Dalkia wins €15bn contract to manage Paris heating network until 2050
The Paris Council awards a €15bn, 25-year contract to Dalkia, a subsidiary of EDF, to operate the capital’s heating network, replacing long-time operator Engie amid political tensions ahead of municipal elections.
| Countries | France |
|---|---|
| Companies | Engie |
| Sector | Énergie Nucléaire, Gaz, Réseaux chaleur, Déchets, Biométhane, Réseau chaleur |
| Theme | Investissements & Transactions, Contrats |
The Paris Council has approved the concession of the urban heating network to Dalkia, a subsidiary of Électricité de France (EDF), for a 25-year term. The €15bn ($16.34bn) contract ends over a century of operations by Engie and covers heating for nearly one million people in Paris and 16 surrounding municipalities.
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