PPA signed for 200 MW Onshore wind project in USA
ENGIE North America announced that its Houston headquarters is under contract for renewable energy from one of its own 200 MW wind projects located near Texas.
Beginning in May 2021 and running through 2028, the 25-story tower at 1360 Post Oak Blvd. within the Four Oaks Place portfolio will offset 100% of its electricity consumption with the purchase of energy and Renewable Energy Credits from ENGIE North America's Live Oak wind project in Texas.
Four Oaks Place is a five-building, 2.3 million square-foot portfolio located in Uptown Houston. ENGIE North America occupies six floors at 1360 Post Oak Blvd. The portfolio is managed by Transwestern Real Estate Services (TRS) and is a joint venture of Nuveen Real Estate and Allianz.
ENGIE North America recently entered a retail energy supply agreement for approximately 5,747 MWh annually from the Live Oak wind project. The renewable energy in this agreement represents the environmental benefits of reducing CO2 emissions by more than 32,000 metric tons over the span of the contract.
ENGIE is the developer, owner, and operator of the Live Oak wind project. Live Oak (which is owned in partnership with an affiliate of John Laing Group plc) is a 200 MW project that is located near San Angelo, Texas. Amerex Energy Services is acting as an advisor on the agreement.
