acquisition

The Missouri subsidiary of US utility Ameren has received approvals from the state Public Service Commission to acquire a 150MW solar project in White County, Illinois. The project is expected to enter commercial operations late next year.

The combined value of five industrial projects in Vermont was US$5.1 million.

Brookfield Renewable acquires a 50% stake in renewable developer X-Elio from its joint venture partner and investment firm KKR. 

Greek utility Public Power Corporation S.A (PPC) has signed a deal to purchase the entirety of Enel Group’s Romanian equity and assets.

Renewable energy investor Copenhagen Infrastructure Partners (CIP) has acquired the majority share in Mulilo Energy Holdings, a South African independent power producer (IPP),

German utility RWE has completed its acquisition of Con Edison Clean Energy, expanding its US portfolio of solar PV and wind projects to 8GW.

Malaysian clean energy solutions company Gentari has acquired solar developer Wirsol Energy Australia and its assets from Wircon Group.

Toyota Tsusho Corporation has announced an 85% stake purchase in SB Energy, the Japanese Solar developer subsidiary of SoftBank Group.

Florida-headquartered commercial and industrial (C&I) solar developer Solops has been acquired by Denham Capital in a US$200 million purchase agreement, a move which sees Solops become an independent power producer (IPP) under the new ownership.

Renewables investor Cubico Sustainable Investments (Cubico) has signed an agreement with energy solutions platform ZEG Energias Renováveis (ZEG) to acquire a developing solar PV project in Brazil.