- Press Releases
December 3 (Renewables Now) - Renewables Now covered M&A stories about Acciona Energia, Sembcorp, 3i Infrastructure and others over the past week. Below is the full list:
-- Renewables investor Triple Point nabs 4-MW hydro portfolio in Scotland
Triple Point Energy Efficiency Infrastructure Company Plc (LON:TEEC) announced the acquisition of a portfolio of six operational, run-of-river hydroelectric power generation assets in Scotland with a total installed capacity of 4.1 MW.
-- Acciona Energia sets foot in Brazil with 850-MW wind acquisition
Spanish renewables developer Corporacion Acciona Energias Renovables SA (BME:ANE), doing business as Acciona Energia, has signed an agreement to acquire roughly 850 MW of wind projects in Brazil and thus enter the country's renewable energy market.
-- iSun invests in solar developer Encore to expand geographically
US solar and electric mobility infrastructure firm iSun Inc (NASDAQ:ISUN) has agreed to buy a minority stake of an undisclosed value in commercial solar developer Encore Renewable Energy.
-- Energy Dome secures funding, partner for new CO2 energy storage projects
Energy Dome SpA announced that it has closed a funding round securing USD 11 million to finalise the construction of a demonstration 2.5-MW/4-MWh carbon dioxide (CO2) battery storage project in Sardinia and to speed up business growth.
-- NextEra to sell rest of 2.5-GW renewables portfolio to Ontario Teachers'
NextEra Energy Resources LLC, part of NextEra Energy Inc (NYSE:NEE), has signed a new deal that marks its upcoming full divestment of a 2,520-MW portfolio of wind, solar and energy storage assets in the US.
-- Ireland’s ESB, Coillte set up JV targeting 1 GW of wind by 2030
Irish utility ESB and forestry company Coillte launched a renewable energy joint venture, called FuturEnergy Ireland, which will aim to develop 1 GW of wind projects by 2030.
-- US Covanta wraps up USD 5.3bn transition to private co
Swedish investment firm EQT AB (STO:EQT) has completed the acquisition of US waste-to-energy specialist Covanta Holding Corp in a deal valued at about USD 5.3 billion, including debt.
-- Koch Industries unit acquires solar EPC firm DEPCOM
Koch Engineered Solutions (KES), a unit of Koch Industries Inc, has taken over DEPCOM Power Inc, an engineering, procurement and construction (EPC) firm specialising in utility-scale solar power plants.
-- BW Ideol to buy into 30-MW floating wind project in France
BW Ideol (OSE:BWIDL) has agreed to acquire a 5% stake in a 30-MW floating wind pilot project in the French Mediterranean, which is being developed by a consortium led by French renewable power producer Qair.
-- Acciona Energia, Plug Power create Iberian green hydrogen JV
US-based hydrogen fuel cell specialist Plug Power Inc (NASDAQ:PLUG) and Spanish renewables pure-player Acciona Energia (BME:ANE) said that they have formed a 50/50 joint venture (JV) aimed at developing and operating green hydrogen projects in Spain and Portugal.
-- Westbridge buys majority stake in 236-MWp solar project in Alberta
Canadian solar and energy storage developer Westbridge Energy Corporation (CVE:WEB) has purchased a 75% stake in the developer of a 236-MW DC solar project with a 100-MW battery component in Alberta, Canada.
-- JERA Americas snaps up 300-MW Texas wind scheme from Apex
JERA Americas, part of Japanese energy trader JERA Co, announced it has taken full control of the 300-MW El Sauz wind power project in Texas.
-- Neoen to divest 22-MWp solar plant duo in France
France’s Neoen SA (EPA:NEOEN) has agreed to offload its entire interest in two operational solar power plants in its home market totalling 21.7 MWp for nearly EUR 29 million.
-- Brazil's Copel concludes buy of 187-MW wind complex from Voltalia
Brazilian power utility Companhia Paranaense de Energia (BVMF:CPLE6), better known as Copel, has completed the purchase of a 186.7-MW wind power complex from Voltalia Energia do Brasil SA.
-- Bulgaria's Malex Management gets antitrust nod to acquire Helios Projects
Bulgaria's Commission for Protection of Competition (CPC) said that it gave the green light to Sofia-based investment company Malex Management to acquire, through its majority-owned unit Helios Energy Invest, indirect shareholding interest in local solar power plant operator Helios Projects from Switzerland-based H1 Venture Swiss Holding.
-- SinglePoint to take control of PV installer Boston Solar
SinglePoint Inc (OTCQB:SING) has agreed to acquire 80.1% of Boston Solar, a solar-focused engineering, procurement and construction (EPC) company operating in New England, as part of a strategy to focus on residential, small commercial and light industrial solar services.
-- Sembcorp to buy into 1.9-GW wind-solar portfolio in China
Singapore-based utilities group Sembcorp Industries Ltd (SGX:U96) has agreed to buy a 35% interest in China’s SDIC New Energy and thus get access to its 1.9-GW portfolio of wind and solar parks in China.
-- BayWa r.e. snaps up Beacon Solar to boost US distribution network
BayWa r.e. has acquired Beacon Solar, the solar products distribution division of US roofing distributor Beacon (NASDAQ:BECN), to expand its solar and roofing equipment offering in the country.
-- EDF, Deep Wind Offshore team up to bid for offshore wind in Norway
Norwegian company Deep Wind Offshore and EDF Renewables, a subsidiary of French electric utility EDF SA (EPA:EDF), have formed a 50/50 joint venture to bid for acreage in Norway’s upcoming offshore wind tendering process.
-- Cloudberry takes over 4.5-MW hydro plant in Norway
Cloudberry Clean Energy ASA (OSE:CLOUD) has acquired the 4.5-MW operating hydropower plant Amotsfoss Kraft AS in southeastern Norway after the conclusion of the commissioning period for the facility.
-- Brazil's Renova concludes sale of small hydro unit for USD 177m
Brazilian renewables company Renova Energia SA (BVMF:RNEW11) confirmed that it has concluded the sale of its small hydropower (HPP) unit.
-- Trading of Solarpack shares to be suspended ahead of delisting
Shares in Spanish solar energy developer Solarpack Corporacion Tecnologica SA (BME:SPK) will be suspended from trading in Spain at the request of the company's soon-to-be new owner, Spain’s stock market regulator CNMV said.
-- European Energy discusses sale of newly-connected Danish solar farm
Danish wind and solar developer European Energy A/S said it has completed a 34-MW solar farm in the city of Holbaek and is currently holding talks to sell the asset.
-- Indigenous community becomes part-owner of 40-MW biomass plant
A joint venture between the Arrow Group of Companies, the Nak'azdli Development Corp (NDC) and low-carbon infrastructure developer Nexus Program Management Group LLC has closed the acquisition of a 40-MW biomass power plant in British Columbia.
-- 3i Infrastructure to fully acquire offshore wind SOV firm for GBP 268m
Britain's 3i Infrastructure Plc (LON:3IN) will acquire the 50% stake it does not already own in offshore wind service operation vessels (SOV) company ESVAGT for GBP 268 million.