The main shareholder of Falck Renewables is selling its controlling stake in the solar and wind developer to an investor advised by JP Morgan Investment Management.
Infrastructure fund manager DIF Capital Partners is acquiring a majority interest in ib vogt, in a deal that is expected to fast track the solar developer’s transition towards an independent power producer (IPP) model.
Funds managed by private equity firm Antin Infrastructure Partners have secured a deal to acquire a majority stake in US solar and storage developer Origis Energy.
Canadian pension investor OMERS Infrastructure has acquired a 49% interest in the Australian renewable energy platform of utility-scale solar developer Fotowatio Renewable Ventures (FRV).
US independent power producer Silicon Ranch has acquired Clearloop, a start-up that helps companies offset their carbon emissions by funding new solar projects.
Total corporate funding in solar increased 190% in the first nine months of this year, with US$22.8 billion raised in 112 deals compared with US$7.9 billion in 72 deals in the same period last year, according to a Mercom Capital Group report.
EDF Renewables has targeted Vietnam’s solar market by investing in rooftop PV installer SkyX Solar, a subsidiary of investment management firm VinaCapital.
A subsidiary of Indian conglomerate Reliance Industries has acquired solar module manufacturer REC Group and a 40% stake in EPC and O&M solutions provider Sterling and Wilson.
SunPower’s move to double down on its residential business forms part of a strategy that will see the company aim to lower supply chain costs, expand its geographical footprint and add to its product portfolio.
