In Short : Morgan Stanley acquired a 1.5% stake in Sterling and Wilson Renewable Energy for ₹103 crore, purchasing 36.44 lakh shares at ₹282.20 each. Meanwhile, Goldman Sachs offloaded a 1.47% stake for ₹97 crore. Sterling and Wilson, backed by Reliance and Shapoorji Pallonji, remains a key solar EPC player, attracting global investor interest in […]
Plenitude buys Texas solar farm – EQ Mag
The company’s US renewable portfolio now stands at 878MW Plenitude’s US subsidiary Eni New Energy US has acquired the 81MW Kellam photovoltaic plant in North Texas. The solar farm stands on over 150 hectares of land and will sell the energy produced to a local power company. The addition of the project, sold by Hanwha […]
Altus Power Gains; Buys 97MW Of Operating Solar Assets – EQ Mag Pro
Shares of Altus Power, Inc. (AMPS) are up more than 8% Tuesday morning. The company today announced its decision to acquire about 97 megawatts (MW) of operating solar assets for approximately $220 million. “Altus Power’s portfolio of solar and storage assets expected to grow to approximately 466 megawatts across 22 states,” the company said. The […]
STEAG Buys a PV Monitoring Start-up Solytic – EQ Mag Pro
Berlin-based cleantech start-up supplies software solutions for PV systems Essen/Berlin : STEAG is strengthening its competencies in the areas of digitalization and renewables, with the Essen-based energy company becoming a shareholder in Solytic GmbH. The Berlin-based start-up supplies cloud-based, manufacturer and hardware-independent monitoring software for photovoltaic systems. With this software solution, the performance of PV […]
ThomasLloyd Energy buys final stake in SolarArise India – EQ Mag Pro
ThomasLloyd Energy Impact Trust PLC – London-based Asia-focused renewable energy investment trust. ThomasLloyd Energy Impact Trust PLC – London-based Asia-focused renewable energy investment trust – Buys final 57% stake in New Delhi-based solar plant operator SolarArise India Projects Private Ltd. ThomasLloyd Energy bought 43% stake in SolarArise in March. ThomasLloyd funds USD38.5 million acquisition from […]
Axium fund buys US solar developer – EQ Mag Pro
Under the terms of the acquisition, BlueWave will keep its name and entire team in place A fund managed by Axium Infrastructure has acquired US solar and energy storage developer BlueWave for an undisclosed price. Under the terms of the acquisition, BlueWave will keep its name and entire team in place as the company focuses […]
Aquila buys Tyrinselka wind complex in Finland – EQ Mag Pro
Operational portfolio was sold by Pohjoistuuli and its partners Finnish company Pohjoistuuli and partners have sold the operational Tyrinselka wind farm portfolio in Finland to Aquila Capital for an undisclosed price. The portfolio partly benefits from the Finnish feed-in-premium system and also has a portion of its output sold under a 10-year power purchase agreement […]
EV firm BikeWo buys business intelligence platform Munim App in cash-and-stock deal – EQ Mag Pro
Gaming app Mobile Premier League (MPL) on Monday said it has acquired Germany-based GameDuell for an undisclosed amount in a bid to enter the European markets. MPL has also forayed into the mobile free-to-play (F2P) game market with this buyout. The esports firm will now have a presence spread across Europe, Asia and North America. […]