 29

Email: ir@engie.com

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:

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

Email: engiepress@engie.com

Twitter: ENGIEpress

 

Investor relations contact:

Tel.: +33 (0)1 44 22 66 29

Email: ir@engie.com

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

Twitter:     ENGIEpress

 

Investors relations contact:

Tel.: +33 (0)1 44 22 66 29

Email: ir@engie.com