Energy Efficiency, Sourcing Renewables, Wind - February 22, 2018
ENGIE North America acquired Infinity Renewables
Houston-based ENGIE North America Inc. announced on Feb. 20 that it has acquired Infinity Renewables, a developer of utility-scale wind projects in the United States. The acquisition includes more than 8,000 MW of projects in various stages of development.
"With Infinity Renewables, ENGIE is investing in an experienced, accomplished development team, and we look forward to working with this team to accelerate the expansion of our renewables presence within the United States," said Frank Demaille, President and CEO of ENGIE North America in a statement. "By adding more wind energy to our other retail, solar, and biomass offerings in the U.S., we can meet customers’ renewable energy procurement goals much more comprehensively than before," he added.
Headquartered in Santa Barbara, Calif., Infinity Renewables’ team, along with its funding and development partner MAP® Renewable Energy, has successfully developed and sold nearly a dozen projects totaling over 1,600 MW, all of which are now in commercial operation.
According to the statement, the combined ENGIE and Infinity Renewables team will be working together to complete development and construction of the Infinity portfolio, and will continue to own and operate those projects following commercial operation to support the increasing demand in the U.S. for renewable energy and more broadly the United States’ transition to a cleaner electrical system.
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