THE FULLY OPERATIONAL TAMAYA PHOTOVOLTAIC POWER PLANT

As part of ENGIEs Transformation plan in Chile which aims to move

away from coal as an energy source the Tamaya photovoltaic plant

located in the north of the country near the Atacama Desert received

its commercial operating permit in January 2022 The plant composed

of nearly 300000 photovoltaic panels represents a renewable energy

contribution of 114MWac

With 210000 tons of CO

2

emissions avoided

the project is making a very concrete contribution to the transition to

a carbonneutral economy which is at the heart of ENGIEs strategy

said Arturo Bugueño Tamaya Project Manager

Built during the Covid19 pandemic the plant was the result of a

particularly rigorous health and safety program The teams involved in the

project were able to overcome public health difficulties and demonstrate

agile management to avoid any critical delay in the process In time ENGIE

plans to install an additional 2000MW of renewable energy in the country

4,800

employees

worldwide

No. 1

in wind

and solar

in France

38 GW

in 100% installed

capacities

(end-2022)

€1.6 billion

EBIT 2022

OCEAN WINDS CONTINUES TO SOAR

A joint venture formed in 2020 by EDPR and ENGIE,

Ocean Winds took off with lightning speed in 2022 with

8 GW of projects won over the year. In Scotland, it won a

new zone in the Moray Firth for a future 2 GW farm, then

was awarded two ocean floor leases near the Shetland

Islands for floating offshore wind projects for 1.8 GW

and 500 MW respectively. In California, it won a floating

offshore wind farm project that will have a capacity of

2GW and in the New York Bay auction it won an offshore

zone where a wind farm with up to 17GW of capacity will

be installed For Rafael Munilla Director of Development of

Ocean Winds

These successes prove that the production

of renewable electricity from offshore wind power has a

bright future They also point out that offshore wind farms

that produce clean carbonfree energy are essential to the

energy transition in which many states are committed

Ocean Winds now has a portfolio of 15projects in

operation construction or development in seven countries

representing a total capacity of 166GW This development

is tied to the strong growth potential of offshore wind

which plays its part in diversifying the energy mix and

as part of the decarbonized energy offering

RENEWABLES

With its GBU Renewables, ENGIE contributes to the construction of the energy system of tomorrow.

The challenge Decarbonize and balance the energy mix, in particular by placing the emphasis on solar

and wind.

Development and operation

of renewable projects

Design, build, operate:

• Hydroelectricity

• Solar

• Onshore wind

• Offshore wind

• Battery storage associated

with a renewable asset

EXPERTISE AND KEY GOALS

The Group is investing heavily in decarbonized energy production facilities

and intends to increase its capacity by an average of 4 GW per year between

now and 2025 and by 6 GW per year from 2026.

The majority of investments should be focused in the five priority markets

of the GBU, namely US, France, Brazil, Chile and offshore wind.

STRATEGY PURSUED

RELATED GOALS

Achieve a portfolio of 50 GW

by 2025 and 80 GW by 2030

ENGIE added 3.9 GW of renewable capacity in 2022, bringing the total

100% renewable installed capacity to nearly 38 GW at end-2022. The Group’s

ambition is supported by a pipeline of 80 GW at end-December 2022.

The offshore wind sector has accelerated sharply.

PROGRESS MADE

B U S I N E S S C A S E

Arturo Bugueño

Project Manager PV Tamaya

Rafael Munilla

Chief Business Development

Officer at Ocean Winds

Peak power

OTHER ACTIVITIES

Energy management and supply

to B2B customers (GEMS)

•

Corporate Power Purchase Agreements

• Market risk management

• Energy storage – batteries

• 3,200 employees

Nuclear-powered electricity production

• 2,100 employees

28 - OUR IMPACT