E.On acquires 49% stake in UK solar installer Eco2Solar
British utility E.On has acquired a 49% share of residential and commercial solar energy company Eco2Solar.
Articles tagged with: M&a
Gresham House acquires first Scottish battery storage site 30MW Byers Brae
Gresham House Energy Storage Fund (GRID) has conditionally agreed to acquire a c.30MW battery project known as Byers Brae.
The Phoenix Works is acquired by Liberty Global helping accelerate expansion
Solar PV, battery storage and end-to-end EV charging company The Phoenix Works has been acquired by Liberty Global.
Statkraft acquires Solarcentury as it ‘ramps up’ solar developer goals
Renewable energy giant Statkraft has acquired UK headquartered Solarcentury for £117.7 million in a bid to accelerate its growth in the solar sector.
Lightsource BP gains additional investment from BP to drive future growth
BP has boosted its stake in Lightsource BP to a 50:50 joint venture, establishing new investment to pursue a burgeoning international development pipeline.
RedT secures interim loan to progress merger talks
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.
Gresham House plots £58 million raise to pursue energy storage pipelines
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.
Gresham House acquires stake in battery storage developer Noriker Power
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.
Maximeyes takes ‘significant stake’ in Puredrive Energy in bid to take battery storage brand global
UK energy firm The Maximeyes Group has taken a “significant stake” in battery storage technology firm Puredrive Energy.
Solarcentury reports ‘record’ results as earnings soar on international pipeline
Solarcentury has reported “record financial results” for the year ended 31 March 2019 as it casts its eye towards a 5GW, global solar pipeline.
Carbon Zero Renewables business put up for sale
Denbighshire-based renewables installer Carbon Zero Renewables has been put up for sale by its managing director Gareth Jones.
RedT bids to create ‘leading player’ in energy storage with Avalon merger
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.
Feature
Solarcentury, M&A and the thirst for British solar expertise
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 ‘exploring sale’ as firm reviews strategic options
Solarcentury, one of the UK’s longest running and most prolific solar developers, could be sold in the coming months, reports today have claimed.
Phoenix Works parent seals multi-million-pound Mitsui cash injection to drive further growth
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.
Renewables installer ISO Energy acquired by ComPro Investments
Energy and commodities investor ComPro Investments has acquired UK renewables installer ISO Energy.
BayWa r.e. expands UK O&M presence through Becon Consultancy acquisition
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 re-enters M&A fray with FIM Services purchase
Gresham House has agreed a deal to acquire fellow investment fund manager FIM Services for £25 million.
Foresight adds 50MW to UK portfolio in £37 million deal
Foresight Solar Fund has announced the addition of five new solar parks to its portfolio, totalling 53.3MW in capacity.
Greensolver acquires UK asset manager ENTAP
Technical advisory and asset management firm Greensolver has acquired UK-based asset manager ENTAP.
SSE Airtricity buys stake in Irish rooftop installer Activ8
Irish utility SSE Airtricity has acquired a 40% stake in Activ8 Solar Energies, one of Ireland’s leading rooftop solar installers.
Solar Power Portal Awards 2018 spotlight: Transaction of the Year
Nominations for the Solar Power Portal and Energy-Storage.News Awards 2018 are now open, and among this year’s brand new categories is our Transaction of the Year award.
Greencoat lands highly sought after Canadian Solar UK portfolio
Greencoat Capital has won the race to acquire the highly sought-after portfolio of UK solar assets developed by Canadian Solar.
CCL Energy targets growth with ‘major’ Firefly Solar acquisition
Renewables distributor CCL Energy has set its sights on significant turnover growth after acquiring Firefly Solar Generators.
PV distributor Libra Energy sells majority stake to Dutch wholesaler Rensa
Solar PV distributor Libra Energy has sold a majority stake in its business to the Dutch wholesaler group Rensa.
NextEnergy Solar Fund kicks off spending spree with 5MW site
Investment group NextEnergy Solar Fund has agreed to acquire a 5MW solar farm in Essex, the first of many it is thought to be close to adding to its portfolio.
Bluefield directors approve 68MW pipeline, set sights on remaining 1.2 ROC opportunities
Directors at Bluefield Solar Income Fund (BSIF) have provisionally approved a UK solar asset portfolio totalling 68MW as the asset management group prepares for one last rush under the Renewable Obligation scheme.
Devon Power steps in to rescue solar firm Beco from Rame insolvency
Renewables developer Devon Power has stepped in to rescue Beco Energy Solutions after its parent company Rame entered administration.
Voltalia completes Martifer acquisition to become ‘global renewables champion’
French renewables firm Voltalia has completed its acquisition of Martifer Solar in a move which the two companies said had resulted in the “birth of a global renewables champion”.
Romag bought by glazing specialist in ‘business as usual’ deal
Building-integrated photovoltaics (BIPV) firm Romag has been bought by glazing company Clayton Glass from social housing provider Gentoo, which is seeking to focus more heavily on its core housing activity.