Sep 22, 2023

Mark Rubens/Shutterstock.com Renewables Now covered M&A stories about TotalEnergies, Octopus, Adani Green, and others in the past week. Below is the full list: -- Bute Energy attracts EUR 80m investment in onshore wind pipeline The Wales Pension Partnership (WPP) is investing about GBP 68 million (USD 84.3m/EUR 79.1m) in a portfolio of onshore wind farm projects being developed by Cardiff-headquartered renewable energy company Bute Energy. Read more: https://renewablesnow.com/news/bute-energy-attracts-eur-80m-investment-in-onshore-wind-pipepline-834157/ -- Growatt attracts takeover interest - report Chinese solar and storage inverters maker Growatt Technology Co, which last year unveiled a plan to become public, has attracted takeover interest from Blackstone Inc (NYSE:BX) and is holding talks with US investment giant, Bloomberg reported, citing sources in the know. Read more: https://renewablesnow.com/news/growatt-attracts-takeover-interest-report-834190/ -- AT Capital, Vitol boost bet on Juniper Green Energy Swiss-Dutch commodities trader Vitol and Singaporean investment firm AT Capital Group are investing USD 350 million (EUR 328m) in India-based renewable energy power producer Juniper Green Energy to help it triple to 2.5 GW its operational capacity by 2026. Read more:https://renewablesnow.com/news/at-capital-vitol-boost-bet-on-juniper-green-energy-834162/ -- Fortive unit buys solar test maker Solmetric US test and measurement solutions provider Fluke Corp, a unit of US industrial technologies company Fortive Corp (NYSE:FTV), has unveiled the acquisition of Solmetric, a California-based maker of high precision, solar test and measurement products. Read more: https://renewablesnow.com/news/fortive-unit-buys-solar-test-maker-solmetric-834310/ -- FirstLight to double renewables pipeline to 4 GW via acquisition US clean power producer FirstLight Power has sealed a deal to acquire Hydromega Services Inc, a Canada-based independent clean power producer with a development pipeline that includes more than 2 GW of wind, solar, storage and hydroelectric projects. Read more: https://renewablesnow.com/news/firstlight-to-double-renewables-pipeline-to-4-gw-via-acquisition-834224/ -- Spain's Endesa eyeing sale of 49% stake in 2-GW portfolio - report Spanish utility Endesa SA (BME:ELE) is seeking to sell a minority stake in a 2,000-MW renewables portfolio to a strategic partner, media in Spain reported on Monday citing unnamed sources. Read more: https://renewablesnow.com/news/spains-endesa-eyeing-sale-of-49-stake-in-2-gw-portfolio-report-834195/ -- Octopus buys 10% in 732-MW Dutch offshore wind farm Britain’s Octopus Energy is expanding its presence in offshore wind with an investment in the operational 732-MW Borssele III & IV wind farm in the Netherlands. Read more: https://renewablesnow.com/news/octopus-buys-10-in-732-mw-dutch-offshore-wind-farm-834281/ -- Schroders Greencoat, Innova JV buys 22.6-MWp solar project in UK Solar and storage developer Innova Renewables has sold a 22.6-MWp solar farm project in eastern England to its recently established joint venture with a unit of renewables-focused investment manager Schroders Greencoat LLP. Read more: https://renewablesnow.com/news/schroders-greencoat-innova-jv-buys-226-mwp-solar-project-in-uk-834309/ -- Norges Bank in talks to invest in 1 GW of Iberdrola's renewables - report Norway’s Norges Bank Investment Management (NBIM) is negotiating to invest in 1,000 MW of renewable energy assets held by Spanish utility Iberdrola SA (BME:IBE) in the Iberian Peninsula, Spanish business daily Cinco Dias reported on Tuesday, without attributing the news to any specific source. Read more: https://renewablesnow.com/news/norges-bank-in-talks-to-invest-in-1-gw-of-iberdrolas-renewables-report-834311/ -- Honeywell buys 21 MW of solar projects in NY from SolarBank Small-scale solar project developer SolarBank Corp (CNSX:SUNN) has sold 21 MW DC of community solar projects under development in Upstate New York to US technology giant Honeywell International Inc (NYSE:HON). Read more: https://renewablesnow.com/news/honeywell-buys-21-mw-of-solar-projects-in-ny-from-solarbank-834373/ -- Encavis snaps up 17-MW wind farm in Germany German wind and solar parks operator Encavis AG (ETR:CAP) has bought a 17-MW wind farm project in northwestern Germany from local renewable energy company BayWa r.e. AG. Read more: https://renewablesnow.com/news/encavis-snaps-up-17-mw-wind-farm-in-germany-834355/ -- Yotta Energy raises funds to bolster manufacturing capacity US-based solar power and storage solutions provider Yotta Energy has closed an USD-8-million (EUR 7.47m) fundraising round to expand its manufacturing capabilities and speed up the deployment of its battery technology. Read more: https://renewablesnow.com/news/yotta-energy-raises-funds-to-bolster-manufacturing-capacity-834405/ -- TotalEnergies, European Energy to team up on 4 GW of renewables French multi-energy group TotalEnergies SE (EPA:TTE) and Danish renewables developer European Energy A/S on Wednesday announced an agreement to jointly develop, build and operate at least 4 GW of onshore renewables in “multiple geographies”. Read more: https://renewablesnow.com/news/totalenergies-european-energy-to-team-up-on-4-gw-of-renewables-834368/ -- TotalEnergies bets on 1-GW solar, wind portfolio of Adani Green French energy group TotalEnergies (EPA:TTE) and Indian Adani Green Energy Ltd (BOM:541450) have agreed to set up a joint venture to operate 1.05 GW of solar and wind power assets across India. Read more: https://renewablesnow.com/news/totalenergies-bets-on-1-gw-solar-wind-portfolio-of-adani-green-834402/ -- Iona Capital exits UK C&I solar specialist Shawton Energy UK low-carbon energy investor and fund manager Iona Capital said on Wednesday that it has sold its stake in rooftop solar projects developer Shawton Energy in a transaction that marks its departure from the St Helens, England-based business. Read more: https://renewablesnow.com/news/iona-capital-exits-uk-ci-solar-specialist-shawton-energy-834385/ -- EDF unit buys UK solar installer SAS Energy to grow C&I presence EDF Renewables UK and Ireland has acquired British solar installer SAS Energy in a deal aimed at strengthening its foothold in the commercial and industrial (C&I) sectors. Read more: https://renewablesnow.com/news/edf-unit-buys-uk-solar-installer-sas-energy-to-grow-ci-presence-834442/ -- Brazil’s Atiaia Renovaveis acquires 45 MW of solar parks Brazilian renewables company Atiaia Renovaveis has signed an agreement to acquire two operational photovoltaic (PV) parks with a combined capacity of 44.8 MW from local peer Ibitu Energia. Read more: https://renewablesnow.com/news/brazils-atiaia-renovaveis-acquires-45-mw-of-solar-parks-834468/ -- Ellevio buys power grid linked to 3.4-GW Swedish wind cluster Swedish energy company Ellevio has bought the transmission network that is linked to the Markbygden 1101 cluster of wind farms in northern Sweden whose total capacity is expected to reach about 3,400 MW. Read more: https://renewablesnow.com/news/ellevio-buys-power-grid-linked-to-34-gw-swedish-wind-cluster-834497/ -- DSD buys 15-MW community solar portfolio in Minnesota DSD Renewables (DSD) announced the acquisition of a portfolio of nine community solar projects in Minnesota, including an agrivoltaic one, with a combined capacity of 15 MW. Read more: https://renewablesnow.com/news/dsd-buys-15-mw-community-solar-portfolio-in-minnesota-834524/ -- EDP Brasil takes another step towards coal-free status EDP - Energias do Brasil SA (BVMF:ENBR3) has reached a deal to sell an 80% stake in a 720-MW coal-fired plant in the state of Ceara to local investors coordinated by Mercurio Asset, on the path to becoming coal-free by the end of 2025. Read more: https://renewablesnow.com/news/edp-brasil-takes-another-step-towards-coal-free-status-834506/ -- Germany weighs full acquisition of gas network operator Wiga - report The German government is exploring the possibility of acquiring full ownership of gas network operator Wiga, with an estimated valuation ranging from EUR 3 billion to EUR 4 billion (USD 4.28bn), as the company could play a major role in the country's national hydrogen strategy, Handelsblatt reports. Read more: https://renewablesnow.com/news/germany-weighs-full-acquisition-of-gas-network-operator-wiga-report-834519/ -- Enfinity Global buys 546 MW of solar projects in Colorado US-based renewable energy specialist Enfinity Global Inc on Thursday announced that it has acquired a portfolio with 546 MW of solar projects under development in the US state of Colorado. Read more: https://renewablesnow.com/news/enfinity-global-buys-546-mw-of-solar-projects-in-colorado-834553/ -- Southern Power buys 200-MW US solar project from EDF US wholesale energy provider Southern Power announced the acquisition of a 200-MW solar farm project in the early stages of development in Texas from EDF Renewables. Read more: https://renewablesnow.com/news/southern-power-buys-200-mw-us-solar-project-from-edf-834609/ -- European Energy, Mitsui close Kasso PtX deal in Denmark Danish renewables developer European Energy A/S on Friday announced that it has wrapped up the sale of a 49% stake in the power-to-X vehicle that owns a 304-MW solar farm and associated e-methanol facility in Kasso, Denmark. Read more: https://renewablesnow.com/news/european-energy-mitsui-close-kasso-ptx-deal-in-denmark-834625/ -- Ardian gets EU nod to buy waste-to-energy firm Attero The European Commission (EC) has given an unconditional nod to French private equity firm Ardian to acquire Attero, a Dutch company active in waste-to-energy and biomethane production. Read more: https://renewablesnow.com/news/ardian-gets-eu-nod-to-buy-waste-to-energy-firm-attero-834634/ -- Engie buys UK biomethane producer Ixora French utility Engie SA (EPA:ENGI) on Thursday said it has acquired UK biomethane producer Ixora Energy Ltd from investment manager Downing LLP for GBP 64.8 million (USD 79.5m/EUR 74.7m). Read more: https://renewablesnow.com/news/engie-buys-uk-biomethane-producer-ixora-834642/