Professional M&A intelligence for the energy transition
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.
Sembcorp Industries completed the acquisition of Vector Green Energy from Global Infrastructure Partners for approximately $474 million.
RWE AG completed its $6.8 billion acquisition of Con Edison's clean energy businesses in March 2023. The deal, which involves the acquisition of Con Edison Clean Energy Businesses, added 3 GW of operating solar and wind projects and a 7 GW development pipeline, making RWE the fourth-largest renewable energy company in the U.S.
Macquarie Asset Management acquired DE Shaw Renewable Investments (DESRI) in 2024 in a transaction valued at approximately $1.7 billion. DESRI manages a 6 GW portfolio of operating solar, wind, and storage projects across the U.S.
Ormat Technologies acquired geothermal and solar assets from Enel Green Power North America for $271 million in January 2024. The portfolio includes assets in Nevada, Utah, Connecticut, and California.
Energy Capital Partners completed its take-private acquisition of Atlantica Sustainable Infrastructure for $2.55 billion in December 2024. Atlantica owns and operates a 2.2 GW renewable energy and infrastructure portfolio across the Americas, EMEA, and South Africa.
BlackRock (NYSE: BLK) completed its $12.5 billion acquisition of Global Infrastructure Partners in October 2024. GIP is the largest independent infrastructure manager by assets under management globally, with over $100 billion in AUM across infrastructure equity and credit strategies supported by approximately 400 employees.
Brookfield Renewable completed its $2.8 billion acquisition of Duke Energy Renewables in October 2023. The deal added 3.4 GW of operating wind, solar, and battery storage capacity, with an additional 6.1 GW in development across the U.S.
American Electric Power (Nasdaq: AEP) sold its distributed resources business, AEP OnSite Partners, to funds advised by Basalt Infrastructure Partners. AEP OnSite Partners owns, operates and maintains behind-the-meter assets and distributed energy resources and sells the output to schools, municipalities, hospitals and other commercial and industrial customers. Their portfolio consists of more than 300 MW […]
An Invenergy-led consortium with CDPQ acquired American Electric Power's unregulated renewables business in 2023, including 1,365 MW of operating wind and solar capacity across multiple states.