Paris selects ENGIE and its partner the RATP group to manage its cooling network
As from 5 April 2022, Fraîcheur de Paris, a jointly-owned company by ENGIE (85%) and RATP (15%), will become the urban cooling network operator for the city of Paris. The 20-year concession will cover the production, storage, transport and distribution of the city’s cooling energy. With a projected turnover of €2.4bn throughout the life of the contract, the network will be extended by 158 km to serve new clients in all Paris arrondissements by 2042. This ambitious project forms part of the city’s approach to decarbonisation and adapting to climate change, offering a sustainable and competitive alternative to traditional air-conditioning solutions.
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