Engie boosts Maïa Eolis stake

17 March 2016


Engie has strengthened its position in the French wind energy market with the acquisition of 100 per cent of Maïa Eolis.

The French energy giant has bought a 51 per cent stake in Maïa Eolis, which specialises in the development, construction and operation of wind farms, making it the sole owner of the firm.

The acquisition brings Engie's installed wind power capacity in France to 1533 MW. "Maïa Eolis ... is a recognized player in wind farm for operation and maintenance," said Engie CEO Gérard Mestrallet. "Its expertise will strengthen the Group's operational excellence in this field. In the context of the sector's strong growth between now and 2020, we intend to augment the development of projects already undertaken by Maïa Eolis teams."

Maïa Eolis operates 21 wind farms located mainly in the Nord-Pas-de-Calais-Picardie and the Alsace-Champagne-Ardenne-Lorraine regions, producing a total of 246 MW. It also owns a portfolio of 250 MW either under construction or with construction permits, plus more than 400 MW additional development potential.

 



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