acquisitions

Global power platform Nala Renewables has acquired a 34MW PV portfolio in Lithuania from Lithuanian renewable power developer Green Genius.

Fortis Energy has acquired a 180MWac solar project in Serbia, with plans to add a battery energy storage system (BESS) to the facility.

Brookfield intends to acquire French independent power producer (IPP) and renewables and energy storage developer Neoen.

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.