•  
  •  
  •  

Weekly renewables M&A round-up (Feb 17-21)

Mark Rubens/Shutterstock.com

February 21 (Renewables Now) - Renewables Now covered M&A stories related to SunPower, Pattern Energy and others over the past week. Below is the full list of deals:

-- Greencoat Renewables buys 14-MW wind park in Ireland

Irish renewable infrastructure company Greencoat Renewables Plc (LON:GRP) said it has purchased a 14.1-MW wind power facility in County Clare, western Ireland.

Read more

-- EBRD interested in 5% stake in Romania's Hidroelectrica - report

The European Bank for Reconstruction and Development (EBRD) is interested in acquiring a 5% stake in state-owned Romanian hydro power producer Hidroelectrica, local media reported.

Read more

-- Gresham House storage fund to raise GBP 30m in share issue

Gresham House Energy Storage Fund Plc (LON:GRID) launched a share placing to raise up to GBP 30 million.

Read more

-- Hellenic Petroleum to buy 204 MW of Greek solar projects from Juwi

Greek oil refiner Hellenic Petroleum SA (ATH:ELPE) said it has agreed to buy a portfolio of solar projects with a combined capacity of 204 MW in northern Greece from German renewables developer Juwi Group.

Read more

-- Brazil's CADE okays Omega Geracao's purchase of 50-MW wind park

Brazil's Administrative Council for Economic Defense (CADE) approved without restrictions the acquisition by Brazilian renewable energy company Omega Geracao SA of the 50-MW Assurua III Wind Complex.

Read more

-- Maoneng, Chint JV eyes at least 2-GW solar pipeline in Australia

Australia-based Maoneng Group and China’s Chint New Energy unveiled plans to jointly develop an Aussie solar project pipeline of at least 2 GW by 2025.

Read more

-- FP Lux Investments buys 19.2 MW of French, German wind

Luxembourg-based special fund FP Lux Investments has purchased 19.2 MW of wind parks in Germany and France that will be added to the portfolio of its Wind Infrastructure I sub-fund.

Read more

-- Canadian Solar sheds 56.3-MWp plant in Japan to Hana Financial

Canadian Solar Inc (NASDAQ:CSIQ) said it has finalised the disposal of a 56.3-MWp solar power plant in Japan’s Yamaguchi Prefecture to a subsidiary of Hana Financial Group.

Read more

-- Nautilus buys 3.5-MW community solar project in Rhode Island

Nautilus Solar Energy LLC has acquired a 3.5-MW community solar project in Cranston, Rhode Island, the company announced.

Read more

-- France's Total spends over USD 30m on SunPower stock

French oil and gas giant Total SA (EPA:FP), which is the main shareholder of SunPower (NASDAQ:SPWR), is actively increasing its ownership stake in the US solar power company.

Read more

-- AC Energy to buy majority stake in 45-MW Philippine solar park

AC Energy Inc on Wednesday announced that it can proceed with the acquisition of a majority stake in a 45-MW solar power facility on the island of Negros, the Philippines, after the country's competition commission cleared the deal.

Read more

-- Pattern Energy's board defends takeover deal with CPPIB

The board of Pattern Energy Group Inc (NASDAQ:PEGI) reaffirmed its support for the planned takeover of the company by a Canadian investor, saying that any talk about what Pattern’s standalone price would be absent the deal is speculative.

Read more

-- WEC Energy ups stake in 750-MW Midwest wind portfolio

WEC Energy Group (NYSE:WEC) has agreed to lift to 90% its shareholding in a 750-MW portfolio of Midwest wind farms developed by Invenergy LLC.

Read more

-- Siemens Gamesa gets EUR-175m loan to pay for Senvion's assets

Wind turbine maker Siemens Gamesa Renewable Energy SA (BME:SGRE) has obtained a EUR-175-million loan from Spain’s Bankia SA (BME:BKIA) to finance the acquisition of certain assets from German peer Senvion SA (ETR:SEN).

Read more

-- Greencoat UK Wind to buy 18.8-MW park from SSE

Greencoat UK Wind PLC (LON:UKW) said it will purchase an 18.8-MW wind park in Northern Ireland from UK energy group SSE Plc (LON:SSE).

Read more

-- TerraForm closes 100-MW CSP buy in Spain

US renewable power producer TerraForm Power Inc (NASDAQ:TERP) has acquired two concentrated solar power (CSP) plants totalling roughly 100 MW in Spain from NextEra Energy Spain Holdings BV, a Netherlands-based unit of NextEra Energy Inc (NYSE:NEE).

Read more

-- Wisconsin's PSC clears 150-MW solar capacity purchase by WEPCO, MGE

The Public Service Commission (PSC) of Wisconsin approved two utilities’ planned acquisition of 150 MW of solar power generating capacity in the state.

Read more

-- Hydro co Smakraft secures EUR 250m in funding

Dutch asset management firm APG said it has invested EUR 250 million in Norwegian small hydropower plants (HPPs) operator Smakraft AS for local pension fund ABP.

Read more

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription