Engie SA Acquires French Biomethane Company Vol-V Biomasse
27 Febrero 2019 - 01:07AM
Noticias Dow Jones
By Olivia Bugault
Engie SA (ENGI.FR) said Wednesday that it has acquired French
company Vol-V Biomasse.
The deal with Vol-V Biomasse, based in the northwest of France,
will strengthen Engie's position in the region as an important
producer of biomethane, a gas produced from organic materials, the
French energy group said.
Financial details were not disclosed.
Engie has committed to invest 800 million euros ($910.1 million)
in the development of biomethane projects with farmers over the
next five years, it said.
Write to Olivia Bugault at olivia.bugault@dowjones.com
(END) Dow Jones Newswires
February 27, 2019 01:52 ET (06:52 GMT)
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