Acquisition

United States

Voltus Acquires Brightfield AI to Accelerate Energy Storage Deployment

Voltus, Inc., the leading virtual power plant (VPP) operator and distributed energy resource (DER) platform, announced on June 10 its acquisition of Brightfield…

United Kingdom

UK's Drax to buy Bluefield Solar Income Fund in $755 million deal

British power group Drax said on June 1 it had ‌agreed to buy Bluefield Solar Income Fund in a deal that values the renewable energy-focused investment ⁠c…

United States

USA Rare Earth buys Brazil's Serra Verde for $2.8 billion

USA Rare Earth said on April 20 it will buy Brazilian rare earths miner Serra Verde in a ‌cash-and-stock deal worth $2.8 billion, the latest in a string of…

India

Torrent Power acquires TU47 to expand thermal portfolio

Torrent Power Limited (TPL) has acquired 100 % equity shares of Torrent Urja 47 Private Limited (TU47) for a cash consideration of Rs 5,00,000. The transaction …

Canada

Brookfield, La Caisse Acquire Clean Energy Platform Boralex for $6.5 Billion

Brookfield Asset Management and La Caisse have teamed up to acquire Canadian renewable energy company Boralex for around C$9bn ($6.5bn), including debt.The acqu…

Oil Pipeline

Hanwha to Acquire 324-MW Gas-Fired Power Plant in Texas ERCOT Market

Hanwha Energy has agreed to acquire a 324-MW natural gas-fired power plant in Texas, expanding its presence in the ERCOT market as electricity demand continues …

Kemira Completes Acquisition of AquaBlue to Strengthen North American Industrial Water Treatment Services

Recently, the Finnish chemical company Kemira announced the completion of its acquisition of the American industrial water treatment service provider AquaBlue, …

Altus Power Acquires 105 MW DC Solar Project Portfolio Under Development from Cordelio Power

Altus Power announced its acquisition of a 105 MW (DC) solar project portfolio under development from Cordelio Power.This acquisition involves four ground-mount…

Standard Bank Backs $285M Acquisition in Nigeria’s Gas Sector

Standard Bank has arranged a $285 million structured financing package to enable BlueCore Gas InfraCo to acquire Glover Gas & Power, the sole owner of Axxela &n…

U.S. Private Power Company Constellation Announces Completion of Calpine Acquisition

U.S. private power company Constellation announced the completion of its acquisition of Calpine Corporation.It is understood that following the completion of th…

Electric Vehicles

CIE Automotive Acquires the Aludec Group

CIE Automotive, headquartered in Spain, has announced the acquisition of 100% of the share capital of Aludec, S.A. The enterprise value of the transaction stand…

India

Adani Ports Completes Acquisition of NQXT Australia

Adani Ports and Special Economic Zone Limited has successfully completed the acquisition of 100 per cent interest in NQXT Australia. The transaction received al…

Wind Farm

Iberdrola Expands With Ararat Wind Farm Acquisition in Australia

Iberdrola has signed an agreement with Partners Group and OPTrust to acquire full ownership of the Ararat wind farm in Victoria, Australia.Most of the electrici…

Oil & Gas Trade

Carlyle Hires Goldman Sachs for Lukoil Asset Bid

U.S. private equity firm Carlyle has engaged Goldman Sachs to assist with its potential acquisition of international assets from Russian oil company Lukoil. Thi…

United States

Nvidia Buys AI Software Provider Schedmd to Expand Open-Source AI Push

Nvidia announced on Monday the acquisition of SchedMD, a software company specializing in artificial intelligence workload management. This move reinforces the …