ENGIE acquires 6 gigawatts of solar and battery storage projects in the United States

The company announced its acquisition of projects in various electrical areas in the country.

October 28, 2022Ryan Kennedy

Engie North America announced that it has acquired a 6GW portfolio of delayed projects in ERCOT (Texas Electric Grid Operator), PJM (part of the Eastern Interconnection System), MISO (covering the Midwest and Southern US) and WECC (Western Interconnection System) . The acquisition included 33 projects, consisting of approximately 2.7 GW of solar capacity with 700 MW of paired storage, and 2.6 GW of standalone battery energy storage.

The acquisitions have significantly increased the company’s already extensive presence in North America, with 3.9 gigawatts of 100% renewable energy installed at the end of June.

These projects are a great addition to our portfolio of renewable energy projects and will help accelerate ENGIE’s role in the energy transition. The combination of solar, dual, and standalone storage across a wide range of geographies complements our existing portfolio and also provides opportunities for expansion into new regions in the United States.” Dave Carroll, Director of Renewables and President of ENGIE North America, said 3.3 GW of battery storage projects It will be an important factor in resilience and support network balancing to improve reliability and resiliency.

ENGIE North America is headquartered in Houston, Texas. The parent company, Engie, is listed on the Paris and Brussels stock exchanges, and the company employs more than 100,000 people worldwide.

“We are very proud to complete this deal with Engie, which marks another milestone in Belltown’s journey as a green space developer. The Engie team has extensive experience and has the expertise to bring these projects to life. “We believe our projects are in good hands and look forward to the ribbon cutting ceremonies at each of these locations,” said Hernan Varas, CEO of Beltown Power.

Beltown Power is a company specializing in the development of photovoltaic energy and energy storage projects, from siting to interconnection, permitting, environment, taxation and other development aspects of project realization.

This content is protected by copyright and may not be reused. If you would like to collaborate with us and would like to reuse some of our content, please contact: [email protected].