Sept 12 (Reuters) - Engie SA:
* ENTERS A PARTNERSHIP WITH ARES MANAGEMENT FOR A 2.7 GW
PORTFOLIO
OF RENEWABLES AND STORAGE ASSETS IN THE U.S.
* OVERALL 2.7 GW PORTFOLIO CONSISTS OF 15 PROJECTS IN
OPERATION
ACROSS ERCOT, MISO, PJM AND SPP
* TRANSACTION REPRESENTS LARGEST OPERATING PORTFOLIO
SELL
DOWN FOR ENGIE IN U.S. AND IS ONE OF LARGEST SALES COMPLETED IN
RENEWABLES SECTOR BASED ON TOTAL CAPACITY
* WILL RETAIN A CONTROLLING SHARE IN PORTFOLIO AND WILL
CONTINUE
TO OPERATE AND MANAGE ASSETS
* HAS AN ASPIRATION TO ADD 4 GW PER YEAR THROUGH 2025
GLOBALLY
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(Gdansk Newsroom)