acquisitions

French power giant EDF has acquired a 50% stake in the Togo-focused unit of off-grid renewable energy specialist BBOXX, with EDF adding its financial clout to speed up solar home system deployments and its technical expertise to improve the energy storage offering.

Cubico to acquire three solar PV projects in Portugal, ensibo adopts QOS Energy’s innovative O&M software to streamline management of 120MW PV portfolio, Bolivia launches 60MW PV project.

Thai firm B.Grimm Power Plc, through subsidiary B.Grimm Renewable Power 2 Limited, has purchased an 80% stake in a 257MW solar project in Vietnam from Truong Thanh Viet Nam Group (TTVN).

Lightsource BP has acquired six solar power assets totalling 135MW of capacity in Pennsylvania and Maryland from Orion Renewable Energy Group.

Foresight Solar Fund (FSFL) has laid claim to the top spot among UK-listed solar investors having completed the acquisition of a 114MW portfolio.

Mexican asset manager Prana Power has acquired a 108MW Mexican solar project from Madrid-based Dhamma Energy and US-headquarted firm Sunpower, who partnered on developing the project since 2015.

Africa-focused independent power producer Globeleq is to acquire Brookfield Asset Management’s interests in a South African renewable energy portfolio, involving six projects with a cumulative capacity of 178MW.

NEW Energy Solar has agreed to acquire the 55.9MW Manildra Solar Farm, in Central West, New South Wales, from a subsidiary of First Solar for AU$113 million.

French power giant ENGIE has acquired Brittany-based renewable energy firm the LANGA Group, which has activity in solar, wind, biogas and biomass.

Morgan Stanley has taken a 5.1% stake in China-based polysilicon producer Daqo new Energy, according to an SEC filing.