A unit of French utility group Engie SA (<a href="https://live.euronext.com/en/product/equities/FR0010208488-XPAR" target="_blank">EPA:ENGI</a>) has signed a virtual power purchase agreement (PPA) for the capacity of Neoen SA’s (<a href="https://live.euronext.com/en/product/equities/FR0011675362-XPAR" target="_blank">EPA:NEOEN</a>) 270-MW/540-MWh Western Downs Battery Stage 1 battery project in Queensland, Australia.