acquisition

UAE state-owned renewable energy developer Masdar has reached an agreement to buy 67% stake in Greece's Terna Energy.

PV tracker manufacturer Nextracker has acquired US-based solar foundation company Ojjo to expand its utility-scale solar foundations business.

UAE state-owned renewable energy developer Masdar has acquired a 50% stake in US IPP Terra-Gen from Energy Capital Partners.

Global investor KKR has acquired a majority stake in US-based solar and energy storage developer Avantus.

Schroders Greencoat has revealed that it will complete the UK’s “largest-ever solar acquisition”, securing 53 solar farms from Toucan Energy.

US-based independent power producer Altus Power has acquired solar assets primarily in North and South Carolina, the US, with a combined capacity of 121MW.

Under the agreement, bp will acquire the remaining stake of 50.03% in Lightsource bp at a base equity value of US$320.96 million.

Norwegian energy company Statkraft has acquired Spanish renewables developer Enerfin for an estimated €1.8 billion (US$1.9 billion).

Armor Group says its experience in the French, German and wider European markets can support Holosolis' commercial development.

Singapore-based energy company Sembcorp has announced an agreement to buy 245MW of renewables projects in Vietnam.