The European power giants will create one of the world’s biggest offshore wind development companies through a new joint venture. The U.S. is among their target markets. Portuguese power firm EDP and French utility Engie announced a joint venture focused on achieving a ranking among the world’s top-five largest offshore wind developers. The 50-50 venture, […]
Engie Acquires Genbright to Unlock More Value From Distributed Storage and Solar Portfolio
Genbright’s software matches distributed energy resources with multiple wholesale energy market opportunities. New England is a key growth target, Engie Storage CEO Chris Tilley tells GTM. Engie North America has built a big portfolio of distributed energy projects across the U.S., ranging from more than 75 megawatts of behind-the-meter battery systems from Engie Storage (formerly […]
ENGIE North America Acquires Genbright
HOUSTON: ENGIE North America Inc. today announced the acquisition of Genbright LLC of Hingham, MA, a company pioneering the integration of distributed energy resources into wholesale electricity markets. The purchase enables ENGIE and its DER businesses, including ENGIE Storage, to further the adoption and growth of DERs within markets throughout the United States. ENGIE Storage […]
Essel Group in talks with Adani, CPPIB, Engie for sale of solar assets
Essel Group is once again in market to sell its 685-MW solar power portfolio, this time on a piecemeal basis. The company is said to be in talks with Adani Power, Canadian Pension Plan Investment Board (CPPIB) after Actis Energy’s discussion to purchase the entire portfolio hit a valuation hurdle, people close to the development […]
French utility Engie to sell some German and Dutch coal power assets
Engie said it was selling those assets to investment firm Riverstone Holdings LLC and that the deal would cut Engie’s net consolidated debt by around $223 million PARIS: French utility Engie has agreed to sell some coal-fired power plants in the Netherlands and Germany, as Engie continues its strategy of disposing of non-core assets to […]
ENGIE and Tokyo Gas to establish renewables joint-venture company in Mexico
ENGIE and Tokyo Gas Co Ltd announced their intention to invest in Heolios EnTG, a 50/50 joint-venture company to develop renewable energy projects in Mexico. Heolios EnTG follows the successful and long-lasting relationship between Tokyo Gas and ENGIE which dates back to 1983. Heolios EnTG will develop, finance, construct, own, operate and maintain six renewable […]
Tokyo Gas buys 50 pct stake in Engie’s renewable energy firm in Mexico
TOKYO: * Japan’s Tokyo Gas Co Ltd said on Monday it has agreed to buy for an undisclosed sum a 50 percent stake in Engie’s renewable company in Mexico that owns and operates six solar and wind power projects * The six projects with a total 899 megawatt (MW) power generation capacity were granted 15-year […]
ENGIE and Tokyo Gas to establish renewables joint venture company in Mexico
ENGIE and Tokyo Gas to establish renewables joint venture company in Mexico For more information please see below link: Source: tokyo-gas.co.jp
SENER and ACCIONA take part in the official opening ceremony of Kathu Solar Park as EPC consortium
Kathu Solar Park, Norther Cape Region, South Africa: The Kathu Solar Park constructed as an EPC project by the engineering and technology group SENER and ACCIONA, was officially inaugurated in the Northern Cape Region, in South Africa. The opening ceremony was hosted by the Northern Cape’s Premier, Sylvia Lucas. From SENER, they were present the […]
ENGIE and CDPQ make the winning bid in the process to acquire TAG
ENGIE, a world energy leader, announces that together with Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, it has made the winning bid in a competitive process conducted by Petrobras for the acquisition of a 90% shareholding stake in Transportadora Associada de Gás S.A. (TAG) with a final and binding offer […]