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Broad reach power The Gambia

Engie to buy US battery storage firm Broad Reach Power

French utility company Engie has reached a deal, with an equity value of over $1bn, to purchase Texas-based battery energy storage firm Broad Reach Power. The sellers were private equity firms EnCap and Apollo.

Apollo Funds to Acquire 50% Stake in Broad Reach Power from

Broad Reach is a leading energy storage platform in the US, applying advanced energy storage technology and power market analytics to improve the performance of renewable and power...

ENGIE acquires developer Broad Reach Power''s BESS

In a transaction said to be worth in excess of US$1 billion equity value, Broad Reach Power''s current owner EnCap Energy Transition and co-investors will sell on the developer''s pipeline, as well as projects in

Broad Reach Power gets US$160 million financing for battery

Broad Reach Power has joined the ranks of companies active in the US battery storage industry to announce financing raises in excess of US$100 million in the past few weeks. The clean energy project developer and independent power producer (IPP) said yesterday that it has secured US$160 million towards a portfolio of 18 operating battery energy

ENGIE accelerates in battery storage through the

ENGIE announces it has signed a binding agreement for the acquisition of 100% of Broad Reach Power, a company specialized in battery storage and based in Houston, from private equity funds EnCap and Apollo.

ENGIE accelerates in battery storage through the acquisition of Broad

ENGIE announces it has signed a binding agreement for the acquisition of 100% of Broad Reach Power, a company specialized in battery storage and based in Houston, from private equity funds EnCap and Apollo. The transaction involves 350MW of operating assets, as well as 880MW under construction

ENGIE accelerates in battery storage through the acquisition of Broad

Broad Reach Power skills, tools and teams are the perfect fit, in and outside the United States, with ENGIE''s integrated model. The acquisition will support the Group''s goal of having 10 GW...

Broad Reach Power

Broad Reach Power follows a successful, dual greenfield and acquisition approach to project development. We are focused on opportunities where market forces are driving demand for flexible, fast responding, reliable power generation.

Broad Reach Power Acquired by ENGIE from EnCap Energy

HOUSTON- EnCap Energy Transition today announced that French multinational utility company ENGIE has agreed to acquire the battery storage business of Houston-based Broad Reach Power from EnCap Energy Transition Fund I, its co-investment partners Yorktown Partners, Mercuria Energy and Apollo Infrastructure Funds (the "Apollo Funds") for a

Engie to buy US battery storage firm Broad Reach Power

French utility company Engie has reached a deal, with an equity value of over $1bn, to purchase Texas-based battery energy storage firm Broad Reach Power. The sellers were private equity firms EnCap and Apollo. This deal awaits clearances from anti-trust and energy regulatory agencies and is scheduled to close by the fourth quarter of this year.

ENGIE acquires developer Broad Reach Power''s BESS business

In a transaction said to be worth in excess of US$1 billion equity value, Broad Reach Power''s current owner EnCap Energy Transition and co-investors will sell on the developer''s pipeline, as well as projects in operation or under construction in US markets including CAISO in California and ERCOT in Texas.

ENGIE accelerates in battery storage through the acquisition of

Broad Reach Power skills, tools and teams are the perfect fit, in and outside the United States, with ENGIE''s integrated model. The acquisition will support the Group''s goal of

Broad Reach Power bags financing for 880MW of BESS projects

US developer Broad Reach Power has closed US$435 million in financing to start construction on 880MW of battery storage projects in the CAISO and ERCOT markets, for 2023/24 commissioning. The developer announced the financing from a large consortium last week (28 July), which will enable it to start construction on the seven standalone battery

ENGIE accelerates in battery storage through the acquisition of Broad

Broad Reach Power skills, tools and teams are the perfect fit, in and outside the United States, with ENGIE''s integrated model. The acquisition will support the Group''s goal of

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