ENGIE strengthens its position as France’s leading wind energy company with the acquisition of a portfolio of projects worth nearly 500 MW

ENGIE Green has just acquired a portfolio of nearly 500 MW of onshore wind projects under development through the purchase of 100% of SAMEOLE’s shares, an independent developer of wind projects in France.

This acquisition reinforces ENGIE’s leading position in the onshore wind energy market with 1,900 MW of capacity installed in France. The group’s ambitions are indeed very high, with a target of developing 3 GW of wind energy and 2.2 GW of solar energy by 2021.

The energy transition and the support of territories, which are at the heart of ENGIE’s commitments, are becoming even more concrete.

By combining organic growth with external growth, the share of renewable energies in our energy mix is now close to 70%,” says Gwénaëlle Huet, General Manager of ENGIE France Renewables. She adds that “after the acquisition of the LANGA Group last June, this project portfolio reinforces our leadership for the future. We are pleased to welcome the SAMEOLE teams within ENGIE; they will bring their expertise and knowledge of the territories.

Founded in 2005 and previously owned by the Samfi-Invest Group, SAMEOLE has developed a portfolio of wind projects in seven regions, mainly in northwestern and southwestern France. The team is made up of 20 developers divided into 4 territorial agencies in Caen, Toulouse, Valence and Pacé (Brittany).

About ENGIE

We are a global energy and services group, focused on three core activities: low-carbon power generation, mainly based on natural gas and renewable energy, global networks and customer solutions. Driven by our ambition to contribute to a harmonious progress, we take up major global challenges such as the fight against global warming, access to energy to all, or mobility, and offer our residential customers, businesses and communities energy production solutions and services that reconcile individual and collective interests. Our integrated – low-carbon, high-performing and sustainable – offers are based on digital technologies. Beyond energy, they facilitate the development of new uses and promote new ways of living and working. Our ambition is conveyed by each of our 150,000 employees in 70 countries. Together with our customers and partners, they form a community of imaginative builders who invent and build today solutions for tomorrow. 2017 turnover: 65 billion Euros. Listed in Paris and Brussels (ENGI), the Group is represented in the main financial (CAC 40, BEL 20, Euro STOXX 50, STOXX Europe 600, MSCI Europe, Euronext 100, FTSE Eurotop 100, Euro STOXX Utilities, STOXX Europe 600 Utilities) and extra-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris – World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance). To learn more: www.engie.com