Orrick Advises ENGIE on Expanding Partnership with Ares Management with Addition of Nearly 1 GW of Solar and Storage Assets in the U.S.
3 minute read | April.15.2025
Orrick advised ENGIE North America (ENGIE) on expanding its partnership with Ares Management Infrastructure Opportunities funds (Ares) through the addition of nearly 1 GW of solar and storage assets in the U.S. ENGIE will maintain a controlling share in the portfolio and continue to operate and manage the assets.
THE COMPANY
ENGIE North America is part of the ENGIE Group, a global leader in the energy transition. ENGIE is committed to accelerating the transition towards a carbon-neutral economy, investing more than $10 billion annually to advance the energy transition and achieve its net zero carbon goal by 2045.
THE IMPACT
The transaction supports ENGIE’s strategy of continued investment in North America by deepening its partnership with a leading infrastructure investor and facilitating the expansion of renewable energy generation.
“The expansion of our relationship with Ares reflects the strength of ENGIE’s portfolio of assets and our track record of delivering, operating and financing growth in the U.S.,” said Dave Carroll, Chief Renewables Officer and SVP, ENGIE North America. “The addition of another almost 1 GW of generation and storage to our existing relationship reflects the commitment both ENGIE and Ares have to meeting growing demand for power in the U.S. and continuing to deploy clean energy.”
THE TEAM
Orrick’s Brad Gathright led the team that advised ENGIE North America. The team also included Wolf Pohl, Cory Lankford, Spencer Sinclair, Arden Dion, Calvin Vaughan, Chelsea Munoz-Patchen and Kayla Grant.