portfolio sale

Shell Overseas Investment, a wholly owned subsidiary of oil and gas giant Shell, has signed an agreement to sell 100% of Solenergi Power Private to renewables platform Aditya Birla Renewables (ABRen).

Independent power producer (IPP) Grenergy has agreed to sell an 88MW solar PV portfolio of projects in Colombia.

Infrastructure investment firm Nuveen Infrastructure has secured US$171 million in financing for a 137MW solar PV plant in South Korea.

Greek renewables developer Metlen Energy & Metals has sold a Chilean solar-plus-storage portfolio to investor Glenfarne Asset Company.

Italian renewable energy developer Limes has sold a 287MW portfolio of solar PV and wind power projects to an unnamed “international independent power producer (IPP)”.

The sale of the three phases represents 23% of the capacity of the Oasis de Atacama solar-plus-storage project.

UK-based investment group Foresight Solar Fund has confirmed that it will sell its Australia portfolio, consisting of 170MW of operational solar PV and 122MW of battery energy storage systems (BESS).

The portfolio consists of three solar projects – with 160MW, 67MW and 40MW of capacity each – located in Central Greece.

US utility American Electric Power (AEP) has signed an agreement to sell its 625MW of solar PV assets in the state of New Mexico to investment firm Exus Asset Holdings.

Divestment of DG portfolio to Denmark’s Obton follows sales in countries including Poland and emerges after firm returned to profitability but noted rising short-term debt levels.