trending Market Intelligence /marketintelligence/en/news-insights/trending/sB3X2QZLGj0Nwtvd_rmBgA2 content esgSubNav
In This List

Avangrid, PPL in talks for a possible merger; Sempra to sell Chilean businesses


Despite turmoil, project finance remains keen on offshore wind

Case Study

An Energy Company Assesses Datacenter Demand for Renewable Energy


Japan M&A By the Numbers: Q4 2023


See the Big Picture: Energy Transition in 2024

Avangrid, PPL in talks for a possible merger; Sempra to sell Chilean businesses

U.S. and Canada

Avangrid, PPL merger would be one of the largest utility mergers this year

Avangrid Inc. and PPL Corp. are reportedly considering a merger that would be by far the year's largest in the utility sector, in a deal valued at more than $67 billion including debt.

JEA narrows applicant pool to 9 in solicitation for new ownership structures

JEA has whittled its list of applicants for new business strategy proposals down to nine companies, bringing the Jacksonville, Fla., utility one step closer to picking a suitor to overhaul its business.

Pattern Energy to acquire interests in 2 operational wind farms

Pattern Energy Group Inc. agreed to acquire interests in two operational wind farms for US$293 million, plus the assumption of the related project finance loans.

US Solar Fund agrees to acquire 39-MW NC solar portfolio

US Solar Fund PLC has entered an agreement to acquire a utility-scale solar portfolio in the U.S. with a combined capacity of 39 MWdc from Greenbacker Renewable Energy.

GenOn aims to purchase lease interests in 2 Md. coal-fired plants

NRG Energy Inc. subsidiary GenOn Holdings Inc. is seeking permission from the Federal Energy Regulatory Commission for a transaction in which subsidiary GenOn Mid Atlantic will purchase and terminate lease interests in two coal-fired power plants that it owns.

EDP Renewables asks FERC to approve joint venture to own Ind. wind farm

EDP Renewables North America LLC sought FERC authorization to transfer 100% of its membership interests in the 102-MW Rosewater wind farm in Indiana to a new joint venture. EDP Renewables North America is a subsidiary of EDP - Energias de Portugal SA.


Senvion, Siemens Gamesa to announce deal over asset sale imminently

Troubled German turbine maker Senvion SA will announce the sale of key parts of its business to Siemens Gamesa Renewable Energy SA in the coming days, website Recharge reported Oct. 9, citing an internal email from Senvion CEO Yves Rannou.

Morgan Stanley plots public takeover of German wind developer PNE

Morgan Stanley Infrastructure Partners, a subsidiary of investment bank Morgan Stanley, made a takeover offer for PNE AG in a move that would make it the sole owner of the German wind developer.

Ørsted to sell transmission assets of UK wind farm

Ørsted A/S and other owners of the 573-MW Race Bank Offshore wind farm in the U.K. agreed to sell the transmission assets associated with the wind facility to Diamond Transmission Partners, a 50/50 partnership between Diamond Transmission Corp. Ltd. and HICL Infrastructure PLC.

Greencoat UK Wind to purchase 48.5-MW wind farm from Innogy

Renewable infrastructure fund Greencoat UK Wind PLC agreed to acquire the 48.5-MW Glen Kyllachy wind farm from Innogy Renewables UK Ltd. for a headline consideration of £57.5 million, it said in an Oct. 10 news release.

ReneSola to sell 14-MW Hungarian solar portfolio to Obton

Shanghai-headquartered ReneSola Ltd. agreed to sell a portfolio of small-scale solar projects in Hungary with a combined capacity of 13.9 MW to Denmark's Obton A/S.

Eneco eMobility acquires German EV charging provider

Dutch electric vehicle charging provider Eneco eMobility BV is expanding further into the European market with the acquisition of ChargeIT Mobility GmbH.

Latin America

Sempra to sell Chilean assets to China's State Grid International for $2.23B

Sempra Energy agreed to sell its equity interests in its Chilean businesses to State Grid Corp. of China subsidiary State Grid International Development Co. Ltd. for $2.23 billion in cash, subject to adjustments for working capital and net indebtedness and other adjustments.