ENGIE Aquires 500 MW Portfolio in France

Wind Industry Profile of

ENGIE Green has just acquired a portfolio of nearly 500 MW of onshore wind projects under development through the purchase of 100% of SAMEOLE’s shares, an independent developer of wind projects in France.

This acquisition reinforces ENGIE’s leading position in the onshore wind energy market with 1,900 MW of capacity installed in France. The group’s ambitions are indeed very high, with a target of developing 3 GW of wind energy and 2.2 GW of solar energy by 2021. The energy transition and the support of territories, which are at the heart of ENGIE’s commitments, are becoming even more concrete. “By combining organic growth with external growth, the share of renewable energies in our energy mix is now close to 70%,” says... ... More: Official Press Release ENGIE

Keywords:

ENGIE, France, developer, onshore, MW, wind farm, SAMEOLE