ENGIE has increased its stake in UK-based demand response and energy storage specialist KiWi Power for an undisclosed sum. The French energy services giant announced yesterday that it has acquired the shares in KiWi Power held by the company’s two co-founders, Yoav Zingher and Ziko Abram. The move builds on ENGIE’s previous investment in KiWi Power, which was made three years ago when KiWi Power and ENGIE entered into a strategic relationship to jointly develop a portfolio of demand response services and energy storage projects.
Business Green 27th Nov 2018 read more »