Tag archive for ‘Energy acquisition news’
By Soujanya Ravi On Friday, December 18th, 2020

RWE to sell 51% stake in four Texan wind farms to Algonquin for $600m

(adsbygoogle = window.adsbygoogle || []).push({}); German energy company RWE has agreed to sell a 51% stake in four of its onshore wind farms in Texas with a combined capacity of 861MW to a subsidiary More...

By businessnewstoday On Friday, December 4th, 2020

Dogger Bank offshore wind project : Eni to acquire 20% stake in phases A and B for £405m

Italian oil and gas giant Eni is foraying into the UK offshore wind market by acquiring a 20% stake in the 2.4GW Dogger Bank offshore wind project A and B assets from Equinor and SSE Renewables for £405 million. Brief More...

By businessnewstoday On Friday, November 13th, 2020

Naturgy to sell stake in Chilean utility CGE to China’s SGI for €2.5bn

Spanish energy company Naturgy has signed a deal to divest its 96.04% stake in Chilean electricity distribution company Compania General de Electricidad (CGE) for Chinese state company State Grid International Development More...

By businessnewstoday On Friday, August 28th, 2020

First State Investments to acquire 40% stake in US renewable energy company Terra-Gen

First State Investments (FSI) has agreed to acquire a stake of 40% in US renewable energy company Terra-Gen from Energy Capital Partners (ECP) for an undisclosed price. Terra-Gen is engaged in developing, construction, More...

By businessnewstoday On Wednesday, August 26th, 2020

Carlyle Group acquires 100MW solar power plants in Maine from BNRG

The Carlyle Group, through its newly-established affiliate Acadia Renewable Energy, has acquired a portfolio of solar development projects, of more than 100MW, in Maine, US, from solar power producer BNRG. The acquired More...

By businessnewstoday On Tuesday, August 25th, 2020

Foresight acquires 94MW operating windfarm portfolio in Spain from wpd

Foresight Group, a London-based private equity investment manager, has acquired a 94MW operating windfarm portfolio in Spain from German wind farm developer wpd, for an undisclosed price. The acquisition marks the More...

By businessnewstoday On Monday, August 17th, 2020

Dominion Energy acquires Madison Solar generating facility in Virginia

Dominion Energy has acquired the 62.5MW (AC) Madison Solar generating facility in Orange County, Virginia from Cypress Creek Renewables for an undisclosed price. The Madison Solar project will be owned by the contracted More...

By businessnewstoday On Friday, August 14th, 2020

Apollo to invest $265m in Maryland offshore wind project owner US Wind

Apollo Global Management said that certain funds managed by its affiliates (Apollo Funds) have agreed to make an equity investment of $265 million in offshore wind energy development company US Wind, which owns More...

By businessnewstoday On Wednesday, July 29th, 2020

AES to buy BNDESPar’s 18.5% stake in Brazilian power utility AES Tietê

Global power company AES Corporation said that its fully-owned subsidiary – AES Holdings Brazil (AES Brasil) has signed a deal worth BRL 1.27 billion ($246 million) to acquire an 18.5% stake in AES Tietê More...

By businessnewstoday On Saturday, July 25th, 2020

NRG Energy to acquire Direct Energy from Centrica for $3.62bn

NRG Energy acquisition of Direct Energy : US energy company NRG Energy has agreed to acquire Direct Energy, a North American subsidiary of British electric services company Centrica, in an all-cash deal worth $3.62bn. Direct More...