Fully involved in a project resulting in the successful acquisition of a 1.7 GW hydroelectric portfolio by ENGIE and partners Crédit Agricole Assurances and Mirova, Tractebel expertise has contributed to further strengthen ENGIE’s presence in Portugal and on the Iberian renewable market.
Working since 2019 on the acquisition of several EDP hydroelectric assets valued at EUR 2.2 billion, Tractebel contributed as Technical and Environmental advisors, as well as carrying out the technical Due Diligence of the facilities during the competitive bidding and tender preparation phase.
The input of Tractebel in the negotiations with EDP was key to implementing the integration process. It also helped to reach agreements with EDP on key issues such as the shared management of reservoirs, the environmental measures, and the services to be provided by EDP during the transition phase.
Our experts were also on hand to assist the ENGIE team in charge of the integration of the assets and in discussions with the Portuguese Environment Agency for the validation of the transfer of concessions.
Jointly with the Belgian nuclear operator, ENGIE Electrabel, Tractebel has completed the filling of the first High Integrity Container (HIC) as part of the project...
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At Tractebel, our goal is to reduce our absolute emissions by more than 5% annually.
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The EU-funded STARTREC project aims to develop advanced thermoelectric generators for space exploration and other applications, such as industrial and domestic use. As a...
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For 11 years, our nuclear experts have contributed to the International Thermonuclear Experimental Reactor (ITER), a groundbreaking energy project involving 35 countries...
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