Africa-focused independent power producer Globeleq is to acquire Brookfield Asset Management’s interests in a South African renewable energy portfolio, involving six projects with a cumulative capacity of 178MW.
Ayala Corporation, part of Filipino conglomerate Ayala Group, has acquired a controlling stake in Silicon Valley-based firm Merlin Solar Technologies, which produces flexible, mobile and wearable crystalline silicon solar modules.
Silicon Module Super League (SMSL) member Canadian Solar has partnered Amsterdam-headquartered Photon Energy NV to co-develop five utility-scale solar power projects, with a total capacity of 1.14GW in New South Wales, Australia.
Global investment management organisation Canada Pension Plan Investment Board (CPPIB) has acquired a 6.3% stake in Indian renewables developer ReNew Power Ventures from the Asian Development Bank (ADB) for US$144 million.
Fund manager Global Infrastructure Partners (GIP) and its co-investors have closed on their previously announced acquisition of 100% of the equity interest in renewable energy developer Equis Energy, in what is the largest renewable energy generation deal in history.