ENGIE North America Inc. and Axium Infrastructure US win 50-year, $1.165 billion energy concession from Ohio State University

Written By: Stratton Report
April 7, 2017

Engie community solar

On April 7, ENGIE North America Inc. and Axium Infrastructure US announced they have won a 50-year concession valued at $1.165 billion to upgrade energy sustainability throughout Ohio State University’s 485-building campus in Columbus, Ohio.

According to both companies, the award came after a more than two-year-long process in which 40 interested parties initially participated.

The firms stressed that they have worked as business partners in Canada for the past five years managing a portfolio of large-scale wind and solar installations totaling 680-MWs.

Frank Demaille, CEO of ENGIE North America observed:

We’re excited for the opportunity to deploy our experience in energy efficiency, production, procurement, and commodity risk management to support Ohio State in its quest to become an international leader in sustainability while providing new resources to enhance its academic mission. With innovation, performance, and safety underpinning all of our endeavors, we are eager to work with the Ohio State utility team and with faculty, staff, and students on new energy research and technology commercialization through a state-of-the-art Energy Advancement and Innovation Center that we will build.

Thierry Vandal, President of Axium Infrastructure US remarked: “Axium is thrilled to join forces with ENGIE to deliver world class energy services to Ohio State, and to advance the visionary sustainability objectives put forward by the Ohio State community.”

Per the firms, they are committed to operate and optimize the university’s utility system, including developing future capital improvement projects to improve the university’s energy efficiency by 25% within 10 years. In addition, the firms will construct a new Energy Advancement and Innovation Center for energy research and commercialization to develop next-generation technologies and services in areas such as smart energy systems, renewable energy, and green mobility.

Ohio State President Michael V. Drake noted: “This partnership positions us as an international leader in energy and sustainability and further strengthens Ohio State as a national flagship public research university.”