By Giulia Petroni

Engie SA (ENGI.FR) said Thursday that it signed an agreement to create a 50-50 joint venture with EDP Renovaveis SA (EDPR.LB) in fixed-and-floating offshore wind.

The agreement follows the announcement of a strategic memorandum of understanding in May to form a new entity with EDP Renovaveis to invest in offshore-wind opportunities world-wide, the French company said.

Write to Giulia Petroni at giulia.petroni@wsj.com

(END) Dow Jones Newswires

January 23, 2020 13:15 ET (18:15 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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