Overview
- City officials named a Dalkia–RATP–Eiffage team to take over the CPCU from 2027 after a one-year transition, subject to Council approval on 16–19 December, for a concession valued at about €15 billion.
- The contract will run through a SEMOP that gives Paris ownership of 12 production sites and veto power over strategic decisions.
- Dalkia commits €3.4 billion to expand geothermal output and add new steam capacity by 2031, with a renewable share targeted at 76% by 2034 and 100% by 2050.
- Paris projects consumer gains from 2027, saying 69% of users would see lower bills and average heat tariffs would be about 16% below gas prices.
- The CPCU—France’s largest district-heating network serving roughly 1 million residents—will shift from Engie, which is set to receive a €3 million participation indemnity, as opposition politicians criticize the timing and 25-year duration.