ENGIE completed the acquisition of District Heating Eco Energías.

ENGIE, a low-carbon energy and services company, completed the acquisition of District Heating Eco Energías, a company specializing in the development of urban heating networks based on renewable energy. Financial terms were not disclosed. “This transaction is a clear reflection of our commitment to growth in the heating and cooling networks sector, infrastructures that we consider key in the transition towards a sustainable, efficient and decentralized energy model, as well as in the fight against climate change in cities. District Heating Eco Energías brings a solid portfolio of projects and an experienced management team that will be essential to consolidate our growth and leadership in the development and management of heating and cooling networks in Spain,” Janis Rey, ENGIE Solutions Spain Managing Director.