Energy subsidiary of the Casino Joint Venture structure with Engie E&C

The GreenYellow, solar power generation subsidiary of the French group Casino, structure a merger to create a new company in France with the Engie E&C, of the same nationality and player in the segment of energy efficiency. The great goal of the Union is to promote the decentralization of energy production French market through renewable resources. In addition to lower cost, sustainability has made growing the demand for local production of energy. Sustainable. The GreenYellow has more than 2000 projects implemented in the world, with over 500 in Brazil. The Grupo Pão de Açúcar (GPA) guaranteed savings of approximately 25% in electricity consumption in each of the 2000 group units with energy efficiency projects and 40% only considering the economy generated by solar panels placed in the shops.