-- KKR-backed Virescent looking to buy 88-MWp Indian solar portfolio from Jakson
Virescent Renewable Energy Trust (VRET), an Indian renewable energy platform backed by global investment firm KKR & Co Inc (NYSE:KKR), is holding talks to acquire 87.6 MWp of solar projects at home, it said.
-- Renewables-dedicated AI firm Jungle raises EUR 5m
Dutch artificial intelligence company Jungle, the developer of a tool that identifies and resolves underperformance issues at renewable energy plants, announced it has raised EUR 5 million in a Series A funding round led by SHIFT Invest.
-- SK joins TotalEnergies-Corio offshore wind partnership in Korea
SK ecoplant, a construction engineering company part of SK Group, will buy a stake in a 2-GW-plus offshore wind project portfolio in South Korea and thus join its development alongside TotalEnergies SE (EPA:TTE) and Corio Generation.
-- Hindustan Zinc to buy 26% stake in its renewable power supplier
Indian zinc, lead and silver producer Hindustan Zinc Ltd (BOM:500188) said that it has signed a long-term power delivery agreement (PDA) with special purpose vehicle (SPV) Serentica Renewables India 4 Private Limited to secure 200 MW of renewable energy from captive plants.
-- MasTec obtains HSR clearance for IEA buy, sees closure in Oct
US infrastructure builder MasTec (NYSE:MTZ), which agreed to take over renewables specialist Infrastructure and Energy Alternatives Inc (NASDAQ:IEA) in July, has fulfilled one of the conditions required to close the transaction and expects to conclude the process next month.
-- Atrato buys owner of 33-MW solar portfolio from GIG's Cero Generation
Renewables investment trust Atrato Onsite Energy plc (LSE:ROOF) said it has acquired a company that owns 33 MW of solar parks in the UK from Cero Generation, an independent portfolio company of Macquarie’s Green Investment Group (GIG).
-- New Actis platform buys majority stake in 450-MW wind project in Romania
Rezolv Energy, the clean power platform that was recently launched by Actis, has acquired a 51% stake in a 450-MW onshore wind project in Romania under development by UK renewables investor Low Carbon.
-- TRIG buys rights to 250 MW of battery storage sites in England
The Renewables Infrastructure Group (LON:TRIG), an investment firm managed by InfraRed Capital Partners, said it has agreed to buy the right to develop 250 MW of battery storage projects in the North of England.
-- New US renewables developer Pathway Power secures USD-36m investment
San Diego, California-based renewable energy developer Pathway Power LLC said it has secured a USD-36-million strategic investment from Forest Road Renewables, part of speciality finance platform The Forest Road Company.