The GL events – LOXAM Consortium, Temporary power official Supporter to the Paris 2024 Olympic and Paralympic Games
GL events, THE INTEGRATED EVENT MANAGEMENT GROUP, AND LOXAM, THE FRENCH AND EUROPEAN EQUIPMENT RENTAL LEADER, RANKED 4TH WORLDWIDE, FOR THE CONSTRUCTION, INDUSTRY AND EVENTS SECTORS, ANNOUNCE THE CONCLUSION OF A PARTNERSHIP AGREEMENT TO PROVIDE TEMPORARY POWER SOLUTIONS FOR ALL THE VENUES OF THE PARIS 2024 OLYMPIC AND PARALYMPIC GAMES.
GL events and Loxam have formed a consortium to combine their expertise and offer a comprehensive solution meeting the goals of the Paris 2024 Energy Programme. This initiative will showcase the expertise of these two leading companies in their respective markets serving a major event.
Olivier Ginon, Chairman-CEO of GL events, commented: “The success of this joint venture illustrates the strength and complementary nature of our companies and teams to provide the very best solutions for this exceptional event.”
Gérard Déprez, President of the Loxam Group added: “Our status as an official supporter of Paris 2024 bears testimony to our know-how. Loxam is proud to contribute to the success of this major worldwide event in partnership with GL events and all our subcontractors.”
GL events and Loxam will be in charge of the project management and all services relating to the temporary production and distribution of power, an uninterrupted electrical supply and temporary temperature control systems at all venues including the temporary International Broadcast Centre (IBC). This 46,000 sqm pop-up structure will host the world’s media throughout the Paris 2024 Olympic and Paralympic Games.
This joint offering reflects the strong commitment of the employees of both companies and their domestic subcontractors. It draws on shared know-how and existing collaborations. In addition, the combined regional networks of these two companies ensuring proximity to all Olympic and Paralympic sites will guarantee a high level of responsiveness.
Beyond their pride in contributing to the success of the Paris 2024 Olympic and Paralympic Games and, GL events and Loxam will monitor the environmental impact and promote the social legacy of their activities, in line with the commitments made to the Paris 2024 Organising Committee. Temporary power generation facilities will be used to back up the supply of renewable electricity supplied by the national power grid. GL events and Loxam will give priority to equipment powered by high-efficiency biofuels or green hydrogen. Other commitments of the consortium include promoting the participation of VSEs, SMEs and the social economy sector as providers of part of the services. Finally, the event legacy will result in the large-scale reuse of products and equipment, and nearly 100% recycling of construction waste.
These commitments will be documented in a sustainability and legacy report certified by an independent third party after the Paris 2024 Olympic and Paralympic Games.
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Number 4 worldwide, LOXAM is a French company and the European market leader for the rental of equipment and tools for building and public works, industry, landscaping, event management and services. With revenue of €2.2 billion in 2021, 1,060 branches and 11,370 employees, the Loxam group is established in 30 countries and has the largest machine fleet on the market, with more than 650,000 items of equipment. Loxam caters to the growing demand from companies that wish to outsource the procurement, management and maintenance of their equipment, and delivers a wide range of services to its clients, notably in the industrial and event management sectors.
About GL events
As an integrated Group that operates in all event-related professions, GL events is a leading player in the three main events markets: congresses and conventions; sporting, cultural, corporate and political events; and fairs and exhibitions aimed at trade professionals or the general public. With offices and venues on five continents and in more than 20 countries, GL events employs 4,500 people. GL events is organised into three main business divisions: GL events Live groups together all the professions and services associated with corporate, institutional, and sporting events. Its teams provide turn-key solutions, from consulting and design to the final production of the event. GL events Exhibitions manages and produces over 300 proprietary fairs. Its portfolio covers a wide range of sectors: foodservice, culture, textiles/fashion, industry, etc. GL events Venues manages a network of 50 event venues (Convention Centres, Exhibition Parks, Concert Halls and Multi-purpose venues) based in France and around the world.
Operating on all five continents and in more than 20 countries, GL events has 4,900 employees. The Group is listed on Euronext Paris, Compartment B.
About Paris 2024
The mission of the Olympic and Paralympic Games Paris 2024 Organising Committee, in accordance with the host city contract signed between the International Olympic Committee (IOC), the Comité National Olympique et Sportif Français (CNOSF – French National Olympic and Sporting Committee) and the Ville de Paris municipal authorities, is to plan, organise, fund and deliver the Olympic and Paralympic Games Paris 2024.
The Olympic and Paralympic Games are the greatest sporting event in the world, with unparalleled media impact. They bring together 10,500 Olympic athletes and 4,350 Paralympic athletes, respectively from 206 and 182 delegations, across five continents. They are watched by over 13 million spectators and 4 billion television viewers across the world, across a total of over 100,000 hours of TV broadcasting. They are without equal in sporting, economic and cultural events throughout the world, and this power helps to further their impact.
Set up in January 2018, Paris 2024 is headed by Tony Estanguet, three-time Olympic champion. It is run by a Board of Directors, on which sit all the founding members of the project: the CNOSF, Ville de Paris, the French Government, the Île-de-France regional authority, the CPSF, the Métropole du Grand Paris, the Conseil départemental de Seine Saint-Denis, representatives of the local authorities involved in the Games, civil society and corporate partners.