Engie has acquired a majority stake in energy and flexibility aggregator KiWi Power in a deal which has seen chief executive Yoav Zingher leave the company.
Engie has pointed towards solid organic growth in its renewables and networks divisions as the French energy major continues to reap the dividends of a strategic redirection.
Energy storage provider Connected Energy has secured £3 million of investment from Macquarie Group and ENGIE to fuel its growth plans in the UK and abroad.