Weekly renewables M&A round-up (Aug 15-19)
Aug 19, 2022 17:14 CESTAugust 4 (Renewables Now) - Italian energy company Edison (BIT:EDNR) has acquired 40 MW of wind power assets located in the regions of Sicily and Puglia, increasing its presence in its home country.
Specifically, Edison bought 100% of Vibinum Srl from Futuren Group, a unit of French group EDF (EPA:EDF), and 90% of Aerochetto Srl, of which a 51% stake came from Futuren and a 39% interest from Repower Spa.
Aerochetto and Vibinum own 30 MW and 10 MW of wind capacity, respectively. Together, they are capable of meeting the energy needs of about 24,695 families and offset around 30,817 tonnes of carbon dioxide (CO2) emissions per year.
Over the next years, these wind parks may be repowered, Edison points out in the press release.
With the 40 MW of wind included, the energy company has a total wind and solar installed capacity of 1.1 GW and aims to increase this amount to 4 GW by 2030.
Weekly renewables M&A round-up (Aug 15-19)
Aug 19, 2022 17:14 CESTEnel Russia sues Siemens Gamesa for USD 383m - report
Aug 19, 2022 17:13 CESTMaxeon's net loss widens in Q2, accelerates US capacity plans
Aug 19, 2022 15:17 CESTGerman-NZ team to study new catalyst materials for electrolysis
Aug 19, 2022 14:59 CESTSource Energie's floating-wind-to-H2 plans align with Crown Estate map
Aug 19, 2022 14:52 CESTEquinor talks offshore wind, H2 in Vietnam with local oil & gas major
Aug 19, 2022 13:42 CEST