By Nadya Masidlover 
 

PARIS--French energy group Engie SA said it bought a 95% stake in Solairedirect, increasing its presence in the solar energy sector.

Engie said that the acquisition of Solairedirect will strengthen its global position and allow it to accelerate its development in renewable energy.

Solairedirect, which was founded in 2006, specializes in the construction, operation and maintenance of solar power parks, said Engie.

The company didn't disclose financial details of the deal.

-Write to Nadya Masidlover at nadya.masidlover@wsj.com

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