Weekly renewables M&A round-up (Feb 24-28)

Mark Rubens/Shutterstock.com

February 28 (Renewables Now) - Renewables Now covered M&A stories related to Northland Power, Marubeni, Pattern Energy and others over the past week. Below is the full list of deals:

-- Northland Power buying S Korean offshore wind developer Dado Ocean

Canadian power producer Northland Power Inc (TSE:NPI) has agreed to acquire wind developer Dado Ocean Wind Farm Co Ltd, which owns a portfolio of early-stage offshore wind projects in South Korea.

Read more

-- ERG expands in France with 38-MW wind buy

Italian energy company ERG SpA (BIT:ERG) said it has acquired the owners of 38 MW of wind parks in France for an enterprise value of EUR 39.6 million.

Read more

-- Solytic raises funds from Vattenfall, EWE

Swedish utility Vattenfall and energy and telecommunications group EWE AG led the latest financing round for Solytic, the solar monitoring software developer said.

Read more

-- Georgia Capital buys rest of renewables subsidiary GRPC

UK-based holding company Georgia Capital Plc (LON:CGEO) said it has agreed to purchase the 34.4% stake it does not already own in its subsidiary Georgian Renewable Power Company (GRPC).

Read more

-- Voltalia buys services firm Greensolver

French renewables company Voltalia SA (EPA:VLTSA) announced the purchase of local company Greensolver, which provides renewable power plant management services.

Read more

-- Diamond Transmission buys link to 353-MW Galloper wind farm

A consortium of Mitsubishi Corp (TYO:8058) and HICL Infrastructure Co Ltd (LON:HICL) has struck a deal to buy the transmission assets for the 353-MW Galloper offshore wind farm off the Suffolk coast.

Read more

-- 7C Solarparken's solar portfolio reaches 200 MWp

German photovoltaic (PV) plants owner 7C Solarparken AG (ETR:HRPK) announced that its total portfolio has reached 200 MWp after the most recent additions of solar systems located in Germany.

Read more

-- Greenbacker buys 5-MW wind farm in Massachusetts

New York-based Greenbacker Renewable Energy Co LLC said it has acquired the rights to a 5-MW wind farm in Massachusetts from developer Cornerstone Renewables LLC.

Read more

-- EC approves offshore wind JV by EDPR, Engie

The European Commission (EC) has given the thumbs-up to a plan by France's Engie SA (EPA:ENGI) and EDP Renovaveis SA (ELI:EDPR) to own together EDPR Offshore Espana.

Read more

-- US Solar Fund inks exclusivity deal to buy 61-MW solar bundle

US Solar Fund Plc (LON:USF) has signed an exclusivity agreement to acquire a 61-MW utility-scale solar photovoltaic (PV) portfolio in Oregon, the infrastructure investment fund said.

Read more

-- I Squared Capital selling to Marubeni 344 MW of solar in Taiwan

Global infrastructure investment manager I Squared Capital said it has agreed to sell a Taiwanese solar platform with over 340 MW of assets to Japan’s Marubeni Corp (TYO:8002).

Read more

-- Longi Solar to buy PV product maker Jiangbei Yize New Technology

Longi Solar, part of China’s Longi Green Energy Technology Co Ltd (SHA:601012), is on track to buy sector player compatriot Ningbo Jiangbei Yize New Technology Co Ltd, which owns 10 GW of solar product manufacturing capacity.

Read more

-- Pattern Energy again responds to Water Island's comments on CPPIB deal

Pattern Energy Group Inc (NASDAQ:PEGI) expressed its opinion about the comments made by minority shareholder Water Island Capital LLC regarding the proposed deal with Canada Pension Plan Investment Board (CPPIB).

Read more

More stories to explore
Share this story
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