By Nathan Allen

French utility Engie SA (ENGI.FR) said Monday that it has agreed to buy Conti Corporation, a construction and energy-services company that operates in the U.S. and Canada.

Conti designs and builds heating and air-conditioning systems and is a leader in the construction of solar farm construction.

The acquisition will increase Engie's ability to improve the energy efficiency of its customers' assets, the company said.

Neither company disclosed financial details of the transaction.

Write to Nathan Allen at nathan.allen@dowjones.com

(END) Dow Jones Newswires

July 01, 2019 08:41 ET (12:41 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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