Irish designer and installer of solar renewables and energy storage systems Solar Electric has been acquired by smart energy solutions business Pinergy.
Gresham House Energy Storage Fund (GRID) is on track to own more than 1.2GW of operational battery energy storage systems after securing a deal to acquire 425MW of projects from Gresham House Devco and expanding its exclusive pipeline by a further 427MW.
Gresham House Energy Storage Fund has completed the acquisition of the c.30MW Byers Brae project for a total value of £15.6 million, plus up to £0.35 million of deferred contingent consideration.
Octopus Renewables is to be acquired by Octopus Energy, making the supplier one of the largest renewable generation operators in Europe.
Downing Renewables & Infrastructure Trust (DORE) has acquired a 96MWp portfolio of UK solar PV assets for £42 million.
EDF Renewables has acquired two grid scale solar projects, adding 100MW to its growing UK portfolio.
Thrive Renewables has acquired its second battery storage asset, with this being a 20MW battery project in Bristol.
NextEnergy Solar Fund (NESF) has acquired 100MWp of UK solar in a c.£64.3 million deal with Lightsource BP.
Gresham House Energy Storage Fund has acquired a further 45MW of projects, bringing its operational portfolio to 395MW.
British utility E.ON has acquired a 49% share of residential and commercial solar energy company Eco2Solar.
Gresham House Energy Storage Fund (GRID) has conditionally agreed to acquire a c.30MW battery project known as Byers Brae.
Solar PV, battery storage and end-to-end EV charging company The Phoenix Works has been acquired by Liberty Global.
Renewable energy giant Statkraft has acquired UK headquartered Solarcentury for £117.7 million in a bid to accelerate its growth in the solar sector.
BP has boosted its stake in Lightsource BP to a 50:50 joint venture, establishing new investment to pursue a burgeoning international development pipeline.
Energy storage firm redT has secured a £1.9 million interim loan from proposed merger partner Avalon to keep it going until a potential deal concludes.
Energy storage investment fund Gresham House has unveiled a new share placing, the proceeds of which will allow it to “grow materially” in the UK energy storage market.
Battery storage fund Gresham House has acquired a stake in frequent development partner Noriker Power in a bid to “further consolidate” its position in the UK battery market.
UK energy firm The Maximeyes Group has taken a “significant stake” in battery storage technology firm Puredrive Energy.
Solarcentury has reported “record financial results” for the year ended 31 March 2019 as it casts its eye towards a 5GW, global solar pipeline.
Denbighshire-based renewables installer Carbon Zero Renewables has been put up for sale by its managing director Gareth Jones.
RedT has confirmed it has agreed outline terms for a reverse takeover of fellow vanadium redox flow battery firm Avalon, a move which the firm said would create a “leading player” in the energy storage market.
With the news that Solarcentury is eyeing up a potential £250 million sale, Liam Stoker looks at the M&A momentum in the solar sector and why British developers score highly on energy company wish lists.
Solarcentury, one of the UK’s longest running and most prolific solar developers, could be sold in the coming months, reports today have claimed.
Retig, the parent company of solar installer The Pheonix Works, has sealed a multi-million-pound capital investment to power its renewables ambitions in the UK.
Energy and commodities investor ComPro Investments has acquired UK renewables installer ISO Energy.
BayWa r.e. has bolstered its operations and maintenance (O&M) capabilities in the UK through the purchase of service provider Becon Consultancy.
Gresham House has agreed a deal to acquire fellow investment fund manager FIM Services for £25 million.
Foresight Solar Fund has announced the addition of five new solar parks to its portfolio, totalling 53.3MW in capacity.
Technical advisory and asset management firm Greensolver has acquired UK-based asset manager ENTAP.
Irish utility SSE Airtricity has acquired a 40% stake in Activ8 Solar Energies, one of Ireland’s leading rooftop solar installers.