Arverne Group: geothermal energy project in Seine-Saint-Denis

(CercleFinance.com) - Arverne Group announces the signature by its subsidiary 2Gré of an ambitious contract for the creation and operation of a low-carbon, geothermal-powered heating network for the towns of Clichy-sous-Bois and Livry-Gargan, in the Seine-Saint-Denis region.


As part of this project, the existing network will be completely rehabilitated, while a new network will be deployed to serve new districts. By 2031, this network will extend over 26 km, with a production capacity of 115 GWh.

Thanks to the use of 91% renewable energy, this network will reduce CO2 emissions by 20,000 tonnes per year, equivalent to taking 10,000 vehicles off the road. It will also help lift around 1,100 households out of fuel poverty.

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