SPY453.42-3.98 -0.87%
DIA346.24-0.37 -0.11%
IXIC15,085.47-295.85 -1.92%

Engie, Credit Agricole to buy Spain's Eolia Renovables

Engie, Credit Agricole to buy Spain's Eolia Renovables

reuters.com · 11/11/2021 03:09
Engie, Credit Agricole to buy Spain's Eolia Renovables

- French gas and power group Engie ENGIE.PA and lender Credit Agricole CAGR.PA on Thursday said they have agreed to buy Spanish renewable energy business Eolia Renovables from a Canadian investment fund.

The French companies have agreed to buy 97.33% of Eolia Renovables' capital from Alberta Investment Management Corporation, they said in a joint statement.


(Reporting by Sarah Morland
Editing by David Goodman
)

((sarah.morland@thomsonreuters.com; +48 58 769 65 92;))