ENGIE North America to acquire solar, battery storage projects
Renewable energy provider ENGIE North America has purchased a 6 GW portfolio of solar and battery storage development projects from Belltown Power U.S.
Overall, the transaction includes 33 projects comprising some 2.7 GW of solar with 0.7 GW of paired storage and 2.6 GW of stand-alone battery storage. The projects are located across the ERCOT (Electric Reliability Council of Texas); PJM (Pennsylvania New Jersey Maryland Interconnection); MISO (Midcontinent Independent System Operator); and WECC (Western Electricity Coordinating Council) regions.
ENGIE already has 3.9 GW of installed renewable capacity in North America as of June 30. The projects serve as a strong addition to ENGIE’s existing renewables and storage pipeline in the United States.
“These projects are a tremendous addition to our existing renewables pipeline and will help to further accelerate ENGIE’s role in the energy transition. The mix of solar, paired, and stand-alone storage across a wide set of geographies both complements our existing portfolio as well as provides opportunities for expansion into new areas in the United States. The 3.3 GW of battery storage projects will be a critical enabler of flexibility and supports the balance of the grid to improve its reliability and resilience,” Dave Carroll, chief renewables officer and head of ENGIE North America, said.
ENGIE North America is based in Houston. It is a subsidiary of ENGIE, which is based in Europe.
“We are very proud of having completed this transaction with ENGIE, which marks another great milestone in the journey of Belltown as a greenfield developer. The ENGIE team is very knowledgeable and has the breadth and depth of expertise to bring these projects into operations. We believe our projects are in excellent hands and look forward to the ribbon-cutting ceremonies at each of these sites,” Hernan Farace, CEO of Belltown Power U.S., said.