By Giulia Petroni

 

Engie SA said Friday that in mid-September it signed a 15-year contract with representatives of the French region Centre-Val de Loire to renovate the energy systems of 62 schools and the regional contemporary art fund.

The French energy company said the program represents a total investment of approximately 32 million euros ($37.9 million). Renovation works will start at the end of 2020 and take two years to be completed.

The project will allow a reduction in the buildings' energy consumption by more than 30% and cut carbon-dioxide emissions by nearly 35%, Engie said.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

November 06, 2020 07:17 ET (12:17 GMT)

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