Engie, Casino Subsidiary Create Solar Energy Company
17 Octubre 2018 - 7:14AM
Noticias Dow Jones
By Nathan Allen
Engie SA (ENGI.FR) and Casino Guichard-Perrachon SA's (CO.FR)
GreenYellow subsidiary have set up a company to develop small-scale
solar energy plants in France, Engie said Wednesday.
The new company, called Reservoir Sun, will specialize in solar
plants of up to 1 megawatt for businesses and public bodies. The
company aims to install around 100 megawatts of capacity per year
across around 300 clients.
The group will invest around 100 million euros ($115.8 million)
per year in building solar plants on roofs and parking lots, Engie
said.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
October 17, 2018 07:59 ET (11:59 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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