Renewables Now covered M&A stories related to KKR, TenneT, BlackRock and others over the past week. Below is the full list of deals:
-- Azure solar portfolio of 400 MW attracts KKR, others - report
A number of investors, including KKR & Co Inc (NYSE:KKR), are holding early discussions for the potential acquisition of a 400-MW solar project portfolio in India from Azure Power Global Ltd (NYSE:AZRE), The Economic Times (ET) reports.
-- Fortum wraps up sale of majority in 500-MW Nordic wind portfolio
Finnish utility Fortum Oyj (HEL:FORTUM) has finalised the sale to funds advised by Credit Suisse Energy Infrastructure Partners (CSEIP) of a majority stake in a 500-MW wind asset portfolio in the Nordics.
-- France's Total to add gas-fired capacity to solar ambitions in Spain
French oil and gas major Total SA (EPA:FP) has agreed to acquire two gas-fired combined cycle power plants and a 2.5-million strong customer base in Spain from Portuguese utility Energias de Portugal SA (ELI:EDP).
-- Excelsior buys 6.3-MW solar portfolio in Minnesota
US renewable energy infrastructure investor Excelsior Energy Capital announced the purchase of a portfolio of solar projects with a combined capacity of 6.3 MW in Southern Minnesota from Nokomis Energy.
-- Germany negotiating stake buy in TenneT with Dutch govt
The German government could buy a minority stake in Tennet Holding BV, the transmission system operator (TSO) that is owned by the Dutch Ministry of Finance but has activities in both the Netherlands and Germany.