ENGIE acquires controlling stake in Simpa Energy India

Wednesday, November 14, 2018

Energy services group ENGIE Tuesday announced that it has acquired a controlling stake in Simpa Energy India Pvt Ltd and is investing to fund geographic expansion and accelerate growth. The move reinforces ENGIE’s commitment to decentralized renewable energy solutions globally and supports India’s rapid transition to clean power, an ENGIE statement said.

Photo courtesy of Wikimedia.

Source: Economic Times (link opens in a new window)

energy access, renewable energy