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Weekly renewables M&A round-up (Oct 22-31)

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November 1 (Renewables Now) - Renewables Now covered M&A stories related to Innergex, EDF, X-Elio and AltaGas over the past seven days. Below is the full list of deals:

-- Votorantim Energia, CPPIB JV to take control of large Brazilian hydro firm

Votorantim Energia and the Canada Pension Plan Investment Board (CPPIB) is acquiring a majority stake in Brazilian hydropower plants (HPPs) operator Companhia Energetica de Sao Paulo (BVMF:CESP6), or CESP.

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-- Foresight buys company with 52 sub-250kW wind turbines in N Ireland

London-based investment manager Foresight Group LLP said it has bought Simple Power Ltd, which has 52 sub-250-kW single wind turbines in Northern Ireland.

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-- Skyline to take majority stake in 460-MW Texas wind portfolio

Skyline Renewables LLC has agreed to acquire the 51% stake held by Starwood Energy Group Global Ltd in the Horse Creek and Electra wind farms in Texas, totalling 460 MW.

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-- Innergex completes acquisition of 260-MW PV project in Ohio

Innergex Renewable Energy Inc (TSE:INE) announced it has closed the acquisition of a roughly 260-MW DC solar prospective project in the US.

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-- OCI Solar sells 66-MW solar project in Texas to DE Shaw

Texas-based OCI Solar Power LLC has sold the 66-MW under-construction photovoltaic (PV) project in Texas to DE Shaw Renewable Investments LLC (DESRI).

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-- EDF Renewables to sell 157-MW wind park to Ameren

Ameren Corporation (NYSE:AEE) said it has signed an agreement to acquire, for an undisclosed amount, a 157-MW wind park from EDF Renewables North America.

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-- Origis Energy buys 200-MW project in Georgia from First Solar

Florida-based Origis Energy USA has bought the 200-MW GA Solar 4 Project in Georgia from developer First Solar Inc (NASDAQ:FSLR) for an undisclosed sum.

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-- Innergex takes full ownership of 590-MW wind portfolio in Quebec

Canada’s Innergex Renewable Energy Inc (TSE:INE) is now the sole owner of the five Cartier wind farms in the Gaspe peninsula in Quebec with a combined capacity of 590 MW.

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-- Denmark's PKA buys 260 MWp of solar capacity in California

Danish pension service provider Pensionskassernes Administration (PKA) has acquired the 49% passive equity stake held by Canadian Solar Inc (NASDAQ:CSIQ) in two solar parks in California totalling 530 MW.

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-- X-Elio buys 103-MW under-construction solar park in S Carolina

Spain-based solar developer and operator X-Elio has acquired a 103-MW solar photovoltaic (PV) project in South Carolina from US-based National Renewable Energy Corp (Narenco) for an undisclosed sum.

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-- Vattenfall expands Swedish portfolio with 80-MW wind acquistion

Swedish state-owned utility Vattenfall AB said it has bought the 80-MW Vargtrask wind project in Sweden from local developer Nordisk Vindkraft.

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-- Allianz acquires 46-MW subsidy-free solar plant in Portugal

German insurer Allianz SE (ETR:ALV) said it has completed the acquisition of a 46.1-MW subsidy-free photovoltaic (PV) plant in Portugal.

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-- CVE Chile buys 45 MWp of PV projects from Spanish co Solarpack

The Chilean unit of French renewable energy producer Cap Vert Energie Group announced it is buying 45 MWp of photovoltaic (PV) plants from Spanish developer and operator Solarpack.

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-- EDP Brasil sells 132 MW of hydro power assets to Statkraft

EDP Energias do Brasil SA (B3:ENBR3) has agreed to sell 131.9 MW of small hydro power plants (HPPs) to the local arm of Norwegian state-owned utility Statkraft AS.

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-- CPPIB eyes Goldman's shares in ReNew Power of India - report

Canada Pension Plan Investment Board (CPPIB) is discussing the acquisition of shares in Indian renewable power producer ReNew Power Ltd from US investment bank Goldman Sachs (NYSE:GS), Mint reports.

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-- Greencoat Renewables adds 48.3-MW Irish wind farm to portfolio

Irish wind investor Greencoat Renewables Plc (LON:GRP) has acquired the 48.3-MW Ballybane wind farm in County Cork from an independent local developer for EUR 61.3 million.

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-- EDF buys 50% of BBOXX's off-grid solar power supply business in Togo

French utility Electricite de France (EPA:EDF) has acquired a 50% stake in the Togo unit of off-grid solar power provider BBOXX.

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-- Celsia nears 58% stake in owner of 330-MW Colombian wind portfolio

Colombian power company Celsia SA (CLB:CELSIA) has built a 57.65% stake in Begonia Power SAS, a local firm with a 330-MW wind project portfolio.

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-- Glennmont Partners to buy 16.8-MW wind park in France from Enertrag

London-based renewable energy fund manager Glennmont Partners said will acquire an under-construction 16.8-MW wind farm in Northern France from German renewables firm Enertrag AG.

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-- New SIMEC Atlantis JV has gigawatt-scale tidal power plans for Normandie

SIMEC Atlantis Energy Ltd (LON:SAE) shared its plans to build up to 2 GW of tidal energy capacity in Normandie, France, through a newly-created joint venture.

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-- X-Elio to grow US ops with solar JV with Sofos Harbert

Spanish solar developer and operator X-Elio has formed a joint venture (JV) with US sector player Sofos Harbert Renewable Energy that aims to develop and build solar parks across the US.

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-- AltaGas may sell more of 277-MW British Columbia HPP portfolio

AltaGas Ltd (TSE:ALA) said it may divest an additional stake in its 277-MW portfolio of run-of-river hydroelectric facilities in British Columbia, Canada after in June it pocketed CAD 922 million by selling a 35% interest in the same.

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-- Canada's Polaris buys 242 MW of HPP assets in Peru

Canadian renewables developer Polaris Infrastructure Inc (TSX:PIF) has acquired hydropower developer Union Energy Group Corp (UEG) and its portfolio of operational and development assets in Peru totalling 242 MW.

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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.

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