ENGIE starts operations of Kathu, a 100 MW Concentrated Solar Plant and one of South Africa’s largest renewable energy projects

ENGIE is pleased to announce that commercial operation was achieved on 30 January 2019 for the 100 MW Kathu Solar Park in South Africa. This state of the art plant is a greenfield Concentrated Solar Power (CSP) project with parabolic trough technology and equipped with a molten salt storage system that allows for 4.5 hours of thermal energy storage to provide reliable electricity in the absence of solar radiation and during peak demand. The Kathu site covers approximately 4.5 km², with 384,000 mirrors. Kathu is the first CSP development for ENGIE.

Kathu Solar Park signed a 20-year Power Purchase Agreement (PPA) pursuant to the REIPPP procurement programme with the off-taker/buyer.

Isabelle Kocher, CEO of ENGIE : “The completion of Kathu shows our continued commitment to an economic and environmentally friendly development in South Africa. Kathu with its molten salt storage design offers a clean solution to overcome the intermittency of renewable energies. We are proud to contribute to the country’s renewable energy goals, and look forward to continuing the projects initiated with local communities making Kathu a genuine driver of regional economic development.”

Kathu will provide clean and reliable energy to 179 000 homes in the local community of the John Taolo Gaetsewe District Municipality, the Northern Cape and South Africa as a whole. In addition to this, it is estimated that the Kathu Solar Park will save six million tons of CO2 over 20 years, and will foster further local economic development through several projects, such as the trust for the benefit of the communities situated in the Northern Cape and sourcing of services from local entrepreneurs.

The KSP shareholders, which are led by ENGIE (48.5%), include a group of South African investors comprising SIOC Community Development Trust, Investec Bank, Lereko Metier Sustainable Capital Fund, and its co-investors FMO, the Dutch development bank and DEG, the German investment and development company, and the Public Investment Corporation. The main contractor (EPC) is Liciastar– a Spanish consortium of SENER and Acciona in addition to the Kelebogile Trust.

In South Africa, ENGIE has interests in a wind farm (94 MW Aurora), 2 solar photovoltaic parks (21 MW) and 2 thermal power peaking plants (670 MW Avon and 335 MW Dedisa). ENGIE also owns Thermaire Investments (Pty) Ltd. and Ampair (Pty) Ltd., leaders in the HVAC installation and maintenance segment in the South African market

ENGIE First Ambassador of France’s Pavilion at the 2020 Dubai Universal Exposition

From 20th October 2020 to 10th April 2021, the 2020 Dubai Universal Exposition (UAE) will be themed “Connecting Minds, Creating the Future”, based around three interwoven topics: mobility, sustainability, opportunity.

A leader in the energy revolution and flagship of French industrial excellence, ENGIE will be the first ambassador of France’s Pavilion, showcasing its solutions for transforming energy use and its work towards more sustainable mobility.

Smart Cities and Sustainable Mobility

A major international player in energy and mobility, ENGIE will be the first Ambassador of France’s Pavilion at the 2020 Dubai Universal Exposition. Throughout the 24 weeks of the Exposition, the Group will present its many technological innovations in favour of sustainable cities and connected territories. With digital as a driver, these solutions are revolutionising energy use, and working towards cleaner, connected, autonomous and shared mobility.

With over 25 million visitors expected and 180 countries represented, 2020 Dubai will offer France a unique arena to showcase its vision of ecological and inclusive transition.

Isabelle Kocher, ENGIE’s CEO, declared: ”At a time when cities and territories are increasingly turning to zero-carbon, ENGIE, a leading energy transition Group, is placing its know-how at the service of this transformation. Thanks to our expertise in the production of low-carbon energy and sustainable mobility, we are offering citizens a better quality of life and helping them to reduce their carbon footprint. We are proud to be associated with France’s Pavilion to highlight French industrial excellence and know-how in favour of more harmonious progress.”

ENGIE is a pioneering partner of the region for the development of the private water & power market. ENGIE, through its various affiliates, has been present in the GCC since 30 years. In 2003, it established its regional HQ in Dubai, from which today it oversees a geographical scope that spans the Middle East, South & Central Asia and Turkey.

Partnership of Excellence

France’s Pavilion will relay our country’s public policy in terms of support for innovation and sustainable development. It will promote the technological innovations of private and public partners in the France’s Pavilion, by showcasing them in an educational and collaborative way. In this way, it will boost France’s industrial and touristic appeal.

For Erik Linquier, President of COFREX (Compagnie Française des Expositions) and General Commissioner of France’s Pavilion: “It is with great pride that we welcome an exemplary international group like ENGIE as our first Ambassador of France’s Pavilion. With its expertise and drive in innovation, we are setting out on a partnership of excellence that will promote French know-how along the line of the One Planet Summit.”

ENGIE joins the employee shareholding index, Euronext FAS IAS

ENGIE has joined the Euronext FAS IAS index, which gathers the most advanced listed companies for employee shareholding. Companies included in this index meet the following conditions: at least 3% of the capital is owned by employees, a minimum of 15% of the overall workforce should own shares in the company and a minimum of 25% of the workforce in France should own shares in the company.

Since the Group’s most recent employee shareholding offer (Link 2018), finalised on 2 August, 4% of ENGIE’s capital and 4.7% of voting rights are held by its employees, either directly or indirectly through company mutual funds.

The Group’s aim is to make it easier for as many of its employees as possible to access its capital, regardless of their profile; hence, under Link 2018, the introduction in France of a 10-year option, wherein employee contributions up to a maximum of €100 are matched with an additional 300% contribution from the Group, giving a minimum return of 2% per annum. Over 30,000 employees have chosen this option.

Isabelle Kocher, ENGIE CEO said: “Our ambition is to strengthen the employee shareholding so that it represents a significant proportion of our capital and voting rights. We believe it is a great lever for connecting employees with the company’s vision and enabling them to share in the value they create”.

About ENGIE

We are a global energy and services group, focused on three core activities: low-carbon power generation, mainly based on natural gas and renewable energy, global networks and customer solutions. Driven by our ambition to contribute to a harmonious progress, we take up major global challenges such as the fight against global warming, access to energy to all, or mobility, and offer our residential customers, businesses and communities energy production solutions and services that reconcile individual and collective interests. Our integrated – low-carbon, high-performing and sustainable – offers are based on digital technologies. Beyond energy, they facilitate the development of new uses and promote new ways of living and working. Our ambition is conveyed by each of our 150,000 employees in 70 countries. Together with our customers and partners, they form a community of imaginative builders who invent and build today solutions for tomorrow.
2017 turnover: 65 billion Euros. Listed in Paris and Brussels (ENGI), the Group is represented in the main financial (CAC 40, BEL 20, Euro STOXX 50, STOXX Europe 600, MSCI Europe, Euronext 100, FTSE Eurotop 100, Euro STOXX Utilities, STOXX Europe 600 Utilities) and extra-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris – World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance). To learn more: www.engie.com

ENGIE scores CDP’s A list for climate change

For the third year in a row, ENGIE has been highlighted as a global leader on Corporate Climate action by environmental impact non-profit organization, Carbon Disclosure Project (CDP), achieving a score of ‘A’, the highest in the CDP Climate Change Assessment.

ENGIE has been recognized for its actions in the last reporting year to cut emissions, mitigate climate risks and contribute to the development of a low-carbon economy, based on its 2018 disclosure to CDP. At the end of 2017, ENGIE reduced its direct CO2 emissions by 26% compared to 2016 and reduced its ratio of emissions from energy production by 18% compared to 2012, bringing the Group significantly closer to its reduction target of – 20% in 2020.

On this occasion, ENGIE CEO Isabelle Kocher declared: “CDP’s recognition of ENGIE’s actions in favor of corporate climate actions for the 3rd time in a row, rewards the Group’s transformation plan launched in 2016. ENGIE successfully pursued its strategic repositioning to lead the energy transition and we firmly believe that it will be achieved through harmonious development towards a world that is increasingly decarbonized, decentralized and digitalized.

The full list of companies that made this year’s CDP climate change A list are available here: https://www.cdp.net/en/scores

CDP assesses companies on the comprehensiveness of their disclosure, their awareness and management of environmental risks and their demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets.

About ENGIE

We are a global energy and services group, focused on three core activities: low-carbon power generation, mainly based on natural gas and renewable energy, global networks and customer solutions. Driven by our ambition to contribute to a harmonious progress, we take up major global challenges such as the fight against global warming, access to energy to all, or mobility, and offer our residential customers, businesses and communities energy production solutions and services that reconcile individual and collective interests.
Our integrated – low-carbon, high-performing and sustainable – offers are based on digital technologies. Beyond energy, they facilitate the development of new uses and promote new ways of living and working. Our ambition is conveyed by each of our 150,000 employees in 70 countries. Together with our customers and partners, they form a community of imaginative builders who invent and build today solutions for tomorrow.
2017 turnover: 65 billion Euros. Listed in Paris and Brussels (ENGI), the Group is represented in the main financial (CAC 40, BEL 20, Euro STOXX 50, STOXX Europe 600, MSCI Europe, Euronext 100, FTSE Eurotop 100, Euro STOXX Utilities, STOXX Europe 600 Utilities) and extra-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris – World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance). To learn more: www.engie.com

FEIH, co-owned by ENGIE and Crédit Agricole Assurances, reaches 1.5 GW of solar and wind capacity

Five years after it was incorporated, FEIH (Futures Energies Investissements Holding), co-owned by ENGIE (50%) and Crédit Agricole Assurances (50%), has tripled its initial portfolio, today reaching 1.5 GW of solar and wind capacity.

Established in 2013 with an initial acquisition of 440 MW of wind farms, FEIH has continued to invest in wind and solar power generation in France through a solid partnership that has enabled it to build a portfolio reaching 1.5 GW. All the farms are operated by ENGIE Green, ENGIE’s dedicated renewable energy entity in France.

“The relationship of mutual trust between our teams and those of Crédit Agricole Assurances combined with our complementary areas of expertise have enabled ENGIE to increase its capacity for growth tenfold and to strengthen its leading position in solar and wind power,” said Gwenaelle Huet, CEO of ENGIE’s France Renewables entity.

Crédit Agricole Assurances, France’s leading insurance company, is continuing its long-term institutional investment strategy, which is illustrated through the financing of major projects contributing to the energy transition. “The new investments made at the end of 2018 alongside our partner ENGIE have helped Crédit Agricole Assurances to strengthen its presence in energy transition infrastructure, a sector in which it is France’s largest investor,” stated Jean-Jacques Duchamp, Deputy Managing Director of Crédit Agricole Assurances.

Serge Savasta, Managing Partner of Omnes: “We are delighted to continue to support Crédit Agricole Assurances in managing this unique partnership with ENGIE, the leader in renewable energy in France. The acquisitions at the end of 2018, and particularly solar photovoltaic assets, have diversified the portfolio further and are helping to accelerate the platform’s growth.”

About ENGIE

We are a global energy and services group, focused on three core activities: low-carbon power generation, mainly based on natural gas and renewable energy, global networks and customer solutions. Driven by our ambition to contribute to a harmonious progress, we take up major global challenges such as the fight against global warming, access to energy to all, or mobility, and offer our residential customers, businesses and communities energy production solutions and services that reconcile individual and collective interests.
Our integrated – low-carbon, high-performing and sustainable – offers are based on digital technologies. Beyond energy, they facilitate the development of new uses and promote new ways of living and working. Our ambition is conveyed by each of our 150,000 employees in 70 countries. Together with our customers and partners, they form a community of imaginative builders who invent and build today solutions for tomorrow.
2017 turnover: 65 billion Euros. Listed in Paris and Brussels (ENGI), the Group is represented in the main financial (CAC 40, BEL 20, Euro STOXX 50, STOXX Europe 600, MSCI Europe, Euronext 100, FTSE Eurotop 100, Euro STOXX Utilities, STOXX Europe 600 Utilities) and extra-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris – World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance). To learn more: www.engie.com

About Crédit Agricole Assurances

Crédit Agricole Assurances, France’s leading insurance company, combines the insurance subsidiaries of Crédit Agricole. The Group offers a range of savings, pension, health, provident and property insurance products and services. They are distributed by Crédit Agricole banks in France and in nine countries around the world by asset management consultants and general agents. Crédit Agricole Assurances’ clients include private individuals, professionals, farmers and businesses. Crédit Agricole Assurance has 4,400 employees. Its turnover at the end of 2017 totalled €30.4 billion (IFRS standards).
www.ca-assurances.com

  • Press contacts:
    Françoise Bololanik + 33 (0)1 57 72 46 83 / 06 25 13 73 98
    Géraldine Duprey + 33 (0)1 57 72 58 80 / 07 71 44 35 26
    service.presse@ca-assurances.fr

About Omnes

Omnes is a leading Paris-based European investor in private equity and infrastructure. With €3.6 billion of assets under management, Omnes provides SMEs with the capital needed to finance growth. The firm has dedicated investment teams across three key areas: Venture Capital, Buyout & Growth Capital and Infrastructure. Omnes is a pioneer in the energy transition, having raised Capenergie, its first fund dedicated to renewably energy, in 2006. Since then, its infrastructure team has made over 40 investments in renewable energy projects and companies across Europe, deploying €900 million. In 2016, Omnes widened its energy transition product offer by launching Construction Energie Plus, the first French fund entirely focused on the construction of high-environmental-performance buildings. Omnes is owned by its employees. Omnes is committed to ESG issues and has set up the Omnes Foundation in aid of children’s charities. It is also a signatory to the United Nations Principles for Responsible Investment (PRI).
www.omnescapital.com

ENGIE launches the “Energy Purchasing Power” plan to improve French citizens’ purchasing power

Convinced of the major role to be played by energy efficiency in a competitive energy transition, ENGIE is today launching the “Energy Purchasing Power” plan in France. A new, simple and attractive scheme, this will enable French households to replace their old heating equipment with modern, more efficient types that consume less energy and provide improved comfort. One of the offers available enables the lowest-income households1 to receive new gas boilers from €1.002.

This plan is part of the Coup de pouce chauffage (“Heating boost”) operation implemented in January 2019 by the Ministère de la Transition écologique et solidaire (the French Ministry for the Ecological and Inclusive Transition) and the Habiter Mieux Agilité (Live Better Agility) aid from the Agence Nationale de l’Habitat (or ANAH – the French National Housing Agency).

The different offers under the “Energy Purchasing Power” plan

From today, the ENGIE Group – via its subsidiary ENGIE Home Services which operates throughout the country – is offering French households the opportunity to replace their old gas boilers3 with very high energy efficiency4 gas boilers that deliver energy savings of up to 20%5. The cost of the offer depends on the household’s financial resources.

The lowest-income households1 can receive new boilers from €1.00 including VAT and installation2. Low-income households can take advantage of this offer at a cost from €299.00 including VAT and installation2. In both cases, the price corresponds to the excess to be paid by the household after deduction of ANAH’s Habiter Mieux Agilité aid and the Coup de pouce chauffage subsidy3.

ENGIE Home Services will manage the cash advance necessary so that these households have nothing to pay apart from the excess.

For all other households, ENGIE Home Services offers for example a package from €49.00 incl. VAT per month for 60 months6, that includes the purchase of the equipment installed with a 0%-interest loan and subscription to a maintenance contract. This amount includes the Coup de pouce chauffage subsidy.

In all cases, ENGIE Home Services will support the households in the administrative processes to obtain the aids.

The “Coup de pouce chauffage” subsidy is financed entirely via Energy Savings Certificates (ESC), and has no impact on the State budget. This scheme, in place since 2006, encourages French citizens to undertake energy efficiency work with the financial support of energy suppliers, who in turn therefore meet the obligations set by the Government.

An easy-to-access scheme for all French citizens

ENGIE’s “Energy Purchasing Power” plan confirms the Group’s undertaking to provide its customers with solutions enabling them to take action for the energy transition – according to their means.

ENGIE will provide tools to organisations working locally among households experiencing energy poverty to make them aware of these offers and explain the “Energy Purchasing Power” plan.

In order to verify their eligibility, interested households may contact7 ENGIE Home Services on 0800 100 035 or visit the ENGIE Home Services agency nearest their home. There are 200 agencies and 3,300 technicians spread across France. For more information, see www.engie-homeservices.fr.

Extension of the scheme to other heating equipment planned in 2019

Other solutions will be offered under this plan during 2019, such as reduced-interest loans for the installation of heat pumps or high-performance radiators or the replacement of inefficient equipment such as old electric convection heaters or oil-fired boilers.

Legal notices

1 Very low- and low-income households: subject to the income of the household, according to the definition of the “Coup de pouce chauffage”, which can be viewed by clicking here:

  • Example of income ceiling for a very low-income household in Île de France: 2 people = €29,171, 4 people = €40,905
  • Example of income ceiling for a low-income household in Île de France: 2 people = €35,510, 4 people = €49,799

2 In the case of installation by ENGIE Home Services of a Saunier Duval Themafast Condens F25 GN boiler or a Chaffoteaux MIRA C GREEN 25 FR boiler, excluding additional work - Subject to eligibility of the household and the work for the ANAH “Habiter Mieux Agilité” aid and the “Coup de pouce chauffage” subsidy..
3 Excluding condensing boilers.
4 Very high energy efficiency boiler: with seasonal energy efficiency of over 92%, delivering an average of 20% energy savings (source: Ademe).
5 Source Ademe – Article on “Les chaudières performantes” (high efficiency boilers), which can be viewed by clicking here.
6 Subject to acceptance of the finance application. E.g. if a customer takes out a loan of €2,200 to cover the installation of the equipment in question, with a standard monthly payment over 60 months at a fixed interest rate of 0% (fixed borrowing rate 0%), they will repay (excluding optional insurance) 60 monthly instalments of €37.00, interest €0, total sum due €2,200 for €2,200, plus €12 per month for the maintenance contract. A loan is a binding commitment and must be repaid. Customers must always check their ability to pay before committing themselves.
7 Service free, call rates apply, Monday to Friday, 9.00 am to 6.00 pm

About ENGIE

We are a global energy and services group, focused on three core activities: low-carbon power generation, mainly based on natural gas and renewable energy, global networks and customer solutions. Driven by our ambition to contribute to a harmonious progress, we take up major global challenges such as the fight against global warming, access to energy to all, or mobility, and offer our residential customers, businesses and communities energy production solutions and services that reconcile individual and collective interests.
Our integrated – low-carbon, high-performing and sustainable – offers are based on digital technologies. Beyond energy, they facilitate the development of new uses and promote new ways of living and working. Our ambition is conveyed by each of our 150,000 employees in 70 countries. Together with our customers and partners, they form a community of imaginative builders who invent and build today solutions for tomorrow.
2017 turnover: 65 billion Euros. Listed in Paris and Brussels (ENGI), the Group is represented in the main financial (CAC 40, BEL 20, Euro STOXX 50, STOXX Europe 600, MSCI Europe, Euronext 100, FTSE Eurotop 100, Euro STOXX Utilities, STOXX Europe 600 Utilities) and extra-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris – World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance). To learn more: www.engie.com

ENGIE issues a new Green hybrid bond for an amount of €1 billion

On January 17, ENGIE issued its first corporate hybrid green bond of 2019, for an amount of €1 billion. The perpetual subordinated bond bears a coupon of 3.25% and its first non-call period is 6 years and 1 month.

ENGIE also launched a tender offer on its outstanding PerpNC2019 hybrid bonds issued in 2014.

The quality of ENGIE’s credit, combined with the hybrid and green features of this new issue, has led to a large oversubscription from investors (6.5X). Investors include the European Investment Bank (with the support the Investment Plan for Europe, also known as the Juncker Plan) for the first time in the French market.

The new issue will replace the PerpNC2019 bonds purchased under the tender offer, thereby leaving unchanged the total equity content granted by rating agencies through this instrument.

With a total of €7.25 billion of green bonds issued since 2014, ENGIE strengthens its position amongst the biggest issuers of corporate green bonds. As a leader in the energy transition, ENGIE has made it a priority to support the development of sustainable finance, notably the green bond market.

About ENGIE

We are a global energy and services group, focused on three core activities: low-carbon power generation, mainly based on natural gas and renewable energy, global networks and customer solutions. Driven by our ambition to contribute to a harmonious progress, we take up major global challenges such as the fight against global warming, access to energy to all, or mobility, and offer our residential customers, businesses and communities energy production solutions and services that reconcile individual and collective interests. Our integrated – low-carbon, high-performing and sustainable – offers are based on digital technologies. Beyond energy, they facilitate the development of new uses and promote new ways of living and working. Our ambition is conveyed by each of our 150,000 employees in 70 countries. Together with our customers and partners, they form a community of imaginative builders who invent and build today solutions for tomorrow.
2017 turnover: 65 billion Euros. Listed in Paris and Brussels (ENGI), the Group is represented in the main financial (CAC 40, BEL 20, Euro STOXX 50, STOXX Europe 600, MSCI Europe, Euronext 100, FTSE Eurotop 100, Euro STOXX Utilities, STOXX Europe 600 Utilities) and extra-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris – World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance). To learn more: www.engie.com

ENGIE, via its corporate impact fund ENGIE Rassembleurs d’Energies, further promotes clean cooking and last mile energy distribution solutions

During the last quarter 2018, ENGIE’s Rassembleurs d’Energies fund invested in 2 companies specialized respectively in clean cooking worldwide and in last mile distribution of solar appliances in rural India.

In November 2018, the fund acquired a minority stake in Envirofit, an industry-leading social enterprise that develops innovative products and services increasing access to clean energy for families living in emerging regions around the globe.

Over the past decade, Envirofit has designed and delivered clean cooking solutions for households in Africa, Asia and Latin America helping them transition to cleaner cooking devices which considerably limit environmental and health impact.

In 2017, Envirofit launched SmartGas, a new service that is revolutionizing access to liquid petroleum gas (LPG). SmartGas is a leading and commercially-available SmartMeter technology provided to families allowing them to pay-as-they-cook using mobile money, simplifying and speeding up cooking while considerably reducing health hazards associated with unclean cooking solutions. ENGIE Rassembleurs d’Energies’s investment will support the scale-up of these new technologies in Kenya and in India to deploy clean state-of-the-art cooking solutions to remote populations.

In December 2018, Rassembleurs d’Energies lead an investment round in Frontier Markets, a last-mile distribution company aiming to improve the quality of life of rural customers in India. Frontier Markets provides high-quality and solar energy solutions via an extensive network of rural female entrepreneurs. This distribution company relies on an integrated model with rural households co-creating products tailored to their specific needs.

Anne Chassagnette, CEO of Rassembleurs d’Energies and Engie Chief Sustainable Officer stated: “These investments are fully aligned with the mission of ENGIE Rassembleurs d’Energies to promote access to sustainable energy for all. Frontier Markets and Envirofit illustrate how the Energy access paradox can be tackled with local enterprises while promoting the empowerment of women.”

About ENGIE Rassembleurs d’Énergies

ENGIE Rassembleurs d’Énergies is ENGIE’s social impact investment fund that invests in projects to provide access to sustainable energy for impoverished populations. The mission of the fund is to invest in economically-viable social projects sponsored by local social entrepreneurs. The fund manages an active portfolio of 17 companies active on 4 continents.

About Frontier Markets :

To date FM has directly generated the following impact :

  • 500,000 households access clean energy solutions
  • 3.1 Million lives impacted
  • 5000 solar entrepreneurs (2500 Women) with a 200% increase of Income
  • 750,000 carbon tons saved

https://frontiermkts.com/

https://youtu.be/wcejLWw8UvQ

 Envirofit technology

About Envirofit technology:

SmartGas enables families to Pay-As-You-Cook for gas using mobile money. Through Envirofit’s SmartGas business model, marketing agents enroll customers in the SmartGas service. Envirofit service technicians then safely install a gas cylinder with a SmartMeter in their home. During installation, customers are educated on LPG safety and how to use and top-up their SmartMeter. Customers are then able to use mobile money to pay for gas in daily amounts. The SmartMeter dispenses fuel and turns off when credit is spent. When the cylinder is low, Envirofit is notified and a customer care agent schedules the next cylinder delivery.
Envirofit is the first household energy company to offer a pay-as-you-cook™ business model. Envirofit has invested years in consumer research to develop the SmartGas technology before launching commercially in 2018. While metering technology has been used in the solar lighting industry to enable PAYG-lighting, Envirofit is the first to develop and commercialize this technology for cooking.

https://envirofit.org/

https://www.youtube.com/watch?v=jTexbML3SOs

https://www.youtube.com/watch?v=oHjCz04BW28&t=6s

About ENGIE

We are a global energy and services group, focused on three core activities: low-carbon power generation, mainly based on natural gas and renewable energy, global networks and customer solutions. Driven by our ambition to contribute to a harmonious progress, we take up major global challenges such as the fight against global warming, access to energy to all, or mobility, and offer our residential customers, businesses and communities energy production solutions and services that reconcile individual and collective interests. Our integrated – low-carbon, high-performing and sustainable – offers are based on digital technologies. Beyond energy, they facilitate the development of new uses and promote new ways of living and working. Our ambition is conveyed by each of our 150,000 employees in 70 countries. Together with our customers and partners, they form a community of imaginative builders who invent and build today solutions for tomorrow.
2017 turnover: 65 billion Euros. Listed in Paris and Brussels (ENGI), the Group is represented in the main financial (CAC 40, BEL 20, Euro STOXX 50, STOXX Europe 600, MSCI Europe, Euronext 100, FTSE Eurotop 100, Euro STOXX Utilities, STOXX Europe 600 Utilities) and extra-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris – World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance). To learn more: www.engie.com

With the acquisition of SUEZ’s nuclear maintenance activity, ENGIE, via its subsidiary ENDEL, completes its range of services for the nuclear and industry sectors

ENDEL announces the acquisition of SUEZ’s nuclear maintenance activity (formerly SRA SAVAC), which is changing its name to ENDEL SRA.

This strategic acquisition will supplement ENDEL’s specialized and high added-value services for complex environments such as the nuclear sector. It will also enable ENDEL to further extend its territorial presence in France and open up new prospects internationally.

A well-established business in the nuclear sector

Specializing in services for nuclear power plant operators, SUEZ’s nuclear activity has been providing a complete portfolio of services for primary and secondary circuits of nuclear power plants for the past 35 years. These services include jetting and inspecting steam generators, conducting televisual inspections and extractions of foreign matters, facility cleaning and decontaminating pressurisers. Based in Vaulx-en-Velin (Rhône-Alpes), SUEZ’s nuclear activity employs 180 people and reached a turnover of €28 million in 2017, €4 million of which were generated abroad.

With its training center based in Vaulx-en-Velin, SUEZ’s nuclear maintenance activity demonstrates the significant importance it attaches to the training of its employees who operate in highly-demanding environments in terms of safety and quality.

ENDEL SRA, integrated services to develop ENDEL on an international level

The services the new ENDEL SRA subsidiary has developed and delivered are particularly well known in the nuclear ecosystem and will provide power plant operators with high added-value benefits.

By acquiring SUEZ’s nuclear activity, ENDEL will be able to supplement the range of high added-value services that it provides for major components in power plants (tanks, steam generators, pressurisers, etc.), and extend its regional coverage while opening up new prospects internationally. The complementary nature of ENDEL’s activities and those of its new subsidiary ENDEL SRA will help bolster its capabilities for conducting non-destructive inspections, dismantling operations, operations in the shipbuilding sector, etc. This sale is in line with SUEZ’s desire to focus its activities on waste recycling and recovery in France by favoring the circular economy.

“We are delighted that SUEZ’s nuclear activity is joining ENDEL with which we have worked for more than 20 years. In addition to the French nuclear park, we have previously worked successfully with ENGIE subsidiaries such as TECNUBEL, that will continue to contribute to our national and international development by consolidating our strong synergies”, said Jean-Paul Mandier, Director of ENDEL SRA.

“This acquisition is a real opportunity for both our companies. With this new subsidiary, the complementary nature of our expertise will provide our clients with an even more complete range of maintenance services for the nuclear and industrial sectors”, said Émeric Burin des Roziers, Managing Director of ENDEL.

ENGIE is an actor in the nuclear services sector. The Group has been a pioneer in the nuclear field for over 55 years and aims to pursue its leading role in the field of services for the nuclear industry. ENGIE is one of the rare European Groups endowed with high competence in engineering, equipment sourcing, construction, installation, operation and maintenance, dismantling and clean-up services adapted to the entire nuclear value chain. The Group counts 7000 employees for this activity.

About ENGIE

We are a global energy and services group, focused on three core activities: low-carbon power generation, mainly based on natural gas and renewable energy, global networks and customer solutions. Driven by our ambition to contribute to a harmonious progress, we take up major global challenges such as the fight against global warming, access to energy to all, or mobility, and offer our residential customers, businesses and communities energy production solutions and services that reconcile individual and collective interests. Our integrated – low-carbon, high-performing and sustainable – offers are based on digital technologies. Beyond energy, they facilitate the development of new uses and promote new ways of living and working. Our ambition is conveyed by each of our 150,000 employees in 70 countries. Together with our customers and partners, they form a community of imaginative builders who invent and build today solutions for tomorrow.
2017 turnover: 65 billion Euros. Listed in Paris and Brussels (ENGI), the Group is represented in the main financial (CAC 40, BEL 20, Euro STOXX 50, STOXX Europe 600, MSCI Europe, Euronext 100, FTSE Eurotop 100, Euro STOXX Utilities, STOXX Europe 600 Utilities) and extra-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris – World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance). To learn more: www.engie.com

About ENDEL ENGIE

ENDEL is a leading provider of services for the nuclear and industrial maintenance sectors, and is committed to the energy and digital transition as well as sustainable and profitable growth. ENDEL’s aim is to become the leading provider of industrial services in the most demanding environments in terms of safety and quality. ENDEL wants to be a natural and decisive partner for its clients, working with them on developing the best solutions to take up their industrial challenges. In so doing, ENDEL aims to contribute to the development of France’s industry. ENDEL is part of the ENGIE Group, which is one of the world’s leading energy companies.

About ENDEL SRA

ENDEL SRA is a maintenance company which employs 180 people and has 30 years of experience in the nuclear domain, mainly in cleaning, and inspection in hostile environments. ENDEL SRA is the world leader in jetting of steam generators with more than 4000 steam generators cleaned since the beginning. It is also the first image provider of EDF in France. Because of its responsiveness and the quality of the solutions provided, ENDEL SRA can offer its expertise to all the utilities of the world running nuclear power plants. It has already done so in many countries: Sweden, Belgium, Spain, Slovenia, Brazil, Romania, South Africa, India and Pakistan.

ENGIE and EDPR sign an alliance with Sumitomo Corporation for the development of offshore wind projects in Yeu-Noirmoutier and Dieppe-Le Tréport

As part of the alliance, Sumitomo Corporation acquires a 29.5% equity stake in the French offshore projects (Dieppe Le Tréport and Yeu Noirmoutier) and will bring to the consortium its proven and complementary offshore wind expertise in terms of development, construction and operation.

ENGIE remains the reference shareholder with a 31% stake and the leading industrial player of both parks (496 MW each), in partnership with EDPR (29,5%) and La Banque des Territoires (part of Groupe Caisse des Dépôts, 10%).

Sumitomo Corporation is a leading Japanese industrial group already strongly positioned in the wind energy sector in Japan, Europe, United-States, South-Africa and China. The company is also part of some major offshore wind projects in Belgium and in the United Kingdom, totaling an installed capacity of over 1.5 GW1.1

Sumitomo Corp is also one of ENGIE’s long-time trusted partners and co-investors in desalination and geothermal projects in the Middle-East and Indonesia.

Socio-industrial commitments remain confirmed. This new alliance underlines the attractiveness of the French offshore wind market and the implementation of a French Marine energy sector.

[1] In Belgium : Northwind (216MW in operation – 30%), Nobelwind (165MW in operation – 39%) and Northwester 2 (219MW under construction – 30%) and in Britain : Galloper (336MW in operation – 12.5%), Race Bank (573.3MW in operation- 12.5%)

About ENGIE

We are a global energy and services group, focused on three core activities: low-carbon power generation, mainly based on natural gas and renewable energy, global networks and customer solutions. Driven by our ambition to contribute to a harmonious progress, we take up major global challenges such as the fight against global warming, access to energy to all, or mobility, and offer our residential customers, businesses and communities energy production solutions and services that reconcile individual and collective interests. Our integrated – low-carbon, high-performing and sustainable – offers are based on digital technologies. Beyond energy, they facilitate the development of new uses and promote new ways of living and working. Our ambition is conveyed by each of our 150,000 employees in 70 countries. Together with our customers and partners, they form a community of imaginative builders who invent and build today solutions for tomorrow.
2017 turnover: 65 billion Euros. Listed in Paris and Brussels (ENGI), the Group is represented in the main financial (CAC 40, BEL 20, Euro STOXX 50, STOXX Europe 600, MSCI Europe, Euronext 100, FTSE Eurotop 100, Euro STOXX Utilities, STOXX Europe 600 Utilities) and extra-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris – World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance). To learn more www.engie.com

About EDP Renewables

EDP Renewables (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 13 markets (Belgium, Brazil, Canada, France, Greece, Italy, Mexico, Poland, Portugal, Romania, Spain, the UK and the US). 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 been a Dow Jones Sustainability Index for 11 consecutive years. For further information, visit www.edpr.com.

About Sumitomo Corporation

(“SC”) is a leading Fortune 500 global trading and business investment company with 108 locations in 65 countries and 22 locations in Japan. The entire SC Group consists of more than 900 companies. SC conducts commodity transactions in all industries utilizing worldwide networks, provides related customers with various financing, serves as an organizer and a coordinator for various projects, and invests in companies to promote greater growth potential. SC’s core business areas include Metal Products, Transportation and Construction Systems, Infrastructure, Media and ICT, Living Related and Real Estate, Mineral Resources, Energy, and Chemical and Electronics. SC has broad experiences in the development and operation of offshore wind projects and has stakes in three offshore wind projects in Belgium (Northwind, Nobelwind and Northwester 2) and in two projects being finalized in United-Kingdom (Galloper and Race Bank).