Weekly renewables M&A round-up (Nov 1-5)

Mark Rubens/Shutterstock.com

November 5 (Renewables Now) - Renewables Now covered M&A stories about Eni, Envision, Ørsted, KKR and others over the past week. Below is the full list:

-- Brazil's Equatorial to acquire Actis-held renewables platform Echoenergia

Brazilian energy company Equatorial Energia SA (BVMF:EQTL3) announced it has entered into an agreement to fully acquire Sao Paulo-based renewable energy firm Echoenergia Participacoes SA.

Read more

-- SSE Renewables, Pacifico set up Japanese offshore wind JV

SSE Renewables, part of UK energy company SSE Plc (LON:SSE), has entered a joint venture (JV) with renewable energy developer Pacifico Energy to develop offshore wind projects in Japanese waters.

Read more

-- AC Energy, CleanTech Global to form 200-MW solar JV in the Philippines

Philippines-based AC Energy Corp (PSE:ACEN) said it has secured board approval to set up a joint venture (JV) with compatriot CleanTech Global Renewables Inc to work on a 200-MW SC solar project in the Philippines’ Cagayan province.

Read more

-- Aquila, Nippon Koei to jointly sponsor 25-MW/100-MWh BESS project in Belgium

German asset manager Aquila Capital Investmentgesellschaft mbH and Japanese engineering company Nippon Koei Co Ltd (TYO:1954) have jointly acquired a 25-MW/100-MWh battery storage project in Ruien, Belgium, and reached financial close for the scheme.

Read more

-- Greencoat UK Wind, partners to take 25% of 258-MW Burbo Bank Extension

Greencoat UK Wind Plc (LON:UKW) announced it is taking part in a consortium to acquire a 25% stake in the 258-MW Burbo Bank Extension offshore wind farm in UK waters.

Read more

-- Eni to buy stake in 1.2-GW Dogger Bank C offshore wind project

Italian oil-and-gas major Eni SpA (BIT:ENI) has entered into agreements with Norway’s Equinor ASA (NYSE:EQNR) and UK’s SSE Renewables to acquire a 20% stake in the 1.2-GW Dogger Bank C offshore wind project in UK waters, the trio said in separate announcements.

Read more

-- ILI Group sells 50-MW Scottish battery project to Field

Scotland-based clean energy developer Intelligent Land Investments Group (ILI Group) said it has sold its 50-MW Auchteraw battery storage project in the Scottish Highlands to Field.

Read more

-- Chinese green tech firm Envision secures USD-1bn investment

Chinese green technology firm Envision Group has obtained an investment of more than USD 1 billion from California-based Sequoia Capital, Singapore’s GIC Private Ltd and China’s Primavera Capital.

Read more

-- Axpo buys minority stake in Swiss Green Gas International

Swiss renewable power producer and energy trader Axpo Holding AG has acquired a 25% interest in Swiss Green Gas International Ltd, which develops power-to-X plants for the production of green hydrogen and synthetic methane in Northern Europe.

Read more

-- OMERS Infrastructure to acquire US distributed solar firm Navisun

Canadian investor OMERS Infrastructure said it has agreed to acquire US distributed generation solar power producer Navisun LLC from a fund managed by Ares Management Corp (NYSE:ARES).

Read more

-- OX2 buying rights to 150-MW Swedish wind project from Vattenfall

Swedish renewables developer OX2 has sealed an agreement to buy the rights to a roughly 150-MW wind project in Sweden from domestic state-owned utility Vattenfall AB.

Read more

-- EDP Renewables buys into Sunseap in Asian renewables push

EDP Renewables (ELI:EDPR) has acquired a major unspecified holding in Singapore-based solar developer and operator Sunseap Group Pte Ltd, as part of a strategy to expand its own presence in the Asian renewable energy sector as well as to foster opportunities for collaboration in energy storage and green hydrogen.

Read more

-- Enertrag sets up JV to enter Spanish renewables market

German renewables developer Enertrag AG has formed a joint venture with Spanish peer TeXla Energías Renovables that will implement a 255-MW pipeline of mixed wind and solar projects in southern Spain.

Read more

-- Ørsted closes sale of 50% stake in Greater Changhua 1 wind farm offshore Taiwan

Ørsted A/S (CPH:ORSTED) said it has completed the divestment of a 50% stake in the 605-MW Greater Changhua 1 offshore wind project in Taiwan.

Read more

-- JinkoSolar to invest USD 70m in Chinese polysilicon JV with Tongwei

Chinese solar modules maker JinkoSolar Holding Co Ltd (NYSE:JKS) intends to invest CNY 450 million in a subsidiary of Tongwei Co Ltd (SHA:600438) to support the construction of a high-purity polysilicon production line.

Read more

-- Montenegro's EPCG to assume full ownership of Gvozd wind farm project co

Montenegro's majority state-owned power utility Elektroprivreda Crne Gore (EPCG) [BEL:EPCG] said it signed an agreement with Austria's Ivicom Holding to assume the full ownership of Green Gvozd, the company that will build the Gvozd wind farm.

Read more

-- Falck to buy 55-MW shovel-ready wind duo from European Energy

The Finnish subsidiary of Italy’s Falck Renewables SpA (BIT:FKR) has struck a deal to acquire 55 MW of ready-to-build wind farms in Finland from Danish wind and solar developer European Energy.

Read more

-- Total Eren buys 74-MWp solar farm in Cambodia from Risen Energy

Paris-based independent power producer Total Eren has acquired a 73.9-MWp solar PV farm in Cambodia to enter the renewable energy market in the country.

Read more

-- Mainova buys 25% stake in 175 MWp solar project in Germany

German regional energy supplier Mainova AG (FRA:MNV6) has acquired nearly 25% of a 175-MWp solar project which will be built next year in the state of Brandenburg.

Read more

-- Greenbacker boosts US footprint with 19.5-MW solar portfolio buy

Greenbacker Renewable Energy Company LLC (GREC) announced it has acquired a 19.5-MW DC portfolio of operating solar projects in the US, expanding its footprint in New England and notching its first acquisition in Rhode Island.

Read more

-- KKR invests USD 2bn in Korean clean energy-focused firm SK E&S

KKR & Co Inc (NYSE:KKR) has made a KRW-2.4-trillion investment in SK E&S which the member of South Korean conglomerate SK Group will use as it grows and transitions into a clean energy solution provider.

Read more

-- BayWa r.e. subsidiary buys mounting systems maker PV Integ

Novotegra GmbH, a subsidiary of German renewables developer BayWa r.e. AG, has agreed to acquire Swiss mounting systems manufacturer PV Integ AG in a push to expand its portfolio with mounting systems for green and gravel roofs.

Read more

-- Koura to acquire battery tech start-up Silatronix

Boston-based fluoroproducts firm Koura said it has agreed to acquire Madison, Wisconsin-based battery technology start-up Silatronix to respond to the growing demand for energy storage.

Read more

Join Renewables Now's free daily newsletter now!

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
\