Stonepeak Partners

Investment fund Stonepeak has launched a new Middle Eastern renewables platform headed up by a former executive at Jinko Power.

Stonepeak has acquired a 46.3% stake in Repsol’s 777MW solar and storage portfolio currently in operation in New Mexico and Texas.

Peak Energy and TOPINFRA have launched a joint venture that aims to develop more than 500MW of solar and battery storage capacity.

Australian renewables developer Genex Power has received an unsolicited takeover offer from two investment firms.