Shell has signed an agreement to acquire a 43.83% interest stake in US solar developer Silicon Ranch Corporation from investment manager Partners Group for US$193-217 million.
Sonnedix has acquired a controlling interest in Cox Energy Chile, a subsidiary of Spanish firm Cox Energy, and the two firms will partner on building and operating renewable energy projects in Chile.
North American renewables investor Sammons Renewable Energy (SRE) has purchased a 194MW portfolio of utility-scale solar projects in North Carolina from developer Heelstone Energy Holdings.
The US$1.6 billion sale of major US utility-scale solar developer and operator FTP Power LLC (sPower) to AES Corporation and Canada-based investment manager Alberta Investment Management Corporation (AIMCo) has been completed.
The Indian arm of US-based PV developer and thin-film specialist First Solar has agreed to sell 190MW(AC) out of 200MW(AC) of its operational PV plants in India to a private equity fund represented by Indian firm IDFC Alternatives, according to a First Solar spokesperson.
Austrian O&M provider ENcome has reached the gigawatt threshold for the amount of PV power plants it services worldwide. It also recently entered the Australian market for both O&M and engineering and advisory services.
International PV developer and investor Sonnedix has acquired a 136MW solar portfolio from Centerbridge Partners, in what is claimed to be one of the largest PV transactions in Europe.
Tata Power agreed to buy Welspun Renewable Energy earlier this month for INR92.49 billion (US$1.42 billion). Against the backdrop of fiercely competitive bidding, Mercom Capital Group chief executive and co-founder Raj Prabhu, explains the scene of potential mergers and acquisitions in the Indian solar market.
