acquisitions

Sunmind, a subsidiary of construction firm VINCI Concessions, has acquired solar developer Helios Nordic Energy for US$73 million.

GreenYellow has bought Grow Energy Management (GEM), acquiring its 120MW portfolio of PV projects in Portugal and Poland.

Nova Clean Energy has acquired a Texas solar and wind portfolio from BNB Renewable Energy, which has a power generation capacity of 1GW.

The Missouri Public Service Commission (MPSC) has approved Ameren Missouri’s investment in 400MW of solar power projects in the state.

German independent power producer Encavis Asset Management has started construction on a 260MW solar PV plant in Germany and acquired a 139MW Spanish PV portfolio.

Altus Power has acquired an 84MW portfolio of commercial-scale projects from global firm Vitol, in a deal valued at US$118 million.

Global renewables investment platform Qualitas Energy has acquired US solar and storage platform Heelstone Renewable Energy for an undisclosed sum.

FP Lux Group has purchased a 114MWp portfolio of solar PV projects in Italy from German renewables developer PNE in the first investment of its FP Lux Energy Transition Fund.

Eni Plenitude,has acquired an 80% stake in a portfolio of US projects, which accounts for a power generation capacity of 272MW.

Globeleq has finalised its acquisition of a 75% stake in the 41MW Central Solar de Mocuba solar project in Mozambique from Scatec KLP.