Engie to Sell North Ameican Gas Plants

French gas and power group Engie has signed a mandate with Bank of America Merrill Lynch for the sale of its gas plants in North America, French weekly La Lettre de L'Expansion reported on Monday.

An Engie spokesman declined to comment on the report.

Engie unit GDF Suez North America has an ownership interest in 13.1 gigawatts of electric power and co-generation capacity, of which close to 1 GW is powered by renewable sources, according to the firm's financial documents.

Reporting by Geert De Clercq