ready-to-build

Finnish investor Korkia and solar developer Global Consulting Energy have formed a development company to build up to 1GW solar PV portfolio in Italy.

French energy major TotalEnergies has acquired a combined 208MW of solar PV capacity in Romania from Germany-based renewables developer PNE.

Investment group Foresight Solar Fund has secured a pipeline of 467MW development-stage solar PV projects in Spain.

IKEA owner Ingka has acquired shovel-ready solar and wind assets in Poland from renewables developer OX2 in a €190 million (US$203 million) deal.

Italian asset manager Green Arrow Capital (GAC) has signed a framework agreement with Spanish solar company Progressum Energy Developments (PED) to acquire 508MW of ready-to-build solar PV projects in Spain in a deal worth over €400 million (US$446 million).