-- VH Global to buy 15 MW of fully-permitted solar projects in Australia
VH Global Sustainable Energy Opportunities Plc (LON:GSEO) said it has clinched a deal to acquire a 15-MW portfolio of fully-permitted solar photovoltaic (PV) projects in Australia for GBP 21.2 million.
-- Websol, Amp set up 1.2-GW solar manufacturing JV in India
Indian solar products maker Websol Energy System Ltd (BOM:517498) and compatriot Amp Energy have set up a joint venture (JV) to install 1.2 GW of production capacity for monocrystalline PERC solar cells and modules.
-- XL Fleet acquires DG solar provider Spruce Power
US fleet electrification and energy efficiency solutions provider XL Fleet Corp (NYSE:XL) has acquired distributed generation (DG) solar systems owner and operator Spruce Power in a deal backing its new strategy to provide subscription-based solutions for rooftop solar, battery storage and EV charging.
British oil and gas major BP Plc (LON:BP) has signed a deal to acquire US retail power and gas provider EDF Energy Services (EDF ES) in a move it said could allow for integration with other BP decarbonisation-focused operations such as its wind energy arm.
-- Iberdrola sheds 49% in Germany's Wikinger to EIP for EUR 700m
Spanish utility group Iberdrola SA's (BME:IBE) said it has clinched a deal to offload a 49% stake in the 350-MW Wikinger wind farm in German waters to Swiss infrastructure investor Energy Infrastructure Partners (EIP).
-- Brazil's Ultragaz to buy renewables DG platform Stella Energia
A subsidiary of Brazilian fuel distribution company Ultrapar Participacoes SA (BVMF:UGPA3), also known as Grupo Ultra, is acquiring local distributed generation (DG) platform Stella GD Intermediacao de Geracao Distribuída de Energia Ltda.
-- KKR ready to squeeze out Albioma, holds over 92%
KKR & Co Inc (NYSE:KKR) has secured 92.19% of the capital and voting rights in Albioma SA (EPA:ABIO) through its friendly takeover offer for the French independent renewable energy producer and is now able to proceed with filing a squeeze-out application.
-- Goldman, Cleanhill take control of US smart inverters maker EPC Power
The Sustainable Investing business within Goldman Sachs Asset Management and private equity firm Cleanhill Partners have bought a majority stake in US smart inverters maker EPC Power Corp with eyes set on the solar power and energy storage industries.
-- Acciona Energia to buy into wind developer with 3.8-GW platform in Asia
Spanish renewables company Acciona Energia (BME:ANE) said it has agreed to acquire a stake of close to 50% in Singapore-based wind project developer The Blue Circle, getting access to its 3.8-GW development portfolio in Southeast Asia.
-- Axpo closes sale of 65.5-MW wind portfolio in France
Swiss renewables company and energy trader Axpo Holding AG said it had wrapped up the sale of 65.5 MW of wind farms in France to Irish infrastructure investment firm Greencoat Renewables Plc (LON:GRP).