-- Brookfield does not plan takeover of Australia's Infigen
Canada’s Brookfield Asset Management Inc (TSE:BAM.A) has no intention, for now, of making a buyout bid for Australian renewable power producer Infigen Energy (ASX:IFN) in which it recently bought a minority stake.
-- Total to grow in power supply and renewables via Direct Energie M&A plan
French oil major Total SA (EPA:FP) is looking to expand in the field of power generation and supply through a planned acquisition of Direct Energie SA (EPA:DIREN), which boasts a 550-MW renewables portfolio and a 2-GW pipeline of similar projects.
-- Lightsource BP, Everstone set up India-focused green fund JV
Lightsource BP has teamed up with private equity investor Everstone Group to create a joint venture (JV) green fund targeting investment in power, distribution infrastructure and energy services in India.
US firm EnSync Energy Inc (NYSEAMERICAN:ESNC), doing business as EnSync Energy Systems, has sold to an undisclosed investor its 660-kW power purchase agreement (PPA) with Hawai'i Pacific University (HPU).
-- Wunder Capital raises USD 112m to step up solar project lending
Wunder Capital, a US financial technology company providing financing to solar projects, has raised USD 112 million in equity and debt to support its expansion in the commercial photovoltaic (PV) market.
-- Enel Brasil makes improved proposal for Eletropaulo
Enel Brasil Investimentos Sudeste SA, which earlier this week made a proposal to acquire Eletropaulo Metropolitana Eletricidade de Sao Paulo SA, has improved the terms of its voluntary tender offer for the Brazilian power distribution company.