LANGA holds a portfolio in operation which, by the end of 2018, reportedly will reach an installed capacity of 215 MW, 165 MW of which is in solar energy and 39 MW of which is in wind energy. The group is also developing 1.3 GW of projects due to be completed by 2022.
This acquisition will allow ENGIE to intensify its development in renewable energies in France, the company states, adding that it aims to develop nearly 3 GW of wind and nearly 2.2 GW of solar by 2021.
“ENGIE and LANGA are among the leading French companies developing solar energy. The alliance of the two groups, and in particular the specific skills of LANGA teams on roofs and ground-based power plants as well as the general portfolio of projects being developed, will incontestably make ENGIE a leader of the sector in the country,” said Gwenaelle Huet, CEO of ENGIE France Renewables.