October 15 (Renewables Now) – Renewables Now has covered M&A stories across Indian industries Reliance, BP, Eneos, Plug Power and others over the past week. Below is the full list:
– India’s Reliance buys solar module maker REC for $ 771 million contract
Reliance New Energy Solar, part of Indian conglomerate Reliance Industries Ltd (BOM: 500325) has agreed to acquire Norwegian solar module maker REC Solar Holdings AS, also known as REC Group, as part of a agreement with an enterprise value of $ 771 million.
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– Reliance to take 40% of Indian EPC solar entrepreneur Sterling and Wilson
Indian conglomerate Reliance Industries Ltd (BOM: 500325) has signed definitive agreements to purchase a 40% stake in home solar EPC contractor Sterling and Wilson Solar Ltd (BOM: 542760).
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– BP takes over the American start-up Blueprint Power to promote urban energy flexibility
BP Plc (LON: BP) said it had acquired New York-based Blueprint Power, whose technology turns buildings into flexible electrical assets that generate, store and market green energy in densely populated urban areas.
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– Eneos signs $ 1.78 billion renewable energy deal in Japan
Japanese conglomerate Eneos Holdings Inc (TYO: 5020) has announced that it has reached a deal to acquire national renewable energy developer and operator Japan Renewable Energy (JRE) for around JPY 200 billion, confirming previous local media reports. .
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– Ecotricity’s hostile bid on Good Energy fails without sufficient support
Ecotricity’s hostile and softened takeover offer of UK renewable energy and gas supplier Good Energy Group Plc (LON: GOOD) lapsed as the suitor failed to secure the required minimum level of acceptances.
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– VH Global Sustainable Energy Opportunities buys a solar project site in Australia
British investment firm VH Global Sustainable Energy Opportunities (LON: GSEO) has announced the purchase of a site for a 5 MW solar power project near Adelaide, South Australia.
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– India’s Reliance injects 25 million euros into German wafer maker NexWafe
NexWafe GmbH, a German manufacturer of monocrystalline silicon wafers for solar panels, said it had received a ⬠25 million investment from a unit of Indian conglomerate Reliance Industries Ltd (BOM: 500325).
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– Ence sells a portfolio of 373 MW solar projects in Spain
Spanish pulp producer and energy group Ence Energia y Celulosa SA (BME: ENC) sells a 373 MW portfolio of solar photovoltaic projects in Spain.
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– Freyr Forms U.S. Clean Battery Cell Joint Venture with Koch Strategic Platforms
Norwegian battery cell developer Freyr Battery (NYSE: FREY; FREYR) unveiled a new 50/50 joint venture with Koch Strategic Platforms (KSP) to explore the development of a clean battery cell manufacturing plant in the United States with an annual capacity of 50 GWh by 2030.
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– Technique Solaire takes over a 34 MWp Indian solar park
The French renewable energy group Technique Solaire has finalized the acquisition of a 34 MWp ground-based solar power plant in the most populous state of Uttar Pradesh in India, bringing the total capacity of its photovoltaic plants to 68 MWp ( PV) in this South Asian country.
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– Covanta shareholders approve the proposed acquisition of EQT
Shareholders of Covanta Holding Corp (NYSE: CVA) overwhelmingly voted in favor of the planned acquisition of the US waste-to-energy (WtE) company by EQT Infrastructure for $ 5.3 billion.
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– EDF Renouvelables invests in the Vietnamese developer of rooftop photovoltaic panels, SkyX Solar
EDF Renouvelables has invested an undisclosed sum in a unit of the Vietnamese investment manager VinaCapital Group which has a portfolio of 100 MWp of solar roof assets.
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– TotalEnergies, Simply Blue form a floating wind turbine joint venture in the United States
French energy giant TotalEnergies SE (EPA: TTE) and Irish floating offshore wind company Simply Blue Group have created a joint venture (JV) targeting floating offshore wind opportunities in the United States.
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– RES unloads a 50 MW Scottish battery project at TagEnergy
UK group RES said it had awarded a 50 MW battery energy storage project in Scotland to renewable energy investor TagEnergy.
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– Globeleq takes possession of a 66 MWp solar park in Egypt
Independent power producer (IPP) Globeleq has announced that it has acquired the owner of a 66 MWp solar power plant within the Benban photovoltaic (PV) complex in Egypt.
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– Downing Renewables completes £ 15million fundraiser
Britain’s Downing Renewables and Infrastructure Trust Plc (LON: DORE) said it had secured around £ 14.9million after closing a share issue launched last month to fund more purchases of green power assets .
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– Shell’s Silicon Ranch buys carbon offsets with Clearloop
Independent power producer Silicon Ranch Corporation, the U.S. solar platform of Royal Dutch Shell Plc (AMS: RDSA), announced the takeover of Clearloop, a Nashville-based company that helps other companies adopt energy solar.
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– Quanta Services completes purchase of Blattner for $ 3 billion
Specialty outsourcing services company Quanta Services Inc (NYSE: PWR) today announced the completion of its $ 3 billion buyout of renewable energy infrastructure maker Blattner Holding Company.
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– Plug Power, Airflow to develop an aircraft propulsion system
U.S. turnkey hydrogen solutions provider Plug Power Inc (NASDAQ: PLUG) has invested in aircraft manufacturer Airflow as the two companies team up to develop a hydrogen fuel cell propulsion system for aircraft under -regional.
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– Plug Power joins the great Australian electrolyser production plan and buys a cryogenic technology company
Turnkey hydrogen solutions provider Plug Power Inc (NASDAQ: PLUG) continued its series of partnership announcements, revealing its involvement in a large electrolyzer plant plan in Australia and its acquisition of a company cryogenic technologies in the United States.
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– DSD acquires 41.5 MW of community solar projects in NY, Maryland
U.S.-based Distributed Solar Development LLC (DSD) said it has agreed to acquire a 41.5 MW portfolio of community solar projects, some with planned energy storage, located in New York and Maryland states.
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– SaaS co RatedPower secures $ 6 million in funding
Spanish solar park software developer RatedPower has pocketed $ 6 million in a Series A funding round led by European venture capital fund Seaya Ventures, the company said.
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– Global solar sector experiences strong growth in corporate finance in 9 months 2021
Total financing of solar energy companies around the world, including venture capital, public market and debt financing operations, jumped 190% year-on-year to $ 22.8 billion over the years. first nine months of 2021, reported Mercom Capital Group.
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