Joint venture between French oil major and Indian renewables firm will count 2.1GW of AGEL's existing solar assets.
The acquisition follows Shell's purchase of Aussie electricity retailer ERM Power in late November and is part of the oil major's drive to establish a "one-stop energy shop" down under.
Japanese firm says divestment was 'strategic asset recycling' and that 'strengthening of the financial base continues to be one of [Mitsui & Co’s] key initiatives'.
The Spanish company expects that 1.2GW – or 40% of the total capacity purchased from the American IPP – to be live by 2023.
Canada's Brookfield adds to growing solar portfolio by becoming co-owner alongside financial giant KKR, in deal that saw original owner Acek shed final 20% stake.
Interviewed by this publication, James May says things are not as dire as they seem for the firm as it mulls a factory sale to stave off trade war impacts.
Pattern Energy responds to a Bloomberg report that claimed Toronto-based Brookfield Asset Mangement is interested in merging Pattern with its majority-owned renewable arm, TerraForm Power.
AlsoEnergy and skytron have merged to create a global renewable energy software and hardware monitoring firm.
Indian clean energy developer ReNew Power has acquired Ostro Energy Private Ltd for an undisclosed sum in what is one of India’s largest ever renewable energy deals.
German energy giants E.On and RWE have reached an agreement on a major exchange of business activities, promising a significant shake-up of the duo’s energy interests.
A fund of Global Infrastructure Partners (GIP) is to acquire NRG Energy, Inc.’s US renewable energy platform businesses and its stake in NRG Yield, Inc. (NYLD) for US$1.375 billion in cash.
Clean Focus Yield Limited and its affiliates have purchased Greenskies Renewable Energy — making Clean Energy the owner and operator of the largest commercial and industrial (C&I) portfolio in the US.
Australian large-scale renewables investor Lyon Group has confirmed it is selling three projects under development, totalling 800MWh of energy storage and 545MW of PV generation capacity, in Queensland, Victoria and South Australia.
Many developers with solar assets in India are looking to sell their portfolios. Some of them have been in the market for a long time and are under pressure from their investors to find an exit, according to the head of consultancy firm Bridge to India.
Sonnedix has acquired a controlling interest in Cox Energy Chile, a subsidiary of Spanish firm Cox Energy, and the two firms will partner on building and operating renewable energy projects in Chile.