Enerdatics’ Post

We are excited to announce the expansion of OWC #OnshoreRenewables in the 📍 USA, under the new direction of West-Coast based and leading consultant in #SolarPV and #EnergyStorage, Rubin S., taking on the new role of Managing Director for Onshore Renewables for the Americas. 🌎 📢 Read our PR announcement in full 👉🏼 https://lnkd.in/d_3akNJF "Rubin brings extensive experience in the US renewables market, coupled with technical expertise in Solar PV and energy storage. Added to our already established OWC presence in the market, this makes us a natural choice to support project developers, lenders, and investors in their transactions," comments Managing Director for OWC Onshore Renewables, Richard Abrams. Under Sidhu's leadership, OWC plans on the strategic growth of its already established operations in New York, USA, to a new West Coast office in time - taking OWC's #RenewableEnergyConsultancy expertise coast-to-coast. Sidhu brings a wealth of technical knowledge in supporting equity investments, mergers & acquisitions (M&A), and #TechnicalDueDiligence - to boost investment in the grid-scale development of renewables. "The industry is gaining momentum with support from the Inflation Reduction Act of 2022, but significant challenges remain as we deploy renewables at a scale needed to decarbonize the electric grid and meet net-zero targets. (...) I am looking forward to putting my own market experience into driving OWC's onshore renewables growth in the US and broader Americas." comments Rubin Sidhu, Managing Director Onshore Renewables, OWC Americas. Catch up with Sidhu and the rest of the OWC delegation to next week's #Cleanpower2024, 📍 Minneapolis, USA, 📅 6-9 May 👉🏼 https://lnkd.in/dZE6U6UY #TheRenewableEnergyConsultants #USCleanPower #SolarPV #BatteryEnergyStorageSystem #BESS #Grid #Electrification #EnergyTransition

Innovo Renewables S.p.A. Renewables is making big moves in the renewable energy sector! They just acquired 11 photovoltaic plants totalling 66 MW across Italy, with projects spanning Lombardy, Tuscany, Lazio, Abruzzo, and Puglia. 🌿💡 This acquisition aligns with their ambitious growth plans to reach 150 MW of acquired projects by mid-2025. Construction kicks off this summer, with operations starting as early as late 2025. Rodolfo Bigolin, the founder, surely has a clear vision for pushing boundaries in the renewable space. And let's not forget the €30 million investment from Aviva Investors, bringing their stake in Innovo Renewables S.p.A. Renewables to 45%. This capital will power their goal of becoming a leading independent power producer in Europe. Follow us for more insights and jobs https://lnkd.in/eGKXwgyv #RenewableEnergy #Photovoltaic #Sustainability

Statkraft Finalizes Acquisition of Elecnor’s Subsidiary Enerfin On November 17, 2023, Statkraft signed an agreement with the Spanish company Elecnor to acquire its renewables subsidiary, Enerfin. This transaction has now been finalized. The portfolio presents significant opportunities for repowering wind farms, hybridization, and battery storage. Additionally, the acquisition enhances market operations in both Spain and Brazil. As previously announced, Statkraft plans to divest the Enerfin portfolio in Canada, the US, Colombia, Australia, and Chile. This acquisition significantly enhances Statkraft’s scale and strengthens its position in Spain and Brazil. The deal adds a portfolio of 1.5 GW of wind and solar power projects, both operational and under construction, […] Read the full story here: https://lnkd.in/g-25cwZH #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #acquisition #enerfin #europe #renewableenergy #spain #statkraft

Neon sells Victorian portfolio to HMC capital for $950M 💲 Neoen sells its Victorian renewable assets and pipeline to HMC Capital for $950 million, following Brookfield's ACCC-approved acquisition of Neoen 🔋 The transaction covers 1.5GW of wind and 1.3GW of battery storage in development pipeline. 👷♂️ Neoen retains 3.7GW capacity elsewhere in Australia, aiming for 10GW by 2030 #renewableenergy #BESS #renewableinvestment

Innovo Renewables S.p.A. Renewables is making big moves in the renewable energy sector! They just acquired 11 photovoltaic plants totalling 66 MW across Italy, with projects spanning Lombardy, Tuscany, Lazio, Abruzzo, and Puglia. 🌿💡 This acquisition aligns with their ambitious growth plans to reach 150 MW of acquired projects by mid-2025. Construction kicks off this summer, with operations starting as early as late 2025. Rodolfo Bigolin, the founder, surely has a clear vision for pushing boundaries in the renewable space. And let's not forget the €30 million investment from Aviva Investors, bringing their stake in Innovo Renewables S.p.A. Renewables to 45%. This capital will power their goal of becoming a leading independent power producer in Europe. Follow us for more insights and jobs https://lnkd.in/eAG5dMTJ #RenewableEnergy #Photovoltaic #Sustainability

Another week, another strategic venture in the #energy sector as bp and JERA Co., Inc. bring together their #offshorewind portfolios to create a new standalone, autonomous company - JERA Nex bp. As with previous examples, this new strategic venture has been created to unlock performance and value from a portfolio of projects that would not have been achievable under the previous structure. For bp, this is the latest effort to restructure the renewables business, following moves to exit onshore wind, and consolidate its investment in the Lightsource bp solar venture. For more on the rationale behind these strategic ventures, or to read more of our perspectives on the deal, Wood Mackenzie subscribers to our Corporate Strategy & Analytics Service can check out our latest #inform - get in touch for more details on how to access

++ GoldenPeaks Capital Expands Polish Solar Portfolio with 400MW Acquisition ++ GoldenPeaks Capital has strengthened its commitment to Poland's solar energy market by acquiring 400MW of ready-to-build ("RtB") assets between December 2024 and January 2025. This latest acquisition reinforces GoldenPeaks Capital 's position as one of Europe’s fastest-growing independent green power producers and a leading photovoltaic system owner in Poland and Hungary. Most of the newly acquired solar sites are located in the western and northwestern regions in Poland, while the rest is spreading to all parts of the country and representing a mix of sizes of up to 58 MW. Adriano Agosti, Founder and President of GoldenPeaks Capital, remarked, “These further acquisitions confirm our firm base of execution, with the aim of exceeding 1GW of solar projects in Poland in 2025.” GoldenPeaks Capital, with a robust internal pipeline of 1.7GW and plans to add an additional 300MW RtB in Poland by the end of Q1 2025, continues to drive forward Europe's transition to sustainable energy. #GoldenPeaksCapital #RenewableEnergy #Poland #SolarPower #Sustainability #EnergyTransition

NTPC Green—the renewables unit of state-run NTPC—debuted on the bourses today, opening at Rs 111 apiece—a ≈3% premium over its IPO price. NTPC is enjoying the renewables party. But the music has stopped as investors' love affair with coal-fired power plants is back on track. What does this mean for NTPC Green and the renewables sector? Seetharaman G explored in a recent edition of our premium newsletter, Long and Short. ------ #TheKen #NTPC #StockMarket #StockMarketNews

Europe M&A: PE Firms are Dominating Acquisitions of Renewables Developers, at Attractive EV/EBITDA Multiples 💡$1.5bn Acquisition: Private Equity (PE) investment powerhouse EQT Group acquired 100% of Sweden-based solar and wind developer OX2 for an enterprise value of $1.5bn, in a take-private deal. The purchase involves a 34 GW pipeline of early-stage and under-construction solar, onshore wind, offshore wind and battery projects across Sweden, Finland, Estonia, Lithuania, Poland, Romania, France, Spain, Italy, Greece, and Aland. 📈 19X EBITDA Multiple: The deal represented an EV/Last-Twelve-Months (LTM) EBITDA multiple of 19X, which is at the higher end of the valuation range observed for recent PE-led acquisitions in Europe. Enerdatics notes that the partnership between a PE firm and an established developer leads to an alliance that is well capitalized to progress a GW-scale pipeline, while simultaneously adopting a more integrated operating model with opportunities to tap additional income streams across the project development value chain 🔄 Emergence of Take-Private Deals: An Associate Director at Warburg Research recently commented: “As long as markets are concerned about possible short-term obstacles for renewables stocks, private equity investors will take the opportunity to take them private and maintain a buy-and-build strategy. The main difference should be the time perspective. Whilst markets tend to overvalue short-term triggers (i.e. 3-9 months), [private equity firms] usually have a longer time horizon and no mark-to-market valuation at any day a year. That somewhat fits the renewables industry, which is caught in very long investment/lifetime cycles due to its underlying assets." #energy #alternativeenergy #renewableenergy #energytransition #enerdatics For more updates, please follow us at Enerdatics. PS: The above analysis is proprietary to Enerdatics’ energy analytics team, based on the current understanding of the available data. The information is subject to change and should not be taken to constitute professional advice or a recommendation.

🌊 Bioluminescence Issue #10 🌊 This week's highlights: -Ocean Energy USA LLC deploys wave energy converter buoy. -Spotlight on Seagreen Project, the offshore wind farm owned by SSE plc, TotalEnergies and PTTEP. -Equitix and Capital Energy expand their strategic partnership. -Bluefield Partners LLP announce trio of solar acquisitions. -Regulators approve multibillion subsea cable project. -Greencoat Renewables PLC announce EnergyPro as asset managers for two Irish windfarms. -Ben Mackie of Hawksmoor Investment Management discusses the value of Investment Trusts. -Impax Environmental Markets plc announce half-yearly results. Download the PDF for access to links. Stay tuned for the next round-up! #BlueEconomy #GreenEconomy #SustainableFinance #ClimateFinance Disclaimers: The views and opinions expressed in this post are those of the original news sources and do not necessarily reflect the official policy or position of Sustainability & Finance Ltd. The provided links are for informational purposes only and do not imply any endorsement or affiliation