SPIE acquires majority stake in MBG Energy
Europe’s top multi-technical services provider SPIE has acquired 75% of MBG energy, specializing in PV roll-out services. Learn more about the acquisition.
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Starlight Energy enhances UK operations with acquisition
With the acquisition of Intelligent Alternatives, NextEnergy subsidiary Starlight Energy has enhanced its capabilities in the UK. More on this development here.
Eagle Creek acquires Lightstar Renewables
Greenfield developer Lightstar has been acquired by an affiliate of Eagle Creek Renewable Energy. Learn more about the acquisition here.
FSG expands solar services through Greenleaf integration
Facility Solutions Group acquires Greenleaf Energy Solutions, elevating FSG’s solar capabilities for North American clients. See more on the story here.
Cubico expands portfolio with Peel Cubico Renewables acquisition
Cubico Sustainable Investments has successfully acquired Peel NRE’s 50% stake in Peel Cubico Renewables Ltd, bolstering its position in UK renewable energy. The deal includes the integration of Peel NRE’s renewables development team and the joint venture’s onshore wind and solar PV projects. With a capacity exceeding 350 MW and a 1.7 GW feasibility pipeline,…
Elkem ASA expands portfolio with REC Solar Norway acquisition
Elkem ASA is set to acquire REC Solar Norway AS from Reliance Industries, gaining control of industrial areas in Kristiansand and Herøya.
Encavis AG expands solar portfolio with Pozzolo acquisition
Encavis AG, based in Hamburg, has acquired the 30 MW Pozzolo solar park project in Piemont, Northern Italy. With an annual output of approximately 42 GWh, the park will connect to the grid in Q2 2025. A 10-year PPA, based on 75% of the park’s capacity, secures revenue with a pay-as-produced structure. Stern Energy will…
Bravo LLC expands portfolio with Quest acquisition
Bravo LLC acquires Quest Renewables, a solar canopy solutions leader. Quest, established in 2014 with US Department of Energy and Georgia Tech Research Institute support, boasts patented racking design. Supported by the Georgia Research Alliance, Quest has deployed over 17 megawatts across the US, offering the industry’s most efficient and safe solar canopy solutions.
Voltalia enters Dutch PV market with Mosselbanken acquisition
Voltalia has acquired a 55% stake in the 60 MW Mosselbanken solar plant in the Netherlands. The plant, located in Zeeland, benefits from a 15-year PPA and helps avoid 17,000 tons of CO2 annually. This marks Voltalia’s first foray into power generation in the Netherlands, reinforcing its role as a service provider in the country’s…
bp acquires Lightsource bp to accelerate sustainable growth
bp plans to fully acquire Lightsource bp, leveraging its capital-light model and bp’s financial and trading expertise to drive double-digit equity returns. The integration supports bp’s growth in hydrogen, EV charging, biofuels, and power trading. The acquisition is structured competitively, emphasizing performance, and may involve bringing in a strategic partner in the future.