Canadian pension fund clinches Spanish solar acquisition
By Sara Canadian pension fund clinches Spanish solar acquisition Read Full Article Here For more great articles: reNEWS – Renewable Energy News
Tagged Mergers and Acquisitions
Iberdrola’s Avangrid to Acquire Southwest Utility PNM Resources
By [email protected] Iberdrola’s Avangrid has agreed to acquire PNM Resources, owner of regulated utilities in New Mexico and Texas, enlarging what is already one of the largest U.S. utility groups — and one with an aggressive focus on renewable energy. The combined company will encompass 10 regulated electricity suppliers across six states, with 4 million…
French engineers acquire Norwegian floating tech crew
By Robin Lancaster French engineers acquire Norwegian floating tech crew Read Full Article Here For more great articles: reNEWS – Renewable Energy News
EDF Renewables acquires 4.5-GW solar portfolio from Geenex Solar
By Kelsey Misbrener EDF Renewables North America (EDFR) and Geenex Solar announced the close of an agreement of up to 4.5-GWAC pipeline of solar development assets throughout PJM. The pipeline acquisition brings to EDF Renewables the regional development expertise of Geenex, a leader of utility-scale solar development, while EDFR contributes with its financial and late-stage…
Scatec Solar Makes $1.1B Acquisition to Become Global Renewable IPP
By [email protected] Norwegian PV developer Scatec Solar has acquired hydro developer SN Power and detailed its plans for expansion in new geographies and new technologies. Scatec is also dropping the “Solar” from its name after agreeing to acquire SN Power for $1.1 billion from NorFund, a private equity firm owned by the Norwegian government. The…
Self-Driving Laboratories: A Reality Waiting to Happen
By [email protected] (Dr Richard Collins) Imagine a situation where, given a request, a lab automatically chooses what experiments to do, robotically carries this out, tracks the reaction with integrated sensors, acquires and analyzes the results, and then decides what experiment to do next. This seems like science-fiction, but certain truths may be closer than you…
Fluence acquires Advanced Microgrid Solutions’ bidding software for utility-scale storage and renewables
By Kelsey Misbrener Fluence, a Siemens and AES company, announced it has acquired the digital intelligence platform of AMS, a provider of A.I.-enabled optimized bidding software for utility-scale storage and generation assets. The combination of the two companies’ technologies will help utilities, developers and commercial and industrial customers optimize energy storage and flexible assets to…
Storage Supplier Fluence Acquires AMS for Power Market Dispatch Software
By [email protected] Fluence, a leading integrator of large-scale energy storage systems, has acquired grid software startup AMS. The deal hands an exit to AMS investors, including former California Gov. Arnold Schwarzenegger, who bought into the startup’s early vision of turning commercial buildings into flexible grid assets. After winning pivotal utility contracts in California, AMS ran…
Fluence buys bidding software firm AMS in high speed push to energy transition
By Giles Parkinson Battery company Fluence acquires Schwarzenegger-backed bidding software group AMS to promote sophisticated and high speed bidding systems for renewable and storage assets. The post Fluence buys bidding software firm AMS in high speed push to energy transition appeared first on RenewEconomy. Read Full Article Here For more great articles: Renew Economy
CDPQ looks to expand presence in Spain after making maiden acquisition
Canadian fund manager to set up new platform dedicated to green energy infrastructure in Spain Read Full Article Here For more great articles: PV-Tech
Amazon, Generac and Calibrant: Making Sense of Recent Distributed Energy Activity
By [email protected] Just as federal regulators in the U.S. are making batteries, solar systems, electric cars, generators and other similar resources more valuable in wholesale markets, we’re seeing a new wave of business activity. Wood Mackenzie predicts that U.S. distributed energy resource capacity will reach nearly 390 gigawatts by 2025. And a lot of companies…
Vivint Solar no more: Sunrun completes acquisition of residential competitor
By Kelly Pickerel Sunrun has completed its acquisition of Vivint Solar, which was initially announced in July. This follows approval by regulators and stockholders of both companies. With the transaction complete, Sunrun solidifies its position as the leader in residential solar and energy services across the United States and a top owner of solar assets…
Altus Power acquires 4-MW solar portfolio from Beltline Energy in Georgia
By Kelsey Misbrener Altus Power America has completed the acquisition of a 4-MW operating solar portfolio comprised of four single-axis tracker projects and one fixed-tilt project. The projects sell clean, renewable energy to Georgia Power. The solar projects generate approximately 6.5 million kWh of electricity annually, enough energy to power 540 homes. The portfolio was…
Generac Acquires Enbala, Boosting Plan to Harness Behind-the-Meter Energy Resources
By [email protected] Generac Power Systems is acquiring Enbala Power Networks, a major step toward putting its market-leading backup generator business and its fast-growing behind-the-meter battery-solar fleet to work as a power grid resource. Financial terms of the acquisition weren’t disclosed, but Enbala CEO Bud Vos said in a Tuesday interview said that the company’s “investors…
Generac acquires distributed energy optimization and control software company
By Kelsey Misbrener Generac announced the signing of an agreement to acquire Enbala Power Networks, a distributed energy resources technology company. The deal solidifies Generac’s position as a market leader in Smart Grid 2.0 technologies and opens opportunities for the company as a grid services provider. Denver-based Enbala is one of the leading providers of…