Hanwha Solutions Acquires Stake in REC Silicon ASA
Hanwha Solutions acquired a 16.67 percent stake in Norwegian polysilicon producer REC Silicon ASAfor $160 million.
Professional M&A intelligence for the energy transition
Hanwha Solutions acquired a 16.67 percent stake in Norwegian polysilicon producer REC Silicon ASAfor $160 million.
Dominion Energy (NYSE: D) closed on a deal to sell a 50% noncontrolling interest in the Coastal Virginia Offshore Wind (CVOW) commercial project to Stonepeak. The 2.6-GW CVOW, the largest offshore wind farm currently under construction in the United States, is on schedule to generate enough clean, renewable energy to power up to 660,000 homes […]
Repsol completed the acquisition of U.S. renewables developer ConnectGen from Quantum Capital Group in December 2023 for $768 million plus contingent payments.
Engie completed the acquisition of two hydropower plants in Brazil. The acquisition of the Santo Antônio do Jari Hydropower Plant in the states of Amapá and Pará and the Cachoeira Caldeirão Hydropower Plant in the state of Amapá, will add a further 612 MW of installed capacity to the company's generator park.
Masdar completed the acquisition of Saeta Yield from Brookfield Asset Management for approximately $1.4 billion. Saeta Yield owns 745 MW of operating wind capacity and 538 MW of operating solar capacity.
Iberdrola formed a joint venture with Kansai Electric Power on the 315 MW Windanker offshore wind project in the German Baltic Sea, with Kansai acquiring a 49% stake.
Equinor ASA acquired Danish solar developer BeGreen A/S, marking the company's entry into European utility-scale solar development.
Squadron Energy, owned by Australian billionaire Andrew Forrest's Tattarang, completed the acquisition of CWP Renewables for approximately A$4 billion, creating one of Australia's largest renewable energy platforms.
Adani Green Energy completed the acquisition of SB Energy India from SoftBank Group and Bharti Group for an enterprise value of $3.5 billion.
JSW Neo Energy, a subsidiary of JSW Energy, completed the acquisition of Mytrah Energy India for an enterprise value of approximately $1.3 billion. The transaction added 1,753 MW of operating wind power capacity across seven Indian states to JSW's renewable energy portfolio.