ENGIE Services wins C$2.6B PPP contract with Canadian government to modernize the district energy system in Ottawa
May 29, 2019
2.60 Billion CAD
On May 29, 2019, ENGIE Services Inc. ("ENGIE"), as part of the Innovate Energy consortium, successfully closed a 35-year PPP contract valued at $2.6 billion with the Government of Canada to modernize and operate the district energy system. The district energy system is responsible for heating 80 building and cooling 67 buildings in the Ottawa-region, including the Parliament Buildings. This partnership aims to help deliver on the Canadian Government's goal of fighting climate change by reducing the district's energy consumption and greenhouse gas emissions by 40% by 2030.
The Innovate Energy consortium also consists of PCL Constructors Canada, PCL Investments Canada, and Black & McDonald. Innovate Energy will also responsible for operating and maintaining the new system until 2055.
ENGIE is a facilities management solutions provider that prioritizes energy efficiency for their private and public customers in Canada and the United States. ENGIE is part of the ENGIE Group, which operates over 320 district heating and cooling networks across 20 countries.
McCarthy Tétrault LLP advised ENGIE with a team led by Anca Neacsu that included Mathieu Dubord, Philippe Fortier, Eloïse Gagné, and Camille Marceau (Business).