acquisition

Private equity firm American Securities has secured a deal to acquire US solar engineering, procurement and construction (EPC) provider Swinerton Renewable Energy and its operations and maintenance (O&M) subsidiary SOLV from Swinerton Incorporated.

Energy engineering firm Babcock & Wilcox is to enter the US solar market through the acquisition of a majority stake in Illinois-based solar contractor Fosler Construction.

German multinational insurer Munich Re has acquired a 50% stake in two EDF renewable energy projects in California through its global asset management firm MEAG

Solar EPC company iSun has bolstered its presence in the US residential segment through an acquisition of installer SunCommon.

Two European solar companies have announced new acquisitions as investment company TRIG secures 234MW of assets in Spain, while Greek industrial group Mytilineos signed an agreement for 90MW in Romania

Quanta Services has entered into a definitive agreement to acquire Blattner Holding Company, a utility-scale renewables solutions provider that has overseen more than 12GW of installed solar assets, in a deal worth US$2.7 billion.

Australian energy investor Spark Infrastructure is to be acquired by a consortium led by US private equity group KKR in a deal worth US$3.72 billion

China Three Gorges South Asia Investment has wholly acquired Dubai-based Alcazar Energy Partners’ portfolios in Egypt and Jordan, totalling 411MW

Q CELLS is set to double its clean energy project pipeline in Europe to around 10GW as its parent company secures a deal to acquire a French renewables development and construction business owned by the RES Group.

Israeli independent power producer Enlight Renewable Energy has secured a deal to acquire a portfolio of solar projects in Spain with a combined capacity of 490MWdc.