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Project Insights

Engie moves further away from fossil fuels with Langa acquisition

Engie has bought independent renewable energy company Langa Group.
By Staff reporter 7 June 2018 Europe & Russia / Companies & Finance 0 31196

French energy company Engie has bought independent renewable energy company Langa Group, Langa said in a note on Wednesday.

Langa has a portfolio of solar, wind, biogas and biomass energy assets, and is developing 1.3 GW of projects that are due to be completed by 2022.

The acquisition is a further step in Engie’s move away from the fossil fuel sector towards renewable energy.