Renewables Now covered M&A stories related to Lightsource BP, EDPR, ACS and others last week. Below is the full list of deals:
-- Avyan Renewable trims acquisition offer for India's SunEdison Infra
India’s Avyan Renewable Solar Pvt Ltd will acquire a 31% equity stake in Chennai-based solar installer SunEdison Infrastructure (BSE:531260), according to an amended share purchase agreement plan. Read more..
-- Ayala's AC Energy, Yoma Strategic plan renewables JV in Myanmar
Philippine conglomerate Ayala Corp (PSE:AC) announced that its energy platform will join forces with Yoma Strategic Holdings Ltd (SGX:Z59) to explore developing some 200 MW of renewable energy projects in Myanmar.
Specifically, AC Energy Inc plans to form a 50/50 joint venture with Yoma Strategic, through which the parties will invest at least USD 30 million in Yoma Micro Power (S) Pte Ltd. Read more..
-- ACC, Hyperion target HK, Macau solar markets with new JV
Chinese rooftop solar installer Asia Clean Capital Ltd (ACC) has set up a joint venture (JV) with US-based Hyperion Solar Ltd, aiming to develop, build, acquire and operate solar photovoltaic (PV) plants in Hong Kong and Macau. Read more..
-- US Solar Fund enters exclusivity to buy 39 MW of N Carolina solar parks
London-listed investment company US Solar Fund Plc (LON:USF) said it has signed an exclusivity agreement to buy a 39-MW DC solar portfolio in North Carolina from Greenbacker Renewable Energy Corp. Read more..
-- Total Eren buys 50% in 190-MWp PV project in Chile
Paris-based independent power producer (IPP) Total Eren SA has gained entry into the Chilean market after acquiring a 50% stake in the 190-MWp Santa Isabel solar photovoltaic (PV) project from SunPower Corp (NASDAQ:SPWR). Read more..
-- Lightsource BP buys 300-MW solar pipeline in Spain
Lightsource BP, the solar power company backed by BP Plc (LON:BP), announced it has acquired a 300-MW solar project pipeline in Spain from renewable energy firm Forestalia. Read more..
-- NextEnergy Capital buying 102.5-MWp solar park in N Carolina
UK investment and asset manager NextEnergy Capital Group has agreed to acquire a 102.5-MWp solar park in North Carolina for an undisclosed sum. Read more..
-- EDPR, Aker Solutions join 500-MW floating wind project in S Korea
EDP Renovaveis (ELI:EDPR) and Norwegian engineering company Aker Solutions ASA have set up a consortium with Seoul-based WindPower Korea (WPK) with plans to develop a 500-MW floating wind farm off the coast of South Korea.
The two companies acquired a stake in the development company, Korea Floating Wind Power (KFWind), from its founders WPK and US floating wind specialist Principle Power Inc. Read more..
-- Greenbacker buys 31.3-MW multistate C&I solar portfolio
New York-based Greenbacker Renewable Energy Company LLC said it has acquired the rights to 31.3 MW of commercial and industrial (C&I) portfolio solar projects across several US states. Read more..
-- Prime Capital buys 160-MW shovel-ready wind project in Norway
German asset manager Prime Capital has acquired the owner of an up to 160-MW construction-ready wind project in Norway from Swedish company Wallenstam. Read more..
-- ACS confirms receiving non-binding offers for renewables unit
Spanish construction engineering company ACS Actividades de Construccion y Servicios SA (BME:ACS) has received non-binding offers for its renewables unit Zero-E, it confirmed in response to local media reports on alleged interested buyers. Read more..