Engie announces acquisition of 500 MW wind portfolio in France
ENGIE has announced that its Green arm has acquired a portfolio of nearly 500 MW of onshore wind projects under development through the purchase of 100% of the share capital of SAMEOLE, an independent developer of wind projects in France.
Founded in 2005 and previously owned by the Samfi-Invest Group, SAMEOLE has developed a portfolio of wind projects in seven regions, mainly in northwestern and southwestern France. The team is made up of 20 developers divided into four territorial agencies in Caen, Toulouse, Valence and Pacé (Brittany).
This acquisition reinforces ENGIE’s leading position in the onshore wind energy market with 1,900 MW of capacity installed in France, and supports the company's target of developing 3 GW of wind energy and 2.2 GW of solar energy by 2021. The share of renewable energies in ENGIE's energy mix is now close to 70%.
Country updates
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