Weekly review of mergers and acquisitions in renewable energies (August 2 to 6)

August 6 (Renewables Now) – Renewables Now has covered stories of mergers and acquisitions on Azure Power, Naturgy and others over the past week. Below is the full list:

– Petrobras to abandon 25 MW of small hydropower plants in Brazil

Brazilian oil and gas company Petroleo Brasileiro SA (BVMF: PETR4), or Petrobras, has announced that it has signed an agreement to sell its stake in two small hydropower plants (HPP) totaling 25.4 MW.

– Subsea 7 will take the lion’s share in floating wind turbine foundation developer Nautilus

Offshore entrepreneur Subsea 7 SA (OSL: SUBC) has announced that it has agreed to buy a 59.12% stake in Nautilus Floating Solutions SL, a Spanish developer of floating wind foundations.

– Swedish Hexicon buys licensed Celtic Sea site for floating wind turbine demonstration

Swedish floating wind turbine company Hexicon has finalized the purchase of the Wave Hub renewable energy test site off Cornwall, southwest England, which it plans to turn into an offshore wind farm floating from 30 MW to 40 MW using its dual turbine foundation.

– Galp buys 223 MW of solar projects in Spain

Portuguese energy group Galp Energia SGPS SA (ELI: GALP) has announced that it has agreed to acquire a 223 MW solar portfolio in Spain from Spanish solar company Enerland.

– The consortium signs an agreement to purchase the transmission assets of the Beatrice offshore wind farm

The SSE Renewables business of UK utility SSE plc (LON: SSE) has announced a sale agreement for the offshore transmission assets (OFTO) of the 588 MW Beatrice wind farm in Scottish waters, in accordance with the UK regulator’s OFTO regime Ofgem energy.

– AES Indiana purchases 250 MW solar and storage project

AES Indiana, a unit of The AES Corporation (NYSE: AES), intends to acquire the Petersburg Solar Project in Pike County, which includes 250 MW of solar power generation capacity and 180 MWh of storage of energy.

– Torrent Power buys 50 MW solar park in India

Indian Torrent Power Ltd has signed an agreement to purchase the Special Purpose Vehicle (SPV) which owns a 50 MW solar power plant in Maharashtra state, he said.

– Mercury and PowAR take full control of Tilt Renewables

Powering Australian Renewables (PowAR) and Mercury NZ Ltd have completed the acquisition of Australian renewable energy producer Tilt Renewables Ltd (ASX: TLT), the latter said.

– Infrastructure investor Omers to buy 19.4% of Azure Power in India

Canadian investor and asset manager Omers Infrastructure has agreed to acquire a 19.4% stake in Indian renewable energy producer Azure Power Global Ltd (NYSE: AZRE) for some $ 219 million.

– Enlight closes acquisition of Clenera and agrees to purchase 490 MW Spanish pipeline

Israeli renewable energy developer Enlight Renewable Energy Ltd (TLV: ENLT) announced the completion of its acquisition of Clenera LLC and an agreement to purchase a portfolio of Spanish solar projects totaling 490 MW direct current (DC).

– UK GSEO to spend £ 50million on distributed solar power and storage in Australia

VH Global Sustainable Energy Opportunities plc (LON: GSEO) plans to invest £ 50million to purchase distributed solar assets in Australia and add energy storage there.

– Gresham House buys 50 MW solar project from Anesco

Gresham House New Energy has acquired a 50 MW solar project in Lincolnshire from renewable energy development partner Anesco, it has been announced.

– Empresas Gasco of Chile to sell 50% of the Atacama PV project vehicle

Chilean gas company Empresas Gasco has announced that it has signed an agreement to sell a 50% stake in its Special Purpose Vehicle (SPV) developing a 150 MW photovoltaic project in the Atacama region.

– Greenbacker invests in storage developer Virginia Solar

U.S. investment firm Greenbacker Capital Management is supporting a pipeline of solar and energy storage projects developed by Commonwealth Energy Partners (CEP) based in Richmond, Virginia, in the home state.

– Recurring expenses in the first half of the year reach new highs at $ 174 billion – BNEF

The world spent a record $ 174 billion on renewable energy projects and businesses in the first six months of 2021, according to a new report from BloombergNEF (BNEF).

– Edison acquires 40 MW of wind capacity in Italy

Italian energy company Edison (BIT: EDNR) has acquired 40 MW of wind assets located in the regions of Sicily and Puglia, strengthening its presence in its home country.

– Masdar and Taaleri obtain EC green light for Greek solar joint venture

Finland’s Taaleri Energia Ltd and Abu Dhabi Future Energy Company PJSC, better known as Masdar, have obtained approval from the European Commission (EC) to create a joint venture (JV) for a 65 MW solar project in Greece.

– IFM’s offer of 22.7% of Naturgy’s capital is approved subject to conditions

The Spanish government has conditionally approved the offer submitted by the Australian fund IFM Global Infrastructure (IFM GIF) to acquire up to 22.689% of the capital of the Spanish electricity and gas company Naturgy Energy Group SA (BME: NTGY) , describing the transaction as a sign of confidence from international investors. in the Spanish economy.

– Enel acquires the hydroelectric activities of ERG in Italy

Enel SpA (BIT: ENEL) has agreed to acquire the entire share capital of ERG Hydro Srl as well as its hydroelectric portfolio of 527 MW from the Italian energy group ERG SpA (BIT: ERG).

– Innergex acquires the owner of an 18 MW hydroelectric power station in Chile

Canadian renewable energy producer Innergex Renewable Energy Inc (TSE: INE) has purchased a company that owns and operates an 18 MW run-of-river hydroelectric power station in Chile.

– Swire Energy Services acquires Danish wind services provider ALL NRG

Swire Energy Services (SES) completed its second wind-focused purchase in 2021, acquiring Danish wind services provider ALL NRG, the buyer said.

– EDPR to sell 149 MW wind power portfolio in Poland to Mirova

EDP Renovaveis SA (ELI: EDPR) has announced that it has agreed to sell a 100% stake in a Polish 149 MW wind portfolio to Mirova, the sustainable investment unit of Natixis Asset Management in France.

– IFM GIF accepts the conditions of the Spanish government to acquire a stake in Naturgy

Australian fund IFM Global Infrastructure (IFM GIF) has announced that it accepts conditions imposed by the Spanish government on its offer to acquire up to 22.689% interest in Spanish electricity and gas company Naturgy Energy Group SA (BME: NTGY).

– Eneti acquires Seajacks, owner of wind turbine installation vessels

Marine renewable energy company Eneti Inc (NYSE: NETI) said it has agreed to take over parent company of UK-based Seajacks International Ltd, the world’s largest self-propelled wind turbine installation vessel (WTIV) owner. specially built in the world.

– Mubadala wins the process of purchasing a small hydroelectric company in Brazil

Brazilian renewable energy company Renova Energia SA (BVMF: RNEW11) has confirmed that it has selected UAE state-owned holding company Mubadala as the winner of the competitive process to purchase its small hydroelectric unit (HPP).

– BlueWave, Ciel & Terre create a floating solar JV in Massachusetts

Boston-based solar energy and energy storage developer BlueWave Solar and a unit of French Ciel & Terre have created a joint venture (JV) to develop floating solar projects in Massachusetts.

– TotalEnergies could buy 1.2 GW Dogger Bank C – report

French energy giant TotalEnergies SE (EPA: TTE) plans to buy an approximate 20% stake in the 1.2 GW Dogger Bank C, the third phase of the Dogger Bank offshore wind complex in UK waters, Bloomberg reports.

– Mitsui invests in Indian biomass supply chain manager Punjab Renewable Energy

Japanese trader Mitsui & Co Ltd (TYO: 8031) said it has injected INR 300 million into Indian biomass supply chain management company Punjab Renewable Energy Systems Pvt Ltd (PRESPL).

– A Covanta minority investor dissatisfied with EQT’s offer, to vote against

A minority shareholder of Covanta Holding Corp (NYSE: CVA) has informed the U.S. waste-to-energy (WtE) company that it will vote against its proposed $ 5.3 billion acquisition by EQT Infrastructure.

Philippine company AC Energy to form solar rooftop joint venture, posts 5% profit increase in first half

Philippine-based power company AC Energy Corp (PSE: ACEN) has announced that it will form a Joint Venture (JV) with NEFIN Holding Ltd to develop, build and operate rooftop solar projects in Asia.

– Innova sells set of solar roofs in UK to Octopus Renewables

Innova Energy, part of Innova Group, a UK private equity firm focused on renewables and real estate, has announced that it has sold its commercial rooftop solar portfolio.

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Weekly review of mergers and acquisitions in renewable energies (August 2 to 6)

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Weekly review of mergers and acquisitions in renewable energies (August 2 to 6)

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