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The acquisition builds on Plenitude's previous expansion in Italy and Spain earlier this year. Image: Plenitude

Eni’s Plenitude sells 20% stake to Ares Management Corporation

June 23, 2025
Eni has sold a 20% stake in its renewables arm, Plenitude, to global investment manager Ares Management Corporation.
SB Energy’s 418MWp Juno Solar project in Texas. Image: SB Energy.

Ares Management invests up to US$600m in SB Energy

March 7, 2022
Private equity firm Ares Management is leading an equity investment of up to US$600 million in SB Energy, the SoftBank-owned solar developer.
Distributed Solar Development’s PV project at California’s Lost Hills Oilfield. Image: Distributed Solar Development.

DSD bags US$200m investment to support C&I solar pipeline

March 7, 2022
US commercial and industrial (C&I) PV developer DSD Renewables (DSD) has secured a US$200 million preferred equity investment from Ares Management Corporation to increase its growth.
An Apex energy project.

Gigawatts of solar, wind earmarked for powering Texas green hydrogen hub

February 23, 2022
Gigawatts of solar and wind plants from renewables developer Apex Clean Energy could be used to power a green hydrogen hub in Texas that would help decarbonise hard-to-abate industries.
Apex is aiming to transition to become a renewables IPP. Image: Apex Clean Energy via Twitter.

Ares Management acquires majority stake in Apex Clean Energy

October 7, 2021
Funds managed by private equity firm Ares Management Corporation have acquired a majority stake in US renewables developer Apex Clean Energy.
Granger_solar_energy

Ares invests in US utility-scale solar player Heelstone Energy

August 21, 2019
Solar deal is latest of a flurry by major US asset managers, joining the likes of Blackrock and Capital Dynamics.

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