ENGIE NA renewable expansion — additional ~1 GW solar and storage portfolio, expanding Ares-ENGIE partnership to 3.7 GW
Second tranche of Ares-ENGIE partnership, expanding from 2.7 GW to 3.7 GW. Nearly 1 GW of solar and storage assets added. ENGIE retains controlling stake.
1,000MW
Capacity
Solar + Storage
Technology
Multi-state
Location
Deal Details
- Deal Type
- Corporate M&A
- Seller / Sponsor
- ENGIE North America
- Buyer / Financier
- Ares Management
- Deal Value
- Undisclosed
- Stage
- Operating
- ISO/RTO
- Multiple
- Source
- ENGIE North America
Service Providers
Advisory & Legal
- Seller Counsel
- Orrick
- Buyer Counsel
- Kirkland & Ellis
Finance Counterparties
Lenders & Capital Providers
- Lead Arranger
- MUFG; BNP Paribas
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Leadership at the Counterparties
Recent executive moves at the firms named in this deal.
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