Weekly renewables M&A round-up (Dec 19-23)

Renewables Now covered M&A stories about Shell, Ørsted, Siemens Gamesa, and others in the past week. Below is the full list:

-- Schaeffler buys 9.9-MWp solar park to green German operations

German automotive and industrial supplier Schaeffler AG (ETR:SHA) is buying a 9.9-MWp solar park in Bavaria in a deal that brings it a step closer to meeting about 10% of its total energy requirements at home with self-generated solar energy by 2025.

Read more: https://renewablesnow.com/news/schaeffler-buys-99-mwp-solar-park-to-green-german-operations-808705/

-- Shizen Energy takes minority stake in Tokyo-based Bison Energy

Japanese renewables developer Shizen Energy Inc said last week that its subsidiary Shizen International Inc has purchased a minority equity share in Tokyo-based green power company Bison Energy Group.

Read more: https://renewablesnow.com/news/shizen-energy-takes-minority-stake-in-tokyo-based-bison-energy-808617/

-- Ahlsell to buy solar equipment provider Solelgrossisten

Swedish technical trader Ahlsell, owned by private equity firm CVC Capital Partners, has sealed a deal to acquire local solar equipment wholeseller Solelgrossisten Sverige AB in a push to expand its offering of e-mobility, energy storage and solar energy products.

Read more: https://renewablesnow.com/news/ahlsell-to-buy-solar-equipment-provider-solelgrossisten-808609/

-- Encavis closes buy of 69-MW zero-subsidy wind farm in Lithuania

E energija Group and GE Energy Financial Services have closed the divestment of a 69.3-MW wind farm in Lithuania to German wind and solar farm operator Encavis AG (ETR:ECV), the latter said on Friday.

Read more: https://renewablesnow.com/news/encavis-closes-buy-of-69-mw-zero-subsidy-wind-farm-in-lithuania-808604/

-- Commerz Real invests in 246-MWp Swedish portfolio of solar projects

German investment manager Commerz Real AG on Monday said it has agreed to invest in five solar parks in Sweden which are at an advanced stage of development and will have an installed capacity of 246 MWp.

Read more: https://renewablesnow.com/news/commerz-real-invests-in-246-mwp-swedish-portfolio-of-solar-projects-808674/

-- Shell wraps up deal for Nigerian solar firm Daystar Power

Oil and gas giant Shell Plc (LON:SHEL) has completed the acquisition of Nigeria-based hybrid solar power solutions provider Daystar Power after obtaining the necessary regulatory clearances.

Read more: https://renewablesnow.com/news/shell-wraps-up-deal-for-nigerian-solar-firm-daystar-power-808788/

-- Engie Chile wraps up acquisition of 252-MW wind energy package

Chilean power company Engie Energia Chile SA has taken over two operational wind farms and one wind project in the country, after acquiring a 100% stake in five special purpose vehicles (SPVs) that hold them in a USD-77-million deal (EUR 72.6m).

Read more: https://renewablesnow.com/news/engie-chile-wraps-up-acquisition-of-252-mw-wind-energy-package-808713/

-- RES buying wind turbine analytics firm Anemo

UK-based renewables developer RES said it is taking over Danish wind turbine analytics firm Anemo Analytics in a drive to expand its portfolio of services and solutions offered to clients.

Read more: https://renewablesnow.com/news/res-buying-wind-turbine-analytics-firm-anemo-808786/

-- Vattenfall buys 400-MW pumped hydro project in Germany

Swedish electric utility Vattenfall has acquired a company developing a project for a 400-MW pumped hydro storage plant in the state of Thuringia, Germany.

Read more: https://renewablesnow.com/news/vattenfall-buys-400-mw-pumped-hydro-project-in-germany-808811/

-- Ørsted becomes full owner of Europe's largest e-methanol project, takes FID

Denmark’s Ørsted A/S (CPH:ORSTED) has acquired the 55% it did not previously own in an e-methanol project in Sweden, FlagshipONE, set to create Europe’s largest green electrofuel facility for the global shipping industry.

Read more: https://renewablesnow.com/news/rsted-becomes-full-owner-of-europes-largest-e-methanol-project-takes-fid-808790/

-- TRIG agrees to increase stake in Merkur, buys 100-MW battery project

The Renewables Infrastructure Group Ltd (LON:TRIG) has signed a deal to buy an additional 11% stake in the 396-MW Merkur offshore wind farm in the German North Sea from funds managed by its own investment manager, namely InfraRed Capital Partners.

Read more: https://renewablesnow.com/news/trig-agrees-to-increase-stake-in-merkur-buys-100-mw-battery-project-808809/

-- Siemens Gamesa to be delisted as Siemens Energy secures 93% stake

Siemens Energy AG (ETR:ENR) is preparing to delist Siemens Gamesa Renewable Energy SA (BME:SGRE) from the Spanish stock market after securing 92.7% of the share capital in the Spain-based wind turbine maker.

Read more: https://renewablesnow.com/news/siemens-gamesa-to-be-delisted-as-siemens-energy-secures-93-stake-808884/

-- EQT to buy US distributed solar co Madison Energy Investments

A fund associated with Swedish investment firm EQT AB (STO:EQT) has entered into an agreement to acquire US renewables distributed generation (DG) platform Madison Energy Investments (MEI).

Read more: https://renewablesnow.com/news/eqt-to-buy-us-distributed-solar-co-madison-energy-investments-808882/

-- AIB invests in Irish solar developer with 2.7-GW active pipeline

The principal investment arm of Allied Irish Banks, or AIB Group Plc (ISE:A5G), has injected EUR 8.5 million (USD 9m) in BNRG, a domestic solar developer and operator with an active project development pipeline of 2.7 GW.

Read more: https://renewablesnow.com/news/aib-invests-in-irish-solar-developer-with-27-gw-active-pipeline-808919/

-- Goldwind sells 49% of 528-MW Aussie solar farm to Palisade, Aware

Australian infrastructure manager Palisade Investment Partners Ltd and compatriot Aware Super Pty Ltd will jointly buy a 49% stake in the 528-MW Stockyard Hill wind farm in the state of Victoria.

Read more: https://renewablesnow.com/news/goldwind-sells-49-of-528-mw-aussie-solar-farm-to-palisade-aware-808910/

-- Forest owner SCA buys 85-MW wind farm in Sweden

Swedish private forest owner Svenska Cellulosa AB (STO:SCA A), or SCA, which leases out land for the construction and operation of wind parks, unveiled Wednesday the acquisition of its first wind farm, an 85-MW site located in northern Sweden.

Read more: https://renewablesnow.com/news/forest-owner-sca-buys-85-mw-wind-farm-in-sweden-809041/

-- ABO sells 50-MW Greek solar park, completes construction

German renewables developer ABO Wind AG (ETR:AB9) on Wednesday said it has finalised the construction of a 50-MW solar park in northwestern Greece and announced the recent change of ownership to compatriot Wirtgen Invest Energy.

Read more: https://renewablesnow.com/news/abo-sells-50-mw-greek-solar-park-completes-construction-809073/

-- JBM offloads 102-MWp solar duo with storage to Vantage RE

UK solar developer JBM Solar has sold two solar projects totalling 102 MWp and 65 MW of co-located battery storage schemes in the UK to green energy plant operator Vantage RE.

Read more: https://renewablesnow.com/news/jbm-offloads-102-mwp-solar-duo-with-storage-to-vantage-re-809061/

-- EDF to co-own 310 MWp of California solar parks with MEAG

EDF Renewables North America announced on Wednesday it has finalised the divestment of a 50% stake in 310 MW DC of solar parks in California to MEAG, the global asset manager of German reinsurer Munich Re (ETR:MUV2).

Read more: https://renewablesnow.com/news/edf-to-co-own-310-mwp-of-california-solar-parks-with-meag-809065/

-- Germany's ib vogt sells 206-MWp solar project in Finland

German family-owned solar power company ib vogt GmbH has sold a 206-MWp solar project in southwest Finland to Helsinki-based energy utility Helen, a statement said.

Read more: https://renewablesnow.com/news/germanys-ib-vogt-sells-206-mwp-solar-project-in-finland-809085/

-- Eolus buys 86-MW Polish wind farm project, eyes expansion

Nordic wind projects developer Eolus Vind AB (STO:EOLU-B) has taken possession of an 86-MW wind project in the early stages of development in Finland, planning to expand it further.

Read more: https://renewablesnow.com/news/eolus-buys-86-mw-polish-wind-farm-project-eyes-expansion-809093/

-- Goldman Sachs to invest up to USD 200m in Texan wind project

A unit of Goldman Sachs Group Inc (NYSE:GS) has agreed to make a tax equity investment of up to USD 200 million (EUR 188m) in the first phase of a 531-MW wind project in Texas developed by Omega Energia SA (BVMF:MEGA3).

Read more: https://renewablesnow.com/news/goldman-sachs-to-invest-up-to-usd-200m-in-texan-wind-project-809278/

--Opdenergy transfers 384 MW of Spanish solar projects to Bruc Energy

Spanish independent power producer (IPP) Opdenergy Holding SA (BME:OPDE) has completed the sale and transfer of six new solar photovoltaic (PV) projects totalling 384 MW to compatriot Bruc Energy.

Read more: https://renewablesnow.com/news/opdenergy-transfers-384-mw-of-spanish-solar-projects-to-bruc-energy-809277/

--European Energy agrees exit from 55-MW solar park in Denmark

Danish renewables developer European Energy A/S has inked a deal to sell a domestic solar park with a total capacity of 55 MW, with the divestment expected to have a positive impact on the company’s financial position.

Read more: https://renewablesnow.com/news/european-energy-agrees-exit-from-55-mw-solar-park-in-denmark-809296/

--Octopus Energy invests in renewables developer FFNEV

UK renewable energy retailer Octopus Energy Group is setting foot in Portugal’s green generation market with an investment in Spanish-founded renewables developer FF New Energy Ventures (FFNEV) which has a projects pipeline of 2.1 GW.

Read more: https://renewablesnow.com/news/octopus-energy-invests-in-renewables-developer-ffnev-809357/

--Bluefield Solar buys 46.4-MWp solar portfolio in England

UK's Bluefield Solar Income Fund Ltd (LON:BSIF) has purchased a 46.4-MWp solar portfolio in operation in England at an enterprise value of GBP 56 million (USD 67.4m/EUR 63.4m).

Read more: https://renewablesnow.com/news/bluefield-solar-buys-464-mwp-solar-portfolio-in-england-809340/

Choose your newsletter by Renewables Now. Join for free!