Renewables Now covered M&A stories about Vattenfall, Iberdrola, EDF, AEP and others in the past week. Below is the full list:
— Greencoat to buy BT-contracted Scottish wind farm from BayWa
Greencoat UK Wind Plc said it has agreed to acquire a 42-MW wind farm in Scotland’s South Lanarkshire from German renewables developer BayWa r.e. AG.
Read more: https://renewablesnow.com/news/greencoat-to-buy-bt-contracted-scottish-wind-farm-from-baywa-819249/
— Niam takes control of Swedish solar-as-a-service firm Bright Sunday
Swedish real asset investment firm Niam has taken a majority stake in Bright Sunday AB, a local solar-as-a-service provider active in Portugal and Spain, with a commitment to expand the business to other markets.
Read more: https://renewablesnow.com/news/niam-takes-control-of-swedish-solar-as-a-service-firm-bright-sunday-819253/
— Vattenfall buys 765 MW of Danish open-door offshore wind projects
Swedish utility Vattenfall AB said it has acquired 765 MW of offshore wind projects in Danish waters being developed under the country’s open-door scheme that was temporarily suspended earlier this year.
Read more: https://renewablesnow.com/news/vattenfall-buys-765-mw-of-danish-open-door-offshore-wind-projects-819359/
— EDF Renewables, AEP unit ink 425-MW solar deal in Indiana
EDF Renewables North America unveiled equity and power off-take deals with a unit of utility American Electric Power involving 425 MW of solar capacity in Indiana.
Read more: https://renewablesnow.com/news/edf-renewables-aep-unit-ink-425-mw-solar-deal-in-indiana-819360/
— Infrastructure India to shed 41-MW wind duo to FA Power
Infrastructure India Plc has signed a conditional deal to offload a subsidiary that owns two wind farms in India totalling 41.3 MW after a previously agreed plan for the divestment was cancelled.
Read more: https://renewablesnow.com/news/infrastructure-india-to-shed-41-mw-wind-duo-to-fa-power-819375/
— Arise wraps up investment in Finnish wind, solar firm Pohjan Voima
Swedish onshore wind farms developer Arise AB has completed the purchase of a 51% stake in Pohjan Voima Oy, a Finnish onshore wind and solar company with a project portfolio of about 1.7 GW.
Read more: https://renewablesnow.com/news/arise-wraps-up-investment-in-finnish-wind-solar-firm-pohjan-voima-819403/
— Greenvolt to sell 8-MWp wind project in Poland
Portuguese renewables company Greenvolt – Energias Renovaveis SA inked a letter of intent with an unnamed party for the sale of an 8-MWp wind project in northwest Poland.
Read more: https://renewablesnow.com/news/greenvolt-to-sell-8-mwp-wind-project-in-poland-819406/
— Ethical Power acquires UK solar development team with 250-MW pipeline
Ethical Power Development Ltd, part of UK renewables firm Ethical Power Group, said it has acquired the development business of Public Power Solutions Ltd (PPS), taking over its development team and project pipeline.
Read more: https://renewablesnow.com/news/ethical-power-acquires-uk-solar-development-team-with-250-mw-pipeline-819420/
— Schroders Greencoat, Innova form solar-storage JV targeting 5 GW
Renewables-focused investment manager Schroders Greencoat LLP and solar and storage developer Innova Renewables have set up a new platform in the UK looking to finance and develop a 5-GW renewable energy portfolio over the next three to five years.
Read more: https://renewablesnow.com/news/schroders-greencoat-innova-form-solar-storage-jv-targeting-5-gw-819495/
— Iberdrola to sell power assets to Mexico’s govt in USD-5.94bn deal
Spanish utility group Iberdrola SA struck an agreement to sell 8,436 MW of combined-cycle gas plants and a wind farm in Mexico to the Mexican government in what president Andres Manuel Lopez Obrador called a “new nationalisation” of the electricity industry.
Read more: https://renewablesnow.com/news/iberdrola-to-sell-power-assets-to-mexicos-govt-in-usd-594bn-deal-819521/
— Octopus Energy invests in Japanese solar developer
Britain’s Octopus Energy has made a “seven figure” investment in Japanese solar developer Yotsuya Capital in its first move into the Asian renewables market.
Read more: https://renewablesnow.com/news/octopus-energy-invests-in-japanese-solar-developer-819532/
— ALLETE transfers 92-MW wind farm to Wisconsin utilities
ALLETE Clean Energy, a unit of US energy company ALLETE Inc, said it has completed the sale of the 91.6-MW Red Barn wind project in Wisconsin to Wisconsin Public Service Corp (WPS) and Madison Gas and Electric Co (MGE).
Read more: https://renewablesnow.com/news/allete-transfers-92-mw-wind-farm-to-wisconsin-utilities-819550/
— Sun Pacific Holding buys land for 1.2-GW solar factory in Alabama
US solar panels and smart city solutions company Sun Pacific Holding Corp has executed a contract to acquire terrain in Elba, Alabama, as part of a plan to build a 1.2-GW solar panel manufacturing and clean power generation plant.
Read more: https://renewablesnow.com/news/sun-pacific-holding-buys-land-for-12-gw-solar-factory-in-alabama-819608/
— Octopus funds, RES establish UK green hydrogen JV
Octopus Renewables Infrastructure Trust plc, together with another fund managed by Octopus Energy Generation, has established a green hydrogen joint venture with UK-based renewables developer Renewable Energy Systems (RES).
Read more: https://renewablesnow.com/news/octopus-funds-res-establish-uk-green-hydrogen-jv-819609/
— SUSI invests in solar developer Asia Clean Capital Vietnam
Swiss fund manager SUSI Partners has reached an agreement to invest in Asia Clean Capital Vietnam (ACCV), a developer of rooftop and ground-mounted solar photovoltaic (PV) projects.
Read more: https://renewablesnow.com/news/susi-invests-in-solar-developer-asia-clean-capital-vietnam-819647/
— CPV closes acquisition of 81.5-MW wind portfolio in Maine
Competitive Power Ventures (CPV) said it has acquired four operating wind farms in the state of Maine with a combined capacity of 81.5 MW from Patriot Renewables LLC and other project owners.
Read more: https://renewablesnow.com/news/cpv-closes-acquisition-of-815-mw-wind-portfolio-in-maine-819664/
— Ethical Power JV buys 26-MW solar project in England
Lynher Energy has acquired a 26.1-MW solar project in Shropshire in the West Midlands region of England from Low Carbon Alliance Ltd and landlord Cheswell Grange, it was announced.
Read more: https://renewablesnow.com/news/ethical-power-jv-buys-26-mw-solar-project-in-england-819687/
Choose your newsletter by Renewables Now. Join for free!
