Deals Counterparts

ENGIE partners with CBRE Investment Management for 2.4 GW battery storage portfolio

Partnership Battery Storage announced Houston, United States May 15, 2025
2.4 GW
Capacity
operating
Stage

ENGIE North America entered into a partnership with CBRE Investment Management for a 2.4 GW portfolio of battery storage assets in Texas and California, with ENGIE retaining a controlling share and continuing to operate and manage the assets.

Source Intelligence

KEY DETAILS

ENGIE will retain a controlling share in the portfolio and will continue to operate and manage the assets. Quote: ENGIE will retain a controlling share in the portfolio and will continue to operate and manage the assets.

Capacity
ENGIE enters partnership with CBRE Investment Management for 2.4 GW portfolio of Battery Storage Assets in the U.S.
Location
on a portfolio of battery storage assets in Texas and California.
Announcement
May 15, 2025
PARTIES MENTIONED IN SOURCE
E
ENGIE North America seller

"ENGIE North America (ENGIE) announced that it has entered into a partnership with funds managed by CBRE Investment Management (CBRE IM) on a portfolio of battery storage assets in Texas and California."

C
CBRE Investment Management investor

"ENGIE North America (ENGIE) announced that it has entered into a partnership with funds managed by CBRE Investment Management (CBRE IM) on a portfolio of battery storage assets in Texas and California."

high quality Enriched Feb 19, 2026

Timeline

Announced
May 15, 2025
Signed
Closed

Market Context

This deal is part of the Battery Storage sector in United States.
84
Battery Storage deals
565
deals in United States
1 of 84 Battery Storage deals tracked this month · Updated daily

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