Volta Inc said on Wednesday that a Shell Plc subsidiary would take over the electric vehicle (EV) charging network operator in an all-cash deal valued at about $169 million. Shell USA Inc will acquire all outstanding shares of Class A common stock of Volta for 86 cents apiece in cash in a deal that is […]
Vedanta to acquire Meenakshi Energy for Rs 1,440 cr – EQ Mag
The mineral and metal miner said that it will acquire the debt- laden power company, Meenakshi Energy for a total cash consideration of Rs 1,140 crore In an exchange filing, the mining company said, “Post submission of bid for Meenakshi Energy under Corporate Insolvency Resolution Process (CIRP) under Insolvency and Bankruptcy Code (IBC), Vedanta has […]
Nautilus Set to Acquire its Largest Pre-Operational Community Solar Portfolio from Seaboard Solar Holdings – EQ Mag
Summit, New Jersey : Nautilus Solar Energy®, LLC (“Nautilus”), on behalf of its affiliate Nautilus US Power Holdco, LLC (“NUPH”), announced that it has signed a deal to acquire a 54MW portfolio of solar projects from Seaboard Solar Holdings, LLC (“Seaboard”). The nine projects in the portfolio are located in New York and are expected […]
Altus Power to acquire solar assets from True Green Capital – EQ Mag
The solar portfolio is located across California, New York, New Jersey and Massachusetts. US-based renewable energy firm Altus Power has agreed to purchase True Green Capital Management’s (Tgc) 220MW solar asset portfolio for a consideration of $293m. The portfolio consists of 207MW of commercial-scale operating solar capacity and 13MW of capacity nearing completion. Altus Power […]
NextEra Energy Partners, LP announces agreement to acquire an approximately 1,080-megawatt net interest in a portfolio of long-term contracted renewables projects and enters into new convertible equity portfolio financing – EQ Mag
Announces agreement to acquire a 49% interest in an approximately 1.5-gigawatt renewables portfolio and approximately 100% of the indirect membership interests in an approximately 345-MW portfolio of operating wind assets Enters into agreement for a 10-year convertible equity portfolio financing for $805 million that includes the newly acquired assets plus six existing NextEra Energy Partners’ […]
SEMBCORP TO ACQUIRE VECTOR GREEN, ADDING 583MW OF RENEWABLE ASSETS IN INDIA – EQ Mag Pro
Completion of acquisition will bring the Group’ s gross renewable energy capacity to 8.5GW[1], closer to its 2025 target of 10GW of gross installed renewable capacity Sembcorp’s gross renewable energy portfolio installed and under development in India will grow to 3GW Singapore : Sembcorp Industries (Sembcorp) announces that its wholly-owned subsidiary, Sembcorp Green Infra Limited, […]
WEC Energy Group to acquire 80% ownership of Maple Flats Solar Energy Center – EQ Mag Pro
MILWAUKEE : WEC Energy Group (NYSE: WEC) today announced that the company has agreed to acquire an 80% ownership interest in the Maple Flats Solar Energy Center. Located in Clay County, Illinois, the project is being developed by Invenergy — a leading global developer and operator of sustainable energy solutions. The Maple Flats Solar Energy […]
Adani Power Limited has agreed to acquire DB Power Limited – EQ Mag Pro
Adani Power Limited has agreed to acquire DB Power Limited. For more information please see below link:
Hydro-Québec agrees to acquire Great River Hydro for $ 2 billion – EQ Mag Pro
The company will acquire a 589MW hydropower fleet in New England through the deal. HQI US Holding, a subsidiary of Canadian energy utility Hydro-Québec, has agreed to acquire Great River Hydro for around $2bn. Great River Hydro owns 13 hydropower generating stations, with a combined installed capacity of 589MW. These are located along New England’s […]
Enfinity Global to acquire 400 MW of operating solar projects in the United States – EQ Mag Pro
Miami (Florida-USA) : Enfinity Global, a leader in renewable energy, today announced a definitive agreement with Capital Dynamics (advised by Barclays) to acquire a 400 MW utility-scale solar portfolio in the US, consisting of 28 operational solar PV power plants in California, North Carolina and Idaho. The portfolio reached COD within the last five years […]