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Engie buys 51% Mirova stake in 194MW Goya

RICHARD HEAP

January 9, 2024

Engie has bought Mirova’s 51% stake in the 194MW Goya wind complex in Spain’s Zaragoza region, to grow its share of the project to 66%.

The Goya project is made up of seven wind farms in Aguilon, Azuara, Herrera de los Navarros and Fuendetodos that have been in operation since 2020.

Loreto Ordóñez, chief executive of Engie in Spain, said: “With the acquisition of the stake held until now by Mirova, Engie increases its ambition and commitment to actively contribute to the construction of a future in which energy is cleaner, more sustainable and more affordable for all.”

Raphaël Lance, head of energy transition funds at Mirova, said: “The Goya project was a landmark transaction for Mirova Eurofideme 3 as being the first project developed by Forestalia under the new Spanish tender regime of 2016. It took a lot of dedication, creativity and energy from our investment team, industrial and financial partners to make it happen.”

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