shareholders

South-Korean renewable energy developer SK D&D has signed a shareholders agreement with Glennmont Partners to establish a joint venture (JV) investing in solar PV projects in South Korea. The news follows the MOU signed in June this year.

EQT infrastructure has announced a takeover bid for Solarpack, which owns approximately 450MW of operational solar PV projects.

Deal brings Beijing’s fund for the Belt and Road Initiative closer to 1.668GW Saudi clean energy developer it has partnered with for past PV projects.

Canada’s Brookfield Asset Management has proposed a takeover of TerraForm Power and TerraForm Global – either by buying out 100% of the company for cash, or purchasing its existing Class A and Class B shares and replacing SunEdison as sponsor.

Tesla Motors and SolarCity are closer to combining their empires to form what could be the world’s largest solar and energy storage company, as the final referendum for the merger has been officially set for 17 November 2016.

SolarCity purchase under threat as Tesla shareholders file four lawsuits in two weeks, alleging the company's board breached fiduciary duties.