The legal pitfalls of PV acquisitions

Many mature solar markets are seeing strong investor interest in acquiring operating solar assets. But as the lessons from Italy show, transactions in the secondary PV market come with numerous legal risks attached, necessitating thorough due diligence, write Arturo Sferruzza and Ginevra Biadico of Norton Rose Fulbright

Esco acquires Renewable NRG Systems

St. Louis, Missouri-based global energy provider Esco has acquired the renewable energy arm of NRG Systems, located in Vermont, under undisclosed terms.

AES and AIMco to acquire sPower for US$1.58 billion

Major global power firm AES Corporation and Canada-based investment manager Alberta Investment Management Corporation (AIMCo) have agreed to acquire utility-scale solar developer sPower from Fir Tree Partners and its minority owners.