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IPPToday #275: Belgian TSO issues EUR1 billion bonds to finance acquisition of stake in German TSO

IPPToday #275: Belgian TSO issues EUR1 billion bonds to finance acquisition of stake in German TSO

🕔Aug 30, 2018

Elia System Operator, a transmission system operator (TSO) in Belgium, has announced the successful launch of a EUR300 million (US$350.6 million) 10-year senior bond and EUR700 million (US$818.1 million) perpetual hybrid bond to finance the acquisition of a 20% stake in Eurogrid International SCRL.

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CMS Energy acquires 250 MW US wind projects

CMS Energy acquires 250 MW US wind projects

🕔Jul 9, 2018

CMS Energy has announced the acquisition of two new planned wind farms located in the USA, which together have a generation capacity of 250 MW.

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IPPToday #242: Longroad Energy Announces Sale, FC, and start of construction of the Phoebe Solar Project

IPPToday #242: Longroad Energy Announces Sale, FC, and start of construction of the Phoebe Solar Project

🕔Jul 5, 2018

Longroad Energy Holdings, LLC has announced the sale of the Phoebe solar project to Innergex Renewable Energy Inc. The project also achieved financial closing and start of construction simultaneously with the sale.

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E.on closes sale of Uniper stake for EUR 3.8bn

E.on closes sale of Uniper stake for EUR 3.8bn

🕔Jul 2, 2018

E.ON SE has successfully completed the sale of its 46.65 percent stake in Uniper SE to Fortum Corporation.

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PGGM Infrastructure Fund acquires 50% stake in 588 MW US wind and solar portfolio

PGGM Infrastructure Fund acquires 50% stake in 588 MW US wind and solar portfolio

🕔Jun 22, 2018

EDF Renewables has announced the signing of Purchase and Sale Agreements (PSA) through which PGGM Infrastructure Fund will acquire a 50% ownership interest in wind and solar assets located in the USA with a total installed capacity of 588 MW.

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Greenko to acquire Orange Renewables Singapore at over US$900 million valuation

Greenko to acquire Orange Renewables Singapore at over US$900 million valuation

🕔Jun 11, 2018

Greenko Energy Holdings (Greenko) has announced that it has entered into a definitive purchase agreement with AT Capital Group for the acquisition of Orange Renewables Singapore, for a total enterprise value of approximately US$922 million.

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Enel offers US$1.5 billion to win bidding war to acquire Brazil's Eletropaulo

Enel offers US$1.5 billion to win bidding war to acquire Brazil's Eletropaulo

🕔Jun 6, 2018

Enel has announced that its subsidiary Enel Brasil Investimentos Sudeste, S.A. has received confirmation of the successful completion of its voluntary offer for the purchase of the entire share capital of Eletropaulo Metropolitana Eletricidade de São Paulo S.A., marking its success in the bidding war for the acquisition, which lasted over six weeks.

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BAM International acquires Strukton's stake in tidal bridge project in Indonesia

BAM International acquires Strukton's stake in tidal bridge project in Indonesia

🕔Jun 1, 2018

BAM International bv has announced it will acquire Strukton International’s majority share in the joint venture Tidal Bridge BV, established in 2015 to develop floating power plants that convert tidal energy into electricity.

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Eesti Energia agrees to third largest acquisition in history of Estonia

Eesti Energia agrees to third largest acquisition in history of Estonia

🕔Jun 1, 2018

Eesti Energia AS has announced that its fully owned subsidiary Enefit Green AS has entered into a share purchase agreement regarding all the shares in Nelja Energia AS, a renewable energy producer and developer in the Baltic region of Europe.

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Southern Power sells stake in solar portfolio for US$1.2 billion

Southern Power sells stake in solar portfolio for US$1.2 billion

🕔May 29, 2018

Southern Power, a wholesale energy provider in the USA and subsidiary of Southern Company, has announced that it has entered into an agreement to sell a 33% minority interest in its solar portfolio to Global Atlantic Financial Group Limited for a purchase price of US$1.175 billion.

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AMP Capital invests in Invenergy's thermal generation portfolio in North America

AMP Capital invests in Invenergy's thermal generation portfolio in North America

🕔May 25, 2018

AMP Capital has entered into a 50/50 partnership with Invenergy Clean Power LLC (ICP) to invest in Invenergy’s operating and development portfolio of natural gas-fired power generation facilities across the United States, Canada and Mexico.
 

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Innergex acquires 250 MW hydropower projects in Canada and Chile

Innergex acquires 250 MW hydropower projects in Canada and Chile

🕔May 21, 2018

Innergex Renewable Energy Inc. has announced that it has acquired Ledcor Power Group Ltd.’s 33.3% interest in Creek Power Inc., a company that indirectly owns the 7.5 MW Fitzsimmons Creek, 25.3 MW Boulder Creek and 81.4 MW Upper Lillooet River hydropower projects located in British Columbia, Canada, as well as a portfolio of prospective projects.

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Alstom divesting from energy joint ventures with GE

Alstom divesting from energy joint ventures with GE

🕔May 15, 2018

Alstom has signed an agreement with General Electric (GE) regarding its intention to exit three joint ventures set up in November 2015 as part of the sale of Alstom's energy business to GE. GE has agreed to buy Alstom's stakes in the joint ventures for EUR2.59 billion (US$3.10 billion).

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CPPIB to acquire 49% stake in 1.8 GW renewable projects for US$1.4 billion

CPPIB to acquire 49% stake in 1.8 GW renewable projects for US$1.4 billion

🕔May 11, 2018

Canada Pension Plan Investment Board (CPPIB) has signed agreements with Enbridge Inc. to acquire 49% of Enbridge’s interests in select North American onshore renewable power assets, as well as 49% of Enbridge’s interests in two German offshore wind projects for approximately CAD1.75 billion (US$1.36 billion).

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Mainstream sells 450 MW Scottish offshore wind project to EDF

Mainstream sells 450 MW Scottish offshore wind project to EDF

🕔May 7, 2018

The EDF Group, via EDF Renewables in the United Kingdom, a joint subsidiary of EDF Energy and EDF Energies Nouvelles, has bought the Neart na Gaoithe offshore wind project, located in Scotland, from Mainstream Renewable Power, following a competitive bidding process.

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Actis acquires 2.2 GW portfolio from InterGen

Actis acquires 2.2 GW portfolio from InterGen

🕔May 3, 2018

Actis has announced that it has acquired InterGen's portfolio of businesses in Mexico for a consolidated enterprise value of US$1.256 billion.

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Boralex acquires French wind developer for US$160 million

Boralex acquires French wind developer for US$160 million

🕔Apr 27, 2018

Boralex Inc. has announced that it has entered into a purchase agreement with Ardian Infrastructure to acquire 100% of the outstanding shares of Kallista Energy Investment SAS, for a consideration of EUR129.4 million (US$157.2 million) and the assumption of EUR94 million (US$114.2 million) in project debt.

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Atlas Renewable Energy enters Mexico with 100 MW solar acquisition

Atlas Renewable Energy enters Mexico with 100 MW solar acquisition

🕔Apr 25, 2018

Atlas Renewable Energy has announced that it has acquired the Guajiro solar project from SunPower Corp. The project involves the development of a solar photovoltaic power plant with a planned capacity of 101.4 MW (126.4 MWp) in the municipality of Nopala de Villagran, Hidalgo state, Mexico.

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Enertrag acquires 50% stake in 1.8 GW wind portfolio in South Africa

Enertrag acquires 50% stake in 1.8 GW wind portfolio in South Africa

🕔Apr 20, 2018

ENERTRAG has announced that it has acquired a 50% stake in a 1.8 GW wind power pipeline in South Africa. It will partner with Genesis Eco-Energy Developments (GEED) to develop the projects, some of which are already at an advanced stage of development.

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EDPR sells 33.4% interest in 950 MW offshore wind project in the UK

EDPR sells 33.4% interest in 950 MW offshore wind project in the UK

🕔Apr 5, 2018

EDP Renewables S.A. (EDPR), through its subsidiary EDPR UK Limited (EDPR UK), has closed the sale of a 20% stake in the Moray Offshore Windfarm (East) Limited (MOWEL) to Diamond Generating Europe Limited (DGE), a wholly owned UK-based subsidiary of Mitsubishi Corporation.

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