Polish utility PGE will buy the owner of PKP Energetyka in a 1.91 billion zloty ($433 million) deal, it said on Wednesday, taking one of the country’s biggest energy groups back under state control. The...
Brookfield gains extra time to seal $12 bln bid for Australia’s Origin Energy
Australia’s Origin Energy Ltd reassured shareholders that Canada’s Brookfield Asset Management, leading an A$18.4 billion ($12.3 billion) takeover offer, had not found any deal breakers in its books so far...
Promoters to sell 3.5% stake in Sterling and Wilson Renewable via OFS
Promoters Shapoorji Pallonji and Co and Khurshed Yazdi Daruvala plan to together sell 3.57% stake in Sterling and Wilson Renewable Energy through an offer for sale on Tuesday and Wednesday. Shapoorji Pallonji proposes...
Swiss investment firm to buy majority stake in Sunsure Energy for $400 million
Swiss investment firm Partners Group has agreed to acquire a majority stake in Gurgaon-headquartered renewable energy company Sunsure Energy for $400 million (about ₹3,290 crore). The investment in Sunsure Energy, which...
Australian billionaire Forrest snares CWP Renewables for over $2.7 bln
Australian mining billionaire Andrew Forrest’s private firm Squadron Energy has acquired CWP Renewables for more than A$4 billion ($2.7 billion), three people familiar with the deal said on Wednesday, as he seeks...
Eni’s Plenitude to buy wind and solar developer PLT
Plenitude, the renewable energy unit of Italy’s Eni, has agreed to buy 100% of wind and solar developer PLT, it said on Friday, strengthening its presence in Italy and Spain. PLT has a 1.6 gigawatt (GW) renewable...
Tube Investments of India acquires 50% stake in X2Fuels and Energy
Tube Investments of India (TII), a Murugappa Group company, has acquired a 50 per cent stake in X2Fuels and Energy, an early-stage start-up incubated at the National Centre for Combustion Research and Development...
Actis’ BluPine Energy buys Atha Group’s 404 MW solar power assets
Actis Llp’s BluPine Energy has acquired 404 megawatt (MW) solar power assets of Kolkata-based Atha Group, the London-headquartered private equity firm announced on Thursday. Atha’s solar assets’ enterprise value for the...
Sembcorp to acquire Vector Green for Rs 2,780 cr
Energy and urban development company Sembcorp Industries has announced plans to acquire Vector Green Energy for Rs 2,780 crore to expand its renewable energy footprint in India to 3 gigawatts (GW), the company said on...
Octopus Energy’s takeover of Bulb delayed over rivals’ concerns
Collapsed British energy supplier Bulb’s acquisition by Octopus Energy was delayed on Friday after rival suppliers including E.ON and British Gas raised concerns about the deal’s approval. Bulb, which had...
Dominion Energy weighing sale of stake in Cove Point LNG Facility -Bloomberg
Dominion Energy Inc is considering selling its multi-billion-dollar stake in the Cove Point liquefied natural gas (LNG) facility in Maryland’s Chesapeake Bay, Bloomberg News reported on Monday citing people with...
I Squared, NIIF and Brookfield in Talks to Buy CleanMax
I Squared Capital, Brookfield and National Investment and Infrastructure Fund (NIIF) are in the early stages of discussions for acquiring rooftop solar power producer CleanMax Enviro Energy Solutions. The potential...
