Second expansion of ENGIE-Ares partnership — 730 MW portfolio of US solar and wind assets
ENGIE and Ares further expand their partnership with a 730 MW portfolio of new US solar and wind assets. Brings total ENGIE-Ares partnership to ~4.4 GW. ENGIE has 11+ GW renewables in operation/construction across US and Canada.
730MW
Capacity
Hybrid
Technology
Multi-state
Location
Deal Details
- Deal Type
- Project M&A
- Seller / Sponsor
- ENGIE North America
- Buyer / Financier
- Ares Management
- Deal Value
- Undisclosed
- Stage
- Operating
- ISO/RTO
- Multiple
- Source
- ENGIE North America
Related Deals
Orion Solar Belt — 1.3 GW portfolio of 4 utility-scale solar projects (Orion I, Eiffel, Orion II, Orion III), Milam County, TX — 875 MWdc using 1.3M American-made First Solar modules
SB Energy Global (SoftBank / Ares Management) → J.P. Morgan, Bank of America, Morgan Stanley Renewables, Truist Bank, MUFG, Mizuho Americas, ING, SMBC, CIBC, Fifth Third Bank, Société Générale
$2.4B+
ITC transfer from solar and battery storage projects (operational starting 2024)
ENGIE North America → Schneider Electric
Portfolio of 6 recently commissioned renewable projects — 950 MW solar + 353 MW wind (1.3 GW total) across ERCOT, MISO, and SPP
ENGIE North America → J.P. Morgan, Goldman Sachs, BNP Paribas
$1B+
Global Infrastructure Partners (GIP) — world's largest independent infrastructure fund with 19+ GW operational renewables, 173 GW in construction/development
Global Infrastructure Partners → BlackRock
$12.5B
Recurrent Energy — 20% stake in Canadian Solar's renewable energy subsidiary (11 GWp solar + 3 GWh storage globally)
Recurrent Energy → BlackRock
$500M
Enel Green Power NA geothermal and solar portfolio — Cove Fort (UT), Stillwater & Salt Wells (NV), solar assets (CT)
Enel Green Power North America → Ormat Technologies
$271M
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.