EU executive finds no competition concerns around €4.1 billion deal that will see Mitsubishi take 80% stake in Eneco and subsidiary Chubu hold remaining 20%.
Firm was in talks last year with private equity and strategic suitors but has now opted to divest its Tempress business to a newly-created Dutch entity, naming a new group CEO in the process.
Deal to sell 74% stake to Mumbai-based financial services group Edelweiss will pave way for ‘partnership’ where Engie will continue running solar assets on buyer’s behalf.
Milan-based F2i inks deal to fully buy Madrid-based developer from financial owner Cerberus, unlocking access to a 1GW solar pipeline in bustling Southern European market.
