-- Brazil's CPFL Energia makes offer to buy State Grid's stake in renewables arm
Brazilian energy company CPFL Energia (BVMF:CPFE3) has entered into a memorandum of understanding (MoU) with its controlling shareholder State Grid Brazil Power Participacoes SA aimed at buying the latter's shares in CPFL Energias Renovaveis (BVMF:CPRE3).
-- EDP, Engie to form co-controlled offshore wind major
Portuguese utility Energias de Portugal SA (ELI:EDP) and its French peer Engie SA (EPA:ENGI) have signed a memorandum of understanding (MoU) by which they have agreed to form a 50/50 joint venture to explore opportunities in the offshore wind market.
-- Jacques Veyrat refutes rumours over Neoen sale plan - report
Jacques Veyrat does not plan to sell renewable power producer Neoen SAS (EPA:NEOEN), he has told Les Echos, thus rebuffing an earlier media report saying that the French businessman would be ready to shed Neoen in exchange for a minority interest in domestic energy company Engie (EPA:ENGI).
-- Enertis says Goldman Sachs bought 500 MW of solar in Q1
Goldman Sachs Renewable Power LLC has acquired more than 500 MW of solar capacity in the first quarter of 2019, according to Enertis, the consulting and engineering firm that provided technical due diligence for the buyer.
-- GCL to sell majority stake in 977-MW Chinese solar portfolio
GCL-Poly Energy Holdings Ltd (HKG:3800) and its majority-owned unit GCL New Energy Holdings Ltd (HKG:0451), or GNE, have agreed to sell controlling stakes in 19 Chinese solar power plants with a total capacity of 977 MW.
-- Innergex sells HS Orka stake to Jarovarmi, not Macquarie
Innergex Renewable Energy Inc (TSE:INE) has finalised the sale of its controlling stake in Icelandic geothermal company HS Orka hf, but instead to a fund managed by Macquarie it sold the interest to Jarovarmi slhf.
-- Infigen says buying gas plant to further expand in renewables
Australia’s Infigen Energy (ASX:IFN) announced the acquisition of a 109-MW gas plant in New South Wales, saying this would allow the company to profitably grow intermittent renewable energy generation by 300 MW to 400 MW.
-- Toshiba, Siemens Gamesa are among Senvion suitors - report
Japan’s Toshiba Corp (TYO:6502), Siemens Gamesa Renewable Energy SA (BME:SGRE) are among the companies considering the acquisition of German wind turbine maker Senvion SE (ETR:SEN), Manager Magazine reports.