acquisition

Indian module manufacturer Saatvik Green Energy has acquired an 80% equity stake in Melcon Transformers and Electricals.

BrightNight has acquired a 6GW portfolio of projects previously held under its joint venture with Canadian asset manager Cordelio Power.

Iberdrola is set to acquire a 42MW solar PV plant in Lazio, Italy, taking its total installed renewable capacity in the country to 400MW.

Indian independent power producer (IPP) Inox Clean Energy has acquired the Macquarie-owned Vibrant Energy, which operates a 1,337MW commercial and industrial-focused renewables portfolio across India.

Global investment firm Brookfield Asset Management has acquired Canadian independent power producer (IPP) Boralex for C$9 billion (US$6.5 billion).

Sosteneo has acquired the remaining 50% stake in the 151MW Mineo PV project in Catania, Sicily, from European Energy. 

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.