Engie, also known as ENGIE SA, is a publicly owned company headquartered in France. Founded in 2008 and employing approximately 47,580 individuals, the company primarily operates as a provider of low-carbon energy, with utilities as its main product.
On June 26, Engie Energía Perú commenced construction of the Hanaqpampa solar project, a 140.8 MW solar plant featuring a 15 MW battery energy storage system (BESS) in the Moquegua region of southern Peru. This project, which represents an investment exceeding $127 million, is expected to begin commercial operation in the first quarter of 2028. Concurrently on June 26, India's Central Electricity Regulatory Commission (CERC) rejected a petition by Betam Wind Energy Pvt Ltd, an Engie Group company, which sought to be discharged from obligations related to a 200 MW wind power project awarded by the Solar Energy Corporation of India under Tranche-VII bidding. Previously, on June 25, Engie secured favorable pricing on a €1.6 billion green deal denominated in euros. The French utility's six-year tranche garnered stronger demand than its twelve-year tranche, with both landing near fair value, following its A$1.25 billion debut a week prior.
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