M&A

A consortium including Sunstone Credit, IGS Ventures, and an affiliate of Greenbacker Capital Management, have closed on the acquisition of residential solar lender Sunlight Financial Holdings following its Chapter 11 restructuring.

BW Solar has sold two battery energy storage (BESS) projects with a combined capacity of 525MW to renewable energy storage company Spearmint Energy.

Independent power producer Nightpeak Energy (Nightpeak) has closed on its acquisition of NRG subsidiary Saguaro Power Company (Saguaro).

London-based electricity generation company ContourGlobal has agreed to offload a portfolio of wind farms in Brazil.

Southwest Gas Holdings, (Southwest Gas ) will pursue an initial public offering (IPO) of newly issued Centuri Holdings shares during spring or summer of 2024 as the companies look to separate.

Ares Management has acquired organic waste management and biogas company Burnham RNG (Burnham) from Edge Natural Resources.

Commercial solar owner and operator Summit Ridge Energy through its joint venture with Osaka Gas USA, acquired 19 community solar projects in Virginia for $250 million.

Chesapeake Utilities has completed its acquisition of Florida City Gas, which will henceforth act as a wholly-owned subsidiary of the company.

Rubicon Capital Advisors has hired Justin Snyder as senior director in its New York office where he will focus on advisory opportunities across the North American renewable energy, energy transition and infrastructure sectors.

UK clean energy investment firm Sustainable Development Capital (SDC) has acquired Volery, a US-based private equity firm focused on energy transition.

Private investment energy firm X Machina Capital (XMC) will merge its portfolio company Gradient Geothermal with Denver, Colorado-based geothermal company Transitional Energy.

Renewable power developer Apex Clean Energy has commenced sale of four solar projects to commercial solar owner and operator Summit Ridge Energy.

German-based energy giant RWE will continue its €55 billion ($60.2 billion) Growing Green initiative – investing in renewable energy, batteries, flexible generation and hydrogen – with an estimated €20 billion ($21.9 billion) to be allocated to future US investments by 2030.

The Canada Infrastructure Bank (CIB) has launched the Indigenous Equity Initiative (IEI) to support First Nation, Metis and Inuit communities in purchasing equity stakes in CIB-backed infrastructure projects.

Clean power provider Suntuity Renewables and special purpose acquisition corporation (SPAC) Beard Energy Transition Acquisition (BRD) have mutually agreed to terminate their merger to take Suntuity public.

Energy provider Genie Energy’s fund manager subsidiary Sunlight Energy Investments has purchased a 12-project solar portfolio from small solar developer local to the Midwest.

Enel Americas and Enel Perú have signed an agreement with Actis-owned Niagara Energy to sell their Peruvian power generation businesses.

Capital Power has acquired two contracted combined-cycle US gas generation facilities from Beal Financial Corporation subsidiary CSG Investments.

International construction, mining and industrial heavy equipment manufacturer Komatsu has agreed to acquire US-based lithium-ion battery developer American Battery Solutions (ABS).

Innergex has taken complete control of the Pampa Elvira Solar thermal project, following an acquisition from IFU on Friday (17 November).

Independent power producer NRG’s president and chief executive officer Mauricio Gutierrez has departed the company and resigned from its board, leaving Lawrence Coben in the role for the interim.

EnfraGen has completed the acquisition of six renewable projects in Central America, with a combined capacity of 188MW, from Celsia.

Canada-based Enbridge has entered a joint definitive agreement to construct and operate the Fox Squirrel solar project with EDF Renewables.

French energy company TotalEnergies is to buy three gas-fired power plants in Texas from TexGen for $635 million.

Volvo Group has won the winning auction bid to acquire the Proterra Powered business and assets of recently bankrupt electric vehicle (EV) battery developer Proterra.

Suncor is offering C$1.468 billion ($1.5 billion) in unsecured senior notes to fund its acquisition of TotalEnergies Canada.

Chesapeake Utilities is looking to raise $330 million through a common stock offering to help fund its Florida City Gas acquisition, expected to close in the fourth quarter of 2023.

Investment firm Denham Capital is launching a renewable energy platform following the sale of the firm’s Rio Energy assets to Equinor.

NextEra Energy Partners is selling its Texas natural gas pipeline, STX Midstream, to Kinder Morgan for $1.8 billion.

Eversource Energy is looking to sell its 50% stake in its offshore wind joint venture with Danish energy giant Ørsted, which includes three projects totaling 1.7GW.

Uranium mining company Cameco Corporation and Brookfield Renewable Energy have closed on the joint acquisition of nuclear services business Westinghouse Electric Company on November 8, 2023.

Renewables developer and asset owner Madison Energy Infrastructure (MEI) is set to acquire Pro-Tech Energy Solutions.

Norway’s Equinor has concluded the acquisition of renewables company Rio Energy from investment firm Denham Capital in Brazil.

Nuclear power plant operator Constellation has completed the $1.75 billion acquisition of its 44% ownership stake in NRG Energy’s South Texas Project Electric Generating Station (STP).

Canadian power company TransAlta will acquire Heartland Generation and Alberta Power (collectively, Heartland) from an affiliate of Heartland’s parent company, Energy Capital Partners.

EDP Brasil has agreed to offload a duo of operational transmission projects to Edify Empreendimentos e Participações.

Brazil’s Equatorial Energia is parting ways with its transmission business Integração Transmissora de Energia (Intesa).

ExxonMobil has closed on its acquisition of Denbury, a carbon capture and sequestration (CCS) developer also specializing in oil recovery, as of November 2, 2023.

Point-of-sale finance company Sunlight Financial Holdings has been acquired by a consortium of solar investors, including but not limited to a Greenbacker Capital Management affiliate, Sunstone Credit, IGS Ventures, and its secured lender, Cross River Bank.

France's Engie has signed an agreement that will see the energy company acquire four wind projects in Peru.

X-Energy Reactor Company (X-energy) has reached the joint decision with publicly-traded special purpose acquisition company Ares Acquisition Corporation (Ares) to drop their previously announced acquisition, effective October 31, 2023.

French power generator Engie has agreed to acquire all the shares in a portfolio of solar assets totaling close to 550MW in Brazil.

Fortune 500 power firm Entergy is to sell its gas distribution business to private infrastructure equity management company Bernhard Capital Partners.

Hull Street Energy will acquire 48MW California natural gas-fired plant EF Oxnard from an affiliate of Atlantic Power & Utilities.

Enfinity Global, a renewable energy company, is selling a 40% equity interest minority stake in a 400MW portfolio to Japanese utility Kyushu Electric Power Co.

Renewables company Ormat will purchase a 150MW portfolio from Enel Green Power North America, a subsidiary of Enel, for $271 million.

Duke Energy has closed the sale of its unregulated utility-scale commercial renewables business to energy giant Brookfield Renewable, rebranding the sold company as Deriva Energy.

Enel has concluded the sale of a solar subsidiary in Chile to UK-based energy producer Sonnedix.

Sumitomo Corporation of the Americas (SCOA) and its parent company Sumitomo Corporation have entered an agreement with private developer Reconciliation Energy Transition Inc (RETI), giving Sumitomo the exclusive right to acquire significant equity interest in the East Calgary Carbon Transportation & Sequestration Project (CTS Hub).

Nonprofit consumer advocacy organization Public Citizen has called on the Federal Trade Commission (FTC) to investigate whether Blackstone Infrastructure Partner’s (Blackstone) recently approved acquisition of a 19.9% equity stake in Northern Indiana Public Service Company (NIPSCO) vehicle, NIPSCO Holdings II, is legally sound.

Chevron has agreed to acquire all outstanding shares of global independent energy company Hess in an all-stock deal valued at $53 billion or $171 per share based on Chevron’s closing price on October 20 2023.

Central Puerto has acquired a solar project in Argentina, adding 117MW of solar capacity to the company’s renewable portfolio.

Concentric Energy Advisors, a management consulting and financial advisory firm for the North American energy and water industries, is making changes to its c-suite.

Energy transition private equity firm Hull Street Energy has made a strategic investment in distributed generation solar development company Greenskies Clean Focus.

Enel Americas is looking to sell its Peruvian power generation businesses, Enel Generación Perú, Enel Generación Piura and Compañía Energética Veracruz.

Investment firm Northleaf Capital Partners has acquired a controlling stake in EVPassport, an electric vehicle (EV) charging platform.

Companhia Energética de Minas Gerais (Cemig) has concluded the sale of its shares in a hydroelectric power plant in Brazil.

French renewable company Voltalia has agreed to sell a 420MW solar project in Brazil to Newave Energia for an undisclosed amount.

TerraWatt Infrastructure, an EV charging station developer, has purchased two heavy-duty EV charging sites across inland Southern California, an area known as the Inland Empire.

Battery energy storage systems (BESS) M&A activity in the US continues to steadily increase as nationwide transmission upgrades and interconnectivity queues grow – with deals for the relatively new technology now in the billions of dollars.

Private equity firm Grey Rock Investment Partners has made a controlling investment in carbon capture and sequestration company CarbonCycle.

Duke Energy has closed on the sale of its entire distributed generation (DG) portfolio, including the operating assets, development pipeline and O&M portfolio of REC Solar, to Arclight.

Renewables developer Advanced Power has sold its Oriana Solar project to Sabanci Renewables, a subsidiary of Sabanci Holdings.

Neoenergia has completed the sale a 50% stake in the company’s transmission assets to a fund of Singaporean institutional investor GIC.

Renewable energy provider Cordia has acquired three Pittsburgh, Pennsylvania-sited energy systems from Essential Utilities for $165 million.

Brazilian renewables developer Omega Energia has signed a bidding share exchange agreement with EDF Renewables to swap stakes in renewable assets they co-own.

Natural gas and wastewater company Essential Utilities has closed on the sale of its entire West Virginia natural gas utility portfolio to Hope Gas.

New York natural gas supplier EnergyMark has agreed to acquire the assets of its neighbor and competitor Crown Energy Services.

AES Corporation has agreed to sell minority stakes in its Dominican and Panamanian businesses, adding a new partner in the company’s shareholders.

Energy and infrastructure investment giant NextEra has agreed to sell Florida City Gas (FCG) to oil and gas company Chesapeake Utilities.

Cubico Sustainable Investments has acquired a trio of operational renewable projects totaling 121MW in Uruguay.

Atlanta-based Southern Power, an energy subsidiary of Southern Company, has absorbed the 150MW South Cheyenne Solar Facility from South Korean-owned energy company Qcells USA.

Wholesale energy provider and Southern Company subsidiary Southern Power has acquired the Millers Branch Solar Facility.

Miami-based renewables firm Enfinity Global has added 546MW of solar under development to its US portfolio through the acquisition of three solar assets from CS energy.

EDP, through its subsidiary EDP Brasil, has signed a sale and purchase agreement to sell a coal-fired power plant in Brazil.

South Korean trading company Samsung C&T has signed a deal to sell 15 solar PV and energy storage systems (ESS) to North American developer Sunraycer.

Brazilian utility Companhia Energética de Minas Gerais (Cemig) is parting with a portfolio of small hydro assets, offloading them to Mang Participações e Agropecuária.

Waste-to-energy company Anaergia has moved forward with investment bank Piper Sandler & Co to lead the company in its strategic review.

Chevron USA has acquired natural gas developer Magnum Development from private equity firm Haddington Ventures.

Houston, Texas-based Talen Energy Corporation has made steps towards listing its common stock not long after a chapter 11 plan of reorganization and restructuring.

X-Energy Reactor Company and Ares Management have updated the terms of the nuclear development company’s buyout with the business now valued at $1.05 billion, down from $1.8 billion.

Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets has received a commitment from fund manager GCM Grosvenor for up to $100 million.

Clean power producer, developer, and energy storage company FirstLight Power has finalized its agreement to acquire Hydroméga Services, including ownership interest in five hydropower generating stations in Québec and five in northeastern Ontario.

Moelis & Company has appointed Jugjeev Duggal as managing director of the firm's newly launched clean technology unit.

Hull Street Energy affiliate Energy Transition and Environmental Management (ETEM) will shutter and repurpose multiple post-acquisition assets.

I Squared Capital has sold its electric distribution business the firm owns in Guatemala to Threelands Energy.

Brazilian utility Eletrobras is offloading the company’s last coal-fired asset it operates in the country.

Spanish energy giant Repsol is set to acquire US renewable development company ConnectGen for $768 million.

Igneo Infrastructure Partners has agreed to take a majority equity interest in renewable power producer Soltage.

Redeux Energy Partners will move forward with the sale of an 11-project, seven-state portfolio with Marathon Capital as its exclusive financial advisor.

Brazilian utility Copel is in the process of selling the company’s stake in the Araucária power plant located in the state of Paraná.

Middle-market solar and energy storage company CleanCapital is moving forward with climate tech startup Dock Energy as its official renewables transaction and asset management technology platform.

Norway’s Statkraft Energías Renováveis has agreed to purchase a duo of operational wind farms totaling 260MW in Brazil.

Priority Power, the energy management services, procurement and energy infrastructure development firm, has acquired power procurement advisor Atlas Retail Energy (Atlas).

BayWa r.e. has signed an agreement to acquire a solar distribution company, marking the company’s entry into the Brazilian renewable market.

Norwegian energy company Equinor has acquired a 25% stake in carbon sequestration site Bayou Bend CCS.

Greenbacker Renewable Energy Company (Greenbacker) has acquired three solar projects totaling a 12MWdc from OneEnergy Renewables.

French multinational utility company Engie has agreed to acquire the entire battery storage business of Houston-based Broad Reach Power from EnCap Energy Transition Fund I and co-investors Yorktown Partners, Mercuria Energy and Apollo Infrastructure Funds.

Distributed solar energy asset owner and operator Spruce Power has acquired a portfolio of residential solar assets located in California, New Jersey, and Massachusetts.

Celsia has agreed to acquire a wind project in Peru, marking the company’s entry in the Peruvian renewable market.

The Public Service Company of New Mexico (PNM) has reached an agreement with local legal authorities on the retirement of the San Juan coal plant under the Energy Transition Act.

Pampa Energía has completed swapping one of the company’s wind farms for stakes in an oil and gas concession.

American Electric Power (AEP) has completed the sale of its 1,365MW unregulated and contracted renewables business to IRG Acquisition Holdings, a consortium owned by Invenergy, CDPQ, and funds managed by Blackstone Infrastructure.

On-site industrial energy developer One Energy and SPAC, Tortoise Acquisition Corp. III (TRTL), have entered into a merger agreement to become the publicly listed company One Power Co. The new firm has an enterprise value of $300 million, with common stock valued at $10 per share.

ArcLight Capital Partners has purchased Sojitz's indirect ownership of Kleen Energy Systems, owner of a 620MW natural gas plant in Middletown, Connecticut. ArcLight now has 100% of Sojitz's preferred equity and minority common equity interest of the natural gas facility.

Brazilian utility Companhia Energética de Minas Gerais (Cemig) has found a winning bid for hydroelectric assets the company is auctioning.

Algonquin Power & Utilities (AQN) will pursue the sale of its Renewable Energy Group and commence leadership changes with a new interim chief executive.

Matrix Renewables, a solar energy and battery storage developer backed by TPG Rise, has acquired a controlling interest in Pleasant Valley Solar project from rPlus Energies.

TSG Consumer Partners has made a private equity investment in residential solar, battery storage and energy provider Trinity Solar.

Desjardins Group Pension Plan and DGAM Global Private Infrastructure Fund II have together acquired 37.5% ofCanadian wind farms Cypress 1 & 2 from EDF Renewables.

Distributed solar company Bright has landed financing to scale its operations in Mexico.

State-owned utility Companhia Paranaense de Energia (Copel) has launched a R$4.3 billion ($912 million) share offering to privatize the company.

Corre Energy B.V.'s North America subsidiary has entered an agreement to acquire a 280MW and 4.2GWh energy storage project in West Texas from Contour Energy, a Texas-based battery and storage developer.

Tennessee Valley Authority (TVA), the largest public power supplier in the US, has acquired 279MW of solar panels from First Solar for its Lawrence County Solar Project located in Alabama.

Rockland Capital, a private energy investment company, has purchased a natural gas- and oil-fired energy facility in the NYISO market from GenOn Holdings, inc.

BKV-BPP Power, a joint venture of BKV Corporation and Banpu Power US Corporation, has closed on its acquisition of the Temple II power plant, the company’s second natural gas generation asset.

Denham Capital has agreed to sell Rio Energy – an onshore renewables company in Brazil – to Equinor.

Fortescue Future Industries (FFI) has acquired Phoenix Hydrogen Hub, LLC (PHH), the company’s first large-scale US transaction following the Inflation Reduction Act.

Omega Energia and EDF have signed a memorandum of understanding (MoU) to exchange interests in renewable assets they co-owned in Brazil.

Brazilian utility Cemig has acquired stakes in four distributed solar generation projects in Brazil from G2 Energia.

Renewables infrastructure firm True Green Capital Management (TGC) has closed on its majority ownership acquisition of CleanChoice.

Valia Energía, an Actis-backed power generation company, has completed its acquisition of EVM Energía, adding 850MW of gas-fired assets to its Mexican portfolio.

EverWind Fuels, Canada-based green hydrogen producer, has acquired three wind farm developments totaling 530MW to power green hydrogen and ammonia projects.

Enel Chile is offloading a portfolio of solar assets totaling 416MW to Sonnedix.

Exxon Mobil has agreed to acquire carbon capture developer Denbury in an all-stock transaction valued $4.9 billion or $89.45 per share. Denbury shareholders are to receive 0.84 shares of ExxonMobil for each Denbury share.

EDP has increased its stakes in EDP Brasil, effectively delisting the company in Brazil.

Brookfield Renewable’s acquisition of Duke Energy’s renewables business comes amid a slowdown of mega M&A deals for renewables platforms as financing costs continue to run up fast.

Houston, Texas-based Arroyo Investors, a power and infrastructure-focused investment manager, closed on its acquisition of Mesa Solutions from Dallas-based BP Energy Partners.

An affiliate of ArcLight Capital Partners has purchased Duke Energy's commercial distributed generation business for $364 million, which includes non-controlling tax credits, with Duke expecting to net $259 million of the proceeds from the sale.

ESA, clean energy and decarbonization platform, has entered a co-development partnership with Nautilus Solar, which purchased ESA's 270MW solar portfolio in the Great Lakes Region.

Pampa Energia is parting with one of the company’s wind farms in Argentina for stakes in an oil and gas concession.

Itaú Unibanco has acquired a minority stake in a gas-fired power complex from Brazilian power generator Eneva.

Greenbacker Capital Management, a renewables asset manager, has purchased a to-be-constructed 30MW / 120MWh energy storage system from SunCode Energy.

Avangrid and PNM Resources, an Albuquerque-based energy holding company, have agreed to amend and extend their merger agreement through end of year 2023.

Iberdrola has signed a binding agreement to sell a large part of its portfolio in the country to the government for $6 billion.

Brookfield Renewable has agreed with Duke Energy to acquire its unregulated utility scale commercial renewables business at an enterprise value of approximately $2.8 billion, including non-controlling tax equity interests and the assumption of debt.

Investment fund managers Fiera Infrastructure and Palisade Infrastructure have completed the acquisition of a renewable energy generation and battery storage business from Amp Energy.

Itaú Unibanco has acquired interests in the Serra do Assuruá wind complex developed by Engie Brasil Energia.

AES Corporation has acquired the 2GW Bellefield project, the largest solar-plus-storage development in the US, from Avantus.

AES Andes has signed a sale and purchase agreement to acquire a solar project in Chile.

Recently formed independent power producer (IPP) Linea Energy has acquired a 490-MWdc solar project from London-based developer Horus Energy.

Engie Brasil Energia has closed the sale of the company’s last coal-fired power plant in Brazil, making it 100% renewable power generator in the country.

German developer Blue Elephant Energy continues its expansion in Chile with the acquisition of a portfolio of small-scale solar assets.

Natural gas company PureWest Energy has merged with a newly formed entity sponsored by a private consortium of family offices and financial institutions (PW Consortium) in a $1.84 billion deal.

InfraCorp, the infrastructure investment platform of Grupo Romero, has closed the acquisition of the Puerto Bravo gas-fired plant in Peru.

Ørsted has agreed to acquire Eversource Energy’s 50% interest in the uncontracted federal offshore wind lease, jointly owned by the 2 companies, for $625 million.

SUSI Partners, the Swiss sustainable energy infrastructure investment manager, has acquired Encore Renewable Energy.

Scout Clean Energy and Elawan Energy’s joint venture has finalized the sale of its 199MW Persimmon Creek wind farm in western Oklahoma to utility company Evergy for $250 million.

Northeastern energy giant Agilitas Energy has entered a strategic development partnership with full-service energy provider Oak Square Partners.

EE North America, the US subsidiary of European Energy, has sold 350MW utility solar project to Osaka Gas USA (OGUSA) .

BlackRock has acquired a portfolio of distributed solar generation assets in Chile.

Sequitur Renewables purchased an operating wind farm in the Almont Pass area of California on May 16.

DIF Capital Partners (DIF) has signed an agreement to acquire a 75% interest in Canadian geothermal energy company Diverso Energy.

Chile’s Verano Energy is growing its portfolio in Colombia with the acquisition of a trio of solar projects totaling 296MWp of installed capacity.

LS Power is set to acquire a 2.1GW natural gas generation portfolio from Brazos Electric Power Cooperative in ERCOT.

Private equity firm Hull Street Energy has agreed to acquire a 100% interest in 2 power plants from Mesquite Generation Holdings – an affiliate of Atlas Holdings.

NextEra Energy Partners is looking to sell its STX Midstream and Meade natural gas pipeline assets as it focuses on its renewable energy portfolio.

Colombia’s Celsia has agreed to sell part of its assets in Central America to a subsidiary of renewable developer EnfraGen.

Renewable energy developer Aspen Power has acquired 10 ground-mounted solar projects in northwest Pennsylvania from Sunrise Energy.

Renewables infrastructure firm True Green Capital Management (TGC) will acquire a majority ownership in CleanChoice, a direct-to-consumer clean energy provider.

Copenhagen Infrastructure Partners (CIP) has sold 2 wind farms in Texas to Canadian energy infrastructure company TC Energy.

Brookfield-backed Quantum has acquired the remaining stake in transmission company Sertaneja.

Canadian pipeline and energy company Enbridge has agreed to acquire the Aitken Creek natural gas storage facility from FortisBC Holdings Inc for $400 million.

EE North America – a subsidiary of the Danish renewable energy company European Energy – has bought a majority stake in 2 solar projects with a combined capacity of 700MW in Colorado.

Toyota Tsusho Corporation has completed its acquisition of an 85% stake in SB Energy, the renewables platform of Japanese multinational SoftBank Group.

Standard Solar has acquired the Knox Solar and Storage project in Acton, Massachusetts from developer EDF Renewables North America.

US renewables developer OCI Solar Power, a subsidiary of OCI Energy, has sold a Texas-based 110MW solar PV project to Mitsui.

Neoenergia has agreed to sell half of its transmission assets to a fund of Singaporean institutional investor GIC.

Private equity firm Hull Street Energy has agreed to acquire a 100% interest in Sunrise Power from Generation Bridge Acquisition, an affiliate of ArcLight Capital Partners.

On 4 April 2023, Iberdrola chairman Ignacio Galán sat on a dark green chair embroidered with the Mexican coat of arms, at a large wooden table with Mexican President Andrés Manuel López Obrador and a delegation, to hand over 8.5GW worth of assets — the largest energy deal ever signed in the country.

Sunergy Renewables said last week (19 April) that it has agreed to go public through a merger with special-purpose acquisition company ESGEN Acquisition.

Braya Renewable Fuels has unveiled a $300 million preferred equity investment from Energy Capital Partners (ECP), an energy-transition-focused investor in the electricity, clean energy and renewable infra sectors.

Solar developer ForeFront Power and investment firm HASI have entered a follow-on equity investment agreement for a portfolio of distributed solar and solar-plus-storage projects across California.

Canada’s Algonquin Power & Utilities Corp. and American Electric Power have pulled the plug on the deal for AEP’s utility subsidiary Kentucky Power and its transmission business AEP Kentucky Transco.

The Canada Infrastructure Bank (CIB) this week (17 April) reached an agreement to invest around C$100 million ($74.74 million) in Noventa Energy Partners, a renewable energy company that provides services to decarbonize the heating and cooling of buildings.

Luxembourg steel and mining firm ArcelorMittal’s Brazilian subsidiary will form a JV with Casa dos Ventos, one of Brazil’s largest renewables developers.

Greenwood Sustainable Infrastructure (GSI), a subsidiary of Libra Group, has acquired the solar and battery development portfolios of Saturn Power.

Continuum Renewables has said it intends to acquire all of Heliogen’s outstanding shares of common stock for a cash consideration of $0.40 per share.

Clean power producer FirstLight Power has completed the planned integration of H2O Power, the third-largest provider of hydroelectric power in Ontario.

Quinbrook Infrastructure Partners has entered the renewable fuels market with the acquisition of New-Hampshire-based biogas company PurposeEnergy.

Italian energy company Enel’s LatAm subsidiary has reached an agreement to sell its Peruvian businesses to China Southern Power Grid International (CSGI).

Allete Clean Energy has closed its sale of the 91.6MW Red Barn wind project in Grant County to WEC Energy Group utility, Wisconsin Public Service (WPS), and Madison Gas and Electric Co (MGE).

Waste-to-energy company Covanta has reached an agreement to acquire Circon Holdings, a portfolio company of Kinderhook Industries.

The US subsidiary of Thai-listed BCPG has reached an agreement with Franklin Power Holdings to acquire a stake in two natural gas power plants in Pennsylvania.

Brazilian utility Cia Energetica de Minas Gerais (Cemig) will hold an auction on 10 August 2023 to sell off 41.2MW of operational small hydro power projects.

Iberdrola has agreed to sell more than 8.5GW of assets it operates in Mexico, in a transaction valued at around $6 billion.

Ancala Partners today (3 April 2023) said it has acquired a majority interest in Noventa Energy Partners, a renewable energy company that provides services to to decarbonize the heating and cooling of buildings.

DIF Capital Partners has agreed to acquire a majority equity interest in US-based Green Street Power Partners, a developer, financier, owner and operator of distributed generation solar projects.

Electricity distributor and hydro developer Luz del Sur has agreed to acquire a pair of solar projects in Peru.

Equatorial Energia has signed an investment agreement with Itaú Unibanco in the amount of R$2.1 billion ($403 million).

The Ontario Teachers' Pension Plan Board has agreed to acquire a majority stake in renewable natural gas developer (RNG) Sevana Bioenergy.

Renewable energy developer Birch Creek Energy has acquired Foundation Solar Partners from Hull Street Energy. Financial terms of the transaction were not disclosed.

Renewable investor CleanCapital has acquired a portfolio of ten projects with 26.2MW of power capacity in Rhode Island.

Electricity Generating (EGCO), the power generation arm of the Electricity Generating Authority of Thailand, has completed the acquisition of a 49% interest in Rhode Island State Energy Centre (RISEC) in Johnston, Rhode Island.

Spearmint Energy has acquired Nomadic, a 900MW portfolio of battery energy storage solutions (BESS) assets in Texas.

IFM Investors has acquired a majority interest in GreenGasUSA, a South-Carolina-based RNG developer, owner and operator.

Brazil’s Eletrobras has acquired an additional 22.9% interest in the holding company of the Santo Antonio hydro plant, bringing the company's total ownership to over 95%.

ACEN, the listed energy platform of the Ayala group, has signed a purchase and sale agreement with GlidePath to acquire a portfolio of eight operating wind projects totaling 136MW in northern Texas.

Catalyst Power Holdings, a portfolio company of BP Energy Partners, has struck a strategic partnership with JCD Solar Consulting to augment the marketing, aggregation and servicing of community solar projects.

YPF Luz has announced its intention to purchase all the shares in the thermal generation plant Central Dock Sud from Enel Americas.

Scale Microgrids has acquired more than 100MW of New York community solar projects in the late stages of development that it will construct, own and operate as it continues its recent expansion.

Mexico-based solar power producer Cox Energy America has secured 45MW worth of solar PV capacity in a grid allocation tender held by Colombia.

Marathon Petroleum has acquired a 49.9% interest in emerging RNG producer LF Bioenergy for $50 million.

Blackstone-backed energy storage and hybrid operator Aypa Power announced today that it has acquired the Yadkins standalone battery energy storage project from East Point Energy.

Data center provider Odata has acquired a minority stake in a wind project in Brazil for an undisclosed amount.

German renewables giant RWE has closed its $6.8 billion acquisition of Con Edison Clean Energy Businesses (CEB).

US renewable gas platform Viridi Energy has acquired a landfill RNG project at the Marathon County Solid Waste Department’s landfill in Ringle, Wisconsin.

Canada Pension Plan Investment Board (CPP Investments) has agreed to acquire a 49% stake in California-based energy producer Aera Energy from international asset management group IKAV.

Brazilian solar developer GDSun has acquired a pair of distributed solar generation projects in Brazil.

Invenergy, CDPQ and Blackstone Infrastructure have teamed up to acquire American Electric Power’s (AEP) 1.37GW unregulated, contracted renewables portfolio at a $1.5 billion enterprise value, including project debt.

CleanCapital has acquired a portfolio of operational solar assets located in New Jersey.

Enel Américas – a subsidiary of Enel SpA – has agreed to sell its stake in two Argentinian thermal generation plants to power generation firm Central Puerto.

Spanish renewables firm Grenergy has sold three PV solar farms in Chile for €41.3 million ($44.2m).

Investment fund managers Fiera Infrastructure and Palisade Infrastructure have joined forces to acquire a renewable energy generation and battery storage business from Amp Energy.

Infrastructure investor ArcLight Capital Partners has completed the sale of Great River Hydro to Hydro-Québec for approximately $2 billion.

Gore Street Energy Storage Fund will acquire Big Rock, a 200MW/400MWh energy storage project in Imperial County, California.

Altus Power, an independent developer, owner and operator of commercial-scale solar facilities, has closed on a $293 million acquisition of 220MW solar assets.

enCore Energy Corp has acquired the Alta Mesa in-situ recovery (ISR) uranium project from Energy Fuels for $60 million in cash and a $60 million promissory note.

Spanish renewables producer Grenergy has acquired the remaining 60% stake in Alabama, Birmingham-based Sofos Harbert Renewable Energy (Sofos Harbert) to bolster its footprint in the US energy market.

German renewables developer Sowitec will sell three solar development projects in Mexico.

Energy transition investment firm Denham Capital has acquired New-Jersey-based Solops, a premier developer, financier, owner and operator of photovoltaic solar projects, for an undisclosed sum.

FirstEnergy Corp. has agreed to sell an additional 30% stake in its transmission unit to an affiliate of investment firm Brookfield Asset Management.

Vancouver-based Westbridge Renewable Energy has acquired the Red Willow Project, a 295MWp solar photovoltaic and 100MW/200MWh battery energy storage system (BESS).

BlackRock-owned DSD Renewables has acquired a community solar-plus-storage project in Dartmouth, Massachusetts.

WEC Energy Group has acquired an 80% ownership interest in the first phase of the Samson Solar Energy Center.

ArcLight Capital Partners has committed $150 million to a battery energy storage developer which the company founded last year.

EDP Renováveis has concluded the sale of two operating wind farms in Brazil.

Brazilian distributed generation company Órigo Energia has landed a R$250 million ($49 million) equity injection.

Norwegian energy company Statkraft has acquired the company’s first solar and wind projects in Peru.

Integrated clean energy platform Peregrine Energy Solutions will develop two mid-stage energy storage assets in the Electric Reliability Council of Texas (ERCOT) market.

A solar and battery development specialist with a private fund and a listed strategy focused on North America is realising the first sales from both strategies.

US solar and battery storage developer Hecate Energy is looking for buyers for a 3GW standalone battery storage and solar portfolio, PFR has learned.

Investment fund managers have been rapidly building multi-billion-dollar war chests, and are taking aim at the US power sector.

Celepsa has acquired the company's first gas-fired power plant in Peru.

Mega deals in North American power M&A gather pace into 2023 fueling greater overall activity as renewables portfolios are packaged together for the next big sale.

Ørsted has signed an agreement to acquire Public Service Enterprise Group’s (PSEG) 25% equity stake in Ocean Wind 1, a 1.1GW offshore wind energy project.

Duke Energy Sustainable Solutions (DESS) has invested in Pike Solar, a new solar power plant being constructed to serve customers of Colorado Springs Utilities.

An evergreen renewable energy platform with a global strategy has launched with news of its first acquisition – a construction-ready wind farm in Canada – and a keystone investor.

Cubico Sustainable Investments has agreed to purchase a 1GW solar project in Brazil.

Vancouver-based Revolve Renewable Power has completed the sale of its 250MW Parker Solar and Storage Project and the 1GW Bouse Solar and Storage Project to Engie.

Renewables developer Enfinity Global has a 400MW operational utility-scale solar portfolio, a significant step in the company's US expansion.

ATCO, through its investment in Canadian Utilities, has completed its previously announced acquisition of a renewables portfolio from Suncor Energy for C$730 million ($536m).

Climate solutions investor Hannon Armstrong has invested in a 1.3GW renewables portfolio owned and operated by AES.

Continued interest from global energy players drove activity this year with large M&A transactions having a moment in the renewables sector across Latin America. A variety of reasons for the renewed enthusiasm – from foreign sponsors with capital to put to work, political changes ushering in deals, new regulation incentivizing investments – created another competitive year for the M&A market in Latin America. Energy giants, including many European players, led the trend this year with major platforms exchanging hands all around the region.

Altus Power will acquire 220MW of newly developed and in-construction solar assets from True Green Capital Management in a roughly $293 million deal.

EQT is set to acquire Madison Energy Investments (MEI) from infrastructure and real assets fund manager Stonepeak Partners.

Engie Energía Chile has completed the acquisition of a portfolio of wind projects.

Pampa Energía has acquired a state-owned wind project located in the province of La Rioja in Argentina.

Independent solar power producer, CVE North America, has acquired a portfolio of solar PV projects in upstate New York from Saturn Power Corporation.

EDF Renewables North America has signed an agreement with Luminace, a Brookfield Renewable company, for the sale of a 21.6MWdc portfolio of 3 community solar projects.

Sustainable infrastructure focused private equity firm Green Rock Energy Partners has acquired Pennsylvania-based PSA South Hills Landfill Gas Venture, a RNG production facility.

Brazil’s competition regulator (CADE) has approved a deal between pharmaceutical company Eurofarma Laboratórios and energy firm Omega Energia 4 related to the 211.5MW Assuruá 4 wind project.

Enel Chile has completed the sale of the company’s transmission business to Chilean transmission company Grupo Saesa.

EDP Brazil has completed the sale of its Mascarenhas hydro power plant to a UK-based investment firm.

Renewable energy developer Longroad Energy has acquired the 98MW DC Titan Solar project from Sunpin Holdings.

Bleutec Industries – builder, owner and operator of offshore wind turbine installation vessels – has secured a capital commitment from private equity firm EnCap Investments.

AES Brasil, and its subsidiary AES Operações, have completed the acquisition of a trio of wind farms totaling 460MW.

Grupo Energía Bogotá (GEB) has completed its acquisition of five transmission lines in Brazil.

Caliche Development Partners II has received $268 million in capital commitments from Orion Infrastructure Capital and GCM Grosvenor (OIC), targeting underground storage and sequestration assets in North America.

Activate Renewables, an acquirer of real estate and royalty interests in wind, solar and energy storage, has bought a renewable energy real estate portfolio owned by Alchemy Renewable Energy.

Bravo Infrastructure Group in partnership with Orion Infrastructure Capital has acquired Radiance Solar, an engineering, procurement, and construction (EPC) contractor in south-eastern US.

A Brazilian steel manufacturer is partnering with an investment manager on a renewables platform to develop projects in the country.

Duke Energy Sustainable Solutions has acquired the 100MW Wildflower Solar Project from Clearway Energy Group.

NextEra Energy Partners – a limited partnership formed by NextEra Energy – has agreed to acquire a 49% equity interest in Emerald Breeze, a roughly 1.5GW renewables portfolio from subsidiaries of NextEra Energy Resources.

Independent power generator Onward Energy is acquiring the Broad River power generation facility in Gaffney, South Carolina.

Strata Clean Energy, a provider of utility-scale clean energy projects, has acquired Phoenix-based Crossover Energy Partners, a clean energy solutions company experienced in developing end-to-end energy transition products for utilities and large energy users.

BlackRock Alternatives, through a fund managed by its diversified infrastructure business, has agreed to acquire Jupiter Power – a leading operator and developer of stand-alone, utility-scale battery energy storage systems (BESS).

Hull Street Energy has agreed to sell an almost 330MW portfolio of hydroelectric projects spread across the US to LS Power.

ClearGen, a clean energy investor backed by private equity powerhouse Blackstone, has invested in a portfolio of partnership interests in 25 wind farms totaling 1.4GW of existing generation capacity throughout the US.

Steel producer Ternium has acquired a greenfield wind project in Argentina.

North American alternative investment manager Fengate Asset Management has acquired the Prairie Switch Wind Project in Texas from Triple Oak Power and signed a PPA with Meta Platforms.

Energy company Allete has agreed to sell a more than 100MW wind project in Wisconsin to a pair of publicly owned utilities.

Private equity giant Carlyle has invested $350 million in Aspen Power Partners as the generation platform embarks on an acquisition spree.

Allianz Capital Partners has acquired the 147MWdc Galloway 2 Solar Project from Avantus – formerly 8minute Solar Energy.

GridStor, the developer, owner and operator of battery energy storage systems, has acquired a portfolio of storage projects currently in development in the greater Los Angeles area from Upstream Energy of San Diego.

A community solar platform based out of Denver, Colorado has launched an equity raise process.

Boralex has agreed to acquire a 50% stake in a pair of wind projects in New Mexico, totaling almost 300MW, from EDF Renewables.

Engie North America has acquired a 6GW portfolio of solar and battery storage projects in the US.

Chilean fund manager Toesca Asset Management has agreed to acquire a large-scale solar project in Chile.

Oglethorpe Power, a member-owned energy company, has agreed to acquire 2 generating units at Washington County Power, a 4-unit 660MW combustion turbine generation and transmission facility, in Sandersville, Georgia.

France's TotalEnergies (TTE) and Brazil's Casa dos Ventos (CDV) have entered a joint venture to set up a renewable portfolio of Casa Dos Ventos, Brazil.

Companhia Siderúrgica Nacional (CSN) has completed the privatization process of Companhia Estadual de Geração de Energia Elétrica (CEEE-G).

PPL Corporation, the Pennsylvania-headquartered transmission and distribution company, and Belgian transmission operator Elia Group have agreed to develop innovative transmission solutions to integrate future offshore wind capacity with the onshore grid in the New England region.

Invinity Energy Systems has entered into a sales agreement with Maada'oozh, a wholly-owned subsidiary of Indian Energy, for a 10MWh Invinity VS3 flow battery system to be used in a large-scale solar microgrid project in Southern California.

US solar developer Innovative Solar Systems (ISS) has put itself up for sale for $150 million.

The energy company Invenergy has secured a deal to sell a pair of wind projects in Texas and Oklahoma, totaling almost 800MW in generation, to a utility company.

Israel-headquartered Doral Renewables has struck a deal to secure $500 million in investment from Apollo Global Management and fellow Israeli company, Migdal Insurance.

Wafra, a global alternative asset manager, has announced the acquisition of a controlling interest in Mission Clean Energy, a utility-scale renewable asset developer.

Solar power developer Standard Solar is acquiring solar projects with a combined capacity of 6.2MW in Rhode Island from Trina Solar.

Dominion Energy Virginia has acquired a utility-scale battery project from energy storage developer East Point Energy, a wholly-owned subsidiary of Equinor.

Renewable energy fund US Solar Fund (USF) is considering a potential sale of the company amid various strategic alternatives to maximize shareholder value.

Energy giant BP is set to acquire Archaea Energy, a US-based platform that develops, constructs, and operates RNG facilities.

Swedish developer Eolus has agreed to sell a solar and battery storage project in Arizona.

Greenbacker Capital Management has purchased a community solar project in Virginia from solar development company Sun Tribe Development.

ArcLight Capital Partners has agreed to sell its hydroelectric generation platform, Great River Hydro, which owns a portfolio of assets across New England.

Quinbrook Infrastructure Partners-backed Primergy Solar has closed the sale of a minority stake in a 690MW/1,416MWh solar-plus-storage facility in Nevada, after beginning marketing a stake in the project earlier this year.

Energy Harbor Corp, an energy company that is partially owned by Nuveen Asset Management and Avenue Capital, has agreed to sell and then deactivate a pair of its coal plants totaling almost 3GW of generation as it looks to decarbonize its asset fleet.

Advanced Power has closed the sale of its 100% interest in Cutlass Solar II to Sabanci Renewables, a wholly-owned subsidiary of Sabanci Holdings.

Global Infrastructure Partners (GIP) has completed the acquisition of Atlas Renewable Energy from vendor Actis after the deal came to light in May (2022).

American Airlines has made a strategic investment in Universal Hydrogen Company, a company building a green hydrogen distribution and logistics network for aviation.

Editor's Note: This article has been amended since publication to include a statement given by Guzman Energy that was issued after press time.

Steelmaker Companhia Siderúrgica Nacional (CSN) has closed its acquisition of the Quebra-Queixo hydro plant in Brazil.

MasTec has completed the previously-announced acquisition of Infrastructure and Energy Alternatives (IEA), one of the largest utility-scale renewable energy infrastructure solutions providers in North America.

Electric utility Copel, through its subsidiary Copel Geração e Transmissão, is set to acquire a pair of wind farms in Brazil.

Canadian Utilities has agreed to acquire a Canada-based renewables portfolio from Suncor Energy for $730 million.

RWE has agreed to acquire US-based Con Edison’s Clean Energy Businesses (CEB).

Private equity firm Actis has added to its existing position in Brazilian renewable developer Omega Energia.

Eneva has closed its acquisition of CELSEPAR, the holding company which owns the largest LNG-to-power asset plant in Brazil.

InfraRed Capital Partners has entered into an agreement to purchase stakes in four wind projects in the US and Canada from Canadian outfit Algonquin Utilities & Power Corp.

CarVal Investors has purchased an around 70MW portfolio of utility-scale solar projects in Pennsylvania from a solar project developer.

Engie Energía Chile has agreed a deal to acquire an operational wind project in Chile.

Canada’s Algonquin Power & Utilities Corp. has agreed to a new transaction price for its acquisition of American Electric Power's (AEP) utility subsidiary Kentucky Power and its transmission business AEP Kentucky Transco.

The renewables platform of Brookfield Asset Management has splurged on the US renewable energy market with the addition of 2 new renewable platforms to its portfolio.

Japanese conglomerate ORIX Corporation has invested in a 150MW Texan wind power farm via its US Strategic Solutions group – following up last year’s foray into US wind energy.

Berkshire Hathaway Energy (BHE) has agreed a deal to purchase an almost 400MW portfolio of wind projects in Montana from an affiliate of Morgan Stanley.

Capital Dynamics has reached a deal to sell a 400MW operational portfolio of solar projects in US to a Spanish-owned energy platform.

Equatorial Energia has agreed to acquire Enel Brasil's distribution business Celg-D (Enel Goiás).

Oil and gas company BP Energy has struck a deal to purchase the remaining 50% stake of a 470 MW wind project in Kansas that the company co-owns with American Electric Power (AEP).

Cypress Creek Renewables has struck an agreement to sell a 45 MW portfolio of community solar projects in Illinois to Nexamp.

Greenbacker Renewable Energy Co has purchased a 54 MW wind project in Illinois from a national renewable energy project developer.

Solar developer Soltage has purchased a 28 MW solar project that is being built on land held by the Cincinnati Zoo in Ohio.

EDF Renewables has agreed to sell a 50% stake in its Big Beau solar-plus-storage project located in California.

Matrix Renewables has struck a deal with solar developer SolarStone Partners that will see the two companies collaborate on the development of a 4.6 GW US project pipeline.

Slate Asset Management has entered into a strategic partnership with a Canadian renewables developer through the purchase of a minority stake in the platform.

Engie Brasil Energia has signed a share purchase and sale agreement that will see the company let go of its last coal-fired power plant in Brazil.

Update: This article was edited on Sept.16 to include the identity of the sell-side financial advisor and additional details about the PPAs.

NextEra Energy has agreed to sell $2 billion worth of equity units to a trio of investment banks.

Electric vehicle company XL Fleet Corp has purchased rooftop solar developer Spruce Power.

bp North America has agreed to acquire EDF Energy Services (EDF ES), the power and gas supplier operating in the United States of French energy company EDF.

WEG Capital, through its WEG-4 fund, has acquired an operational solar project in Chile from a US renewable energy company.

J-Power USA has entered into an agreement with a Thai infrastructure company to sell a minority stake in a 1,200 MW combined cycle gas-fired plant in Illinois.

Canada’s Polaris Renewable Energy, previously known as Polaris Infrastructure, has closed its acquisition of an operational hydro project in Ecuador.

Pathway Power, a newly formed renewable energy and battery storage developer, has landed a strategic investment from a climate-focused infrastructure platform.

Earthrise Energy has acquired a pair of gas-fired peaker plants in Illinois totaling 984 MW from a subsidiary of ArcLight Capital Partners.

Osaka Gas USA (OGUSA) has inked an agreement with Summit Ridge Energy (SRE) to develop distributed solar projects in the state of Illinois.

Origis Energy has purchased a pair of development-stage solar projects totaling almost 150 MW in Florida from Shell New Energies’ Savion.

UK-based VH Global Sustainable Energy Opportunities (GSEO) has acquired a 198 MW hydro facility in Brazil.

Cordelio Power and Tenaska have entered into a joint development agreement which will see the two companies co-originate wind projects in the US and Cordelio purchase 1 GW of renewable generation.

Clearway Energy Group (CEG) has closed its purchase of a 413 MW portfolio of wind projects from a subsidiary of Edison International Co, having agreed a deal earlier this year.

Revolve Renewable Power has completed the acquisition of Centrica Business Solutions Mexico (CBS Mexico) for a total of MX$29 million ($1.4 million).

Starwood Energy Group has entered into a $100 million joint venture with a US transmission company to finance and accelerate grid modernization.

Energy infrastructure company Priority Power has acquired the solar development and energy procurement arm of a power aggregator and broker.

Longroad Energy has agreed a deal that will see the energy company purchase a 70 MW solar project in California from Sunpin Solar.

Brazilian power generator Eneva has completed its acquisition of a 327 MW gas-fired CCGT power plant, dubbed TermoFortaleza.

KKR & Co has led a structured investment, along with GCM Grosvenor, in a California-based renewables developer.

Australian fund manager New Energy Solar has reached an agreement to sell its 606 MW (DC) portfolio of solar projects in the US to a Goldman Sachs subsidiary.

Paris-based developer GreenYellow has offloaded a portfolio of solar assets in Brazil to another French renewable power producer.

New Fortress Energy (NFE) and funds managed by Apollo have formed their previously announced LNG maritime infrastructure JV.

Consumers Energy is set to close a deal that will see the company purchase a 1,176 MW combined-cycle natural gas-fired project from ArcLight Capital Partners.

A subsidiary of the utility Xcel Energy has entered into a revised agreement with Allete’s renewables subsidiary to purchase a repowered wind project totaling 120 MW in Minnesota.

Pivot Energy has closed a deal to purchase a Maryland-based community solar developer.

A Swiss energy company has entered into an agreement with SMT Energy that will see the European outfit purchase 100 MW of battery storage capacity in Texas.

CleanCapital has made an equity investment in Renewable Independent Power Producers (Renewable IPP), a solar developer operating in Alaska.

Pampa Energía has acquired the remaining 50% stake in Greenwind, making the company the sole owner of the platform.

Talen Energy Supply (TES) has reached an agreement with shareholders to upsize the company’s equity rights agreements by $250 million, triggering a process that will see the platform enter the M&A market.

Cemig SIM, the renewable arm of Brazilian power company Cemig, has acquired a stake in a portfolio of small solar generation assets.

Colorado-based developer Scout Clean Energy has sold an almost 200 MW wind project in Oklahoma to Evergy.

Activate Renewables, a newly-formed renewable energy platform, has purchased a 115 MW portfolio of renewable assets from Ares Management Corp.

AES Brasil has acquired a trio of wind complexes totaling 456 MW in capacity in Brazil, a transaction valued at R$2.03 billion ($397 million).

A subsidiary of Exus Management Partners has acquired a solar complex exceeding 1 GW in capacity located in the state of Piauí, Brazil.

Warburg Pincus has struck a deal to invest $250 million in a subsidiary of Calumet Specialty Product Partners which develops renewable hydrogen projects based in Montana.

Brazilian distributed generation company Órigo Energia has secured a $85 million equity investment to further expand its solar generation asset portfolio.

EDP has agreed to sell its stake in Hydro Global, a joint venture between EDP and the China Three Gorges (CTG) group.

Greenbacker Capital Management has made a strategic growth investment in a Boston-based distributed generation, microgrid, and energy efficiency company.

Hull Street Energy has made a strategic investment in a newly-formed energy storage company based out of Colorado.

CenterPoint Energy’s Indiana-based business has requested regulatory approval to purchase a 130 MW solar project in the state from Invenergy.

Climate Adaptive Infrastructure (CAI) and Meridian Clean Energy have closed on the purchase of a minority stake in an 850 MW peaking plant in California, as part of a partnership between the two companies.

Sequitur Renewables, an affiliate of ArcLight Capital Partners, has agreed to acquire a 185 MW portfolio of wind projects from GlidePath Power Solutions.

Longroad Energy, a renewables developer that is a portfolio company of Morrison & Co, has secured a $500 million equity investment from a trio of investors.

Grupo Energía Bogotá (GEB) has entered an agreement to acquire 100% interests in five transmission concessions in Brazil.

Black Mountain Energy Storage (BMES) has sold a 700 MW portfolio of standalone battery storage projects to UBS Asset Management, making 1.5 GW of sales for the company in the last two months.

German renewable developer ABO Wind has sold its Buffalo Plains wind farm located in Alberta, Canada.

The government of Rio Grande do Sul has found a buyer in the privatization process of the state’s electricity generation company, Companhia Estadual de Geração de Energia Elétrica (CEEE-G).

Spearmint Energy, a newly-formed energy storage developer, has purchased a 150 MW battery storage project in Texas from a subsidiary of Con Edison Clean Energy Businesses, the company’s first ever asset acquisition.

Pelion Green Future has agreed to financially partner with a newly formed renewable energy project development company based out of Texas.

Spruce Power has struck a deal to acquire another developer’s entire portfolio of rooftop solar assets, which totals over 16 MW (DC) of generation.

CleanCapital has purchased a 36.6 MW solar project in the US territory of Guam from Illinois-based developer GlidePath Power Solutions, its largest single asset acquisition to date.

Cypress Creek Renewables has purchased a four-project portfolio of standalone energy storage projects totaling 400 MW in Texas from a local developer.

Invenergy has struck a deal with a subsidiary of American Electric Power (AEP) whereby the company will sell a 204 MW wind project it is developing in Illinois.

Generate Capital has purchased esVolta, a large-scale battery storage developer, as Generate continues to scale up its renewables operations.

Buckeye Partners has completed its acquisition of Bear Head Energy, owner of a clean energy development project in Point Tupper, Nova Scotia.

A fund managed by BlackRock Real Asset Partners has agreed to purchase Vanguard Renewables, a renewable natural gas company that went up for sale earlier this year.

Cubico Sustainable Investments has bought two wind projects located in Uruguay from construction company Grupo ACS.

OMERS Infrastructure has agreed to sell Midland Cogeneration Venture, a 1,633 MW combined-cycle heat and power plant, to a pair of institutional investors.

FGE Power, an Austin, Texas-based renewables developer, has agreed to sell a 531 MW wind project in Texas to a Brazilian energy company.

Macquarie Asset Management’s Green Investment Group (GIG) has closed an investment in a renewable energy developer in the US.

Amber Infrastructure has offloaded a utility-scale solar project it developed and owned jointly with Hudson Energy Enterprises to a New York-based renewable developer.

Terra-Gen has agreed to sell a majority stake in the first phase of its massive solar-plus-storage project, Edwards Sanborn, located in Kern County, California.

Sempra, through its subsidiary Sempra Infrastructure, has inked a multifaceted heads of agreement (HOA) with ConocoPhillips to develop the Port Arthur LNG terminal in Texas and expand future collaboration.

Community solar developer Summit Ridge Energy has secured a $175 million investment from funds managed by Apollo.

A buyer has been found for East Point Energy, a battery storage platform which was put on the market this February.

Partners Group has acquired a majority equity stake in Energy-as-a-Service (EaaS) provider Budderfly and committed growth capital totaling more than $500 million in the company.

The state government of Rio Grande do Sul has launched a fresh attempt to privatize the state’s electricity generation company after failing to attract bids earlier in the year.

California-based Zeem Solutions, an EV “fleet-as-a-service” provider, has received a $50 million investment from a fund managed by ArcLight Capital Partners.

Broad Reach Power has entered into a services agreement with an energy technology and infrastructure company for its data center in Texas.

Scottish outfit Renewco Power has closed on a deal to purchase 1.5 GW of utility-scale solar projects and 500 MW of battery storage from a Virginia-based developer.

A buyer has been found for a 1.2 GW contracted portfolio of solar projects that a KKR & Co subsidiary put up on the market earlier this year.

Clearway Energy Group (CEG) has agreed to purchase a 413 MW portfolio of wind projects from a subsidiary of the public utility Edison International Co.

Latin American asset manager Patria Investments has completed its acquisition of nine run-of-river hydro assets from ContourGlobal.

Intersect Power has landed a $750 million growth equity investment from TPG’s investment platform, TPG Rise, and a consortium of new and existing investors.

Cemig’s renewable arm Cemig SIM has agreed to acquire a 16.2 MW solar portfolio in Brazil.

EIG Partners is launching a renewable energy platform in Chile through the merger of EIG-owned Cerro Dominador and recently acquired ANPAC Energia.

CleanCapital has acquired landfill and brownfield renewable developer BQ Energy (BQE).

The AES Corporation has purchased a wind project located in Mississippi from Danish manufacturer and developer Vestas.

Actis is to acquire a 10% stake in Brazilian renewables developer Omega Energia, with a potential primary investment of up to R$850 million ($162 million) to follow.

Renewables financial advisory firm Marathon Capital has entered into an agreement with Japanese bank SMBC that will see the bank purchase a minority stake in the outfit.