finance

Sprng Energy, an India-focused renewable energy arm of London-based investor Actis, has acquired a 194MW operational solar portfolio from Mumbai headquartered conglomerate Shapoorji Pallonji Infrastructure Capital (SP Infra) in order to grow its India PV portfolio.

The LEGO holding company and investment fund KIRKBI has acquired the US arm of solar developer Enerparc.

Macquarie’s Green Investment Group (GIG) has acquired the PV and energy storage unit of Tradewind Energy, a subsidiary of Enel Green Power North America.

Trio of deals will see infra fund Marguerite take an 80% share in the projects, which have PPAs in place with Centrica.

Uzbekistan's first competitive tender for 100MW of solar PV in Navoi region has received 23 submissions from international companies.

Dubai Electricity and Water Authority (DEWA) and a consortium led by Saudi Arabia’s ACWA Power and Chinese government-owned Silk Road Fund, have achieved financial close on the 950MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park.

Ginlong Technologies has completed its listing on the Shenzhen Stock Exchange.

The investment is to help Vineet Mittal's company rapidly scale up its PV capacity in India.

ACWA Power continues its success in the Gulf with a victory in Oman.

Macquarie’s Green Investment Group and Univergy International are to collaborate through a new business entity, Nara Solar to build over 700MW of PV projects in Spain, France and the Netherlands.