French energy Engie has actually protected more than $1 billion in tax equity financing from JPMorgan, Goldman Sachs and BNP Paribas to fund 6 just recently announced renewable projects in U.S. markets, the business stated on Tuesday.

The markets remain in the Electric Reliability Council of Texas ( ERCOT), Midcontinent Independent System Operator (MISO) and Southwest Power Pool (SPP) with an aggregate capability of 1.3 gigawatts (GW), consisting of 950 megawatts (MW) of solar and 353 MW of wind.

Together the deals represent one of the largest tax equity funding contracts for Engie North America, the company's. Houston-based unit.

It did not instantly respond to a request for remark.

Engie said on Thursday it took a 714 million euro ($ 774. million) disability charge last year due to problems with onshore. U.S. wind turbines and a fall in long-lasting energy prices in the. Southwest Power Swimming pool, which runs from Montana to New Mexico.

The business has more than 7 GW of renewable production in. operation or under construction across in North America. Internationally, it aims to add 4 GW per year through 2025, enough. capability to provide power to more than 3 million homes a year.