Engie buys 6GW renewables pipeline in U.S.

Engie buys 6GW renewables pipeline in U.S.

(Reuters) – France’s Engie said on Thursday it had acquired projects currently under development worth 6 gigawatts (GW) of power capacity to speed up the development of its green energy portfolio in North America.

Engie North America has bought 33 early to late-stage projects from Belltown Power U.S., the company said in a statement, including 2.7 GW of solar with 0.7 GW of paired storage and 2.6 GW of stand-alone battery storage.

“The 3.3 GW of battery storage projects will be a critical enabler of flexibility and supports the balance of the grid to improve its reliability and resilience,” head of Engie North America Dave Carroll said.

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(This story has been refiled to remove redundant word in headline)

(Reporting by Juliette Portala, editing by Tassilo Hummel)

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