Investor Alert

New York Markets After Hours

July 2, 2020, 2:52 a.m. EDT

Engie sells 49% stake in U.S. renewables portfolio

Watchlist Relevance

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

By Pietro Lombardi

Engie SA has signed an agreement to sell a 49% stake in a 2.3-gigawatt renewables portfolio in the U.S. to Hannon Armstrong Sustainable Infrastructure Capital Inc.

The French utility company said Thursday that it will keep a controlling stake in the portfolio, which includes wind and solar projects, and continue to manage the assets and consolidate the projects in its accounts.

The portfolio includes nine onshore wind projects and four solar projects in the U.S.

This Story has 0 Comments
Be the first to comment
More News In

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.