Engie has acquired the Langa Group.
Gwenaelle Huet, CEO of Engie France Renewables, stated: "Engie and Langa are among the leading French companies developing solar energy. The alliance of the two Groups and in particular the specific skills of Langa teams on roofs and ground-based power plants, as well as the general portfolio of projects being developed, will incontestably make Engie a leader of the sector in the country. It is thus with great pride that we will welcome Langa’s personnel to Engie."
Gilles Lebreux, founder and CEO of the Langa group, stated: "The clarity and determination shown through the acquisition proposal as well as the business proposal put forward by Engie were key factors in the decision of the shareholders of the group to project Langa into the future. The managerial team has gradually been able to position itself as a major actor in the development of renewable energy in France and in particular in 2017, by winning many calls for tender launched by the CRE. The partnership with TERRE et LAC and the support from ASTRIS FINANCE, as financial advisor, have been major factors in the development of the Langa group as well as in the timeliness of this alliance."