Platinum Equity has announced it has signed a definitive agreement to acquire an 810 MW combined-cycle gas turbine generating power plant in Gettsyburg, Pennsylvania, USA from GenOn, a subsidiary of NRG Energy Inc.
Ørsted has confirmed that it is in exclusive discussions regarding a 50% farm-down of the Hornsea One offshore wind farm. This will be the largest operating offshore wind farm in the world once commissioned in 2020.
Canadian Solar Inc. has announced that it has completed the sale of a 142MWp solar portfolio to Greencoat Solar II LP fund, which is managed by Greencoat Capital LLP, a renewable and resource efficiency asset manager headquartered in London.
Macquarie Infrastructure and Real Assets has sold a 24.33% stake in French oil transportation and storage holding company Pisto SAS to Swiss Life Asset Managers. This sale ends Macquarie's almost 10-year interest in the company.
ContourGlobal Plc has confirmed that it is negotiating with Spanish engineering and renewable energy company Acciona the acquisition of five concentrated solar power (CSP) plants in Spain.
Enel, acting through its Spanish subsidiary Endesa’s local renewable energies company Enel Green Power España (EGPE), has signed an agreement to acquire 100% of Parques Eolicos Gestinver, owner of five wind farms in Spain with a total 132 MW capacity.
Capital Dynamics has announced that its Clean Energy Infrastructure (CEI) team has agreed to acquire 8point3 Energy Partners LP, a yieldco based in San Jose, California. The publicly-traded company is comprised of approximately 710 MW of net generation capacity in fully operational, US-based solar assets.
Taaleri Energia Ltd has acquired the 277 MW Truscott-Gilliland East Wind Project, the company’s first U.S. wind project, located in Knox County, Texas. The acquisition represents approximately US$350 million of investment in the North American renewable power sector.
The Ministry of Energy and Mining of the Government of Argentina has instructed the boards of state companies Energía Argentina SA (Enarsa) and Emprendimientos Energéticos Binacionales SA (Ebisa) to promote and adopt all acts, actions and corporate collections necessary to proceed to a merger by absorption.
Sterlite Power has acquired a 28.4% stake in its transmission infrastructure business from Standard Chartered Private Equity (SCPE) for INR10.1 billion (US$157 million). With this acquisition, Sterlite Power holds 100% stake in the business.
E.ON has announced the successful tax equity financing of its 305.8 MW Radford's Run wind farm in Macon County, Illinois, in the US Midwest. Allianz Renewable Energy Partners of America and Bank of America Merrill Lynch provided tax equity financing in exchange for a partial interest in the project.
Pacifico Energy K.K. has successfully completed the launch of its first solar investment fund. The fund will be comprised of 5 Japanese solar power plants totaling over 100 MWdc.
Mitsui and Co. has submitted non-binding and conditional proposal to Australian oil and gas producer AWE Ltd, for all of its shares, at AUD0.95 (US$0.75) each, which values the company at about AUD594 million (US$470.5 million). This is the third takeover bid that AWE has received in two months.
U.S. Geothermal Inc. has announced that it has entered into a definitive merger agreement under which a wholly owned subsidiary of Ormat Technologies, Inc. will acquire the company for US$5.45 per share in an all cash transaction.
Capital Stage and Ireland Strategic Investment Fund to invest €140 M in Irish renewable energy market
Capital Stage and the Ireland Strategic Investment Fund enter €140 million partnership to invest in the Irish renewable energy market with leading Irish solar company Power Capital
The Federal Energy Regulatory Commission of the USA has approved the merger application filed by Hydro One Limited in Canada and Avista Corporation in the US. The application, filed in September 2017, concerns a definitive merger agreement under which Hydro One will acquire Avista for CAD67 million (US$53 million) per share in a CAD6.7 billion (US$5.3 billion) all-cash transaction.
DEG (Deutsche Investitions- und Entwicklungsgesellschaft mbH) has acquired an equity interest of 10% in the Cibuk I wind farm in Serbia.
Foresight Group LLP has announced the completion of the acquisition of an operational portfolio of two large scale Anaerobic Digestion (AD) plants and seven composting assets for an undisclosed sum. The sites are located across East Anglia and the East Midlands regions of the UK.
Capstone Infrastructure Corporation has announced that it has acquired the remaining interests in Glen Dhu Wind Energy Limited Partnership and Fitzpatrick Mountain Wind Energy Inc., and closed a new corporate credit facility.
Canadian Solar has announced that its wholly-owned subsidiary, CSI New Energy Holding Co., Ltd. has completed the sale of three solar power plants in China to Shenzhen Energy Nanjing Holding Co., Ltd., a subsidiary of Shenzhen Energy Group Co., Ltd. The plants have a total capacity of 44.3 MWp.