Weekly renewables M&A round-up April 9 to April 15 2018

By April 16, 2018Industry News

Below you can find a list of Renewables Now stories related to merger and acquisition (M&A) and asset purchase/divestiture deals that originated in the week April 9 – April 15:

— Greensolver buys UK renewable energy asset manager ENTAP

French wind and solar technical services provider Greensolver said it has acquired London-based asset manager ENTAP in an attempt to deepen its portfolio and grow its offering in the UK and other European countries.

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— Tokyo Century joins 1.1-MW floating PV project in Taiwan

Tokyo Century Corp (TYO:8439) said it has entered a 1.1-MW solar float project in Taiwan owned by a local arm of French company Ciel et Terre.

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— Southern Co to sell one-third stake in solar portfolio in Q2 – report

US utility Southern Co (NYSE:SO) anticipates to announce the sale of a one-third stake in its 1.7-GW solar portfolio this quarter, Bloomberg said, quoting the company’s CEO Tom Fanning.

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— Global solar corp funding falls to USD 2bn in Q1 – Mercom

Total corporate funding in the global solar sector fell to USD 2 billion in the first quarter of 2018, down 65% on the quarter and 38% on the year, consultancy Mercom Capital Group LLC said.

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— BayWa r.e. plans investments in energy startups via new VC unit

The renewables unit of German diversified group BayWa AG (ETR:BYW6) plans to make investments in startups from across the energy sector focussed on digital solutions, storage and e-mobility.

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— AES acquires 79.8-MW wind project in Argentina – report

US power company AES Corp (NYSE:AES) has signed a deal to acquire 100% of the 79.8-MW Energetica I wind project in Agrentina’s Buenos Aires province, local media reported.

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— Genneia buys 82 MW of solar projects in Argentina

Argentine thermal and renewable energy group Genneia SA announced it has acquired 82 MW of solar projects in the country.

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— Sonnedix adds 11 MW to Italian PV plant portfolio

Independent solar power producer Sonnedix Power Holdings Ltd has acquired 10 solar parks in Italy totalling 11 MW, expanding its portfolio in the country to 125 MW.

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— Cbus, DIF become major investors in Aussie wind, solar portfolio

Construction superannuation fund Cbus Super has joined hands with the Dutch Infrastructure Fund (DIF) to become the majority shareholders in a new renewable energy company in Western Australia focusing on wind and solar power generation.

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— Swiss co EBL acquires 13.2-MW wind park in Germany

Swiss company EBL Wind Invest AG said it has acquired the 13.2-MW Winsen-Pattensen II wind farm in northwestern Germany from project developer Win Energie & Orbis.

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— Rabbalshede Kraft unveils 2 Swedish wind project purchases

Swedish wind power company Rabbalshede Kraft AB said it is buying a couple of wind projects that would see a total of 10 turbines being install at two different locations.

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— 7C Solarparken to buy 9-MWp rooftop portfolio in Germany

German photovoltaic (PV) plants owner 7C Solarparken AG (ETR:HRPK) said it has agreed to buy a 9-MWp rooftop solar portfolio from SunX GmbH.

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— S Africa’s PIC takes control of CPV power plant

South Africa’s Competition Tribunal said it has approved Public Investment Corporation SOC Ltd’s (PIC) acquisition of a 44-MWp concentrated photovoltaic (CPV) power plant in Touwsrivier, Western Cape.

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— Enertrag takes 50% in 1.8-GW wind portfolio in S Africa

German renewables company Enertrag AG has agreed to buy a 50% stake in a South African wind projects portfolio of 1.8 GW from Genesis Eco-Energy Developments (GEED).

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