Renewables Now covered M&A stories related to EDPR, Canada’s Innergex, German PV maker Calyxo, Indonesian geothermal company Star Energy and Norway’s Equinor over the past seven days. Below is the full list of deals:
-- Philippines' Ayala signs MoU for large wind farm in Vietnam
Philippine group Ayala Corp (PSE:AC) confirmed media reports that it plans to invest in a 352-MW wind farm in Vietnam, but added that the project is in pre-development stages and its sizing is still subject to further review.
-- EDPR investor asks for clarification on CTG bid
One of EDP Renovaveis SA's (ELI:EDPR) minority shareholders is pushing the board of directors to consider clarifying whether interested parties can make competing takeover bids for the company before China Three Gorges Corp (CTG) registers its own offer.
-- Scatec Solar to build 47 MW of PV parks in Ukraine
Norway’s Scatec Solar ASA (OSL:SSO) has partnered with fellow solar developer Rengy Development to realise three photovoltaic (PV) projects in Ukraine with a combined capacity of 47 MW, taking a 51% stake in the assets.
-- Innergex concludes JV deal for 50% in Chile's Energia Llaima
Canadian renewable power producer Innergex Renewable Energy Inc (TSE:INE) said it has finalised a joint venture partnership through which it is acquiring a 50% stake in Chilean sector player Energia Llaima.
-- Saudi fund buys direct minority stake in ACWA Power
The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, has built a 24.98% direct and indirect equity interest in power and water infrastructure company ACWA Power, which has a significant role in the renewable energy sector.
-- Geothermal giant Star Energy eyes wider renewable opportunities
Freshly acquired geothermal company Star Energy Group Holdings Pte Ltd intends to mix its planned expansion of existing assets with the purchase of renewables both at home in Indonesia and abroad, a company official told Renewables Now.
-- Total completes 73% stake purchase in French alternative energy co
French oil major Total SA (EPA:FP) said it has completed the acquisition of a 73.04% stake in Direct Energie SA (EPA:DIREN), an electricity and gas supplier with substantial renewable assets, for about EUR 1.4 billion.