acquisition

IPP Onward Energy has entered into a bidding agreement to acquire 1,171MW of operating solar assets from Global Atlantic Financial Group.

Financial services and technology company Nelnet has acquired GRNE Solar, an EPC that designs and installs residential, commercial and utility-scale solar in the US Midwest.

Norwegian energy data and intelligence company TGS has acquired renewable energy asset and real-time data manager Prediktor.

Investor CleanCapital has acquired renewable energy developer BQ Energy, adding 300MW of late-stage solar development to its pipeline.

Management firm Mirova has acquired solar finance business SunFunder in a push to expand its investment platform in emerging markets.

Energy major bp will acquire a 40.5% stake in and become operator of a green hydrogen project in Western Australia that could feature up to 26GW of solar and wind when complete.

TotalEnergies is expanding its partnership with Indian conglomerate Adani Group as they aim to deliver the world’s largest green hydrogen ecosystem in India.

South African independent power producers (IPP) BTE Renewables has bought Sonnedix Solar South Africa from Sonnedix Power Holdings.

The CEO of US solar and energy storage developer Borrego has said the company’s project development business will be less capital constrained under the new ownership of investment firm ECP, following a deal announced earlier this week to spin off and sell the unit.