Ørsted gains Equinor as a major renewable energy investor
Equinor becomes Ørsted’s second-largest shareholder after a significant investment in the Danish energy company. Learn more about the partnership here.
Business Bytes
Zelestra acquires majority stake in East Energy GmbH
The acquisition of East Energy gives Zelestra control of major projects across solar, wind, and battery storage. Read more details here.
IFC lends €500M to ENGIE to develop 1.7 GW renewables
ENGIE has secured a €500 million green loan from IFC to accelerate its renewable energy efforts. More about this green financing and its impact here.
Enel X North America divests Enel X Storage to Calibrant Energy
Calibrant Energy has acquired Enel DES, adding battery storage and solar assets. See how this strengthens Calibrant’s clean energy offerings here.
Goldman Sachs supports BrightNight with $440 million equity investment
BrightNight has received a $440 million strategic investment from Goldman Sachs Alternatives. See how this supports BrightNight’s US project portfolio here.
Gambia invites IPP bids for 50 MW solar park
Interested parties can apply for Gambia’s 50 MW solar power park project in Soma by November 14, 2024. Click here for more details on the tender.
EBRD commits €100 million to Green Genius’ transition
Green Genius has received a €100 million equity investment from EBRD. See how it intends to use this investment here.
UK Solar farm secures long-term PPA
NextEnergy Capital and NextPower UK ESG has signed a 20-year sleeved PPA for the Llanwern Solar Farm. More details on this PPA here.
Robison Energy joins Catalyst Power’s clean energy portfolio
Catalyst Power has acquired Robison Energy to expand its customer base in Putnam and Westchester Counties, enhancing its presence in the New York energy market. More about the acquisition here.
BlackRock completes $500M investment in Recurrent Energy
With the completion of the $500 million investment, BlackRock has picked up a 20% stake in Recurrent Energy. Read more about the partnership here.