Spanish infrastructure group Acciona is considering selling an 8% stake in its clean energy unit Acciona Energia on the stock market six months after its initial public offering, Cinco Dias newspaper reported on...
Energy
Shapoorji Pallonji sells 1.84 cr shares of SWREL to Reliance
Shapoorji Pallonji and Company on Thursday said it has sold 1.84 crore shares of Sterling And Wilson Renewable Energy (SWREL) to Reliance New Energy Solar after which its stake in SWREL has come down to 33.06 per cent...
Reliance New Energy acquires 100% stake in sodium-ion battery firm Faradion
Reliance Industries’ solar arm will buy sodium-ion battery technology provider Faradion for 100 million pounds including debt. “Reliance New Energy Solar Limited, a wholly-owned subsidiary of the company...
Italy’s A2A buys majority stake in rival Volta Green Energy
Italian regional utility A2A said on Monday it had agreed to buy a majority stake in north-eastern peer Volta Green Energy, adding the deal would more than double its 300 megawatts (MW) of solar and wind assets. A2A...
Fluor’s nuclear energy unit NuScale to go public via $1.9 bln SPAC deal
Fluor Corporation said on Tuesday its nuclear energy unit NuScale Power plans to go public by merging with a blank-check firm in a deal that values the combined entity at $1.9 billion, including debt. NuScale, which...
Aramco explores investment in RIL clean energy unit
Saudi Aramco is exploring an investment in Reliance Industries Ltd’s (RIL’s) clean energy unit, two people aware of the development said, close on the heels of the world’s largest oil company scrapping a $15 billion...
Singapore’s Keppel to acquire Shell-backed Cleantech Solar
Singapore based Keppel Corporation will acquire Royal Dutch Shell-backed solar power producer Cleantech Solar Energy. Keppel will invest $150 million to acquire 51% stake in the holding company. A consortium of Keppel...
Greenko forms JV with John Cockerill for electrolyzers
Greenko Group has set up a joint venture (JV) with Belgium’s John Cockerill for electrolyzers as part of its green hydrogen and ammonia manufacturing plans. The Belgium-based maker of high-capacity alkaline...
Reliance signs $736 million green loan to fund REC Solar acquisition
Reliance Industries is understood to have raised $736 million through a green loan facility to finance the Mukesh Ambani-controlled firm’s acquisition of Norwegian solar panel manufacturer REC Solar Holdings in what...
Credit Agricole Assurances to buy 49% of Edison’s green business
Credit Agricole Assurances has agreed to buy a 49% stake in the renewables business of Italian energy group Edison in a deal valuing the unit at more than 2 billion euros ($2.3 billion). In a joint statement, the two...
U.S. security review stalls sale of Shell Texas refinery to Mexico’s Pemex
A U.S. national security review has delayed the sale of Royal Dutch Shell’s controlling interest in a Texas refinery to Mexico’s national oil company, Petroleos Mexicanos (Pemex), Shell said on Tuesday...
Azure Power, 3 others looking to bid for Actis-owned Sprng Energy
NYSE-listed Azure Power, Macquarie, KKRand ReNew Power are among players weighing a bid for private equity firm Actis-owned renewable energy company, SprngEnergy, according to multiple people aware of the matter. A...
