A major step towards ENGIE’s objective of reaching 10 GW of battery capacity within the Group by 2030 to support the development of renewable energies
France, Aug. 24, 2023 (GLOBE NEWSWIRE) — ENGIE announces it has signed a binding agreement for the acquisition of 100% of Broad Reach Power, a company specialized in battery storage and based in Houston, from private equity funds EnCap and Apollo.
The transaction involves 350MW of operating assets, as well as 880MW under construction assets with a commissioning expected before the end of 2024, 1.7GW of advanced stage projects and a significant pipeline of early […]
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