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Business Energy Census Highlights Rising Prices,
Volatility, and Shifting Strategies

HOUSTON – ENGIE North America (ENGIE), announced today, in collaboration with Energy Research Consulting Group (ERCG), the release of the 2025 North American Business Energy Census. This third annual report offers valuable market insights and opinions from over 100 aggregators, brokers, and consultants (ABCs), representing approximately 760,000 end-use customer locations.

“During uncertain times, our role as a retail energy supplier provides a critical link between supply and demand,” said Anne-Laure Chassanite, chief executive officer at ENGIE Resources. “Through our steadfast commitment to renewable energy and recognizing voice of customer, we navigate market volatility and help assure a sustainable and resilient future.”

Drawing insights from over 100 survey respondents, ENGIE’s Business Energy Census report highlights the evolving energy sector and the growing importance of strategic energy management for organizations of all sizes. Survey participants include a spectrum of energy management advisor roles with a diverse client base across commercial, industrial, and institutional sectors.


The 2025 Business Energy Census identifies several trends that indicate heightened volatility and uncertainty in the energy market, including:

  • Energy’s Strategic Role: A slight shift in priorities, with 10% of respondents reporting that energy had become less strategic among their end-user clients.

  • Forecast of Rising Prices and Volatility: Expectations of increased volatility in natural gas and power prices.

  • Green Premium Acceptance: A softening in demand for renewable energy with price premiums.

  • Strengthening Regulatory Support: Increasing awareness among ABCs regarding the need for more advocacy and efforts to improve regulatory frameworks.

  • Energy’s Impact on Mergers and Acquisitions: Intensification to secure reliable, affordable, and sustainable energy sources, setting the stage for strategic consolidations and investments.

  • Addressing Market Information Challenges: A slight decline in the perception of the availability of quality market information among ABCs.

Based on the 2025 Business Energy Census results, customers and partners can find observations that highlight the evolving complexities and strategic importance of energy management across diverse business sectors. The report underscores the need for agile and forward-thinking strategies to navigate increased volatility and geopolitical tensions and support the development and delivery of green energy solutions for power and gas customers.

As an affiliate of ENGIE North America, ENGIE Resources aims to deliver journey-specific insights from diverse firms across various geographical locations, revenue brackets, and business models.

Based in Boston, ERCG provides business intelligence and consulting services to energy market participants on entry strategies, investment opportunities, and market & policy dynamics. “Energy ABCs have a front row seat to the rapidly changing economic and political environment – and their impacts on end-use customers,” said Young Kim, Principal. “The annual Business Energy Census gives us a powerful tool to analyze year-over-year changes in sentiment. We are proud to partner with ENGIE Resources to keep our fingers on the pulse of the business community.”

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About ENGIE North America

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

For more information on ENGIE North America, please visit our LinkedIn page or Twitter feed, www.linkedin.com/company/engie-north-america-inc and twitter.com/ENGIENorthAm.

Media Contacts:

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

Business highlights

  • Robust activity in Renewables & BESS, with 8.5 GW under construction across more than 100 projects at the end of March 2025
  • Acquisition of two hydropower plants in Brazil (612 MW) and a portfolio of Renewable assets in the United Kingdom (157 MW)
  • Award of a new electric substation in Chile
  • Closing of the nuclear transaction in Belgium

Financial performance

  • EBIT excluding nuclear at €3.7bn, an organic increase of 2.1%, mainly driven by Infrastructures and favorable timing effect
  • Cash Flow From Operations1 at €4.0bn in Q1 2025
  • Maintaining a solid balance sheet with an economic net debt/EBITDA ratio down to 3.0x
  • Economic net debt reduced by €1.8bn
  • FY 2025 guidance confirmed with NRIgs2 expected in a range of €4.4-5.0bn

 

For more information on the Q1 Results visit our global page >> https://www.engie.com/en/news/2025-first-quarter-results

HOUSTON – ENGIE North America (ENGIE) announced it has entered into a preliminary agreement with Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher”) to enter into a power supply agreement to power a Cipher data center in Texas. Once executed, the agreement would allow Cipher to purchase up to 300 megawatts (MW) of clean energy from one of ENGIE’s wind facilities.

The new arrangement would leverage the wind project’s renewable energy generation to power the co-located data center, helping to alleviate an already congested transmission area. This helps offset basis risk and mitigate curtailment challenges especially in regions like West Texas, where wind and solar resources are abundant but often face constraints due to transmission bottlenecks and curtailment.

By pairing the data center with renewable energy, this strategic collaboration supports the use of surplus energy during periods of excess generation, while enhancing grid stability and reliability.
“ENGIE is committed to pursuing innovative solutions that maximize the value of renewable generation and improving cost effectiveness of delivering clean energy supply to our customers,” said David Carroll, Chief Renewables Officer & SVP, ENGIE North America. “We are focused on meeting the growing need for power by our customers as they expand their operations in the U.S. and renewables is an essential part of supplying this increasing demand.”
This agreement continues to reflect ENGIE’s position as one of the leading providers of power purchase agreements globally.

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

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

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

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

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

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

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

 

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About Einstein Bros.® Bagels

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

About ENGIE North America

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

Media Contact:

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

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


Business highlights

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

 

Financial performance

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


Read more >> 

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

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

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

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

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

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


*According to EPA Greenhouse Gas Equivalencies Calculator.

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

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

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

 

Media Contacts:

Norwood Medical
937-228-4101

Statistical Energy
Michael Jackson
614-301-3748

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

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

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

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

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

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

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



About ENGIE
ENGIE is a global reference in low-carbon energy and services. With its 97,000 employees, clients, partners and stakeholders, the Group strives every day to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally friendly solutions. Inspired by its purpose statement, ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its clients. Turnover in 2023: €82.6 billion. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and non-financial indices (DJSI World, Euronext Vigeo Eiris – Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).


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


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

HOUSTON, Sept. 12, 2024 (GLOBE NEWSWIRE) — ENGIE North America (ENGIE) announced that it recently closed a partnership with Ares Management Infrastructure Opportunities funds (Ares). This transaction represents the largest operating portfolio sell down for ENGIE in the U.S. and is one of the largest sales completed in the renewables sector based on total capacity. ENGIE will retain a controlling share in the portfolio and will continue to operate and manage the assets.

The overall 2.7 GW portfolio consists of 15 projects in operation across ERCOT, MISO, PJM and SPP, of which 53% is solar, 25% wind and 22% co-located battery storage capacity.

“We are delighted that ENGIE and Ares will be partners in such a large-scale renewables and co-located storage portfolio to further accelerate the energy transition towards a net zero future,” said Dave Carroll, Chief Renewables Officer, ENGIE North America. “The investment by Ares reflects ENGIE’s proven and recognized track record in developing, building, operating and financing renewable assets, both in North America and globally”.

ENGIE is a leader in the net zero energy transition and currently has more than 8 GW of renewable production in operation or construction across the U.S. and Canada. Globally, ENGIE has an aspiration to add 4 GW per year through 2025, with North America as a material contributor to that growth. This transaction supports ENGIE’s strategy in North America by simultaneously recycling capital and adding a leading infrastructure investor to ENGIE’s select pool of partners.

“We are thrilled to be partnering with ENGIE, a global leader in clean energy, on this highly contracted, attractive portfolio,” said Steve Porto, Partner in Ares’ Infrastructure Opportunities strategy. “This partnership provides diversification across proven technology and geography at scale alongside a strong operator. We look forward to continuing to provide the capital and experience needed to support the energy transition and build-out of climate infrastructure.”

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About ENGIE North America
Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a global leader in low-carbon energy and services. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges. Together with 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.

About Ares Management
Ares Management Corporation (NYSE:ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of June 30, 2024, Ares Management Corporation’s global platform had over $447 billion of assets under management, with more than 2,950 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.

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.