-- Managing partners buy Credit Suisse out of renewables investor EIP
Swiss renewables and system-critical energy infrastructure assets investor Energy Infrastructure Partners AG (EIP) announced that its co-founders and managing partners have bought the entire 30% stake in the company held by Credit Suisse AG (SWX:CSGN).
-- Ørsted, CIP team up to develop 5.2 GW of wind in Danish seas
A Danish duo of heavyweight developers, Ørsted (CPH:ORSTED) and Copenhagen Infrastructure Partners (CIP), plan to jointly develop 5.2 GW of offshore wind in Denmark, which is more than double the country’s current installed offshore wind capacity.
-- Masdar acquires British energy storage firm Arlington Energy
Abu Dhabi-based renewables company Masdar announced it has taken over British battery energy storage system (BESS) developer Arlington Energy as part of its efforts to grow its presence in the European renewable energy markets.
-- TotalEnergies, Casa dos Ventos set up 12-GW renewables JV in Brazil
French multi-energy group TotalEnergies SE (EPA:TTE) said it has established a joint venture with Brazilian renewable energy developer Casa dos Ventos to develop, build and operate 12 GW of wind and solar parks in Brazil.
-- Engie snaps up 6-GW solar, storage development portfolio in US
The North American arm of French energy company Engie SA (EPA:ENGI) said it has acquired a 6-GW portfolio of solar and battery storage projects from Belltown Power US to beef up its renewables pipeline on the continent.
-- PGE to co-own 311-MW wind farm in Montana with NextEra units
US utility Portland General Electric (NYSE:POR), or PGE, plans to invest USD 415 million to buy a portion of what will become a 750-MW wind power complex proposed by NextEra Energy Resources LLC in eastern Montana.
-- Opdenergy transfers 87 MW of Spanish solar projects to Bruc Energy
Spanish independent power producer (IPP) Opdenergy Holding SA (BME:OPDE) announced it has transferred two solar power projects based in central Spain with a combined capacity of 87 MW to compatriot Bruc Energy.