•  
  •  
  •  

Weekly renewables M&A round-up (July 9-15)

Mark Rubens/Shutterstock.com

July 16 (Renewables Now) - Renewables Now covered M&A stories related to Eni, Boralex, BlackRock and Van Oord over the past seven days. Below is the full list of deals:

-- Innergex JV completes buy of 140 MW of Chilean HPPs

Canadian renewable power producer Innergex Renewable Energy Inc (TSE:INE) said that Energia Llaima, where it owns 50%, has completed the acquisition of the 140-MW Duqueco hydro complex in Chile.

Read more

-- Irish wind investor Greencoat Renewables plans EUR-100m raise

Greencoat Renewables Plc (LON:GRP) announced a share issuance programme and a EUR-101-million initial placing to take advantage of Ireland's "increasingly active" secondary market for wind farms.

Read more

-- JLEN invests GBP 36m in more AD plants

UK environmental infrastructure investment fund John Laing Environmental Assets Group Ltd (LON:JLEN) said it has acquired two anaerobic digestion (AD) plants for a total of about GBP 36 million, growing its portfolio of AD investments.

Read more

-- Duke Energy closes buy of 24.9-MW solar park from Invenergy

Duke Energy Corp (NYSE:DUK) said it has closed the purchase of the already operational 24.9-MW Shoreham Solar Commons park on Long Island from developer Invenergy.

Read more

-- Japan's Pacifico Energy completes acquisitions for 100-MW solar fund

Japanese solar developer Pacifico Energy KK said it has completed the acquisitions of two solar power plants with a combined capacity 36.2 MW direct current (DC) for its first solar investment fund.

Read more

-- Eolus agrees sale of 30-MW wind project in Norway

Eolus Vind AB (STO:EOLU-B) has agreed to sell a 30-MW wind project in Norway at a preliminary price of EUR 40.7 million, the Swedish firm said.

Read more

-- NextEnergy Solar Fund buys 66.8 MWp of UK solar assets

NextEnergy Solar Fund Ltd (LON:NESF) said it has acquired 10 operating solar plants in the UK with a combined capacity of 66.8 MWp.

Read more

-- EC clears offshore wind JV for 492 MW of Belgian projects

Dutch utility Eneco and French peer Engie SA (EPA:ENGI) have secured approval by the European Commission (EC) to take stakes in the 246-MW Mermaid and 246-MW Seastar wind projects in Belgian waters.

Read more

-- Eni quits bidding race for Italian solar platform RTR

Oil and gas major Eni SpA (BIT:ENI) has left the race for acquiring RTR Rete Rinnovabile, the Italian solar power business of UK private equity group Terra Firma Capital Partners Ltd.

Read more

-- PureGen Power buys 1.2 MW solar in California

Renewables asset ownership company PureGen Power LLC announced it has acquired a 1.16-MW solar power plant in Visalia, California.

Read more

-- Boralex pockets USD 196m to fund buy of Quebec wind stakes

Boralex Inc (TSE:BLX) has raised CAD 258.8 million in public and private placements of subscription receipts, the proceeds of which will be held in escrow pending completion of its previously announced wind acquisition in Quebec.

Read more

-- ACON completes sale of Panamanian hydro to Glenfarne

US-based international private equity investment firm ACON Investments LLC has completed the sale of its Panamanian hydropower unit Hidrotenencias SA to EnfraGen Spain SA, a unit of Glenfarne Group LLC.

Read more

-- DSUN, Emergya have 75 MW of NY community solar shovel-ready

US firm Distributed Sun (DSUN) and its partner Emergya Wind Technologies (EWT) said they have sold a 75-MW community solar project portfolio in New York.

Read more

-- BlackRock lifts stake in Foresight Solar Fund

US asset manager BlackRock Inc (NYSE:BLK) has increased its stake in Foresight Solar Fund Ltd (LON:FSFL) to 17.36% from 12.97%.

Read more

-- Central Energy Fund to join 100-MW CSP project in S Africa

State-owned Central Energy Fund of South Africa will invest in the 100-MW Redstone concentrating solar power (CSP) park, a joint project of Saudi Arabia's ACWA Power and US-based SolarReserve.

Read more

-- Glenfarne raises USD 700m for investments in Chile, Panama

US-based energy and infrastructure developer Glenfarne Group LLC has secured up to USD 700 million in capital for new investments in the Americas, including for hydropower purchases.

Read more

-- Van Oord to buy offshore wind installation co MPI

Dutch offshore contractor Van Oord has signed a Letter of Intent (LoI) to acquire offshore wind installation contractor MPI Offshore for an undisclosed sum, the two firms announced.

Read more

-- FERC clears Dominion Energy's planned merger with SCANA

Dominion Energy Inc (NYSE:D) has received clearance from the Federal Energy Regulatory Commission (FERC) to merge with US electric and natural gas utility SCANA Corporation (NYSE:SCG).

Read more

-- Enel boosts Eletropaulo stake to 93.3%

Italian energy major Enel SpA (BIT:ENEL) has increased its stake in Brazilian power distributor Eletropaulo (BVMF:ELPL3) to 93.3% of its total and voting capital, according to a regulatory filing.

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