project acquisition

Ingka Group, the owner of Swedish shopping chain IKEA, has acquired a 300MW solar PV project in Dâmbovița county, Romania.

US-based independent power producer Enfinity Global has closed €300 million (US$316 million) in equity funding from global alternative asset manager ICG, with another €100 million expected to close within a year.

Independent power producer (IPP) Sonnedix has acquired 416MW of solar PV portfolio in Chile from Italian energy company Enel and its subsidiary Enel Chile.

Renewables investor Magnora ASA has sold a 90MW solar PV project in South Africa to independent power producer (IPP) Globeleq.

French renewable power company Voltalia has sold a ready-to-build 420MW solar PV project in Brazil to energy company Newave Energia.

Advanced Power has sold its under-development Oriana solar-plus-storage project in the US state of Texas to Sabanci Renewables.

Swiss-headquartered asset investment firm Capital Dynamics has acquired 170MW of ready-to-build solar PV capacity in Italy for an undisclosed sum and from an unnamed global energy service provider.

US energy company Southern Power, a subsidiary of utility the Southern Company, has acquired a 150MW solar PV plant in Wyoming from PV manufacturer Qcells USA.

Danish renewables firm European Energy has sold a 49% stake in its 304MW Kassø solar PV plant to Japanese conglomerate Mitsui & Co.

Canadian renewables firm Westbridge Renewable Energy will complete the first transaction of one of its five definitive agreements with Greek developer Mytilineos’ subsidiary, Metka.