Categories:
Press Release
Renewables
Date: 09/20/2022

The 200MW Sun Valley Solar agreement will represent power equivalent to the annual electricity needs of more than 50,000 U.S. homes and support the local agricultural eco-system.

 

CINCINNATI and HOUSTON, Sept. 20, 2022 /PRNewswire/ — Procter and Gamble (P&G) and ENGIE North America (ENGIE) announced today a 200 MW Power Purchase Agreement from ENGIE’s Sun Valley Solar project located in Hill County, Texas, 65 miles southwest of Dallas.

This solar energy agreement is the largest for P&G globally. Once production commences at Sun Valley later this year, it will supply P&G with more than 530,000 MWh of renewable power annually. For comparison, that is enough renewable electricity to power 1 in every 3 residences in P&G’s home city of Cincinnati, OH.

The agreement with ENGIE North America, a subsidiary of ENGIE S.A., a global leader in the transition to renewable energy, is part of P&G’s comprehensive plan to accelerate action toward net-zero GHG emissions by 2040. The agreement is expected to displace the equivalent of more than 367,000 metric tons of CO2-equivalent from the electricity grid each year.

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

The Sun Valley Solar project is part of ENGIE’s more than 5 GW of wind, solar and storage in operation or construction across North America. The 250 MW project will become a long-term contributor to the 36,000 residents of the Hill County community. The project is expected to generate tax revenues of around $8 million to support county services and an additional $18 million in revenues to the Abbot School district, supporting teachers and educational infrastructure over the life of the project.

“We are very much in the ‘era of renewables’ and the clear targets set by P&G reflect the acceleration of that trend – we are honored to build on our long-standing relationship with them,” said Dave Carroll, Chief Renewables Officer, ENGIE North America. “These are long-term projects that will not only produce renewable power, but provide jobs, tax revenues and economic growth, and we are privileged that the Hill County community is part of this journey. We have activities in more than 100 counties across the U.S. and Canada – the energy transition is really one that will be powered by communities across the continent.”

As part of the development, a portion the project will be planted with locally appropriate vegetation that supports pollinators, such as butterflies and bees that are critical to the longer-term sustainability of wider agricultural eco-system.

Once in operation, up to 1500 head of sheep will also graze the site, providing natural vegetation management around and under the solar installation.

‘Both P&G and ENGIE North America brought a vision to this project that strategically considered how to weave multiple benefits into the renewable energy platform of the project. Pollinator health and habitat benefits are one of those multiple benefits that will help deliver on the overall sustainability goals and mission of both companies.’

– Peter Berthelsen, President Conservation Blueprint

Construction is underway at Sun Valley, creating 300-400 temporary jobs, while up to six new permanent roles will support local operations over the life of the project.

About Procter & Gamble
P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit https://www.pg.com for the latest news and information about P&G and its brands. For other P&G news, visit us at https://www.pg.com/news.

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

Contacts

 

Procter & Gamble

Lindsey Morahan, Corporate Communications

mediateam.im@pg.com

ENGIE North America

Michael Clingan, Press Relations

Michael.clingan@external.engie.com

HOUSTON –(BUSINESS WIRE)– ENGIE Energy Marketing NA, Inc. (“ENGIE Energy Marketing”), a global energy mid-streamer offering electricity, natural gas, and energy services, a subsidiary of ENGIE S.A. (ENGIE) and MI Texas LLC (“MI”), a subsidiary of Mothership Incubator LLC, a retail electricity provider (REP), today announced that they have entered into a facility agreement for wholesale supply procurement in ERCOT (Electric Reliability Council of Texas) with a tailored focus on next-generation retail solutions.

Unlike a run-of-the-mill credit and supply deal, this innovative facility structure encapsulates MI’s unique value proposition: providing white-label REP services for distributed energy resources (DERs) and creatively structured electricity supply solutions for complex, non-residential loads such as datacenters. With a commitment to growing renewable energy adoption, solving unique credit challenges, and simplifying ways for residential homeowners to deploy DERs, Mothership is primed to disrupt the electricity space.

Mothership will use this facility, which provides innovative products, renewable hedges, flexible credit, and varied tenor terms, to hedge supply requirements for their unique customer base. More specifically, this facility will enable Mothership to focus on innovating new retail solutions that monetize DERs such as solar, storage, and EVs and creating new contract structures for flexible load resources such as bitcoin mining, manufacturing, and schools.

ENGIE Energy Marketing’s President, Ken Robinson, said, “All of us at ENGIE are excited to join forces with a company like Mothership that understands our mission to transform the energy landscape to be more customer-centric, and also has the expertise to curate a retail portfolio focused on deploying renewables to all customer segments. Smart agreements like these are the kind that we need to make real gains toward a carbon-neutral economy.”

Mothership CEO Maura Yates said, “ENGIE is an ideal alliance for Mothership and we share a common commitment to decarbonization and innovation. The Mothership team see’s enormous potential in maximizing value streams from DER’s and delivering creative solutions to the market in order to drive cost savings, comprehensive risk management, and sustainability.”

About ENGIE

Our group is a global reference in low-carbon energy and services. With our 170,000 employees, our clients, our partners and our stakeholders, we strive every day to act to accelerate the transition towards a carbon neutral economy, through reduced energy consumption and more environmentally friendly solutions. Guided by our purpose statement, we reconcile economic performance with a positive impact on people and the planet, using our expertise in our key business areas (gas, renewable energies, services) to provide competitive solutions to our clients. www.engie.com

About Mothership

Launched in Fall 2021, Mothership is a boutique ERCOT REP that is disrupting the traditional electricity space by leading the next generation of retail suppliers focused on flexibility, deploying distributed energy resources, and decarbonization of the grid. Mothership’s house-branded REP is a hyper-focused, high-performing risk and origination team committed to doing smart deals and providing best-in-class customer service for commercial and industrial customers. We work with sophisticated brokers and loads in ERCOT, creating highly structured, customized retail contracts that integrate renewables and DERs into the supply offering. To learn more, visit mothershipenergy.com.

Contact:

Calin Brammer
calin@mothershipenergy.com

ENGIE Energy Marketing NA, Inc.
Michael Clingan, Press Relations
Michael.clingan@external.engie.com

Coal plants around the U.S. that consume large areas of land have been shutting down and local communities are impacted due to the loss of jobs and property taxes. The New York Times story mentions ENGIE North America among other companies that are proactively transforming these coal plants into solar, battery and other renewable energy projects which produce clean energy for local power grids.

We are proud to share our story around transforming a vacant coal plant into a solar farm that produces enough clean energy to power 1,800 homes.  

Click here to read the full story.

Sustainability For Suppliers Privacy Legal Cookie Notice California Privacy Do Not Sell My Personal Information
Site Map