August 19 (Renewables Now) - Renewables Now covered M&A stories related to Macquarie, Pattern Energy and others over the past 11 days. Below is the full list of deals:
-- Eco Wave Power, EDF incorporate JV in Israel
Eco Wave Power and the renewables arm of French utility EDF SA (EPA:EDF) have formally set up a 50/50 joint venture in Israel to develop a 100-kW pilot wave energy project.
-- Macquarie to buy owner of 400-MW German offshore wind farm
Macquarie Infrastructure and Real Assets (MIRA) announced it has agreed to acquire Ocean Breeze Energy, the company behind the 400-MW Bard Offshore 1 wind farm in the German part of the North Sea.
-- Galp Bioenergy to take Petrobras' 50% in biofuel JV
Brazilian Galp Bioenergy BV is acquiring the shares it does not already own in Belem Bioenergia Brasil (BBB), the vegetable oil and biofuel business of state-run oil and gas giant Petroleo Brasileiro SA (BVMF:PETR4) or Petrobras.
-- LanzaTech to get USD-72m cash boost from Novo Holdings
Next-generation fuels producer LanzaTech will get a USD-72-million cash injection from Denmark’s Novo Holdings A/S, enabling it to expand its carbon recycling platform and speed up the commercialisation of its sustainable products.
-- Bioenergy DevCo receives USD-106m investment to grow in N America
US anaerobic digestion (AD) specialist Bioenergy Development Company (BDC) has secured a USD-106-million institutional investment from Newlight Partners LP.
-- Partners Group buys into 244-MW shovel-ready wind project in NSW
Swiss private markets investor Partners Group said it has purchased a stake of an undisclosed size in CWP Renewables’ 244-MW Bango wind project in New South Wales, Australia.
-- Macquire to buy 40% of 714-MW East Anglia One offshore wind project
Spain's Iberdrola (BME:IBE) said it has agreed to sell a stake worth GBP 1.63 billion in the 714-MW East Anglia One offshore wind project in the UK to a unit of Australia’s Macquarie Group (ASX:MQG).
-- SSE says negotiating sale of retail unit to Ovo Group
UK utility SSE plc (LON:SSE) said it is holding talks to sell its energy services business to Ovo Group, but noted that a final decision has not been made yet.
-- IL&FS files for final approval of 874-MW wind sale in India
Infrastructure Leasing and Financial Services Ltd (IL&FS) has turned to The National Company Law Tribunal (NCLT) for final clearance to sell its 51% stake in an 874-MW wind portfolio in India to project partner Orix Corp (TYO:8591).
-- Bioenergy DevCo takes over Italian peer
US anaerobic digestion (AD) specialist Bioenergy Development Company (BDC) said it has acquired BTS Biogas, an Italian firm that develops, builds and manages biogas and biomethane plants.
-- Serbia's Aqua Mont launches buyout bid for Hidrotehnika-Hidroenergetika
Serbian company Aqua Mont Service has launched a buyout bid for the 29.93% stake in energy and hydropower facilities builder Hidrotehnika-Hidroenergetika [BEL:HDRT] it does not own yet, it said.
-- CEZ plans to sell assets in Romania, Bulgaria, Poland, Turkey by end-2022
Czech energy group CEZ said that it is planning to sell its assets in Romania, Poland and Turkey and complete the sale of assets in Bulgaria by the end of 2022.
-- Pattern Energy confirms third-party interest
US wind power company Pattern Energy Group Inc (NASDAQ:PEGI) confirmed it has received third-party interest, but stressed there is no agreement or arrangement for any transaction at this point.
-- Greenbacker buys 9.3 MW of US solar from BNRG Renewables
New York-based Greenbacker Renewable Energy Company LLC said it has bought the rights to a 9.27-MW solar project portfolio in Oregon from a unit of BNRG Renewables Ltd.
-- AC Energy JV buys stake in 550 MW of Australian solar & storage
AC Energy, the energy arm of Philippines' Ayala Corp (PSE:AC), and UPC Renewables have agreed to buy 51% in a 250-MW pumped hydro project and a neighbouring 300-MW solar scheme, both located in South Australia.
-- Thai Solar Energy to buy 5-MW solar park
Bangkok-based renewables company Thai Solar Energy PCL (BKK:TSE) said it plans to acquire the operator of a 5-MW ground-mounted solar park in Udornthani province.
-- Atlantic Power buys AltaGas stakes in 85 MW of US biomass plants
US power producer Atlantic Power Corporation (NYSE:AT) has closed the acquisition of AltaGas Ltd’s (TSE:ALA) equity interests in two biomass plants with a combined capacity of 85 MW.
-- PacifiCorp takes full ownership of 41-MW wind farm in Wyoming
US power company PacifiCorp has become the solar owner of a 41.4-MW wind park in Wyoming and will start a repowering aimed at lifting the plant’s output by 60%.
-- Softbank pours USD 110m in brick tower energy storage co Energy Vault
Japan’s SoftBank Group Corp (TYO:9984), through its SoftBank Vision Fund, has invested USD 110 million in energy storage company Energy Vault in a move marking its foray into the global energy storage market.
-- CADE okays Enel's purchase of 378 MW of green projects in Brazil
Brazil's Administrative Council for Economic Defense (CADE) has approved without restrictions the acquisition by the local unit of Italian utility Enel SpA (BIT:ENEL) of 378 MW of wind and solar projects held by Grupo Mario Araripe.