mergers and acquisitions

A round-up of the latest news from the US solar market, including updates from NovaSource, SEIA, Borrego and Primergy.

Independent power producers combine assets to create US-wide 4GW solar, wind and natural gas entity.

US$6.1 billion deal for owner of 4.4GW of wind and solar gets thumbs up from investors despite loud opposition from minority shareholder Water Island Capital.

Union of French firms will allow Voltalia to strengthen its offering to third party clients and Greensolver to leverage operational efficiencies and a larger business network.

Joint venture between French oil major and Indian renewables firm will count 2.1GW of AGEL's existing solar assets.

The acquisition follows Shell's purchase of Aussie electricity retailer ERM Power in late November and is part of the oil major's drive to establish a "one-stop energy shop" down under.

Japanese firm says divestment was 'strategic asset recycling' and that 'strengthening of the financial base continues to be one of [Mitsui & Co’s] key initiatives'.

The Spanish company expects that 1.2GW – or 40% of the total capacity purchased from the American IPP – to be live by 2023.

Canada's Brookfield adds to growing solar portfolio by becoming co-owner alongside financial giant KKR, in deal that saw original owner Acek shed final 20% stake.