acquisition

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CESC Buys Majority Shares in Purvah Power for $24 Million

Kolkata-based power utility Calcutta Electric Supply Corporation (CESC) has acquired a 63.91% equity stake in Purvah Green Power at the cost of ₹2.05 billion (~$24.48...

August 1, 2024

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Staff

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Finance and M&A

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Solar
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Hero MotoCorp Increases Stake in EV Firm Ather by 2.2%

Hero MotoCorp has increased its stake in electric mobility firm Ather Energy by 2.2% by purchasing shares worth ₹1.24 billion (~$14.85 million). The indicative period...

June 11, 2024

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Staff

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Electric Vehicles
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Solar Financing Firm Aerem Acquires Distributor Spinkaft Ventures

Aerem, an Indian solar financing firm, has acquired solar equipment distributor Spinkraft Ventures to create a platform spanning the entire solar energy value chain. The...

May 20, 2024

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Arshreet Singh

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Finance and M&A

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Solar
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SolarSquare Acquires Utility-Scale Solar Consultancy Firm PV Diagnostics

Mumbai-based rooftop solar company SolarSquare has acquired PV Diagnostics, a company with expertise in the utility-scale solar power sector, to significantly enhance...

February 14, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Uniqus Acquires Goodera to Bolster its ESG Practice

Uniqus Consultech has acquired Goodera’s global business that helps corporates manage their sustainability programs by automating the collection, maintenance, and...

December 7, 2023

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Staff

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Other

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Renewable Energy
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bp to Fully Acquire Lightsource bp for $320 Million

Global energy conglomerate bp will acquire an additional 50.3% interest in Lightsource bp for a base equity value of £254 million (~$320 million), taking full ownership...

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Technique Solaire Buys 135 MW Solar Projects in Karnataka from ReNew

France-based independent power producer Technique Solaire has acquired five ground-mounted solar power projects with a combined capacity of 135.4 MW in Karnataka from...

November 28, 2023

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Arjun Joshi

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Finance and M&A

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Solar
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Statkraft Acquires Renewables Company Enerfin for $2 Billion

Norway-based renewable energy company Statkraft has completed the acquisition of Enerfin, a Spain-based renewables business and subsidiary of Elecnor Group, in a...

November 20, 2023

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Staff

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Finance and M&A

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Other
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KPI Green To Acquire Majority Stake in Solar Developer KPark Sunbeat for ₹1.26 Billion

Renewable energy solutions provider KPI Green Energy is acquiring a 99.9% equity stake in solar power developer KPark Sunbeat for a consideration of ₹1.26 billion (~$15....

October 12, 2023

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Arjun Joshi

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Finance and M&A

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Solar
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TotalEnergies Completes Acquisition of Total Eren for $1.6 Billion

France-based energy conglomerate TotalEnergies is acquiring full ownership of renewable energy company Total Eren. The deal follows a strategic agreement signed in 2017...

July 25, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Funding and M&A Roundup: Microgrid Solutions Provider Nuru Raises $40 Million

From: Mercom Capital Group Nuru, a provider of microgrids solutions, raised over $40 million in Series B equity funding. The funding will enable the company to develop...

July 5, 2023

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Staff

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Finance and M&A

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Other
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Renantis and Ventient Join Forces to Form Renewables Firm with 22 GW Portfolio

Renantis, an Italy-based energy company, and Ventient Energy, a renewable power company based in the UK, have agreed to merge into a new independent power producer (IPP)...

June 28, 2023

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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Funding and M&A Roundup: Battery Manufacturer Northvolt Raises $400 Million

From: Mercom Capital Group Northvolt, a battery manufacturer, received a $400 million investment from the Investment Management Corporation of Ontario, a Canadian...

June 28, 2023

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Staff

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Finance and M&A

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Other
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Funding and M&A Roundup: Battery Company Talga Secures $164 Million Funding

From: Mercom Capital Group Talga Group, a battery materials company, announced that it has received approval from the European Investment Bank for €150 million (~$164...

June 21, 2023

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Staff

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Finance and M&A

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Solar
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Torrent Power Allocated 6,000 Hectares of Land in Gujarat for Renewable Projects

Gujarat-based power company Torrent Power has disclosed its plans to achieve a 5 GW renewable energy portfolio over the next three to five years through inorganic...

June 20, 2023

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Arjun Joshi

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Other

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Renewable Energy

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