Europe News

Renewables Now covered M&A stories about Eiffel, H1, Frontier Power, Mubadala, Chrysalis Renewables and others in the past week. Below is the full list:

German utility EnBW Energie Baden-Wuerttemberg AG (ETR:EBK) has commissioned a 5.7-MWp solar farm equipped with a battery energy storage system (BESS) in Wangen im Allgau, southern Germany.

The major shareholders of Polish private utility Polenergia (WSE:PEP), Mansa Investments and BIF IV Europe Holdings, intend to launch a tender offer for the company’s shares with the aim of delisting it from the Warsaw Stock Exchange.

German cleantech unicorn 1Komma5 Grad has rolled out a EUR-1-billion (USD 1.14bn) financing programme in partnership with European investors and banks to help households install heat pumps, solar systems, battery storage and electric vehicle (EV) charging stations.

Germany’s state-owned development bank KfW has initiated a funding programme to support renewable electricity and heat generation projects that are not backed by government schemes.

RWE AG (ETR:RWE) is expanding a solar farm installed along a motorway in western Germany and plans to build a 75-MW battery energy storage system (BESS) as it continues to develop renewables on land reclaimed from coal mining in the Rhenish region.