Weekly renewables M&A round-up (July 22-26)

Renewables Now covered M&A stories about Eni, KKR, TotalEnergies, Masdar, and others this week. Below is the full list:

-- Bluefield to shed half of 112-MW solar portfolio to GLIL

London-listed Bluefield Solar Income Fund Ltd (LON:BSIF) on Monday said it is offloading a 50% stake in a 112-MW portfolio of operating solar assets in the UK to GLIL Infrastructure.

Read more: https://renewablesnow.com/news/bluefield-to-shed-half-of-112-mw-solar-portfolio-to-glil-864093/

-- Afreenergy to acquire GreenYellow’s solar assets in Senegal

Afreenergy Solar, a unit of Mauritius-based independent power producer (IPP) Afreenergy, has signed a deal to buy a portfolio of solar assets in Senegal from French sector player GreenYellow.

Read more: https://renewablesnow.com/news/afreenergy-to-acquire-greenyellows-solar-assets-in-senegal-864026/

-- Schroders Greencoat buys 110-MWp UK solar portfolio from Metlen

UK renewables investment manager Schroders Greencoat LLP has acquired a portfolio of solar photovoltaic assets totalling roughly 110 MWp in England, the firm said on Tuesday.

Read more: https://renewablesnow.com/news/schroders-greencoat-buys-110-mwp-uk-solar-portfolio-from-metlen-864104/

-- Eni in talks to sell minority stake in biofuels unit to KKR

Italian oil and gas major Eni SpA (BIT:ENI) has inked a temporary exclusivity agreement on the sale of a minority stake in its biofuels subsidiary Enilive to US private equity firm KKR & Co Inc (NYSE:KKR).

Read more: https://renewablesnow.com/news/eni-in-talks-to-sell-minority-stake-in-biofuels-unit-to-kkr-864155/

-- Shell seeks exit from Scottish floating wind leases

Energy giant Shell plc (LON:SHELL) intends to exit the joint venture with Scottish Power that was awarded more than two years ago seabed rights to develop 5 GW of floating wind farms in Scottish waters, Bloomberg reported, citing insiders.

Read more: https://renewablesnow.com/news/shell-seeks-exit-from-scottish-floating-wind-leases-report-864237/

--Keppel MET Renewables snaps up 20-MWp solar duo in Italy

Swiss renewables investment platform Keppel MET Renewables (KMR) has taken possession of a 20-MWp portfolio of two solar projects in Northern Italy.

Read more: https://renewablesnow.com/news/keppel-met-renewables-snaps-up-20-mwp-solar-duo-in-italy-864231/

-- AMPYR Energy USA snaps up 210 MWp of solar projects in US

Independent solar power developer AMPYR Energy USA has agreed to acquire two utility-scale solar projects in North and South Carolina with a combined capacity of 210 MWp.

Read more: https://renewablesnow.com/news/ampyr-energy-usa-snaps-up-210-mwp-of-solar-projects-in-us-864271/

--TotalEnergies buys into 795-MW Dutch offshore wind project

French energy major TotalEnergies SE (EPA:TTE) has bought a 50% interest in the 795-MW OranjeWind offshore wind farm project in Dutch waters amid plans to direct its share of the generation to decarbonise its refineries across Europe.

Read more: https://renewablesnow.com/news/totalenergies-buys-into-795-mw-dutch-offshore-wind-project-864379/

-- VH Global to invest in 248.4-MW European solar, wind portfolio

Renewables investor VH Global Sustainable Energy Opportunities plc (LON:GSEO) on Thursday announced a deal to become the largest shareholder in a portfolio of solar and onshore wind assets across Spain, Portugal and Sweden with a combined capacity of 248.4 MW.

Read more: https://renewablesnow.com/news/vh-global-to-invest-in-2484-mw-european-solar-wind-portfolio-864396/

--Cyan Renewables wraps up deal for MMA Offshore

Singaporean offshore wind energy vessels operator Cyan Renewables on Thursday announced the completion of the AUD-1.1-billion (USD 726m/EUR 670m) deal to acquire MMA Offshore Limited (ASX:MRM), an Australian provider of marine and subsea services to the offshore energy and wider maritime industries.

Read more: https://renewablesnow.com/news/cyan-renewables-wraps-up-deal-for-mma-offshore-864407/

-- Repsol mulls full acquisition of US solar, storage firm Hecate Energy

Spanish multi-energy group Repsol SA (BME:REP) is holding talks with Hecate Holdings LLC to possibly acquire its 60% stake in their shared solar and storage project development company in the United States, Hecate Energy Group LLC (HEG).

Read more: https://renewablesnow.com/news/repsol-mulls-full-acquisition-of-us-solar-storage-firm-hecate-energy-864412/

-- SAF developer LanzaJet attracts Airbus as backer

US sustainable aviation fuel (SAF) technology LanzaJet has attracted yet another backer, European aircraft maker Airbus SE (EPA:AIR), which has agreed to make a strategic investment to help it scale the production and deployment of its product, the parties announced on Wednesday.

Read more: https://renewablesnow.com/news/saf-developer-lanzajet-attracts-airbus-as-backer-864435/

-- Greece's Faria adds 35-MW solar project to domestic portfolio

Greek renewable energy company Faria Renewables SA has expanded its domestic portfolio with a 35-MW solar project bought from privately-owned corporation Vasileiadis Group of Companies.

Read more: https://renewablesnow.com/news/greeces-faria-adds-35-mw-solar-project-to-domestic-portfolio-864508/

-- Masdar buys half of Endesa's 2.5-GW solar, BESS portfolio in Spain

UAE-based renewables developer Masdar has struck a deal to acquire a 49.99% stake in a portfolio of 2.5 GW of solar and storage capacities owned by Spanish utility Endesa SA (BME:ELE) for EUR 817 million (USD 886.5m).

Read more: https://renewablesnow.com/news/masdar-buys-half-of-endesas-25-gw-solar-bess-portfolio-in-spain-864514/

-- Castlerock Biofuels attracts investment in flagship project in Maine

US renewable fuel oil company Castlerock Biofuels LLC has attracted an investment of USD 9 million (EUR 8.29m) from Nexus Development Capital LLC (NDC) to support the development of its flagship project in the Katahdin region of Maine.

Read more: https://renewablesnow.com/news/castlerock-biofuels-attracts-investment-in-flagship-project-in-maine-864577/

--Fortis Energy buys 180-MW solar-plus-storage project in Serbia

Turkish renewables company Fortis Energy has announced the acquisition of a 180 MW solar project, coupled with a 36-MWh battery energy storage system (BESS), in Serbia.

Read more: https://renewablesnow.com/news/fortis-energy-buys-180-mw-solar-plus-storage-project-in-serbia-864568/

-- Juwi sells 267-MW Greek solar portfolio to Foresight, Mirova

German renewables developer Juwi GmbH has sold a 267-MW solar portfolio in Greece to investment firms Foresight and Mirova, and signed new contracts to realise the projects.

Read more: https://renewablesnow.com/news/juwi-sells-267-mw-greek-solar-portfolio-to-foresight-mirova-864598/

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