Ares Management takes a minority stake in Engie North America's 900 MW renewable portfolio

Type: Investment · Technology: Solar, Storage · Country: United States · Capacity: 900 MW · Announced: 2025-03-26

Ares Management acquired a non-controlling minority stake in a 900 MW portfolio of U.S. renewable projects owned by Engie North America, comprising three operational solar projects (Chillingham 350 MW, Ray Ranch 255 MW, Twin Lakes 150 MW) and the 150 MW Chillingham BESS in commissioning across ERCOT and MISO.

Counterparties

• Engie North America (Seller)
• Ares Management Corporation (Investor)

Source article

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