December 30 (Renewables Now) – Renewables Now covered M&A stories about BlackRock, BP, Eni, TotalEnergies and others in the final week of 2022, as listed below.
— PPC to buy 210-MW duo of Romanian PV projects from Mytilineos
The green energy unit of Greek power utility PPC SA (ATH:PPC) has clinched an in-principle agreement with the domestic industrial group Mytilineos SA to acquire a 210-MW portfolio of solar projects in Romania.
Read more: https://renewablesnow.com/news/ppc-to-buy-210-mw-duo-of-romanian-pv-projects-from-mytilineos-809438/
— PPC Renewables wins tender to buy 46 MW of wind, solar parks
PPC Renewables, part of Greek power utility PPC SA, has been selected as the preferred bidder to acquire 46 MW of onshore wind and solar parks from Piraeus Equity Partners.
Read more: https://renewablesnow.com/news/ppc-renewables-wins-tender-to-buy-46-mw-of-wind-solar-parks-809439/
— Brazil’s Omega closes 50% stake buy in 181.5-MW wind park from EDF
Brazilian energy firms Omega Geracao SA and Omega Energia SA have concluded the acquisition of a 50% equity stake in a 181.5-MW wind power complex in Bahia state, the latter announced.
Read more: https://renewablesnow.com/news/brazils-omega-closes-50-stake-buy-in-1815-mw-wind-park-from-edf-809452/
— EDP wraps up 209-MW HPP sale in Peru to China Three Gorges
Portuguese utility Energias de Portugal SA has finalised the divestment of its interest in the 209-MW San Gaban III hydropower project in Peru to a company owned by China Three Gorges.
Read more: https://renewablesnow.com/news/edp-wraps-up-209-mw-hpp-sale-in-peru-to-china-three-gorges-809454/
— ERG buys 25-MWp solar farm in Spain from Renertia
Italian energy company ERG SpA announced on Friday that it is acquiring a 25-MWp solar power plant in Spain from an entity that is part of Spanish venture capital firm Renertia Investment.
Read more: https://renewablesnow.com/news/erg-buys-25-mwp-solar-farm-in-spain-from-renertia-809468/
— CIP heads AUD-5bn renewables hub in Queensland
Danish fund manager Copenhagen Infrastructure Partners (CIP) has agreed to acquire the assets forming the AUD-5-billion Bowen Renewable Energy Hub in Queensland, Australia.
Read more: https://renewablesnow.com/news/cip-heads-aud-5bn-renewables-hub-in-queensland-809469/
— Inox Green eyes control over fellow Indian wind O&M business
Indian wind power operations and maintenance (O&M) service provider Inox Green Energy Services Ltd unveiled its plan to take control of an unnamed sector player with a 230-MW-plus fleet.
Read more: https://renewablesnow.com/news/inox-green-eyes-control-over-fellow-indian-wind-om-business-809475/
— Poland’s Columbus selling 102.5 MW of solar farms to Engie unit
Polish photovoltaics (PV) installer Columbus Energy SA said it has agreed to sell 100% of its holding in photovoltaic (PV) projects with a total capacity of 102.5 MW to Engie Zielona Energia for over EUR 97 million.
Read more: https://renewablesnow.com/news/polands-columbus-selling-1025-mw-of-solar-farms-to-engie-unit-809486/
— NTPC, Tecnimont ponder green methanol-to-fuel project in India
Indian state-run power producer NTPC Ltd and a local subsidiary of Italian green chemistry specialist Maire Tecnimont SpA will be looking into opportunities to convert green methanol into green fuel.
Read more: https://renewablesnow.com/news/ntpc-tecnimont-ponder-green-methanol-to-fuel-project-in-india-809526/
— Nexif Energy, Ratch form renewables JV
Denham Capital-backed, Singapore-based developer Nexif Energy and Thai power producer Ratch Group plc announced the creation of a renewable energy joint venture focused on Southeast Asia and Australia.
Read more: https://renewablesnow.com/news/nexif-energy-ratch-form-renewables-jv-809562/
— Total Eren joins San Ignacio in 336-MW Philippine solar project
Total Eren SA has agreed to join the development of a 336-MW/440-MWp solar project in the Philippines that recently obtained the green light from the country’s Department of Energy.
Read more: https://renewablesnow.com/news/total-eren-joins-san-ignacio-in-336-mw-philippine-solar-project-809584/
— Altus Power to acquire US solar plant portfolio for USD 293m
US solar developer and operator Altus Power Inc has sealed a deal to buy a 220-MW solar asset portfolio from funds managed by private equity firm True Green Capital Management LLC (TGC).
Read more: https://renewablesnow.com/news/altus-power-to-acquire-us-solar-plant-portfolio-for-usd-293m-809588/
— EDPR transfers 200-MW solar park in Indiana to NIPSCO
Madrid-based renewables company EDP Renovaveis SA announced it has completed work on and transferred control of the 200-MW Indiana Crossroads solar park to Northern Indiana Public Service Co LLC (NIPSCO).
Read more: https://renewablesnow.com/news/edpr-transfers-200-mw-solar-park-in-indiana-to-nipsco-809610/
— BlackRock Alternatives invests more in Korean solar developer BEP
BlackRock Alternatives’ Climate Infrastructure business has made an additional investment of more than KRW 170 billion in Korean small-scale solar developer and independent power producer Brite Energy Partners (BEP).
Read more: https://renewablesnow.com/news/blackrock-alternatives-invests-more-in-korean-solar-developer-bep-809637/
— Poland’s Grupa Azoty close to entering 270 MWp PV project
Poland’s chemicals major Grupa Azoty said it has signed a preliminary conditional contract to buy local Solarfarm Brzezinka, a company developing a photovoltaic (PV) project with an estimated capacity of 270 MWp.
Read more: https://renewablesnow.com/news/polands-grupa-azoty-close-to-entering-270-mwp-pv-project-809648/
— BP wraps up USD-4.1bn Archaea acquisition
British oil and gas major BP Plc completed its acquisition of US renewable natural gas (RNG) producer Archaea Energy Inc, which will now be delisted from the New York Stock Exchange (NYSE).
Read more: https://renewablesnow.com/news/bp-wraps-up-usd-41bn-archaea-acquisition-809749/
— Eni’s Plenitude buys 81-MW solar farm in Texas
Plenitude, the energy transition business of Italian oil and gas company Eni SpA, has acquired an 81-MW solar park in Texas from Hanwha Qcells USA Corp, the US subsidiary of South Korea’s Hanwha Group.
Read more: https://renewablesnow.com/news/enis-plenitude-buys-81-mw-solar-farm-in-texas-809788/
— Boralex snaps up 894-MW quintet of US wind farms from EDF
Canadian renewable energy company Boralex Inc said it has wrapped up the purchase of a 50% stake in an 894-MW portfolio of US wind farms from EDF Renewables North America.
Read more: https://renewablesnow.com/news/boralex-snaps-up-894-mw-quintet-of-us-wind-farms-from-edf-809804/
— TotalEnergies seeks to buy Polish biogas group PGB
TotalEnergies Gaz & Electricite Holdings SAS, part of French oil and gas group TotalEnergies SE (EPA:TTE), has filed for antitrust approval to buy Warsaw-based Polska Grupa Biogazowa (PGB), active in biogas power generation, Polish antitrust regulator UOKiK said.
Read more: https://renewablesnow.com/news/totalenergies-seeks-to-buy-polish-biogas-group-pgb-809889/
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