EQT Infrastructure, a global investment group, has agreed to acquire US distributed solar developer Madison Energy Investments (MEI) from affiliates of Stonepeak Partners.
The head of Enel’s 3Sun Gigafactory says the company is in advanced discussions over ventures further upstream than solar cells to make a robust supply chain in the US and explains the advantages of bifacial HJT and tandem technology to be produced at its planned US manufacturing facility.
TrinaTracker, the solar tracker-manufacturing subsidiary of Trina Solar, has penned an 875MW tracker supply contract with Samsung C&T for the Industrial Cities solar power project in Qatar.
Solar developer Altus Power has closed an up to US$200 million revolving credit facility, which will support its growth of assets and serve additional customers with solar PV products, storage and vehicle charging.
German independent power producer (IPP) ILOS Projects has secured a €500 million (US$531 million) structured finance facility from global energy and infrastructure investor EIG, intended to fund ILOS’s plans for over 2GW of solar and battery storage capacity by 2026.
Spanish oil major Repsol has acquired renewables energy investment platform Asterion Energies from European infrastructure fund Asterion Industrial for €560 million, plus up to €20 million in contingent payments.
Tech giant Meta has partnered with independent power producer Silicon Ranch to build seven solar projects in Georgia and Tennessee with a capacity of 720MW.
Japanese-headquartered financial services group ORIX Corporation has taken full ownership of Spanish renewables firm Elewan Energy after acquiring a further 20% stake in the company.
