Supporting regions in their transition to sustainable energy systems
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Omexom is sharing its expertise in the transition to green energy and in long-term regional transformation with the Agence française de développement (French development agency) in Brazil, Indonesia, and Burkina Faso.
It’s no coincidence that Omexom’s path regularly crosses that of public development banks like AFD, the French development agency, and the brand new fund STOA, which are both involved in financing sustainable development projects in emerging countries.
The projects implemented by the VINCI Energies brand since 2014 in Indonesia, Burkina Faso, and Brazil seek to support a local or regional authority or organisation over time, by sharing, at a very early stage in the project, expertise in the green transition and regional transformation.
For example, in Indonesia AFD appointed Omexom to carry out lighting master plans for the cities of Mataram and Bogor, along with preliminary studies focusing on the analysis of contractual models. “These AFD-driven studies enable cities to undertake ambitious energy performance projects, while at the same time ensuring a sustained improvement in urban lighting infrastructure,” explains Alain Guillaume, Business Development & Marketing manager at Omexom.
In Brazil, Omexom helped AFD to design smart city projects in four cities: “Thanks to our expertise in regional planning, we can provide public players with strategic and technical support, delivering long-term assistance in urban development projects,” says Leonor Gauthier, project manager at Omexom.
“We want to invest in profitable projects that help meet sustainable development goals, alongside reliable partners like VINCI Energies”
While AFD supports development projects, the STOA fund – a joint AFD-Caisse des Dépôts subsidiary – aims to acquire stakes in private companies that supply green energy. “We want to invest in profitable projects that help meet sustainable development goals, alongside reliable partners like VINCI Energies,” states Charles-Henri Malécot, CEO of STOA and former AFD executive. To do this, the fund considers investment projects like the implementation of microgrids in Indonesia by Omexom.
Transferring knowledge and capabilities
Working towards sustainable development also means involving regional businesses and expanding the capabilities of local technical services, a key aspect for both AFD and Omexom. Training was included in the project in Indonesia and in Burkina Faso, where Omexom installed West Africa’s largest photovoltaic power plant. Local managers were trained to supervise teams in the region during project implementation as well as in subsequent phases such as maintenance.