GLOBAL ENERGY MANAGEMENT & SALES

ENGIE and Google conclude a Corporate PPA relying on Ocean Winds’ offshore wind development

ENGIE and Google to undertake a 12-year 100 MW corporate power purchase agreement (CPPA) supporting Moray West offshore wind development.

  • Press release
  • 28/09/2022
image of the post ENGIE and Google conclude a Corporate PPA relying on Ocean Winds’ offshore wind development

ENGIE will provide Google with more than 5 TWh of green power from the Moray West project, a nearly 900 MW offshore wind farm set to begin generating power from 2025.

Moray West is part of the portfolio being developed by Ocean Winds, a 50/50 joint venture owned by EDPR Renewables and ENGIE, dedicated to offshore wind. Located in the Moray Firth, off the coast of Scotland, the project will deliver 882 MW of renewable green energy. With this deal, ENGIE, Google and Ocean Winds are supporting the UK‘s ambitious energy transition targets.

People across the UK and Europe are increasingly worried about climate change and energy security. We share that concern and believe technology is an important part of the solution – both by reducing our own emissions, and by helping others to reduce their own declares Matt BRITTIN, President of Google EMEA, adding: “This new investment in UK renewable energy brings us one step closer to reaching our goal of operating entirely on carbon-free energy by 2030, and means that, in the UK, we’ll be running on at or near 90% carbon-free energy in 2025.”

This PPA represents the realization of offshore wind as a powerful source of energy capable of meeting the high energy demands and carbon neutrality targets of countries and clients. Ocean Winds is proud to accompany Google in this journey and work hand in hand with ENGIE for this successful commercial outcome. Currently developing, building, or operating more than 6 GW of offshore wind projects in the UK, Ocean Winds participates actively in the necessary transition to clean energy”, says Grzegorz GORSKI, Ocean Winds’ Chief Operations Officer.

We are very pleased to support Google in its progress towards its carbon-free target. As a major player in PPAs, ENGIE designs innovative green corporate PPAs for off-takers from offshore wind, thanks to the strong development of Ocean Winds, as we do for our onshore renewable projects. This contract demonstrates the strength of the Group’s renewable portfolio, with 37 GW of renewable assets, a major advantage for our customers in their decarbonization strategy,” explains Paulo ALMIRANTE, ENGIE Senior EVP in charge of Renewables, Energy Management and Nuclear Activities.

Google and ENGIE have concluded several corporate green PPAs together and have partnered on a number of key milestones and innovations such as the first 24/7 Carbon Free Energy contract in Europe and a solution which uses artificial intelligence to optimise wind energy management. This new corporate PPA with Google supports both Google’s 24/7 carbon free energy ambition and ENGIE’s clean energy strategy.

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Charter Hall signs long-term renewable energy supply agreement with ENGIE

Charter Hall Group (Charter Hall or the Group) is pleased to announce it has signed a significant Power Purchase Agreement (PPA) with global renewable energy giant ENGIE Australia & New Zealand, to supply 100 percent electricity from renewable sources across the Group’s property portfolios, over seven years.

  • Press release
  • 24/08/2022
image of the post Charter Hall signs long-term renewable energy supply agreement with ENGIE

The PPA provides for the procurement of 151GWh of renewable energy per annum from statebased wind and solar renewable energy projects. This is the equivalent of powering about 26,000 average homes with renewable electricity, each year.

Charter Hall Managing Director & CEO, David Harrison, said, “At Charter Hall, we are leveraging our platform-wide scale and ENGIE’s world-leading renewable power capacity to unlock value and secure competitively priced, renewable electricity. This will deliver long-term benefits and mutual success to our partners, customers, communities and the planet.”
“Not only will this PPA reduce Charter Hall’s carbon emissions by 70 per cent when the partnership becomes active in 2024, it will also ensure we remain on-track to reach net zero carbon in operation (Scope 1 and 2), on or before 2030.”

“Further, our investment in procurement of renewable electricity will assist Australia’s transition to a low carbon economy and accelerate the industry’s growth and potential to secure new and improved renewable technologies, to benefit generations to come,” said Mr Harrison.

The PPA will provide 151GWh of wind and solar power annually to Charter Hall’s 152 sites, from ENGIE’s Willogoleche Wind Farm, Woolooga Solar Farm and other assets, soon to be announced.

ENGIE Australia & New Zealand CEO, Andrew Hyland, said, “We are delighted to partner with Charter Hall on their journey towards net zero, and bring them our proven expertise in risk and assets management, delivered through our Global Energy Management & Sales (GEMS) team. Innovative, long-term agreements such as this market-leading PPA with Charter Hall also support investment in new, renewable energy capacity, which is a priority for ENGIE.”

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SONATRACH and ENGIE sign a gas sale and purchase agreement in Algiers

The national oil & gas company SONATRACH and the French energy and services group ENGIE have reached an agreement for their contract for the purchase and sale of natural gas through Medgaz.

  • Press release
  • 24/07/2022
image of the post SONATRACH and ENGIE sign a gas sale and purchase agreement in Algiers

This contract, in place between the two groups since 2011, frames the delivery of natural gas by SONATRACH to ENGIE via the Medgaz gas pipeline. Through this agreement, the two parties have agreed to define the contractual selling price applicable over a period of three (03) years, up to 2024, to take market conditions into account.


When signing this agreement, the parties confirmed their intention to extend their partnership to LNG and gaseous gas. Thus, SONATRACH will strengthen its share in ENGIE’s supply portfolio, allowing the two groups to continue their diversification and contribute to the energy security of European customers.


Building on their historic partnership around natural gas, the two parties are also committed to working together to reduce their carbon footprint and to assess new opportunities, particularly in the development of hydrogen.

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ENGIE and Google Cloud join forces to accelerate wind energy development with advanced data management and artificial intelligence

ENGIE and Google Cloud aim to optimize wind energy management on the power markets through an Artificial Intelligence based solution.

  • Press release
  • 24/06/2022
image of the post ENGIE and Google Cloud join forces to accelerate wind energy development with advanced data management and artificial intelligence

ENGIE and Google Cloud signed a new partnership for the development of an Artificial Intelligence-based energy solution to optimize the value of  ENGIE’s wind portfolio on the short term power markets. ENGIE and Google Cloud’s AI Services and Industry Solutions (AIIS) will team up to combine both expertise in power markets and AI to develop the solution. This project will facilitate transactions for wind asset developers and create benefits for wind power producers, accelerating the energy transition. 

The key objective of the AI pilot is to predict how much wind power should be sold on which power market and at what price. This is a challenge due to the complexity of the short-term power markets and the unpredictable nature of wind production. In order to tackle this problem, vast amounts of data from various sources needs to be collected, stored and analyzed. The AI solution leverages a performant and scalable data system and advanced machine learning algorithms to extract value from the data that supports subsequent decisions. Once this project is complete, the scale of the impact could be far-reaching: there are hundreds of Gigawatts of wind farms operating around the world, all of which could benefit from improved forecasting using AI. 

At Google Cloud, we believe that more accurate data and predictions of wind power production will be valuable to electricity grids, creating benefits for consumers and making wind more competitive with fossil fuels. We are delighted to work with ENGIE on this project, which can accelerate Europe’s clean energy transition, while laying the groundwork for wind farms around the world  to benefit from improved forecasting via Artificial Intelligence,” said Larry COCHRANE, Director, Global Energy Solutions at Google Cloud. 

ENGIE’s business entity ‘Global Energy Management & Sales’ has been developing its systems in the last decade to cope with the challenges involved in managing renewables assets”, explains Alexandre COSQUER, member of the Executive Committee of ENGIE’s Business Entity ‘Global Energy Management & Sales’. “With already a double expertise in risk and data management, we were looking to intensify the renewables development, and to partner up with one of the most superior experts not only in data management but also in Machine Learning technology. Data, Digitalization and Risk Management are key enablers to bring value and accelerate the decarbonation of our power grids; in that context, a partnership with Google was obvious”. 

After having already concluded several corporate green PPAs together and the first 24/7 Carbon Free Energy contract in Europe, this new collaboration with Google Cloud is not only another step towards ENGIE’s clean energy transition strategy, but also aligned with the 24/7 Carbon Free Energy Compact initiative supported by the United Nations. 

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  • Press release
  • 25/03/2022
image of the post ENGIE and ERG sign two Power Purchase Agreements (PPAs) for new wind farms in Scotland

As ENGIE has just been ranked number 2 of clean energy developers for 2021 by BloombergNEF, the strategic analyst for the energy transition, illustrating ENGIE’s commitment to support its clients in their decarbonization path, ENGIE UK Markets Ltd, announces the signing of two ten-year PPAs with ERG, the leading independent producer of energy from renewable sources, through its subsidiaries Sandy Knowe Wind Farm Ltd and Creag Riabhach Wind Farm Ltd in UK.

This deal relies on the off-take of renewable energy produced by ERG’s wind farms currently under construction in Scotland.

The two farms – Sandy Knowe and Creag Riabhach – with a total installed capacity of 179 MW and an estimated annual production of around 530 GWh, will be gradually operational by the second half of 2022. The agreement will cover all the production of the two parks.

Vincent Verbeke, executive committee member of ENGIE’s entity “Global Energy Management & Sales”, stated: “At ENGIE, we are firmly convinced that PPAs are indispensable allies in the energy transition. In the UK, we have a strong commercial franchise and are committed to support the country’s ambitious transition to Net Zero. We are proud to partner with ERG again, in this geography, enabling the construction of new wind capacity. This renewable power will in turn provide ENGIE’s clients a reliable locally sourced and certified energy”.

Paolo Merli, CEO of ERG, commented: “Our recently presented business plan anticipates reaching a figure of 85-90% of the Group EBITDA through government auctions or PPAs as tools for the securitisation of revenues, in support of the new installed capacity that will be gradually operational. After the agreements signed during 2021 in France, Italy and Northern Ireland, for a total of 0.7 TWh, the PPA with ENGIE in Scotland is another important step forward in our business model strategy”.

Our UK platform here.

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AXA IM Alts, ENGIE and The Shared Wood Company join forces to develop nature-based solutions projects at scale

The newly incorporated French company The Shared Wood Company (SWC), which was created by experienced forestry experts, develops nature-based solutions projects primarily located in Africa, Latin America and Europe. SWC will benefit from AXA IM Alts’ impact investing and project finance capabilities and ENGIE’s expertise in carbon markets and risk management.

  • Press release
  • 25/02/2022
image of the post AXA IM Alts, ENGIE and The Shared Wood Company join forces to develop nature-based solutions projects at scale

SWC team combines strong expertise in agroforestry, forestry and carbon finance and has a significant track record in developing long-term investments in environmental assets. Building sustainable value chains with local communities, thanks to sustainable agricultural and forestry practices, while generating high quality carbon emission avoidances or carbon removals is key to maximize environmental, social and biodiversity benefits.

“Our planet is overheating. We need to pass from 51 GtCO2eq. /year global GHG emissions to Net Zero and the decarbonization of energy and heavy industry, alone, won’t suffice”, states Laurent Valiergue, co-founder of The Shared Wood Company. “Solutions based on nature are a key lever to reverse the trend and reach the Paris Agreement target (1.5°C) and tackle biodiversity and poverty reduction challenges inherent to that mandate”

To support SWC’s growth, AXA IM Alts, through its Impact Investing Strategy, and ENGIE, through its business entity “Global Energy Management & Sales”, have acquired a minority stake in the company. They will further support its development by providing financing for forestry and sustainable land-use projects and by off-taking the high-quality carbon emission avoidances or carbon removals generated by such projects and operations.

The projects to be deployed by SWC will be certified to guarantee carbon, communities and environmental benefits.

Erick Decker, AXA Group Head of Responsible Investment, comments: “Forests represent 80% of the Earth’s biodiversity and play an essential role in the fight against climate change. AXA has been a pioneer investor through AXA’s Impact Strategy since 2013, taking concrete measures to fight deforestation, protect forest ecosystems, and preserve biodiversity. We are pleased to extend our actions today by joining The Shared Wood Company to accelerate financing into biodiversity restoration and supporting local communities whose livelihoods’ depend on forest ecosystems.”

“ENGIE is a global reference in low-carbon energy and services. This investment presents a great opportunity to access high-quality nature-based carbon offsets to accelerate our clients’ transition to carbon neutrality.” explains Laurence Kunes, member of the Executive Committee of ENGIE’s business entity ‘Global Energy Management & Sales’, and adding “By channeling carbon finance to preserve and restore natural ecosystems, we aim to generate significant environmental and societal benefits”.  

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Alunorf concludes wind energy supply contract with ENGIE

Neuss/Berlin, January 2022 – In 2022, Aluminum Norf GmbH (Alunorf) will obtain wind energy from five wind farms in North Rhine-Westphalia.

  • Press release
  • 25/02/2022
image of the post Alunorf concludes wind energy supply contract with ENGIE

To this end, the Neuss-based industrial company has concluded an energy supply contract, a so-called Power Purchase Agreement (PPA), with the energy company ENGIE. Around 28 million kilowatt hours are called up depending on wind levels and the output of the systems. With this quantity, among other things, four induction furnaces for melting aluminum chips, which are mainly used for can material, can be fully operated. For the largest aluminum smelting and rolling mill in the world, the entry into wind energy is a further step in continuously reducing its carbon footprint.

“Producing aluminum as resource-efficiently as possible”

Alunorf wants to emit up to 30 percent less CO2 compared to 2015 by 2026 – and has also anchored this as a core goal in its corporate strategy. “Aluminum is an indispensable raw material for the energy and mobility transition. Light body parts and battery foils or components of wind turbines and photovoltaic systems are made from the primary material that is cast in Norf. We see it as our responsibility to produce the required aluminum as resource-efficiently as possible,” says Oliver Hommel, Commercial Director.

The decisive lever for this is recycling. Here, Alunorf has recently set important milestones with investments in an intelligent logistics and charging system (“Batch Intelligence System – BIS”) and a third recycling oven. “As an energy-intensive industrial company, we are also looking into alternatives in terms of power supply or gas as an energy source for ovens,” says Oliver Hommel.

“Preserving existing capacities for sustainable energy in the region”

Getting into the supply of wind energy now was an obvious choice for Alunorf: until recently, the wind farms in Krefeld, Viersen, Düren and Baesweiler were subsidized by the EEG (Renewable Energy Act). Since this has expired, the capacities were available. “It was important to us to rely on systems in the area in order to preserve the resources for green energy in the region,” says Oliver Hommel.

“The targeted delivery volume over a period of one year is very well suited to incorporating wind power into our existing portfolio at short notice. In 2022 we will examine how the product fits our needs and how supply fluctuations affect it. We will use this experience to develop a strategy for continuously and sustainably expanding the share of renewable energies in our electricity portfolio,” says Oliver Hommel.

“We are pleased that we can accompany Alunorf on the way to achieving their CO2 targets with a green electricity supply contract. Power Purchase Agreements are an excellent way to save CO2 from an environmental and economic point of view. As an energy-intensive and locally rooted production company, Alunorf has special needs that we, as energy managers, took into account when designing the PPA in order to find the best solution,” says Julia Schlafmann, Senior Originator at ENGIE.

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ENGIE and O-I drive green electricity transformation in Europe

O-I Glass, Inc. (“O-I”) (NYSE: OI) and ENGIE’s global entity “Global Energy Management & Sales” reached a long-term agreement for ENGIE to initially provide an aggregate 4.3 TWh of renewable electricity to O-I sites in Europe. Over a ten-year period, ENGIE will supply O-I facilities in Europe with electricity generated from solar, wind and hydro sources.

  • Press release
  • 25/02/2022
image of the post ENGIE and O-I drive green electricity transformation in Europe

This transaction is the latest deal of the growing business relationship between the two companies. ENGIE already supplies O-I with natural gas and electricity in several European countries, as well as energy efficiency services for O-I factories in France. In Mexico and Peru, O-I also sources electricity from ENGIE, while 25% of O-I’s electricity consumption in the US is supplied by ENGIE with renewable electricity.

“Thanks to a wide range of solutions for energy risk management, ENGIE is connecting the dots between the challenging sustainability goals of energy-intensive global companies like O-I on the one hand, and innovative low-carbon solutions on the other hand. Our large and diverse portfolio of carbon-neutral products was instrumental to design a tailormade solution for O-I.” says Olivier BLOEYAERT, Executive Committee member of ENGIE’s global entity “Global Energy Management & Sales”; adding: “We are proud to support our business partner O-I in their efforts for a sustainable future.

At O-I, our vision is to be the most innovative, sustainable, and chosen supplier of brand-building packaging solutions. While we believe glass packaging is already the most sustainable packaging solution, sustainability at O-I is about more than what we make”, said Randy Burns, Chief Sustainability Officer at O-I. “This long-term agreement is an important building block towards our pledge to reduce O-I’s global greenhouse gas emissions by 25% by 2030. As part of our roadmap, we are striving to increase our global renewable electricity consumption to between 30% and 35% this year. At O-I, the journey to sustainability is grounded in resilience, innovation, and the ever-present challenge to transform what we do.”

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ENGIE and BASF sign power purchase agreement for renewable energy in Europe

ENGIE and BASF have signed a 25-year Power Purchase Agreement (PPA) for renewable energy in Europe. Under the PPA, effective as of January 1, 2022, ENGIE will provide BASF with up to 20.7 terawatt hours of fossil-free electricity throughout the term of the agreement.

  • Press release
  • 25/11/2021
image of the post ENGIE and BASF sign power purchase agreement for renewable energy in Europe

Multiple European BASF sites will be supplied from ENGIE’s renewable project portfolio in Europe. The electricity will initially come from onshore wind farms located in various sites throughout the Spanish territory in which ENGIE acts as equity investor or energy manager. In the further course, ENGIE will have the option to either deliver power from existing Spanish assets or from future onshore and offshore wind farms from ENGIE’s renewable portfolio.

“BASF and ENGIE have been working together for many years. With this agreement we take a significant next step on our path to climate-neutral chemical production. One important lever is replacing fossil-based electricity with renewable electricity. This long-term contract with a key player in the European energy market secures substantial volumes of electricity from renewable sources for BASF. At the same time, it makes BASF an enabler for green energy triggering additional projects for renewable power in Europe,” said Dr. Martin Brudermüller, Chairman of the Board of Executive Directors of BASF SE.

Catherine MacGregor, CEO of ENGIE, said: “Thanks to our large, diverse and growing portfolio of renewable energy production, ENGIE is able to provide carbon-free energy and electricity to its clients, including leading multinational companies such as BASF. It demonstrates our ability to accompany them on their own path to carbon neutrality, an achievement we are very proud of. This contract will deliver steady economic and environmental value in the long run for both partners.”

BloombergNEF, the reference in terms of strategic analysis in the field of energy transition, ranks ENGIE first position at the end of July 2021 for signed corporate PPAs. At the end of September, ENGIE has already signed new Corporate Power Purchase Agreements for a total volume of 1.9 gigawatts since the beginning of the year (versus 1.5 gigawatts for the full year 2020), to provide major industrial and tech companies with renewable power

This agreement is fully aligned with ENGIE’s long-term strategy to develop renewables and BASF’s climate protection goals. BASF aims to reduce its greenhouse gas emissions by 25% by the year 2030 compared with 2018 and to achieve net-zero emissions by 2050.

From 2030 onwards, BASF wants to implement low-emission technologies, such as CO2- free methods for the production of hydrogen and electrically heated steam crackers, which will significantly increase BASF’s demand of renewable power.

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image of the post ENGIE x Movhera - First hydroelectric energy dispatching in Portugal

The optimization services, which will be managed from Madrid, include weather and market analysis, day-ahead and intraday market bidding, nomination to the TSO, real-time dispatching and ancillary services.​

This is a major step in a 2-year hydro journey during which ENGIE Global Energy Management has played a key role right from the start of the negotiations that ENGIE, Crédit Agricole Assurances and Mirova led under the Movhera brand to acquire EDP’s Portuguese hydro plants.​

From asset evaluation to optimization, ENGIE Global Energy Management demonstrates the breadth of expertise of teams that are able to power all sectors and countries. Here is an example of the solutions implemented at Movhera: ​

The growth of ENGIE Global Energy Management’s diversified renewable energy portfolio is a key element towards Net-Zero carbon for our customers; the PPA with Movhera has notably allowed to structure several downstream baseload energy contracts with Spanish customers.


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  • Press release

    ENGIE supports L’Oréal to achieve its Carbon Neutral Goal in China

    ENGIE, through its global energy management solutions in China, signed an agreement with L’Oréal China for the long-term assignment of…

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  • Press release

    Gas4Sea partners and Equinor signed an LNG bunkering agreement

    ENGIE España and ADISSEO Group strengthen their commitment to sustainable energy and sign one of the first 10-year green Power…

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  • Press release

    ENGIE signs a new long-term green PPA in Spain

    ENGIE España and ADISSEO Group strengthen their commitment to sustainable energy and sign one of the first 10-year green Power…

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  • Press release

    ENGIE to offtake the first Black Sea gas production in a landmark deal

    ENGIE has signed a 10-year offtake agreement with the Midia Gas Partners to offtake 0.5 bcm per year (approx. 5.5…

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  • Press release

    ENGIE and Ledger partner to develop the first blockchain hardware securing data at the source of energy production

    Blockchain is opening a world of new opportunities in the energy sector and one of the major challenges is to…

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  • Press release

    ENGIE signs major offshore wind contract in Europe’s largest renewable energy market

    ENGIE signed a 4-year power-purchase agreement with OWP Arkona, a joint venture of E.ON and Equinor (formerly named Statoil). As…

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  • Press release

    ENGIE taps into renewable Norway: major wind project and one of the longest ever signed PPA in Europe!

    ENGIE steps into Norway with Tonstad, a green project to construct one of the largest wind farms in the South…

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  • Press release

    ENGIE draws new renewable landscape in Spain with Goya

    ENGIE concluded with Forestalia, General Electric and Mirova an innovative partnership to develop the Goya project, a nine-subsidy-free wind park…

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  • Press release

    ENGIE innovates on the upstream to support gas M&A: eyes on HALO

    As part of our global energy management solutions, we signed a first of its kind transaction with Hague and London…

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  • Press release

    Air Products and ENGIE launch innovative partnership Blockchain technology to certify the traceability of green electricity

    ENGIE and AIR PRODUCTS have signed a contract that will allow AIR PRODUCTS to maximize, trace and certify the green…

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  • Press release

    ENGIE signs 15-year biomass supply contract with Mitsui & Co. in Japan

    ENGIE has just signed a long-term biomass delivery contract with Japanese business group Mitsui & Co., Ltd. for the supply…

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