acquisitions

TotalEnergies has acquired a 4GW renewable energy portfolio from fellow oil major Shell, which includes 500MW of solar PV and wind assets.

Enel Green Power North America has acquired a 270MW operational solar PV portfolio from an unnamed US utility.

Arava Power has acquired 50% of OCI Energy’s La Salle Solar project, a 670MW project that OCI expects to start commercial operations in 2028.

Cox has finalised its acquisition of Iberdrola Mexico, bringing a renewable energy pipeline of 12GW into its portfolio.

Last week, US renewable energy developer Headwater Energy acquired distributed energy operator Arena Renewables.

Lightsource bp has sold a 1GW operational solar PV portfolio in Australia to Australian-headquartered renewable energy company Aula Energy.

Independent power producer Inox Clean Energy has acquired an operational solar PV portfolio in India from SunSource Energy.

Petrobras has acquired 49.9% of solar developer Lightsource bp’s subsidiaries in Brazil, for a 'not materially significant' amount of money.

LONGi has acquired system integrator PotisEdge, and plans to launch an ‘Energy Storage One-Stop Solution’.

T1 Energy and Nextracker have agreed to use the latter’s steel module frames at the former’s new 5GW module manufacturing facility in Dallas.