AGL Energy Limited is set to acquire Firm Power and Terrain Solar for $ 250 million, significantly enhancing its renewable energy portfolio. This strategic acquisition will add an 8.1 GW development pipeline to AGL’s assets, comprising 6.1 GW of grid-scale Battery Energy Storage System (BESS) projects, 1.8 GW of solar projects, and a 250 MW onshore wind project. The transaction is expected to close in 2024, pending customary conditions.
AGL expands with Firm Power, Terrain Solar acquisition
AGL Energy expands its portfolio with a $250 million acquisition of BESS and solar projects. (Photo Credit: Pixabay)
GPG’s $2.3 billion Australian financing strengthens its 1 GW renewable portfolio with 360 MW under construction and 510 MW ready. (Image Credit/Source:Pixabay/Pexels)
TSE secures €65M from Eiffel Investment Group to fund 800 MW solar projects, powering 450,000 homes annually. (Image Source: TSE)
Catalina Energy advises on a $130 million raise and 500 MW portfolio sale, with 4 GW pipeline planned for 2024. (Image Credit/Source: BlazeJosh/Pixabay)
The €3.2 billion TERNA ENERGY deal is the largest energy transaction in Athens Stock Exchange history. (Image Source: TERNA ENERGY)