Weekly renewables M&A round-up (Apr 10-14)

Renewables Now covered M&A stories about Enel, Qualitas Energy, Masdar, and others in the past week. Below is the full list:

-- US Clean Energy buys Canadian battery storage co Eneon

Clean energy platform and holding company US Clean Energy (USCE) last week announced an expansion of its portfolio with the purchase of Canadian battery energy storage systems (BESS) firm Eneon ES for an undisclosed amount.

Read more: https://renewablesnow.com/news/us-clean-energy-buys-canadian-battery-storage-co-eneon-819896/

-- Italy’s Tages Capital buys 82-MW solar park in Sardinia

Independent energy infrastructure investor and solar park operator Tages Capital SGR SpA has acquired an 82-MW photovoltaic (PV) park in Italy’s Sardinia region.

Read more: https://renewablesnow.com/news/italys-tages-capital-buys-82-mw-solar-park-in-sardinia-819867/

-- Enel Americas inks USD-2.9bn deal to sell stakes in Peru units

Chile-based conglomerate Enel Americas SA (BCS:ENELAM) has reached an agreement for subsidiary Enel Peru to sell its entire stakes in two Peruvian businesses to China Southern Power Grid International (CSGI) for around USD 2.9 billion (EUR 2.67bn).

Read more: https://renewablesnow.com/news/enel-americas-inks-usd-29bn-deal-to-sell-stakes-in-peru-units-819929/

-- Qualitas Energy buys 1.4-GW onshore wind development business in Germany

Spanish renewables investor Qualitas Energy has acquired the German onshore wind development business of Netherlands-based DunoAir Group in a deal that boosts its development platform in the country to 2.9 GW.

Read more: https://renewablesnow.com/news/qualitas-energy-buys-14-gw-onshore-wind-development-business-in-germany-819960/

-- Longroad selling 83-MW Virginia solar project to Dominion

US-based renewables developer-operator Longroad Energy said on Tuesday that it is selling the 83-MW/108-MWp Foxhound Solar project in the US state of Virginia to local utilities group Dominion Energy Inc (NYSE:D).

Read more: https://renewablesnow.com/news/longroad-selling-83-mw-virginia-solar-project-to-dominion-820012/

-- Glennmont buys 65-MW solar project bundle in southern Italy

UK fund manager and clean infrastructure investor Glennmont Partners has taken possession of seven solar projects in Italy with a combined capacity of 65 MW, all qualified to take part in domestic auctions.

Read more: https://renewablesnow.com/news/glennmont-buys-65-mw-solar-project-bundle-in-southern-italy-820035/

-- Masdar closes stake buy in 128-MW solar plant in California

Abu Dhabi Future Energy Company PJSC, or Masdar, has closed on the acquisition of a 50% stake in the Big Beau project, a 128-MW solar photovoltaic (PV) plant in California with a 40-MW/160-MWh battery energy storage system.

Read more: https://renewablesnow.com/news/masdar-closes-stake-buy-in-128-mw-solar-plant-in-california-820060/

-- ESB backs floating wind mooring firm Dublin Offshore Technology

Irish state-owned utility ESB will invest in Dublin Offshore Technology (DOT) to help the specialist in mooring technology grow its business in the rapidly emerging floating offshore wind market, the companies said on Tuesday.

Read more: https://renewablesnow.com/news/esb-backs-floating-wind-mooring-firm-dublin-offshore-technology-820071/

-- Distributed hydropower start-up Emrgy raises USD 18m

US clean tech start-up Emrgy on Tuesday said it has completed an USD-18.4-million (EUR 16.8m) Series A funding round led by venture capital firm Oval Park Capital.

Read more: https://renewablesnow.com/news/distributed-hydropower-start-up-emrgy-raises-usd-18m-820169/

-- Brenmiller negotiating minority investment from clean energy firm

Brenmiller Energy Ltd (NASDAQ:BNRG) is holding advanced talks with an unnamed clean energy company that could potentially lead to a minority investment in the Israeli thermal energy storage (TES) specialist.

Read more: https://renewablesnow.com/news/brenmiller-negotiating-minority-investment-from-clean-energy-firm-820141/

-- Quinbrook snaps up US biogas producer PurposeEnergy

London-based investment manager Quinbrook Infrastructure Partners said it is entering the renewable fuels market with the acquisition of US biogas company PurposeEnergy.

Read more: https://renewablesnow.com/news/quinbrook-snaps-up-us-biogas-producer-purposeenergy-820164/

-- Chint sells 200-MWp PV bundle in Hungary to Shanghai Electric Power

Chinese project developer and photovoltaic (PV) panel maker Chint Solar has sold a 200-MWp solar project portfolio in Hungary to Shanghai Electric Power Co Ltd (SHA:600021) for an undisclosed sum.

Read more: https://renewablesnow.com/news/chint-sells-200-mwp-pv-bundle-in-hungary-to-shanghai-electric-power-820209/

-- Ameren Missouri okayed to acquire 150-MW solar project in Illinois

Ameren Missouri, an electric and gas service provider owned by Ameren Corp (NYSE:AEE), said on Thursday it has secured regulatory approval to acquire a 150-MW solar project in White County, Illinois.

Read more: https://renewablesnow.com/news/ameren-missouri-okayed-to-acquire-150-mw-solar-project-in-illinois-820242/

-- Chemicals firm Cabot buys solar farm in Japan

US specialty chemicals and performance materials firm Cabot Corp (NYSE:CBT) has acquired a solar farm in central Japan, which generates up to 3.5 GWh of electricity annually, from local chemicals, synthetic resins and metals distributor Shoko Co Ltd.

Read more: https://renewablesnow.com/news/chemicals-firm-cabot-buys-solar-farm-in-japan-820261/

-- Greenwood buys 1.4-GW solar, storage pipeline in N America

Greenwood Sustainable Infrastructure, a clean energy business of Libra Group, has acquired the solar and battery development portfolios of Saturn Power and its pipeline of roughly 1.4 GW of projects in the US and Canada.

Read more: https://renewablesnow.com/news/greenwood-buys-14-gw-solar-storage-pipeline-in-n-america-820249/

-- Atrato buys 50-MW solar project in UK

UK-based renewable investment trust Atrato Onsite Energy plc (LSE:ROOF) on Friday said it has bought a ready-to-build 50-MW ground-mounted solar project in Richmond, North Yorkshire from Harmony Energy Limited and other sellers.

Read more: https://renewablesnow.com/news/atrato-buys-50-mw-solar-project-in-uk-820283/

-- Continuum Renewables bids to acquire solar specialist Heliogen

Continuum Renewables Inc has tabled a non-binding proposal to acquire Heliogen Inc (NYSE:HLGN), valuing the US artificial intelligence (AI)-enabled concentrated solar specialist at about USD 78.3 million (EUR 71.0m).

Read more: https://renewablesnow.com/news/continuum-renewables-bids-to-acquire-solar-specialist-heliogen-820282/

Choose your newsletter by Renewables Now. Join for free!