-- Trading of Siemens Gamesa shares suspended after takeover whispers
Spanish stock market regulator CNMV suspended trading of shares in wind turbine maker Siemens Gamesa Renewable Energy SA (BME:SGRE), citing “circumstances that could disturb the orderly course of transactions on such instruments”.
-- Hedge fund Elliot wants regional split of Duke Energy
Elliott Investment Management LP, which says it is a “top 10 investor” in Duke Energy Corp (NYSE:DUK), is pushing the US utilities group to consider a tax-free separation into three regionally-focused and publicly-traded companies.
-- France's Engie targets 80 GW of installed renewables by 2030
French energy company Engie SA (EPA:ENGI) announced plans to increase its investments in the renewable energy sector as well as to generate between EUR 9 billion and EUR 10 billion from disposals of non-core operations by 2023, in a bid to simplify its structure and boost shareholder value.
-- SkySpecs expands wind technology offering with two acquisitions
SkySpecs Inc, a US provider of digital asset management for the wind energy sector, announced the purchase of two wind technology firms -- Irish financial asset manager Fincovi and Danish artificial intelligence (AI) company Vertikal AI.
-- Adani Green to buy SB Energy India in USD-3.5bn deal
Indian renewables developer Adani Green Energy Ltd (BOM:541450) has agreed to buy SB Energy Holdings Ltd, which owns a roughly 5-GW renewables portfolio in India, in a deal that puts a USD-3.5-billion enterprise value on the target.
-- China's Recon to explore energy storage, other renewables tech
Chinese oil and gas field service company Recon Technology Ltd (NASDAQ:RCON) has decided to explore various renewable energy technologies, including energy storage, micro-grids, energy management and blockchain-based energy trading.
-- BayWa r.e. acquires Czech wholesaler of PV equipment
German renewables developer BayWa r.e. AG announced that it has acquired Solid Power Distribution s.r.o, a Czech wholesaler of components for solar PV systems and authorised distributor for major brands such as JinkoSolar Holding Co Ltd (NYSE:JKS) and GoodWe.
-- Motor Oil closes buy of 240-MW wind farm bundle in Greece
Greek petroleum refiner Motor Oil Hellas SA (FRA:MHZ) has completed the acquisition of a 240-MW portfolio of operational and under-construction wind parks at home in a cash deal worth EUR 117.1 million.
-- EDF, GIG to take stakes in French agrivoltaic biz with 2.4-GW portfolio
EDF Renouvelables, the renewables business of French utilities group Electricite de France SA (EPA:EDF), and Cero Generation, a European solar energy company, have signed a share purchase agreement to each acquire a 45% stake in France-based agrivoltaic specialist Green Lighthouse Development (GLHD).