Fraicheur De Paris
Fraîcheur de Paris operates the City of Paris's exclusive urban district cooling network under a public service concession, distributing chilled water via 120 km of underground pipes to 924 subscribers across 7 million m² of buildings, with subscription-based revenue from offices, hotels, retail, cultural, and government customers.
- Company typePrivate
- Founded2022
- HeadquartersParis, France
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Fraicheur De Paris does
Fraîcheur de Paris S.A.S. is the exclusive concessionnaire of the City of Paris's urban cold water (district cooling) network, operating one of Europe's first and the world's 11th largest district cooling systems. Established in 2021 to succeed CLIMESPACE, the company is jointly owned by ENGIE (85%) and RATP Solutions Ville (15%) and holds a public service concession granted by the City of Paris.
The company produces chilled water at 15 production sites using refrigeration units, free-cooling via Seine river water, geothermal wells, and ice/chilled water thermal storage at four sites, then distributes it through a 120 km fully underground closed-loop pipe network to connected buildings via standardized delivery equipment: COOL'box (1-20 kW, up to 250 m²), CLIM'box (21-200 kW, 250-2,500 m²), and CLIM'pack (200+ kW, 2,500+ m²). A centralized control center with over 125,000 monitoring points operates the network 24/7. The network achieves a Coefficient of Performance of 4 versus 2-3 for autonomous installations, is powered by 100% renewable electricity since 2013, and has been carbon neutral since 2018.
Revenue is generated through multi-year subscription contracts for chilled energy supply (including maintenance and renewal of delivery equipment) plus one-time connection fees for feasibility studies, permits, and construction. With 924 subscribers cooling 7 million m² of building space and 493 GWh sold annually, Fraîcheur de Paris serves offices, hotels, retail, cultural venues, healthcare facilities, and government buildings across Paris. Notable customers include the Musée du Louvre, Forum des Halles, Galeries Lafayette Haussmann, Opéra Garnier, Hôtel de Ville de Paris, Le Bristol Paris, Station F, La Samaritaine, and Bibliothèque nationale de France. The company employs 174 people and reported €114 million in annual revenue.
Fraicheur De Paris firmographics
Firmographics- Name
- Fraicheur De Paris
- Legal name
- Fraîcheur de Paris S.A.S.
- Website
- https://www.fraicheurdeparis.fr
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Fraîcheur de Paris operates the City of Paris's exclusive urban district cooling network under a public service concession, distributing chilled water via 120 km of underground pipes to 924 subscribers across 7 million m² of buildings, with subscription-based revenue from offices, hotels, retail, cultural, and government customers.
- Ownership category
- akta.pro rank
Where Fraicheur De Paris is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices1 record
Markets served
Fraicheur De Paris business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain, Marketing or Sales
Revenue model
- Cold Energy Supply (Fourniture d'énergie): Recurring subscription-based revenue from supplying chilled water energy to connected buildings. The subscription includes maintenance and renewal of the delivery equipment. Customers pay based on subscribed power capacity and consumption.
- Building Connection Services: One-time connection fees covering technical feasibility studies, design studies, permit acquisitions, and construction works for connecting buildings to the cold water network.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Service subscription including energy supply, maintenance, and renewal of delivery equipment. |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Fraicheur De Paris product offering
Product offeringCore offering
Fraicheur de Paris produces chilled water (2–4°C) at 15 production sites, distributes it through a 120 km underground closed-loop pipe network across Paris, and delivers it to connected buildings via standardized delivery units (COOL'box for 1–20 kW, CLIM'box for 21–200 kW, CLIM'pack for 200+ kW). Customers subscribe to a recurring cold-energy supply service that includes maintenance and renewal of the in-building delivery equipment, and pay one-time fees for connection works (feasibility, design, permits, construction). The service targets commercial building owners and operators in Paris as the exclusive concessionnaire under a public service delegation from the City of Paris.
Product overview
Fraicheur de Paris operates the urban district cooling network of Paris, offering buildings a sustainable alternative to autonomous air conditioning systems. The product portfolio centers on three delivery units (COOL'box, CLIM'box, CLIM'pack) scaled by cooling capacity (1-20 kW, 21-200 kW, and 200+ kW respectively) for buildings ranging from small commercial spaces to large iconic structures. Services include comprehensive project support (feasibility studies, permits, construction), energy supply, 24/7 remote monitoring, maintenance, and equipment renewal. Customers access their accounts through the Espace Client digital portal. The network comprises 15 production sites, underground distribution piping, and storage facilities, all connected to a central control room.
Differentiator
Problem solved
Functional benefit
Products and services
- COOL'box Compact standardized in-building cooling delivery unit providing 1–20 kW of cooling capacity for surfaces up to 250 m²; provided to subscribers as part of the cooling subscription, which includes maintenance and equipment renewal. Targeted at small commercial spaces and offices connected to the Paris district cooling network.
- CLIM'box Mid-range standardized in-building cooling delivery unit providing 21–200 kW of cooling capacity for surfaces between 250 m² and 2,500 m²; provided to subscribers with maintenance and renewal included in the subscription. Targeted at medium-scale commercial, institutional, and cultural buildings.
- CLIM'pack Industrial-scale standardized in-building cooling delivery unit providing 200 kW and above of cooling capacity for surfaces exceeding 2,500 m²; provided to subscribers with maintenance and renewal included in the subscription. Targeted at large buildings such as museums, department stores, hospitals, and shopping centers.
- Réseau de Froid Urbain (Urban Cooling Network Service) Subscription-based district cooling service delivered through Fraîcheur de Paris's 120 km underground closed-loop pipe network, 15 production sites, 4 thermal storage sites, and central control room. Produces, stores, and distributes chilled water (2–4°C) to more than 800 connected buildings in Paris; the 11th largest district cooling network globally. Marketed to building owners and operators under a public service concession from the City of Paris.
- Espace Client (Client Portal) Secure online customer portal available 24/7 to subscribers, providing contract management, consumption tracking (kWh, m³, CO²), billing information, and service-request functionality. A standalone digital product used by the 924 subscribers of the Paris district cooling service.
- Accompagnement Personnalisé (Personalized Connection Support) Full-service project accompaniment sold alongside the cooling subscription, covering eligibility check, technical feasibility study, design study, permit acquisition, construction works, commissioning, dedicated account management, and 24/7 monitoring for buildings being connected to the Paris district cooling network. Priced as a one-time service engagement per building project.
Quantifiable outcome
- 96% of subscribers consider that connection to the network improves occupant comfort
- +8 more outcomes
Companies that use Fraicheur De Paris
Customer profileNamed customers16 records
Segments6 records
Ideal customer profiles1 record
Fraicheur De Paris technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Fraicheur De Paris partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Ville de Paris (City of Paris)coreThe City of Paris is the conceding authority (autorité concédante) of the public cold water service. Fraîcheur de Paris reports its management to the City through regular reports that track the proper execution of the concession contract. The City of Paris has set an objective of achieving carbon neutrality by 2050, relying on the cold water network to reduce its carbon footprint.
Scale indicators11 records
Recent moves5 records
Expansion highlights4 records
Fraicheur De Paris competitors and assessment
Company assessmentBroad incumbents
- Vattenfall AB: Swedish state-owned utility operating district heating and cooling networks in Berlin, Amsterdam, and other European cities. Overlaps with Fraîcheur on municipal concessions and centralized cooling infrastructure.
- ENGIE S.A. Multinational utility and 85% owner of Fraîcheur de Paris. Operates district heating and cooling networks globally, providing the closest comparable public-company benchmark for valuation and capital intensity.
- Veolia Environnement: Global environmental services and energy group that operates district heating and cooling networks in multiple countries. Direct overlap with Fraîcheur's district energy utility model and large-building customer base.
- ENGIE Solutions (Equans): ENGIE's broader energy services arm that historically included CLIMESPACE (the predecessor of Fraîcheur de Paris). Operates district energy infrastructure across Europe and remains a strategic parent of Fraîcheur itself.
Direct peers
- CPCU (Compagnie Parisienne de Chauffage Urbain): Operates the Paris district heating network under a similar public service concession from the City of Paris and is also controlled by ENGIE. Most direct functional peer: same city, same concession model, same parent, same customer base, but on the heating side.
- National Central Cooling Company (Tabreed): Middle East district cooling leader with 1+ million RT of capacity. Closest pure-play public peer for district cooling valuation benchmarking, with similar concession-style contracts and large-building customers.
- Keppel DHCS (Keppel Infrastructure): Singapore-based district cooling provider serving the central business district. Direct peer in dense urban district cooling for commercial real estate, with similar subscriber-based recurring revenue model.
- Emirates Central Cooling Systems Corporation (Empower): Dubai-based district cooling operator serving large commercial, residential, and government buildings. Direct peer in district cooling utility model, with comparable scale and customer base.
- Dalkia (EDF group): EDF-owned French district energy operator running heating and cooling networks in multiple French cities. Closest domestic competitor in French district cooling/heating with similar concession-based utility model and customer base.
- Fortum Oyj: Nordic utility operating the world's largest district cooling network in Helsinki and other cities. Closest international peer by activity (district cooling), customer profile (urban buildings), and regulated infrastructure model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Customer concentration
Fraicheur De Paris social profiles
Digital presenceFraicheur De Paris financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fraicheur De Paris leadership team
Management profileNumber of profiles
Profiles3 records
Fraicheur De Paris funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fraicheur De Paris M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fraicheur De Paris
What does Fraicheur De Paris do?
Fraicheur de Paris produces chilled water (2–4°C) at 15 production sites, distributes it through a 120 km underground closed-loop pipe network across Paris, and delivers it to connected buildings via standardized delivery units (COOL'box for 1–20 kW, CLIM'box for 21–200 kW, CLIM'pack for 200+ kW). Customers subscribe to a recurring cold-energy supply service that includes maintenance and renewal of the in-building delivery equipment, and pay one-time fees for connection works (feasibility, design, permits, construction). The service targets commercial building owners and operators in Paris as the exclusive concessionnaire under a public service delegation from the City of Paris.
Is Fraicheur De Paris a public or private company?
Fraicheur De Paris is a private company. It is classified as corporate owned and is currently operating.
When was Fraicheur De Paris founded?
Fraicheur De Paris was founded in 2022. It employs 101 to 250 people.
Where is Fraicheur De Paris based?
Fraicheur De Paris is headquartered in Paris, France, in the Europe region.
How does Fraicheur De Paris make money?
Two revenue lines are on record. Cold Energy Supply (Fourniture d'énergie) is the primary driver. The others are building Connection Services.
Who are Fraicheur De Paris's main competitors?
Broad incumbents on record are Vattenfall AB, ENGIE S.A., Veolia Environnement and ENGIE Solutions (Equans). Direct peers are CPCU (Compagnie Parisienne de Chauffage Urbain), National Central Cooling Company (Tabreed), Keppel DHCS (Keppel Infrastructure), Emirates Central Cooling Systems Corporation (Empower), Dalkia (EDF group) and Fortum Oyj.
Does Fraicheur De Paris have an API?
No public API is recorded for Fraicheur De Paris.