ENGIE Electrabel Selects Sungevity As Solar Solutions Partner To Address Belgian Solar Market
Leading Belgian Utility With 2.8 Million Customers in Belgium to Market Sungevity Energy Systems Through Co-Branded Approach
OAKLAND, Calif, and BRUSSELS, Belgium, Aug. 24, 2016 /PRNewswire/ -- Sungevity, Inc., a technology-driven solutions provider offering exceptional service and choice to residential and commercial solar energy customers, today announced a partnership with ENGIE Electrabel, a subsidiary of the ENGIE Group (formerly GDF Suez), to provide a full suite of solar services to electricity customers in the Belgian market. As part of the agreement, ENGIE Electrabel will market a co-branded Sungevity-ENGIE Electrabel solar offering to existing and potential customers and Sungevity will provide all aspects of sales, design, installation and maintenance of the Sungevity Energy Systems to those customers. The partnership marks the first deal for both parties to address the solar market in Belgium, in which ENGIE Electrabel currently holds a base of 2.8 million customers. In addition to Belgium, Sungevity, Inc. currently services customers in 14 U.S. states and the District of Columbia as well as customers in three European countries, including the Netherlands, Germany and the United Kingdom through its wholly-owned European subsidiaries.
"We are excited about growing our European footprint with ENGIE Electrabel, Belgium's largest utility," said Jan Slaghekke, Chief Global Officer, Sungevity, Inc. "Their selection of Sungevity as a partner to address the burgeoning Belgian solar market further validates the strength of our technology platform and our focused approach to providing exceptional service to customers."
"The ENGIE Group is undertaking a major transformation and has the ambition to become the market leader in energy transition. The strategy of ENGIE Electrabel as an energy leader in Belgium is fully in line with this as we look to actively implement it for our 2.8 million customers," said Philippe Van Troeye, CEO of ENGIE Benelux. "Our partnership with Sungevity enables us to provide current and future customers with a turnkey solar solution. Our search for the right partner was extensive and we found Sungevity's technology platform, customer service approach and brand to be the right fit for ENGIE Electrabel."
About Sungevity
Sungevity, Inc. is a technology-driven solutions provider, offering exceptional service and choice to residential and commercial solar energy customers. Sungevity's asset-light business model focuses on value-added in-house services for software platform development, project management and customer experience; this focus is enabled by a strong, scalable network of third-party providers for asset-intensive and/or lower margin provision of hardware, installation services and financing. Sungevity's disruptive and competitive model delivers greater value directly to customers and, for stockholders, captures immediate financial value at the time of sale.
About ENGIE
ENGIE Electrabel is part of the ENGIE Group—a world leader in energy. The company is the market leader in Belgium and is active in energy production as well as sales and marketing of electricity, gas and energy services. The company offers its 2.8 million residential, professional and industrial customers innovative energy solutions with added value and tailor made services. ENGIE Electrabel manages a diversified portfolio of generation assets totaling 9000 MW close to its customers. The portfolio of assets includes renewables, fossil fuels and nuclear power installations. The emissions of greenhouse gases by its portfolio of generation assets is amongst the lowest in Europe. The company is the largest producer of green electricity in Belgium with renewable assets totaling 523 MW. ENGIE Electrabel employs 4,500 people and is one of the most important employers in Belgium. The company has been an integral part of society for over a century, and is deeply committed to social responsibility, with special focus on the underprivileged.
SOURCE Sungevity, Inc.
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