Hannon Armstrong to acquire a 49% stake in a 2.3 GW portfolio of US wind and solar projects from Engie.

Hannon Armstrong, an investor in climate change solutions, agreed to acquire a 49% stake in a 2.3 GW portfolio of US wind and solar projects from Engie, a French multinational electric utility company. Financial terms were not disclosed. "We have a shared mission to accelerate to the rapid adoption of climate change solutions, and we are pleased to partner with ENGIE once again to that end. This investment adds significant scale and diversity to our portfolio," Jeffrey W. Eckel, Hannon Armstrong Chairman and CEO.