Tag: EnCap Energy Transition
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ENGIE acquires Houston energy storage business Broad Reach Power for $1 billion
French multinational utility company ENGIE has agreed to acquire the battery storage business of Houston-based Broad Reach Power for $1 billion. The deal was made with EnCap Energy Transition and its co-investment partners Yorktown Partners, Mercuria Energy and Apollo Infrastructure Funds. “Our firm’s success is a direct result of the tireless dedication of our team, who go above and beyond every day” said……