LONDON : BP BP.L has entered South Korea’s offshore wind sector after acquiring a stake in Norwegian group Deep Wind Offshore’s portfolio of projects in the country, as the British energy firm continues its expansion in the fast-growing renewables market. BP bought a 55% stake in Deep Wind Offshore’s early-stage offshore wind portfolio, which includes […]
Petronas, Sembcorp, JSW Neo to vie for Continuum – EQ Mag
Petronas, Sembcorp Industries, and JSW Neo Energy are separately considering acquiring Continuum Green Energy (India) Pvt. Ltd in a potential deal that may have an enterprise value of $1.5 billion, two people aware of the development said. The companies may submit non-binding bids next month for the deal, which is expected to have an equity […]
INVL Renewable Energy Fund I is acquiring six solar projects in Romania – EQ Mag Pro
The INVL Renewable Energy Fund I managed by INVL Asset Management continues actively investing in Romania, where it has signed two agreements for the acquisition of six solar projects with a total capacity of 102.7 megawatts (MW). After the transactions, the INVL Renewable Energy Fund I portfolio of projects under development in Romania has increased […]
Atlas Renewable Energy Boradens Market Offering by Acquiring Its First Wind Project in Brazil – EQ Mag Pro
Atlas expands its wind portfolio by acquiring a project from Voltalia in Brazil. This acquisition follows the recent announcement by the company of its proposed Alpaca wind portfolio in Chile. With this acquisition, Atlas continues to broaden its market offering to provide clients with a full suite of clean energy solutions. SAO PAULO : Atlas […]
OX2 expands its business to Greece by acquiring two portfolios – EQ Mag Pro
OX2 takes the next step in its European expansion by acquiring two portfolios in Greece with a total installed capacity of more than 500 MW. The portfolios contain solar and onshore wind projects in different development stages and diversified across various regions of the country. OX2 will develop the projects with experienced local co development […]