acquisition

US solar firm SunPower has signed a letter of intent to acquire California-based residential and commercial installer Cobalt Power Systems in an all-equity transaction. 

US C&I solar developer Altus Power has acquired four solar projects with a total capacity of 105MW from IPP Cordelio Power. 

Renewables firm Pattern Energy has entered into a definitive agreement to acquire independent power producer Cordelio Power.

Sembcorp has acquired a 100% stake in ReNew Sun Bright for approximately US$191.6 million, through its subsidiary, Sembcorp Green Infra.

Alphabet has announced a definitive agreement to acquire data centre and energy infrastructure solutions provider Intersect for US$4.75 billion in cash. 

Altus Power has acquired a 234MW solar portfolio from independent power producer Greenbacker. 

Global investment firm Brookfield Asset Management has acquired Singapore-headquartered independent power producer (IPP) Alba Renewables.

Developer rPlus Energies has acquired two solar and storage projects with the total capacity of 900MW in Ada County, Idaho.

US tracker manufacturer FTC Solar has entered into a purchase agreement to acquire the remaining 55% stake in steel manufacturer Alpha Steel.

US solar installer SunPower has continued its expansion in the residential market with the acquisition of Utah-based residential installer Ambia Solar.