Weekly renewables M&A round-up (Jun 5-9)

Renewables Now covered M&A stories about Linea Energy, Hanwha's Q Energy, AES, and others in the past week. Below is the full list:

-- Linea Energy snaps up 490-MWp Texas solar project from Horus

Independent power producer Linea Energy announced it has taken possession of a 490-MW DC solar project in Texas from Britain’s Horus Energy, thus marking its entity into the South Central US state.

Read more: https://renewablesnow.com/news/linea-energy-snaps-up-490-mwp-texas-solar-project-from-horus-824848/

-- US utility PGE buys 75-MW battery storage scheme in Oregon

US utility Portland General Electric (PGE) has acquired a 75-MW battery energy storage project in Oregon and is getting ready to enter construction soon.

Read more: https://renewablesnow.com/news/us-utility-pge-buys-75-mw-battery-storage-scheme-in-oregon-824868/

-- ACEN wins regulatory nod to buy 136-MW wind portfolio in Texas

ACEN Corp, the listed energy platform of Philippine conglomerate Ayala Group, has secured regulatory approval to proceed with the proposed acquisition of a 136-MW portfolio of operating wind farms in Texas.

Read more: https://renewablesnow.com/news/acen-wins-regulatory-nod-to-buy-136-mw-wind-portfolio-in-texas-824878/

-- TotalEnergies ENEOS to acquire rooftop solar arrays in Vietnam

The joint venture (JV) of French energy group TotalEnergies SE and Japan’s ENEOS Holdings Inc will acquire a 3.4-MWp rooftop solar portfolio in Vietnam from Sao Mai Solar Company, with plans to develop more.

Read more: https://renewablesnow.com/news/totalenergies-eneos-to-acquire-rooftop-solar-arrays-in-vietnam-824916/

-- Octopus to create Queensland's largest hybrid renewable park

Octopus Investments Australia has acquired a 175-MW solar project with a battery storage component in Queensland, which will add to an existing wind farm to create the largest multi-technology renewable energy hub in the state.

Read more: https://renewablesnow.com/news/octopus-to-create-queenslands-largest-hybrid-renewable-park-824968/

-- Solar Energy Structure to sell 90-MW Spanish PV project trio

Spanish solar developer and installer Solar Energy Structure has signed a definitive agreement for the divestment of up to 90 MW of photovoltaic (PV) projects to an unnamed listed European independent power producer.

Read more: https://renewablesnow.com/news/solar-energy-structure-to-sell-90-mw-spanish-pv-project-trio-824970/

-- Hanwha's Q Energy divests 76-MW solar duo in Spain

Q Energy Solutions SE, the Berlin-based energy division of Korean enterprise Hanwha Solutions Corporation, has sold a 76-MW-plus portfolio of shovel-ready solar projects in the Spanish province of Ciudad Real to an unnamed investor.

Read more: https://renewablesnow.com/news/hanwhas-q-energy-divests-76-mw-solar-duo-in-spain-825042/

-- AES buys 2-GW solar-plus-storage project in California from Avantus

US power company AES Corp said it has acquired the largest permitted solar-plus-storage project in the US, the 2-GW Bellefield scheme, in Kern County, California, from its developer, Avantus.

Read more: https://renewablesnow.com/news/aes-buys-2-gw-solar-plus-storage-project-in-california-from-avantus-825177/

-- Purpose ESG invests in Canada’s Stardust Solar

Clean tech-focused investment issuer Purpose ESG Holdings Inc has made an investment in Canadian solar photovoltaic (PV) systems installer and certified training provider Stardust Solar Technology Inc to take advantage of the growing residential and commercial solar market in North America.

Read more: https://renewablesnow.com/news/purpose-esg-invests-in-canadas-stardust-solar-825181/

-- EC clears Asia-Pacific solar endeavour of ib vogt, Ayala's ACEN

The European Commission (EC) gave the green light to certain subsidiaries of German solar developer ib vogt GmbH and Philippine conglomerate the Ayala Group for the creation of three joint ventures with the purpose of realising solar projects in the Asia-Pacific region.

Read more: https://renewablesnow.com/news/ec-clears-asia-pacific-solar-endeavour-of-ib-vogt-ayalas-acen-825234/

-- AES Andes buys 146-MWp solar park in Chile from EDF EN, Marubeni

AES Andes has acquired the 146-MWp Bolero solar park from a 50/50 partnership between EDF EN Chile Holding SpA and Marubeni Corp.

Read more: https://renewablesnow.com/news/aes-andes-buys-146-mwp-solar-park-in-chile-from-edf-en-marubeni-825256/

-- Greencoat UK Wind closes buy of 42-MW Scottish wind farm

Greencoat UK Wind Plc has wrapped up the acquisition of a 42-MW wind farm in Scotland’s South Lanarkshire which has a ten-year fixed-price virtual corporate PPA (PPA) in place with UK telecommunications company BT Group plc.

Read more: https://renewablesnow.com/news/greencoat-uk-wind-closes-buy-of-42-mw-scottish-wind-farm-825293/

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