portfolio acquisition

TotalEnergies has acquired a 4GW renewable energy portfolio from fellow oil major Shell, which includes 500MW of solar PV and wind assets.

Independent power producer Lydian Energy has acquired a 1.5GW solar PV and battery energy storage system (BESS) portfolio in North America.

Sonnedix has acquired a portfolio of six Italian solar PV projects from EOS Investment Management Group and Capital Dynamics.

Renewables firm Pattern Energy has entered into a definitive agreement to acquire independent power producer Cordelio Power.

Spanish IPP Sonnedix has acquired five solar projects in Sicily and Lazio, Italy, with a combined capacity of 226MW.

Matthias Taft, the chief executive officer of renewables developer BayWa r.e., will leave the company at the end of August.

French private equity firm Ardian Clean Energy Evergreen Fund (ACEEF) has bought 117 solar PV plants, worth 116MW of total capacity in several locations in Italy.

Colombian energy supplier Celsia has acquired a 375MW solar PV portfolio in Colombia from renewables developer Mainstream Renewable Power.

Actis has acquired Stride Climate Investments, from the Macquarie Group, and with it a 371MW portfolio of operating solar assets in India.

In related Romanian news, Simtel has partnered with Monsson to develop, construct and sell 150MW of solar PV and/or hybrid projects.