Weekly renewables M&A round-up (Aug 26-30)

Renewables Now covered M&A stories about Everfuel and a few others this week. Below is the full list:

-- Urbasolar gets green light to sell Dominican solar project to Akuo

France’s Urbasolar has been granted regulatory approval to sell its ownership in a solar development vehicle in the Dominican Republic to French renewables firm Akuo Energy.

Read more: https://renewablesnow.com/news/urbasolar-gets-green-light-to-sell-dominican-solar-project-to-akuo-866952/

-- Octopus Renewables wraps up sale of 48-MW Swedish wind farm

Octopus Renewables Infrastructure Trust plc announced that it has completed the sale of the operational 48-MW Ljungbyholm onshore wind farm in Sweden to a fund managed by DWS Group.

Read more: https://renewablesnow.com/news/octopus-renewables-wraps-up-sale-of-48-mw-swedish-wind-farm-867192/

-- Everfuel looking at delisting as Swiss Life AM groups with main owners

An affiliate of Swiss Life Asset Management AG has convinced the three largest shareholders of Everfuel A/S to form a new ownership consortium and take the Danish green hydrogen company private in a transaction that values it at NOK 1.12 billion.

Read more: https://renewablesnow.com/news/everfuel-looking-at-delisting-as-swiss-life-am-groups-with-main-owners-867193/

-- Israel's Nofar signs deal to buy solar developer in Romania

Israel’s Nofar Energy has agreed to fully acquire a project company developing a 160-MW solar photovoltaic project in Giurgiu County, southern Romania, according to a legal advisor on the deal.

Read more: https://renewablesnow.com/news/israels-nofar-signs-deal-to-buy-solar-developer-in-romania-867195/

-- Lightsource bp sells UK solar, storage plant to Schroders Greencoat

UK renewables investment manager Schroders Greencoat LLP has acquired Tiln Farm, a 49.9-MWac solar plant with energy storage in England, from Lightsource bp, the companies said in a joint press release.

Read more: https://renewablesnow.com/news/lightsource-bp-sells-uk-solar-storage-plant-to-schroders-greencoat-867199/

-- Luxcara snaps up financial service firm Convexity

German renewable energy asset manager Luxcara GmbH said that it is acquiring Berlin-based financial services provider Convexity GmbH & Co KG to further boost growth and expand its offerings.

Read more: https://renewablesnow.com/news/luxcara-snaps-up-financial-service-firm-convexity-867207/

-- PS buys half of EDF Renewables’ 300-MW solar-storage project in California

A renewables-focused unit of alternative asset manager Power Sustainable (PS) has acquired from France-based EDF Renewables’ North American unit a 50% shareholding in a 300-MW solar-plus-storage project under construction in California.

Read more: https://renewablesnow.com/news/ps-buys-half-of-edf-renewables-300-mw-solar-storage-project-in-california-867283/

-- Apricus Generation closes Series A funding round to fuel growth

Apricus Generation Inc, a US national distributed solar and battery development platform and independent power producer (IPP), has closed its Series A financing round and is over-committed towards its USD-100-million corporate equity capital raise goal.

Read more: https://renewablesnow.com/news/apricus-generation-closes-series-a-funding-round-to-fuel-growth-867352/

-- PuriFire secures GBP 2.7m in funds for pilot biofuels plant

UK green hydrogen and methanol solutions developer PuriFire Energy has raised GBP 2.7 million in a seed round that will help it build a pilot project to commercialise the hydrothermal treatment technologies researched by its founder.

Read more: https://renewablesnow.com/news/purifire-secures-gbp-27m-in-funds-for-pilot-biofuels-plant-867390/

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