ENGIE makes the winning bid in the Public Lighting PPP auction for the city of Petrolina (PE)
The largest private sector energy company in Brazil operating in the areas of electric energy generation, commercialization and transmission, transportation of gas and energy solutions, ENGIE made the successful bid in the Private Public Partnership (PPP) auction for street lighting in the municipality of Petrolina (PE).
ENGIE presented a proposal with a monthly tariff of R$ 409,200.00, 67.6% less that the tariff ceiling established in the invitation to bid. The agreement will run for a 20-year period and provides for the modernization, expansion, and maintenance of the city’s lighting infrastructure to the benefit of a population of approximately 350 thousand people. A significant investment is forecast to modernize all existing lighting units with LED technology as well as implementing an operational control center and management systems in order to achieve savings of at least 50% in the energy consumed by the city’s public lighting system.
Petrolina’s Public Lighting PPP project has been structured with the support of the Brazilian Development Bank (Banco Nacional de Desenvolvimento Econômico Social – BNDES).
In addition to the infrastructure, ENGIE is to install smart operational and remote monitoring systems for lighting the city’s more important streets. Another key element in the project is the flood lighting of monuments and tourist attractions of Petrolina, a city situated on the banks of the São Francisco River.
“The Project will bring several benefits to the city and its inhabitants, such as the incentivizing of tourism and the local economy, improved public safety and a better quality of life”, pointed out Leonardo Serpa, Chief Executive Officer of ENGIE Soluções.
Another essential aspect to ENGIE’s successful bid is the fact that LED technology enhances energy efficiency. “The ENGIE proposal aims to accelerate the transition to a carbon neutral world through reduced energy consumption and more sustainable solutions, thus reconciling performance with a positive impact on people and the planet’’, Serpa remarked.
Currently, ENGIE is responsible for the operation of 350 thousand street lighting units in Brazil, in particular those included in the PPP for the municipality of Uberlândia and already at the implementation stage. Worldwide the Company is responsible for 1.5 million units.
ABOUT ENGIE
ENGIE is a global reference in low-carbon energy and services. With its 97,000 employees, its customers, partners and stakeholders, the Group is committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions. Inspired by its purpose (“raison d’être”), ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its customers. Turnover in 2022: 82.6 billion Euros.
In Brazil, ENGIE, leader in 100% renewable power generation in the country, operates in generation, commercialization and transmission of electric power, gas transport and energy solutions. The Company
has in the country an installed capacity of 12,5 GW, originated from renewable sources and with low GHG emissions, such as hydro, solar and biomass power plants, and windfarms.
With the acquisition of Transportadora Associada de Gás – TAG, ENGIE now also owns the largest natural gas transportation network in the country, at 4,500 km and transecting 10 states and 191 cities.
The Group has a complete portfolio of integrated solutions focused on reducing costs and improving the infrastructure for companies and cities, such as energy efficiency, public lighting, energy monitoring and management.
With 2,800 employees, ENGIE’s turnover in Brazil in 2023 was of R$ 11.7 billion. ENGIE trades on the B3 through its energy generation and trading company, ENGIE Brasil Energia, under the ticker EGIE3. In addition to being a B3 Novo Mercado component, the Company is one of the very few companies that have been listed in the Business Sustainability Index since its creation in 2005. In 2021, ENGIE Brasil Energia was included in the Carbon-Efficient Index (ICO2), made up of IBrX 100 companies that are most transparent in terms of GHG emissions reporting and how they are preparing for a low-carbon economy.
The company also received in May 2024 the certification Great Place to Work, a recognition which validates the continuous commitment of the company to create a positive and inclusive work environment for all.
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).