Arverne Group, a key industrial player in renewable underground resources, has partnered with Dalkia and Ile-de-France Energies & Territoires to create a low-carbon geothermal heating network for the towns of Clichy-sous-Bois and Livry-Gargan.
Through its subsidiary 2Gré, Arverne Group has signed a contract for the design, operation, and management of the geothermal network, which will provide sustainable, low-carbon, and affordable energy to local residents.
The project involves rehabilitating the existing network and installing a new system to serve newly developed neighborhoods. By 2031, the network will span 26 km and have a production capacity of 115 GWh. With 91% renewable energy, the geothermal network is expected to reduce CO2 emissions by 20,000 tons annually, which is equivalent to removing 10,000 cars from the road. Starting July 1, the project will result in nearly a 50% reduction in household energy bills and lift approximately 1,100 families out of fuel poverty.
The total investment in this initiative amounts to nearly 90 million euros (approx. US$98.7mn), with support from all project partners, ADEME, and the Ile-de-France Region. Operations will commence in 2025, and the concession will last for 30 years. 2Gré will be responsible for the engineering, geothermal drilling, and maintenance work, with assistance from Arverne Drilling Services.
Pierre Brossollet, Founder and CEO of Arverne Group, stated, "This operational collaboration with Dalkia and Ile-de-France Energies & Territoires reflects the trust placed in Arverne Group and the excellent expertise of its subsidiaries 2Gré and Arverne Drilling Services. By deploying our integrated and innovative offer, we are demonstrating our ability to decarbonise local heating networks thanks to geothermal energy, a local and renewable energy that reduces CO2 emissions, while offering significant savings on energy bills for individuals, local authorities and businesses."