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Released September 17, 2024 | SUGAR LAND
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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.
ENGIE said it will retain a controlling share in the portfolio and will continue to operate and manage the assets, which are scattered across the Electric Reliability Council of Texas (ERCOT), the Midcontinent Independent System Operator (MISO), PJM Interconnection system, and the Southwest Power Pool (SPP).
"We are delighted that ENGIE and Ares will be partners in such a large-scale renewables and co-located storage portfolio to further accelerate the energy transition towards a net zero future," said Dave Carroll, chief renewables officer of ENGIE North America, in a press release. "The investment by Ares reflects ENGIE's proven and recognized track record in developing, building, operating and financing renewable assets, both in North America and globally."
"We look forward to continuing to provide the capital and experience needed to support the energy transition and build-out of climate infrastructure," said Steve Porto, partner in Ares' Infrastructure Opportunities strategy.
The 2.7-GW portfolio consists of 15 operational projects, of which 53% is for solar generation, followed 25% for wind and 22% for colocated battery storage.
The energy company said it has more than 8 GW of renewable generation in operation or construction across the U.S. and Canada and aims to add 4 GW per year through 2025--with North America "as a material contributor to that growth."
Last year, ENGIE acquired Broad Reach Power (Houston, Texas), a company specialized in battery-storage projects. As part of ENGIE's first-half 2025 earnings results released in early August, Chief Executive Officer Catherine MacGregor said ENGIE integrated 800 megawatts (MW) of new battery capacity in the U.S. thanks to the successful integration of Broad Reach Power.
The ERCOT region accounts for the bulk of ENGIE's project spending, including its $640 million Chillingham solar-plus-storage project in Harker Heights, Texas. The project entails constructing a 352-MW photovoltaic (PV) solar plant, and a battery energy storage system (BESS) unit designed to utilize Tesla's (NASDAQ:TSLA) (Austin, Texas) lithium-ion technology to provide 154 MW of energy storage. The solar plant is expected to begin commercial operations in the fourth quarter, and the battery portion in second-quarter 2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here to read a detailed project report.
Another high-dollar solar project in Texas is the $275 million Sypert Solar Farm in Rogers, which is expected to utilize about 400,000 solar panels and 90 inverters to provide 260 MW of solar generation. Click here to read more information on the project, which is expected to wrap up in late 2025.
In terms of ENGIE's wind resources, Industrial Info is tracking the $380 million Big Sampson Wind Project in Crockett, Texas. The windfarm would consist of 60 Vestas turbines, each rated at 4.5 MW, to achieve nameplate generation of 270 MW. ENGIE has signed a virtual power purchase agreement to provide Sonoco Products Company (NYSE:SON) (Hartsville, South Carolina) with generation from the facility, which is expected to be completed by engineering procurement and construction contractor Blattner Energy Incorporated (Avon, Minnesota) in late 2025. Click here to read the project report.
ENGIE also is constructing standalone BESS projects in Texas, including its $450 million Crater BESS in Hillsboro, and the $200 million BRP Pavo BESS in Fort Stockton, near the Texas-New Mexico border. The projects are designed to provide about 300 MW and 177 MW of storage capacity, respectively. Subscribers can read more information on the Hillsboro and Fort Stockton projects.
Elsewhere in the U.S., ENGIE expects its Twin Lakes Solar project in White County, Indiana will wrap up around the end of the year. The 150-MW solar farm is designed to utilize 375,000 PV panels from Hanwha Q Cells, a subsidiary of Hanwha Group (Seoul, South Korea). Click here to read more information.
Subscribers to the GMI database can click here for all project reports mentioned in this article and click here for related plant profiles.
Click here for a full list of reports for active and planned North American projects from ENGIE.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
ENGIE said it will retain a controlling share in the portfolio and will continue to operate and manage the assets, which are scattered across the Electric Reliability Council of Texas (ERCOT), the Midcontinent Independent System Operator (MISO), PJM Interconnection system, and the Southwest Power Pool (SPP).
"We are delighted that ENGIE and Ares will be partners in such a large-scale renewables and co-located storage portfolio to further accelerate the energy transition towards a net zero future," said Dave Carroll, chief renewables officer of ENGIE North America, in a press release. "The investment by Ares reflects ENGIE's proven and recognized track record in developing, building, operating and financing renewable assets, both in North America and globally."
"We look forward to continuing to provide the capital and experience needed to support the energy transition and build-out of climate infrastructure," said Steve Porto, partner in Ares' Infrastructure Opportunities strategy.
The 2.7-GW portfolio consists of 15 operational projects, of which 53% is for solar generation, followed 25% for wind and 22% for colocated battery storage.
The energy company said it has more than 8 GW of renewable generation in operation or construction across the U.S. and Canada and aims to add 4 GW per year through 2025--with North America "as a material contributor to that growth."
Last year, ENGIE acquired Broad Reach Power (Houston, Texas), a company specialized in battery-storage projects. As part of ENGIE's first-half 2025 earnings results released in early August, Chief Executive Officer Catherine MacGregor said ENGIE integrated 800 megawatts (MW) of new battery capacity in the U.S. thanks to the successful integration of Broad Reach Power.
The ERCOT region accounts for the bulk of ENGIE's project spending, including its $640 million Chillingham solar-plus-storage project in Harker Heights, Texas. The project entails constructing a 352-MW photovoltaic (PV) solar plant, and a battery energy storage system (BESS) unit designed to utilize Tesla's (NASDAQ:TSLA) (Austin, Texas) lithium-ion technology to provide 154 MW of energy storage. The solar plant is expected to begin commercial operations in the fourth quarter, and the battery portion in second-quarter 2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here to read a detailed project report.
Another high-dollar solar project in Texas is the $275 million Sypert Solar Farm in Rogers, which is expected to utilize about 400,000 solar panels and 90 inverters to provide 260 MW of solar generation. Click here to read more information on the project, which is expected to wrap up in late 2025.
In terms of ENGIE's wind resources, Industrial Info is tracking the $380 million Big Sampson Wind Project in Crockett, Texas. The windfarm would consist of 60 Vestas turbines, each rated at 4.5 MW, to achieve nameplate generation of 270 MW. ENGIE has signed a virtual power purchase agreement to provide Sonoco Products Company (NYSE:SON) (Hartsville, South Carolina) with generation from the facility, which is expected to be completed by engineering procurement and construction contractor Blattner Energy Incorporated (Avon, Minnesota) in late 2025. Click here to read the project report.
ENGIE also is constructing standalone BESS projects in Texas, including its $450 million Crater BESS in Hillsboro, and the $200 million BRP Pavo BESS in Fort Stockton, near the Texas-New Mexico border. The projects are designed to provide about 300 MW and 177 MW of storage capacity, respectively. Subscribers can read more information on the Hillsboro and Fort Stockton projects.
Elsewhere in the U.S., ENGIE expects its Twin Lakes Solar project in White County, Indiana will wrap up around the end of the year. The 150-MW solar farm is designed to utilize 375,000 PV panels from Hanwha Q Cells, a subsidiary of Hanwha Group (Seoul, South Korea). Click here to read more information.
Subscribers to the GMI database can click here for all project reports mentioned in this article and click here for related plant profiles.
Click here for a full list of reports for active and planned North American projects from ENGIE.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
