stake acquisition

European Energy has announced a plan to sell 49% of the stake of a 304MW solar plant in Denmark to Japanese conglomerate Mitsui.

Motor Oil Renewable Energy has acquired a majority stake in holding company Unagi S.A. with a 1.9GW solar portfolio.

EDF Renewables North America and German international insurer Munich Re have closed on a transaction for two renewable energy projects in California, the US, first announced 15 months ago.

Solar glass manufacturer Borosil Renewables has acquired a 86% stake in European peer Interfloat Group expanding its customer base in Europe.

Portuguese utility EDP Renewables (EDPR) has completed the acquisition of a 70% stake in German solar developer Kronos Solar Projects.

Plenitude, a renewables subsidiary of oil major Eni, has partnered with IPP Infrastrutture to develop 1.5GW of solar PV and wind projects in Italy and Spain.

Spanish solar developer Solarpack has reached an agreement to acquire 100% of the shares of developer Solaer.

Norfund and Norwegian pension company KLP have agreed to take a 49% stake in a 420MW solar PV plant in India developed by Enel.

Mitsubishi Corporation has completed the acquisition of remaining shares of renewables trading firm ElectroRoute.

Spanish oil major Repsol has sold a 25% stake of its renewables arm to a consortium formed by Crédit Agricole Assurances and Energy Infrastructure Partners.