Renewables Now covered M&A stories related to Infigen, Total SA, EDF and others over the past week. Below is the full list of deals:
-- Creditor raises concern about Sky Solar go-private offer
Hudson Sustainable Investments LLC, a US asset manager that is a creditor of Sky Solar Holdings Ltd (NASDAQ:SKYS), raised concerns about the possibility of the Hong Kong-based power producer accepting a recent go-private proposal.
-- UAC, AC Energy unveil USD-539m takeover bid for Australia's Infigen
A joint venture between UPC Renewables Australia and AC Energy Group has made an AUD-777-million takeover bid for Infigen Energy (ASX:IFN) after buying a 12.82% stake in the Aussie renewable power plants operator.
-- Romania's Electrica considering joint bid for CEZ assets with SAPE, Hidroelectrica
Romanian power supplier and distributor Electrica [BSE:EL] said it is exploring the possibility to bid for the local assets of Czech energy group CEZ in a potential tie-up with the Energy Shareholdings Administration Association (SAPE) and state-owned hydro power producer Hidroelectrica.
-- SSE awards Seagreen 1 contracts as Total buys project stake
SSE Renewables announced the final investment decision (FID) for the roughly 1.1-GW Seagreen 1 offshore wind development in Scottish waters along with a number of related deals and contracts such as Total SA’s (EPA:FP) purchase of a majority stake in the project.
-- Walney Extension inks deal for sale of transmission assets
Walney Extension Limited, which owns the 659-MW Walney Extension wind farm in the Irish Sea, said it has inked a deal as part of which transmission assets worth GBP 447 million will be sold to Diamond Transmission Partners Walney Extension.
-- Daqo New Energy plans listing of subsidiary on STAR Market
Chinese polysilicon maker Daqo New Energy Corp (NYSE:DQ) plans a listing of its principal operating subsidiary on the Shanghai Stock Exchange's Sci-Tech innovation board, also known as the STAR Market, in the next two years.
Australian wind farm development and management firm Windlab Ltd (ASX:WND) said that 99.61% of its shareholders have supported a takeover by investment vehicle Wind Acquisition 1 Pty Ltd and Squadron Wind Energy Development Pty Ltd.