Deals News

Abu Dhabi sovereign investor Mubadala Investment Company has acquired a USD-200-million (EUR 172.2m) stake in Greenlink, a joint venture between Equitix and Baltic Cable that operates a 504-MW subsea electricity interconnector between Great Britain and Ireland.

US renewables developer Apex Clean Energy has secured a USD-73-million (EUR 63m) royalty investment in a 311-MW wind project in the under-construction phase in Illinois.

India-based Waaree Renewable Technologies Ltd (BOM:534618) said the completion of its agreed investment in Associated Power Structures Private Limited (ASPL) will be delayed beyond the mid-June target, with the full process now expected to wrap up by June 30, 2026.

UK energy infrastructure developer Frontier Power Ltd has acquired the rights to two long-duration energy storage (LDES) projects in Scotland from Apatura Energy, adding 2.8 GWh to its already sizable LDES portfolio.

New Sources Energy NV (AMS:NSE) has inked a term sheet to take a stake in Italian geothermal drilling firm Hydro Drilling Srl (HD) as part of its strategy to invest in energy transition and critical raw material opportunities.

Dutch utility Eneco has agreed to acquire a majority stake in Polish green energy supplier Hekla Energy, gaining access to the country's energy market and an opportunity to expand its sustainable operations.