Renewables Now covered M&A stories about Esken, Omnes Capital, Albioma, Enel and others in the past week. Below is the full list:
— US Scale Microgrids adds 23 solar sites to portfolio
US distributed energy platform Scale Microgrids has bought a local portfolio of distributed generation solar projects across 23 sites in a push to expand its geographic footprint and diversify its asset base.
Read more: https://renewablesnow.com/news/us-scale-microgrids-adds-23-solar-sites-to-portfolio-816548/
— TotalEnergies buys 200-MW solar pipeline, biogas producer in Poland
French multi-energy group TotalEnergies SE said it has acquired a biogas producer and a 200-MW solar projects pipeline in Poland under two separate deals.
Read more: https://renewablesnow.com/news/totalenergies-buys-200-mw-solar-pipeline-biogas-producer-in-poland-816549/
— Amp Energy says not selling Australian portfolio
Canadian clean energy platform Amp Energy said it is not running a sales process for its Australian business, responding to a recent report that had mentioned it was seeking to sell its portfolio in the country.
Read more: https://renewablesnow.com/news/amp-energy-says-not-selling-australian-portfolio-816551/
— Esken launches sale of renewables division
UK aviation and renewables company Esken Ltd has started an auction for its renewables division, which provides renewable fuel supply services, as part of a strategic review process launched late last year.
Read more: https://renewablesnow.com/news/esken-launches-sale-of-renewables-division-816555/
— Spain’s Enerside inks deal to co-create 2.6-GW solar biz in Italy
Spanish integrated solar PV platform Enerside Energy SA said it had struck a deal to set up a joint company that will hold a pipeline of 2.6 GW of solar projects in Italy.
Read more: https://renewablesnow.com/news/spains-enerside-inks-deal-to-co-create-26-gw-solar-biz-in-italy-816559/
— Omnes backs Austrian-German solar developer looking to become IPP
Paris-based private equity and infrastructure investor Omnes Capital is buying “a significant stake” in an Austrian-German solar developer in which it intends to invest a three-digit million figure.
Read more: https://renewablesnow.com/news/omnes-backs-austrian-german-solar-developer-looking-to-become-ipp-816576/
— French Albioma plans acquisitions on Brazil’s DG solar market
French independent renewable energy producer Albioma SA said it is looking for new acquisitions to expand its Brazilian distributed generation (DG) solar portfolio.
Read more: https://renewablesnow.com/news/french-albioma-plans-acquisitions-on-brazils-dg-solar-market-816617/
— Queensland buys USD-3.3bn renewable power transmission link
The Queensland government will take control of an AUD-5-billion transmission line project that should help integrate up to 6 GW of renewable energy capacity in the Aussie state, premier Annastacia Palaszczuk announced.
Read more: https://renewablesnow.com/news/queensland-buys-usd-33bn-renewable-power-transmission-link-816647/
— End-to-end solar platform operator Palmetto raises USD 150m from TPG
Palmetto Solar LLC, the operator of an end-to-end digital platform for residential solar and storage solutions, has raised USD 150 million from TPG Rise Climate.
Read more: https://renewablesnow.com/news/end-to-end-solar-platform-operator-palmetto-raises-usd-150m-from-tpg-816689/
— Rebranded US geothermal tech developer XGS raises USD 19m
US geothermal energy company XGS Energy, initially founded as Geothermic Solution LLC, said it has rebranded and obtained USD 19 million in financing to develop its geothermal heat harvesting technology.
Read more: https://renewablesnow.com/news/rebranded-us-geothermal-tech-developer-xgs-raises-usd-19m-816713/
— Sonnedix buys 6 MW of solar farms in Spain
Global independent power producer (IPP) Sonnedix Power Holdings Ltd said it had wrapped up the acquisition of 6 MW of solar farms in Spain as it expands its operational capacity in the country beyond 800 MW.
Read more: https://renewablesnow.com/news/sonnedix-buys-6-mw-of-solar-farms-in-spain-816733/
— Aypa Power snaps up 268-MW battery storage duo in Indiana
Renewable and energy storage project developer Aypa Power, a Blackstone portfolio company, has taken possession of two battery storage projects in Indiana with a combined capacity of 268 MW, both in the late stages of development.
Read more: https://renewablesnow.com/news/aypa-power-snaps-up-268-mw-battery-storage-duo-in-indiana-816749/
— Energy storage firm Eguana buys Australian Solarlab
Canadian energy storage systems developer Eguana Technologies Inc has unveiled the acquisition of Australian commercial rooftop solar and energy storage solutions provider Solarlab Pty Ltd to bolster its virtual power plant (VPP) and home builders offering.
Read more: https://renewablesnow.com/news/energy-storage-firm-eguana-buys-australian-solarlab-816761/
— Enery steps into Poland with 65-MW solar project, plans more
Austrian renewable power producer Enery has acquired a greenfield 65 MW photovoltaic (PV) project in Poland in a move that marks its entry into the Central European country and unveiled expansion plans for the local market.
Read more: https://renewablesnow.com/news/enery-steps-into-poland-with-65-mw-solar-project-plans-more-816817/
— Enel to shed Romanian business to Greece’s PPC for EUR 1.26bn
Italian energy major Enel SpA has clinched a deal to offload its Romanian assets to Greek power utility PPC SA for EUR 1.26 billion amid a wider plan to reposition itself on high-growth markets.
Read more: https://renewablesnow.com/news/enel-to-shed-romanian-business-to-greeces-ppc-for-eur-126bn-816859/
— Marathon Petroleum buys into RNG producer LF Bioenergy
US oil refining company Marathon Petroleum Corp said it has taken a 49.9% stake in local emerging renewable natural gas (RNG) producer LF Bioenergy in a deal valued at up to USD 100 million.
Read more: https://renewablesnow.com/news/marathon-petroleum-buys-into-rng-producer-lf-bioenergy-816865/
— Silfab bags funds for 1-GW solar cell production project in US
North American photovoltaic (PV) module manufacturer Silfab Solar Inc has obtained USD 125 million in a second investment round led by private equity fund manager ARC Financial Corp.
Read more: https://renewablesnow.com/news/silfab-bags-funds-for-1-gw-solar-cell-production-project-in-us-816868/
— CEE buys 53-MWp Dutch PV project from BayWa
German renewable energy asset manager CEE Group has acquired a photovoltaics (PV) project in the Netherlands with a nominal capacity of 53 MWp from renewables company BayWa r.e. AG.
Read more: https://renewablesnow.com/news/cee-buys-53-mwp-dutch-pv-project-from-baywa-816881/
— CIP snaps up South African renewables developer Mulilo
Copenhagen Infrastructure Partners (CIP) said it has acquired a majority stake in South African renewable energy developer Mulilo Energy Holdings, which has a large pipeline of projects.
Read more: https://renewablesnow.com/news/cip-snaps-up-south-african-renewables-developer-mulilo-816937/
— Pacifico sells 45-MWp Italian solar trio to Greece’s Mytilineos
Germany’s Pacifico Energy Partners GmbH said it has offloaded three solar projects in Italy with a combined capacity of roughly 45 MWp to a unit of Greek industrial group Mytilineos SA.
Read more: https://renewablesnow.com/news/pacifico-sells-45-mwp-italian-solar-trio-to-greeces-mytilineos-816995/
— Axpo acquires 20-MW battery project in Sweden
Swiss utility Axpo Holding AG has acquired a 20-MW/20-MWh battery energy storage project in Landskrona, southern Sweden, from UK-based renewables company RES and Nordic battery developer SCR, the parties said.
Read more: https://renewablesnow.com/news/axpo-acquires-20-mw-battery-project-in-sweden-817004/
— Saskatchewan’s largest wind project reaches fin close
Innagreen, a renewables platform set up in 2021, and a Cowessess First Nation-owned entity have jointly acquired the 200-MW Bekevar wind energy project in Saskatchewan, Canada, from UK-based developer RES, according to an announcement.
Read more: https://renewablesnow.com/news/saskatchewans-largest-wind-project-reaches-fin-close-817023/
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