ENGIE Enters Partnership for 2.7-GW Operational U.S. Renewables Portfolio

September 17, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Engie North America, a subsidiary of ENGIE S.A. (Paris, France), said last week it closed a partnership with a unit of investment manager Ares Management Corporation (NYSE:ARES) (Los Angeles, California) for a 2.7-gigawatt (GW) portfolio of 15 unnamed operational renewable-generation projects in the U.S. Industrial Info is tracking about $23 billion worth of active and planned projects across the U.S. and Canada from ENGIE, with nearly all of the activity attributed to solar and battery energy storage system (BESS) projects in Texas.