Tagged Mergers and Acquisitions

Akuo acquires five small hydroelectric plants in Bulgaria

By Renewable Energy World Akuo, an independent renewable energy power producer and developer, announces that it has completed the acquisition of five small hydroelectric plants in Bulgaria with total installed capacity of 15.5 MW. Akuo purchased the plants, on the Iskar River near Svoghe, from PVB Power Bulgaria. These assets, whose names were not disclosed,…

260-MW Brazoria West solar project in Texas acquired by S&B USA

By Renewable Energy World S&B USA (previously Shikun and Binui America) has signed a definitive agreement to acquire 100% of Brazoria West Solar Project with 260 megawatts (MWdc) (200 MWac) of planned solar energy capacity from Savion, part of Macquarie’s Green Investment Group. Construction of the project, located in Brazoria County, 40 miles southwest of…

Safari Energy reaches 500 commercial solar projects developed or acquired

By Kelly Pickerel Solar developer Safari Energy recently announced that it has developed or acquired its 500th commercial-scale solar project. Spanning 24 states and Washington, D.C., Safari Energy’s projects have generated more than 618,000 MWh of electricity. “Countless business owners have recognized the value that solar can bring them, and Safari Energy has been honored…

BayWa completes acquisition of High Constellation wind farm in Scotland

By Elizabeth Ingram Global renewable energy developer BayWa r.e. has completed the acquisition of High Constellation Wind Farm in Scotland from Blue Energy. BayWa has added the wind farm to its growing portfolio of UK assets, which has installed capacity of 685 MW. High Constellation is a proposed 10-turbine wind farm on the Kintyre peninsula…

Affordable housing community in San Bernadino to go solar

By Kelly Pickerel Standard Communities has acquired an affordable housing community in San Bernardino, California, and plans a $20 million renovation that includes a 750-kW solar system. Standard Communities completed this transaction in partnership with the U.S. Department of Housing and Urban Development (HUD), and the nonprofit Housing On Merit. This transaction, which extends the…

Industrial Energy Consumers Supports Competitive Wholesale Electric Market Reforms

By Richard Brooks These recommendations, from a very influential group of representatives from the Consumer side of the electric grid, contain practical improvements that should be incorporated into any wholesale capacity market solution aiming to ensure a resilient and clean grid that satisfies State Energy goals while acquiring sufficient resources for grid reliability.I commend the…

RWE acquires majority stake in Rampion wind farm

By Renewable Energy World RWE has taken over a further 20% stake from E.ON in the British offshore wind farm Rampion. RWE now holds a majority stake (50.1%) in the 400MW wind farm, which is already being operated by RWE Renewables. As part of its transaction with E.ON, a 30.1% stake was transferred to RWE…

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