Tagged Mergers and Acquisitions

Shell to become clean energy provider with acquisition of Inspire

By Renewable Energy World Inspire, a company that purchases renewable energy credits (RECS) and retires them on behalf of its customers, announced it has signed an agreement to become a wholly owned subsidiary of Shell New Energies US LLC. As part of Shell, Inspire intends to rapidly scale its offering of access to sustainable energy…

What the Rise of Energy Technology Means for Valuation

By Tariq Siddiqui Technology M&A Are Challenging & Different, Especially During Energy Transition. Companies making technology-based acquisitions, or those who require a technology-based asset valuation for other purposes, should be prepared with defensible, supportable valuation analyses that can stand up to scrutiny.KEY INSIGHTSWhat is Different?More recently, there’s been.. Click headline for full article Read Full…

Enel Green Power grows US portfolio with 450MW solar+storage

By Renewable Energy World Enel Green Power North America has acquired a 3.2GW solar portfolio, including 450MW solar-plus-storage projects, from Dakota Renewable Energy. The portfolio comprises 24 projects in the development stage, will be located in the Mid-Atlantic, Midwest and Western United States and are planned for commercial operation beginning in 2023. “While momentum continues…

HydroLand acquires two North Carolina hydroelectric facilities

By Elizabeth Ingram HydroLand has acquired two small run-of-river hydroelectric facilities from Northbrook Carolina Hydro II LLC: 980-kW Bryson Hydroelectric Project and 1.04-MW Franklin Hydroelectric Project. “Since our acquisition of the Enel portfolio, we have been executing our plan to modernize and upgrade acquired hydroelectric facilities while building our portfolio with new acquisitions,” said Cory…

Saipem Seals Floating Wind Deal

By Adnan Durakovic Italy’s Saipem has finalized the closing of the agreement to acquire the floating offshore […] [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Read Full Article Here For more great articles: Offshore Wind » News by topic

Elon Musk defends SolarCity deal against shareholder lawsuit

By Reuters in Wilmington, Delaware Shareholders want Musk to refund Tesla the $2.6bn the company paid for the ailing solar energy companyElon Musk took the stand on Monday to defend Tesla’s 2016 acquisition of SolarCity against a lawsuit by shareholders seeking to recoup the $2.6bn the company paid for the ailing solar panel maker. Related:…

Another clean energy company goes public via a SPAC

By Renewable Energy World On Friday, solar financing company Sunlight Financial announced the closing of its previously-announced business combination with Spartan Acquisition Corp. II, a publicly-traded special purpose acquisition company (SPAC) sponsored by funds managed by an affiliate of Apollo Global Management, Inc. Sunlight partners with contractors nationwide to provide homeowners with financing for the…

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