Engie Spain obtains Spanish PV expert Sofos Energia

• Engie Espana, part of French electrical utility group Engie SA (EPA: ENGI) said it has actually gotten Sofos Energia, a Spanish specialist in the advancement as well as construction of solar PV projects.

Financial and also other details were not divulged.

Sofos Energia was founded in Spain in 2004, as well as has actually given that opened offices in South America and the Caribbean area.

The firm is described as having a long track record in the solar PV market, both as a programmer of utility-scale projects and distributed generation self-consumption plans for commercial and industrial (C&I) customers. It additionally has actually specialised business lines that use engineering, procurement and construction (EPC) as well as operation and maintenance (O&M) solutions.

According to Engie Espana, Sofos Energia handles a pipe of some 1 GW of utility-scale projects in development and has actually dealt with greater than 350 self-consumption projects amounting to over 35 MW.

For Engie's Spanish system, the acquisition stands for a possibility for the business to strengthen its setting in Spain by being present throughout the whole environment-friendly power value chain - from coming from projects, implementing them, to providing the electrical energy to end customers, Engie Espana stated.