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ENGIE acquires Renvico, strengthens in wind energy in Italy and in France

Christian Fernsby |
ENGIE announced the acquisition of Renvico from Macquarie Infrastructure and Real Assets (MIRA), via Macquarie European Infrastructure Fund 4, and from KKR with its co-investors.

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The onshore wind installed capacity of the Renvico comprises 329 MW of operating wind farms of which 142 MW in Italy and 187 MW in France.

Renvico further develops a greenfield portfolio of 300 MW.

In France, ENGIE is the leading producer of wind (2 100 MW) and solar power (1 200 MWp), and the leading alternative producer of hydropower energy (3 900 MW).

ENGIE’s renewable activities employ 2,500 staff.

In Italy, ENGIE is the first operator for energy efficiency services.

It currently employs 3,600 staff, managing the energy of 1 million customers, over 300 municipalities, 10,000 buildings and 3,500 schools.

ENGIE provides also electricity and gas.

The completion of the transaction is subject to Antitrust and Foreign Investment clearances.

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