May 23, 2018 / 4:17 PM / 5 months ago

BRIEF-Engie To Help Develop Nine Subsidy-Free Farms in Spain

May 23 (Reuters) - Engie Sa:

* SAYS SIGNED WITH FORESTALIA, GENERAL ELECTRIC AND MIROVA AN INNOVATIVE AGREEMENT TO DEVELOP NINE SUBSIDY-FREE WIND FARMS WITH A TOTAL CAPACITY OF 300 MW AWARDED AT SPANISH RENEWABLE GENERATION AUCTION IN 2016

* SAYS SHAREHOLDERS OF THE PROJECT ARE MIROVA (51%), GENERAL ELECTRIC (25%), ENGIE (15%) AND FORESTALIA (9%), THE TOTAL INVESTMENT OF THE PROJECT WILL REACH 300 MILLION EUR Further company coverage:

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