ENGIE, Brookfield and Castignac enter into a partnership with a view to helping to create one of Europe's largest carbon-neutral logistics centres

Published on: 21 June 2022
by KnowESG

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ENGIE SA

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The purpose of this ENGIE, Brookfield and Castignac partnership is to help create an e-commerce logistics facility at the e-Valley site, Cambrai's former airbase in the Hauts-de-France region. The partnership will draw on ENGIE's expertise in decarbonisation solutions and both Brookfield's and Castignac’s regarding long-term, high-quality investments.

ENGIE, Brookfield and Castignac have just announced the signing of a partnership agreement covering the rollout of a set of decarbonisation solutions at the e-Valley logistics facility. The agreement was signed in the presence of Xavier Bertrand, President of the Hauts de France region. This ambitious project to convert Cambrai's former airbase in the Hauts-de-France region into an e-commerce logistics facility is to be managed by Castignac and is perfectly in line with ENGIE's aim of being its clients' preferred partner for helping them to meet their net zero objectives.

Brookfield is e-Valley’s majority share owner and manages more than US$725 billion of assets. With more than 360 sites in Europe, this leading investor operates in more than 30 countries and has a long-term commitment to investing in assets and companies forming part of the circular economy. The group is particularly interested in renewable energies and in the energy transition, and is being supported by institutional investor management platform Castignac to convert the e-Valley site. With 550,000 m² of warehouse space, up to 85,000 m² of service areas, 300,000 m² of landholdings and an optimal geographical location that can be accessed via a multi-modal platform, this facility aspires to becoming one of Europe's leading premium logistics hubs.

By leveraging the solutions it offers, ENGIE is committed to enabling the site’s carbon-free expansion, and ultimately:

20 MW of low-carbon heating and refrigeration network capacity to serve all of the site's warehouses, together with an activity zone for general resources structures;

90 MWp of solar power via a mixture of rooftop and car park installations (solar awnings) and a ground-based solar farm, establishing e-Valley as one of the largest private sites to produce such a high level of solar power;

2100 tonnes / year of BioCNG, BioLNG, H² and biofuel provided by a multi-energy station installed at the site and used to power the logistics hub's flow of vehicles;

506 electric vehicle charging stations made up of a blend of slow and fast chargers.

Cécile Prévieu, ENGIE’s Executive Vice President in charge of Energy Solutions activities, said: 

“I am very proud of this new partnership, together with the trust that Brookfield and Castignac have placed in us. This project, which involves expertise right across ENGIE, showcases all of our know-how, as well as our commitment to delivering the energy transition at the heart of the regions we serve. We are absolutely certain that developing this 100% carbon-free site is a major breakthrough for the e-commerce and logistics sectors, and will enhance their appeal”.

“We are delighted to be entering this strategic partnership with ENGIE for the e-Valley project, which is fully in line with our aim of mitigating the impact that our activities have on the environment.  Our long-term investments dictate both our investment strategy and our commitment to implementing environmental, social and governance practices”,

 said Brookfield’s Senior Vice President Dan Benhamou.

Castignac CEO David Taieb added:

 “With this partnership and the expertise of a global group such as ENGIE, the e-Valley project is once again demonstrating its virtuous and eco-friendly nature: we have transformed an area of scrubland into an ecosystem made up of companies, training centres, employment agencies, and service areas. And the whole thing will soon be completely carbon-neutral”.

Source: engie news

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