asset sale

Zelestra has completed the sale of its Latin America platform to Promigas in a deal valued at approximately US$1.1 billion.

Impacted by the "One Big Beautiful Bill Act", a Chinese PV company with a US factory has opted to exit the local market by selling its US subsidiary.

Spanish IPP Zelestra has signed an agreement to sell its 3.5GW Latin America renewables platform to Colombian natural gas firm Promigas.

US solar residential installer Sunnova has entered into a stalking horse asset purchase agreement with Omnidian for some of its assets.

TotalEnergies has expanded its renewables assets in the Caribbean, sold a stake in projects in Portugal and begun construction on two PV parks in Spain.

US residential solar companies Sunnova and Solar Mosaic have filed voluntary petitions for relief under Chapter 11 of the US Bankruptcy Code.

Maxeon has reached an agreement-in-principle for the sale of Maxeon's EMEA, APAC and LATAM sales and marketing organisation to TCL Technology Group, the parent company of Maxeon’s majority shareholder, TCL Group.

UK-based investment group Foresight Solar Fund has confirmed that it will sell its Australia portfolio, consisting of 170MW of operational solar PV and 122MW of battery energy storage systems (BESS).

The winning bid from SunPower assets are the Blue Raven Solar business, New Homes business and non-installing Dealer network.

The stalking horse bid from Complete Solaria was set at US$45 million earlier this month when SunPower filed for Chapter 11 bankruptcy.