Ares ERCOT Renewable Portfolio

Ares/Engie 900MW Portfolio of PV Solar + BESS Projects in the USA - Acquisition Financing

Industry
Renewables/PV Solar + bat storage
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

Financing Ares' minority acquisition of interest in a joint-venture with ENGIE of a portfolio of renewables and storage assets in the US. The overall 0.9 GW portfolio consists of three solar projects in operation across ERCOT and MISO, and one co-located battery storage project in ERCOT.

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Deal Volume
$243.71m
Financial Close
14/03/2025
Dealmakers
Sources
Submitted by participant(s)

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Project Deals

Ares/Engie ERCOT 900MW Portfolio of PV Solar + BESS Projects in the USA
$243.71m
Greenfield
PV Solar + bat storage
North America
North America
United States