Engie has acquired a 6GW portfolio of solar, paired and stand-alone battery storage development projects from Belltown Power US.
The transaction includes 33 projects comprising some 2.7 GW of Solar with 0.7 GW of paired storage and 2.6 GW of stand-alone battery storage.
The projects are located across the Electric Reliability Council of Texas, Pennsylvania New Jersey, Midcontinent Independent System Operator and Western Electricity Coordinating Council.
Engie said it already has a “strong position” in North America, with 3.9 GW of installed renewable capacity at 100% as of June 30th 2022.
“The projects are a strong addition to Engie’s existing renewables and storage pipeline in the U.S,” the company said in a statement.
“This acquisition is a perfect illustration of ENGIE’s strategy to accelerate our investments in renewable energy in our key markets,” said Paulo Alamirante, Engie’s senior executive vice-president, in charge of Renewable, Energy Management and Nuclear Activities.
“It is an important step towards achieving our goal of 80GW of installed renewable capacity by 2030.
“By combining green electricity generation with paired and stand-alone storage, Engie will contribute to the flexibility of the grid to improve its reliability and resilience.”