By Nathan Allen 
 

Engie SA (ENGI.FR) said Wednesday that it will develop a 342-megawatt wind farm in Spain's Aragon region in partnership with Natixis's (KN.FR) subsidiary Mirova and Spanish renewables company Grupo Forestalia.

Engie will participate in the project as an equity investor and as an energy manager, selling electricity generated by the project to the wholesale market, it said.

The project, known as Phoenix, will comprise 10 wind farms with the capacity to generate 1,000 gigawatt hours a year of green energy, Engie said.

The project will create more than 800 jobs in the construction phase and 50 permanent jobs when it begins operations, Engie said.

 

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

 

(END) Dow Jones Newswires

April 03, 2019 07:27 ET (11:27 GMT)

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