U.S./Canada M&A
Transmission asset purchase rejected, snagging GridLiance move into MISO
Transmission developer GridLiance Holdco's plan to expand into the Midcontinent ISO market hit a roadblock when the Federal Energy Regulatory Commission denied its application to purchase six transmission lines connecting an Illinois coal plant.
Xcel Energy provides update on wind expansion in New Mexico, Minnesota
Xcel Energy Inc. provided an update on its wind expansion in New Mexico and Minnesota, announcing the closing a deal with Invenergy LLC and the purchase of a wind farm from NextEra Energy Inc. affiliates.
Vistra Energy's deal for Texas electricity retailer heads to FERC
Ambit Northeast LLC has asked FERC to approve its proposed acquisition by Vistra Energy Corp. for $475 million in cash, plus net working capital.
Dominion Energy Virginia to fully acquire transmission facilities
Dominion Energy Virginia is planning to acquire Allegheny Generating Co.'s ownership interests in certain transmission facilities.
UBS funds propose to acquire stake in 3 Texas wind farms
Funds within UBS AG are proposing to indirectly purchase shares in Phoenix Wind Repower LLC, a portfolio investment of a fund managed by Ares Management Corp.
WEC Energy to acquire majority stake in Neb. wind farm for $338M
WEC Energy Group Inc. agreed to acquire an 80% ownership stake in the 300-MW Thunderhead Wind Farm in Nebraska for about $338 million.
OG&E completes purchase of 146-MW Okla. gas-fired plant
Oklahoma Gas and Electric Co. on Aug. 30 said it completed the acquisition of the 146-MW Oklahoma Cogeneration natural gas-fired, combined-cycle facility in Oklahoma City and subsequently changed its name to Frontier power plant.
US Solar Fund closes acquisition of 128-MW solar project in Utah
US Solar Fund PLC has completed the acquisition of the 128-MWdc Milford Solar Project (Long Road Energy Partners) in Beaver County, Utah, from Longroad Energy Partners LLC.
Dominion Generation to acquire 74-MW solar project in North Carolina
A subsidiary of Dominion Generation Inc is seeking the FERC approval to acquire the 74-MW Wilkinson Solar Project from a subsidiary of Invenergy LLC.
Tri Global Energy sells Texas wind project to Invenergy
Tri Global Energy LLC announced Sept. 3 the sale of the Changing Winds Renewable Energy Project to Invenergy LLC for an undisclosed amount.
EDF Renewables North America acquires Powerflex Systems
EDF Renewables North America on Sept. 3 announced its acquisition of California-based electric vehicle charging systems developer Powerflex Systems Inc. to expand its footprint in the distributed energy market.
FERC clears Duke's sale of passive stake in fuel cell generators
FERC on Aug. 29 approved a Duke Energy Corp. subsidiary's proposed sale of passive stake in Project Oxygen Holdings LLC for an amount in excess of $10 million.
European M&A
Senvion gets offers for core assets as it enters 'final stages' of M&A process
German wind turbine manufacturer Senvion SA said Aug. 28 that it has not received any offer for its entire turbine unit business, but received several advanced offers for various substantial core parts of its business.
Alpiq Holding sells 2 Czech coal-fired plants
Alpiq Holding AG has completed the sale of its two Czech coal-fired power plants to Sev.en Energy Group for net cash inflow of approximately €250 million, or CHF270 million.
Vestas to divest 80% stake in Romanian wind projects
Vestas Wind Systems A/S announced that it will sell 80% of its shares in three wind farms in Romania for approximately €136 million.
Developer raises €100M from stake sale, eyes 500-MW build-out in Spain
Madrid, Spain-based developer Soto Solar has raised over €100 million from selling a 50% interest in the company to a group of international private wealth investors.
Enel Green Power begins construction of 74 MW of Spanish wind
Enel Green Power España SLU has commenced construction on two wind farms with a total combined capacity of about 74-MW in Zaragoza, Spain.
Eolus Vind closes sale of Swedish wind farm to Aquila Capital
Eolus Vind AB completed the 68.4-MW Nylandsbergen wind farm in Sweden and closed its €78.5 million sale to Aquila Capital Investmentgesellschaft Mbh.
EC greenlights Engie, Mirova's joint purchase of 50-MW solar farm in Spain
French utility Engie SA and investment manager Mirova have received European Commission approval to jointly acquire an approximately 50-MW solar plant in Spain.
Macquarie's Green Investment Group in first Norwegian wind play
Macquarie Group Ltd.'s Green Investment Group Ltd. has acquired the 47-MW Tysvær onshore wind project in Norway from Spanish Power.
Eolus completes sale of 36-MW Swedish onshore wind project
Eolus Vind AB completed the sale of its 36-MW Sotterfallan wind farm in the Jonkoping municipality of Sweden to KGAL GmbH & Co. KG for an undisclosed amount.
BayWa acquires PowerHub to expand digital technology services
Baywa r.e. renewable energy GMBH has acquired PowerHub Corp. in a bid to extend the scope of its digital technology services in the renewable energy sector.
African M&A
Engie expands African off-grid solar presence with Mobisol deal
French utility Engie SA has agreed to acquire off-grid solar solutions provider Mobisol, in a deal that expands its home solar offering to three more countries in Africa. Financial terms of the transaction were not disclosed.
