By Alberto Delclaux 
 

Engie SA (ENGI.FR) said Monday it has signed financing agreements to build a 208-megawatt Tonstad wind farm in Norway, alongside Susi Partners AG.

The French energy company is constructing the park and will provide operational support once built. Engie will keep a 20% stake in the project, while Susi will hold the other 80%.

Engie also said Norway's Hydro Energi AS signed a 25-year power-purchase agreement for all the electricity produced.

The farm will consist of 51 wind turbines supplied by Siemens Gamesa Renewable Energy SA (SGRE.MC), Engie said.

 

Write to Alberto Delclaux at alberto.delclaux@dowjones.com

 

(END) Dow Jones Newswires

July 02, 2018 05:53 ET (09:53 GMT)

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