acquisition

Speciality insurer Beazley has reached an agreement to acquire US-based climate insurance provider kWh Analytics.

A consortium of companies led by Global Infrastructure Partners (GIP), a subsidiary of global asset owning giant BlackRock, is set to acquire US utility AES Corporation in a US$10.7 billion deal. 

Virya Energy has secured US$99 million (€85 million) in equity from EBRD to acquire and scale a portfolio of solar PV projects in Poland.

US engineering and manufacturing company MacLean-Fogg has acquired solar PV tracker and fixed-tilt solutions manufacturer OMCO Solar.

Enel has acquired an 830MW portfolio of operating solar and wind assets in the US from investment firm Excelsior Energy Capital.

Independent power producer (IPP) TerraForm Power has acquired a 1.56GW solar project in Lee County, Illinois from Hexagon Energy.

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.