sales agreement

Utility Enel has signed an agreement with Japanese energy company Inpex Corporation to sell half of its Australian operation for US$446.9 million.

Global renewables investor Actis has agreed to sell 100% of African independent power producer (IPP) BTE Renewables to French utility giant Engie and investment firm Meridiam for US$1 billion.

Emeren Group – a global solar PV developer – has sold its 58MW Polish solar portfolio to Spectris Energy. The projects were sold ‘ready to build’, and Spectris will handle construction and own the projects long-term.

Chinese solar module manufacturer Jinko Solar will sell its subsidiary Xinjiang Jinko for RMB4.3 billion (US$606.7 million).

Energy utility American Electric Power (AEP) has agreed to a sale of its 1.3GW unregulated renewables portfolio for approximately US$1.5 billion including project debt, with a view to investing in its regulated wires and generation business.

Global renewable energy developer SOWITEC has sold three Mexican solar PV plants totalling 570MW. The projects represent more than half of its 1GW development portfolio in the country.

LONGi Solar is to procure more than 200,000 metric tonnes (MT) of polysilicon from upstream provider Tongwei under a two-year agreement.