m&a

French energy major Total has completed the acquisition of a 73.04% stake in gas and renewable power provider Direct Energie.

Australia-based firm Carnegie Clean Energy Limited plans to sell its solar, storage and micro-grid division to Tag Pacific Limited, which will result in the formation of a significant EPC company.

Madrid-headquartered PV developer Dhamma Energy has closed the sale of a 37MW ready-to-build solar project located in the Mexican state of San Luis Potosi to asset manager Balam Fund.

Finland’s Fortum has signed an agreement to sell a 54% share of its solar power company that operates four solar plants in India, with an aggregate capacity of 185MW, to UK Climate Investments (UKCI) (40%) and Elite Alfred Berg (14%).

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

Greenko acquires Orange Renewables, Energy minister praises achievements, CLEAN and GOGLA jointly launch India DRE Data Collection.

Lightsource BP, one of Europe’s largest solar companies, has acquired Irish Internet of Things (IoT) specialist Ubiworx, in a bid strengthen its digital capabilities.

Plus the case for an Indian Green Investment Bank to counter the high cost of capital.

A fund of Global Infrastructure Partners (GIP) is to acquire NRG Energy, Inc.’s US renewable energy platform businesses and its stake in NRG Yield, Inc. (NYLD) for US$1.375 billion in cash.

Fund manager Global Infrastructure Partners (GIP) and its co-investors have closed on their previously announced acquisition of 100% of the equity interest in renewable energy developer Equis Energy, in what is the largest renewable energy generation deal in history.