Acquisition

Power Construction

NET Power Consolidates Business to Gear Up for Allam Cycle Power Plant Deployment

NET Power will combine with Rice Acquisition Corp. II (RAC II), a decarbonization solutions special purpose acquisition company (SPAC), in a new business direct…

Solar Power Panel

Octopus Energy Sees 11% Increase Solar Pipeline With Zestec Acquisition

Octopus Energy Group’s generation arm has acquired UK solar developer and asset manager Zestec Renewable Energy to build solar power on British businesses’ ro…

United Kingdom

Octopus Energy Takeover of Collapsed UK Rival Bulb Faces Legal Challenge

The British government’s decision to approve collapsed energy supplier Bulb’s acquisition by Octopus Energy faces a legal challenge from rival suppliers in ea…

Romania

MET Group Enters Romanian Renewables Market

Swiss-based European energy company, MET Group, has announced its entry into the Romanian renewables market, with the acquisition of a 100% stake in a solar pro…

Energy Storage Battery

Masdar Taps UK Storage Market With Arlington Acquisition

Abu Dhabi-based clean energy company Masdar has acquired UK-based battery energy storage system (BESS) developer Arlington Energy in an effort to expand its pre…

Energy Storage Battery

Masdar Acquires UK-Based Bess Developer, Arlington Energy

UAE-based renewable energy giant says acquisition will allow it to expand its UK and European presence and support net-zero objectives of other countries.

Is Westinghouse $7bn Acquisition a Sign of Nuclear’s Revival?

Cameco Corporation and Brookfield Renewable Partners are forming a partnership to acquire US nuclear services business Westinghouse Electric Company, signaling …

United States

U.S. Oil Patch M&A in Q3 Tops $16 Bln, the Most This Year

Mergers and acquisitions in the U.S. oil patch accelerated to $16 billion in the third quarter, the most this year, although the nine-month total trails the yea…

Masdar Plans Acquisitions as It Continues to Expand Its Portfolio

Exclusive: Abu Dhabi company is assessing new renewable opportunities in different countries, top executive says

Wind Power Project

ØRsted Completes Acquisition of German and French Onshore Wind Platform Ostwind

Ørsted has today completed the acquisition of a 100 % equity interest in OSTWIND

Net Zero Emission

Air Canada to Buy 30 Electric Planes From Heart Aerospace

Air Canada on Thursday said it would buy electric planes for the first time with the acquisition of 30 battery-powered regional aircraft from Heart Aerospace. …

Crude Oil

U.S. Big Company Oil Reserves up 13% Since 2017, Deals Drive Recent Growth -Study

U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released on Wednesday, with…

Shell Completes Acquisition of Renewable Platform Sprng Energy Group

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed its 100% acquisition of Solenergi Power Private Limited, and with …

Geothermal Power Plant

SMIC’s Philippine Geothermal Production Company Acquisition Gets Green Light

The consideration paid for the acquisition was around $284.8m.

Germany

EDP Renewables Acquires Solar Development Platform Based in Germany

The company announces it has reached an agreement for the acquisition of a 70% stake in Kronos Solar Projects GmbH.