European Commission could call in Macquarie bid for French developer
Australia’s Macquarie is leading a consortium that has reportedly tabled a €2.5 billion ($2.7 billion) bid for a clean energy business formed by French private equity houses InfraVia and Eurazeo.
Shell buys US solar and storage company Savion
The transaction, for which Shell did not reveal the purchase price, will see the energy company pick up a U.S. project development pipeline which reportedly runs to more than 18 GW of solar generation and energy storage capacity across 26 states.
Stake in Greece’s distribution grid sells for €2.1bn
The state-owned electric utility has agreed to sell 49% of its shares in the grid. The sale is expected to boost the country’s transition to a greener and smarter energy system.
Macquarie invests €90 million in CSP plants in Spain
Macquarie Asset Management announced a €90 million debt investment on Monday in a portfolio of concentrated solar power plants in southern Spain.
EDF, Macquarie secure 2.4 GW agrivoltaic project portfolio in France
The French utility and Macquarie’s unit Cero Generation have each acquired a 45% stake in France-based agrivoltaic specialist Green Lighthouse Development (GLHD).
Macquarie’s second renewable energy fund raises €1.6bn for large scale investment
Macquarie-owned Green Investment Group’s Renewable Energy Fund 2 has far exceeded its own expectations by raising over €1.6 billion in investment commitments for large scale solar and wind projects all over the world.
Macquarie sets up unit to build 8 GW solar project pipeline in Europe
Green Investment Group, owned by Macquarie, has launched Cero Generation, which will operate on a European scale and carry out both ground-mounted and commercial scale power generation projects. It will also provide integrated energy storage solutions.
New Siemens units lay marks in hydrogen generation, mobility and energy-as-a-service
With a flurry of recent announcements, the newly-launched power division of the electronics giant plans to drive hydrogen mobility in Germany and enter the commercial and industrial power market in the US.
UK developer reveals 1 GW, subsidy-free solar and storage pipeline
Enso Energy and the former U.K. national Green Investment Bank now owned by Australian investor Macquarie, have revealed plans to develop an extensive solar project portfolio across England and Wales that will reportedly include tracker and bifacial technology and will be financed by power purchase agreements.
Covid-19 weekly round-up: Residential systems in Italy will get a 110% tax rebate and UK consumers are being paid to turn appliances on as coronavirus turns the energy world upside down
Plus, Australia’s Greens want renewables front and center of the post Covid-19 economy and Mexican plant owners are overturning a politically-motivated ban on clean energy, however, Indian developer Acme solar says pandemic delays warrant it reneging on the terms of the record-low solar price agreement it signed.
