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) with compatriot Neoen SA (<a href="https://live.euronext.com/en/product/equities/FR0011675362-XPAR" target="_blank">EPA:NEOEN</a>) for the latter’s 300-MW/450-MWh Victorian Big Battery in Australia.