Supply traceability firm Clean Energy Associates (CEA) has been acquired by British testing, quality assurance and certification company Intertek as it looks to provide Total Quality Assurance (TQA) solutions for solar PV and energy storage products. Announced today (29 July), the acquisition will see CEA benefit from Intertek’s global network and customer base, facilitating expansion […]
SolarArise India Projects Private Limited ( “SolarArise”) acquired by an infrastructure trust listed on the London Stock Exchange
Gurgaon : SolarArise, announced the completion of acquisition of its investors shares by ThomasLloyd Energy Impact Trust (TLEI), an investment trust listed on the London Stock Exchange (LSE). With this closing, SolarArise is now an Indian utility scale solar company with its assets listed as a part of a trust on the LSE. SolarArise was […]
Repsol accelerates its growth in renewables with the purchase of Asterion Energies, incorporating a 7,700 MW portfolio – EQ Mag
Repsol has acquired Asterion Energies, which manages a portfolio of renewable assets of 7,700 MW in Spain, Italy, and France for European infrastructure fund Asterion Industrial, for a total of €560 million plus contingent payments of up to €20 million. The transaction represents a new milestone in the fulfillment of Repsol’s 2021-2025 Strategic Plan, which […]
Daystar Power to be acquired by Shell – EQ Mag Pro
LAGOS, Nigeria : Daystar Power, a West African provider of hybrid solar power solutions to commercial and industrial (C&I) businesses, today announced its acquisition by Shell. Shell will acquire Daystar Power, which is subject to regulatory approvals, to deliver carbon emission reductions and power cost savings to C&I businesses across Africa. Daystar Power’s co-founders and […]
PowerGrid acquired SPV Khetri Narela Transmission Limited – EQ Mag Pro
The project includes a 765 kV Gas Insulated Substation (GIS) in Delhi and the establishment of 765 kV D/C Transmission lines passing through the states of Rajasthan, Haryana, and Delhi with each line having a capacity to transfer about 4000 MW of power. NEW DELHI: after emerging successful in the Tariff Based Competitive Bidding (TBCB) […]
IPS Solar Acquired by New Energy Equity – EQ Mag Pro
Roseville, Minnesota : Impact Power Solutions (IPS Solar) announced on Thursday it was being acquired by New Energy Equity LLC. On March 2, ALLETE, Inc. (NYSE: ALE) announced it is acquiring New Energy Equity, which includes IPS Solar for $165.5 million. IPS Solar will retain its branding and corporate headquarters in Roseville, Minnesota. “The IPS […]