acquisitions

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.

The Emeren Group has purchased a development portfolio of solar projects in Spain from Negratin Global Services.

Summit Ridge Energy has acquired a portfolio of community solar projects in the state of Virginia, with a total capacity of 100MW.

Sonnedix's Daniel Garrido speaks about the company's acquisition of a 416MW Chilean solar portfolio, and its plans in the country.

Southeast US utility Duke Energy has sold its distributed commercial generation portfolio – including solar PV developer REC Solar and all of its assets – to investment firm ArcLight Capital Partners. Financial details of the transaction were not disclosed.