Metals

Engie bags US$1 billion for 1GW US solar PV portfolio

CBCIE Time:Feb 29, 2024 11:34 Source:pv-tech

Engie North America – a regional subsidiary of French energy utility Engie – has closed US$1 billion in tax equity financing to support a 1.3GW portfolio of solar PV and wind assets across the US.

The portfolio consists of six projects; 950MW of solar PV and 353MW of wind capacity, spread across the Electric Reliability Council of Texas (ERCOT), Midcontinent Independent System Operator (MISO) and Southwest Power Pool (SPP) interconnection markets. All of the projects have been recently commissioned, Engie said.

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