Green Charge Networks Plans Global Energy Storage Expansion After Engie Deal

French electric utility Engie has taken an 80 percent stake in behind-the-meter smart energy storage firm Green Charge Networks, the companies announced last week. The deal will help accelerate Green Charge’s global expansion plans, CEO Vic Shao tells CleanTechIQ.

And the acquisition gives Engie a “strong position in the growing battery storage market in the U.S. and further develops its offering of load management solutions at customer sites,” Frank Demaille, president and CEO of the North American business unit of Engie, says in a statement.

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