Engie to Develop 342 MW Wind Farm in Spain
April 03 2019 - 7:42AM
Dow Jones News
By Nathan Allen
Engie SA (ENGI.FR) said Wednesday that it will develop a
342-megawatt wind farm in Spain's Aragon region in partnership with
Natixis's (KN.FR) subsidiary Mirova and Spanish renewables company
Grupo Forestalia.
Engie will participate in the project as an equity investor and
as an energy manager, selling electricity generated by the project
to the wholesale market, it said.
The project, known as Phoenix, will comprise 10 wind farms with
the capacity to generate 1,000 gigawatt hours a year of green
energy, Engie said.
The project will create more than 800 jobs in the construction
phase and 50 permanent jobs when it begins operations, Engie
said.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
April 03, 2019 07:27 ET (11:27 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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