Weekly review of renewable mergers and acquisitions (May 31-June 4)
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June 4 (Renewables Now) – Renewables Now has covered stories of mergers and acquisitions on Petrobras, BP, Saudi Aramco and others over the past week. Below is the full list:
– Elliott Management wants to sell 300 MW Australian solar platform – report
US investment manager Elliott Management Corporation is seeking buyers for its Australian solar power generation portfolio totaling around 300 MW, reports The Australian.
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– Alpiq buys 18 MW of solar projects from ABO Wind in Spain
Swiss power producer and energy trader Alpiq has announced the acquisition of an 18 MW solar portfolio in Spain from Germany’s ABO Wind AG (ETR: AB9).
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– Etrion abandons a Japanese 45 MW photovoltaic project, others will follow in the coming weeks
Solar power producer Etrion Corp (TSE: ETX) has announced that it has completed the sale of its 45MW solar farm project to Niigata, Japan in a deal valued at $ 6.3 billion. JPY.
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– Modular wind turbine maker Norhybrid pockets USD 3 million
Norhybrid Renewables AS, a Norwegian developer of a modular vertical axis wind turbine, has secured $ 3 million in investments.
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– Magnora lifts its stake in Swedish perovskite company Evolar
Renewable energy investor Magnora ASA (OSL: MGN) has announced plans to increase its stake in Swedish solar cell technology company Evolar AB to 40.7%.
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– Petrobras finalizes the sale of a 26 MW wind farm in Brazil
Brazilian state-owned company Petroleo Brasileiro SA (BVMF: PETR4), or Petrobras, has completed the sale of its entire stake in a 26 MW wind farm in the state of Rio Grande do Norte.
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– BP purchases a 9 GW solar project pipeline in the United States
British oil and gas group BP Plc (LON: BP) said it has agreed to acquire a 9 GW solar project pipeline in the United States from developer 7X Energy Inc.
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– RES purchases 412 MW of wind power assets under management from DNV
UK renewable energy company RES said it had acquired certain asset management activities from Norwegian company DNV on 412 MW of wind farms in operation in the UK and Ireland.
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– DIF acquires 108 MW of wind projects in Poland
Infrastructure fund manager DIF Capital Partners said it had acquired four onshore wind projects ready for construction totaling 108 MW in Poland from German wind developer Sabowind.
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– Oil and gas company Prominence to buy Patriot, Australian developer H2 Green
Oil and gas exploration and development company Prominence Energy NL (ASX: PRM) plans to enter the green hydrogen market in Australia by purchasing a minority stake in Patriot Hydrogen Pty Ltd.
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– Asset manager Instar completes sale of 30 MW wind portfolio in British Columbia
Instar Asset Management announced that it has completed the sale of the 30 MW Okanagan Wind Platform in British Columbia to Canadian Power Holdings Inc, a wholly owned subsidiary of Calgary-based CK Group.
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– Saudi Aramco invests in storage developer Energy Vault
The venture capital arm of energy and chemicals producer Saudi Aramco (TADAWUL: 2222) has invested an undisclosed amount in renewable energy storage system maker Energy Vault Inc.
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– Tri Global sells 350 MW of wind and solar projects to Leeward
US renewable energy developer Tri Global Energy has agreed to offload up to 350 MW of wind and solar power projects in Indiana to Leeward Renewable Energy.
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– Berkshire Hathaway unit takes over 54 MW wind project in Iowa
BHE Renewables LLC, a subsidiary of Berkshire Hathaway Energy Company, announced that it has completed the purchase of a 54 MW wind project in Iowa from developer RPM Access LLC for an undisclosed amount.
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– Vestas sells Colorado tower factory to CS Wind
Danish wind turbine maker Vestas Wind Systems A / S (CPH: VWS) has signed an agreement to sell its tower plant in Pueblo, Colorado, to South Korean tower maker CS Wind Corp (KRX: 112610).
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– Octopus Renewables to acquire a 50 MW wind project in Scotland
Octopus Renewables Infrastructure Trust plc (LON: ORIT) has announced that it has agreed to acquire the rights to build the 50 MW Cumberhead Wind Farm in South Lanarkshire, Scotland.
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– Etrion organizes the sale of a 9.5 MWp solar park in Japan
Solar power producer Etrion Corp (TSE: ETX) has announced that it has reached an agreement to sell its 9.5 MW (direct current) Misawa solar farm in Japan.
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– Photovoltaic window developer Next raises $ 13.4 million
U.S. PV window developer Next Energy Technologies Inc has raised $ 13.4 million in a Series C funding round that is expected to help the company bring its technology to market.
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– Pearce Renewables purchases another O&M company, Mortenson Energy Services
Pearce Renewables, a division of operations, maintenance and engineering services provider Pearce Services, has acquired sector player Mortenson Energy Services LLC, which focuses on the wind and solar industries.
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– ContourGlobal and EIP sign agreement to purchase 18 MW of solar power in Italy
UK-based power producer ContourGlobal plc (LON: GLO) and Swiss investment manager Energy Infrastructure Partners AG (EIO) have reached an agreement to acquire an 18 MW solar park portfolio in Italy.
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– Metacon takes full control of Greek hydrogen specialist Helbio
Metacon AB (FRA: M16), the Swedish developer of a technology for converting biogas to hydrogen, has agreed to acquire the 41.13% stake it did not already hold in the Greek player in the gas sector. hydrogen Helbio Holdings SA.
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– The Taaleri fund invests in 252 MW of Finnish wind power
The Taaleri SolarWind II fund of the energy unit of Finnish asset manager Taaleri Plc (HEL: TAALA) has invested in the Isoneva and Murtotuuli wind farm projects in Finland for a total of 252 MW.
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– Saipem will acquire the floating wind turbines from Naval Energies
Italian oil and gas contractor Saipem SpA (BIT: SPM) has announced that it will acquire the floating wind business of Naval Energies, a subsidiary of the French naval defense company Naval Group.
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