ENGIE North America has accomplished greater than $1 billion of tax fairness financing to fund a portfolio of just lately commissioned renewable initiatives within the U.S. by separate agreements with J.P. Morgan, Goldman Sachs and BNP Paribas.
The portfolio consists of six initiatives 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 initiatives represents one of many largest tax fairness financing preparations for the corporate up to now.
“We’re delighted that ENGIE is as soon as once more in a position to collaborate with a number of the world’s main monetary establishments to speed up the power transition in direction of a internet zero future,” says ENGIE North America’s Dave Carroll. “This transaction displays our confirmed and acknowledged observe file in creating, constructing and working renewables property, each in North America and globally.”
