acquisition

UAE state-owned renewable energy developer Masdar has acquired a 50% stake in US IPP Terra-Gen from Energy Capital Partners.

Global investor KKR has acquired a majority stake in US-based solar and energy storage developer Avantus.

Schroders Greencoat has revealed that it will complete the UK’s “largest-ever solar acquisition”, securing 53 solar farms from Toucan Energy.

US-based independent power producer Altus Power has acquired solar assets primarily in North and South Carolina, the US, with a combined capacity of 121MW.

Under the agreement, bp will acquire the remaining stake of 50.03% in Lightsource bp at a base equity value of US$320.96 million.

Norwegian energy company Statkraft has acquired Spanish renewables developer Enerfin for an estimated €1.8 billion (US$1.9 billion).

Armor Group says its experience in the French, German and wider European markets can support Holosolis' commercial development.

Singapore-based energy company Sembcorp has announced an agreement to buy 245MW of renewables projects in Vietnam.

Renewables developer and asset owner Madison Energy Infrastructure has acquired Pro-Tech Energy Solutions, a corporate and industrial (C&I) sector engineering, procurement and construction (EPC) solar firm.

Independent power producer (IPP) Sonnedix has acquired 416MW of solar PV portfolio in Chile from Italian energy company Enel and its subsidiary Enel Chile.