• ENGIE secures the acquisition of a 157 MW renewables operating portfolio in the UK, comprising 3 operating onshore wind farms and 4 solar PV parks.
• ENGIE plans to add battery storage and solar farms to the acquired sites, as well as repowering projects.

ENGIE, a leading global energy transition utility, has successfully acquired a fully operational renewable portfolio in the UK, totalling 157 MW of clean energy capacity.

This portfolio, acquired from Munich Re’s asset manager MEAG, includes 4 solar PV and 3 onshore wind farms, located in England and Wales.

The purchase, which is subject to UK Government clearance, represents a significant milestone in ENGIE’s UK renewable energy strategy, demonstrating its commitment to a more sustainable energy future.

Miya Paolucci, UK CEO of ENGIE, said: “This acquisition expands our renewable generation capacity and reflects our ongoing commitment to growing our operations here in the UK. It is a key part of our strategy to invest in low carbon technologies so we can provide clean energy to our B2B customers and support the energy transition.”

Suresh Bhaskar, ENGIE Managing Director of Renewables UK & Ireland added: “By leveraging ENGIE’s development capabilities and working with local ecosystems and communities, we plan to transform this portfolio into a future asset base that has significant additional capacity. With the opportunity to co-locate BESS and solar, plus repower old assets, our integrated approach means we can generate, trade and supply even more low carbon energy, helping our customers to decarbonise.”

About ENGIE
ENGIE is a major player in the energy transition, whose purpose is to accelerate the transition towards a carbon-neutral economy. With 98,000 employees in 30 countries, the Group covers the entire energy value chain, from production to infrastructures and sales. ENGIE combines complementary activities: renewable electricity and green gas production, flexibility assets (notably batteries), gas and electricity transmission and distribution networks, local energy infrastructures (heating and cooling networks) and the supply of energy to individuals, local authorities and businesses. Every year, ENGIE invests more than €10 billion to drive forward the energy transition and achieve its net-zero carbon goal by 2045.

About ENGIE in the UK

In the UK, with 1,300 employees, ENGIE owns and operates a large portfolio of renewable and flexible storage assets, across electrons and molecules, including one of the largest pumped-storage hydro plants in Europe. Our JV company Ocean Winds is one of the largest offshore wind generators in Scotland with 950MW of operating capacity and 882MW in construction. We supply +17,000 business customers with electricity and gas and accompany them in their decarbonisation journey. Over its 20 years of operations in the UK, ENGIE has unlocked billions of pounds into the country’s energy transition.

ENGIE Financials

Turnover in 2024: €73.8 billion. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and non-financial indices (DJSI World, Euronext Vigeo Eiris – Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).