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Friday, November 15, 2024

ENGIE Completes $1B Tax Fairness Financing for U.S. Renewables 






ENGIE North America has accomplished greater than $1 billion of tax fairness financing to fund a portfolio of not too long ago commissioned renewable tasks within the U.S. by means of separate agreements with J.P. Morgan, Goldman Sachs and BNP Paribas. 

The portfolio consists of six tasks throughout ERCOT, MISO and SPP, together with 950 MW of photo voltaic and 353 MW of wind capability. The combination 1.3 GW of those tasks represents one of many largest tax fairness financing preparations for the corporate to date.

“We’re delighted that ENGIE is as soon as once more capable of collaborate with a number of the world’s main monetary establishments to speed up the vitality transition in direction of a web zero future,” says ENGIE North America’s Dave Carroll. “This transaction displays our confirmed and acknowledged observe report in growing, constructing and working renewables property, each in North America and globally.”








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