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Acquisitions

Nova Infrastructure acquires community solar company UGE International

The middle-market investment firm agreed to acquire approximately 70% of UGE shares.

CleanCapital acquires 13 MW brownfield portfolio

The two projects include Steel Sun II, located on the former Bethlehem Steel site on Buffalo’s waterfront and the Homeridae project, one of two solar arrays in Olean sited on a former oil refinery and tank farm.

Jera Nex acquires U.S. solar sites from Lightsource bp

Jera Nex has purchased two US solar arrays totaling 395 MW from Lightsource bp. The acquisition marks Jera Nex’s first deal since it launched in April. Lightsource bp will continue to manage assets and provide maintenance services at the projects.

Sunrise brief: Goldman Sachs invests $440 million in renewable independent power producer

Also on the rise: Global energy spending is set to surpass $3 trillion for the first time this year. Generac acquires microgrid controller specialist Ageto. And more.

Generac acquires microgrid controller specialist Ageto

The company previously known for generators and battery backup systems, moves further into the C&I market with the acquisition of Ageto.

Sunrise brief: Hail risk may bring financial instability to solar projects

Also on the rise: The evolving art and science of agrivoltaics. Renewables “cheaper and faster” than methane, says nation’s largest utility. And more.

Acquisition of Avantus complete

KKR, a leading global investment firm, acquired the utility-scale solar and storage developer and closed a $522 million development facility to advance Avantus’ pipeline.

With acquisition of Lyra, Aurora adds automated permitting to its toolbox

Lyra provides permit packaging software that automates permit-ready solar designs.

Sunrise brief: California approves 525 MWac of solar and 320 MW of geothermal

Also on the rise: Global solar installations to nearly quadruple by 2033. Vineyard installs solar to keep distillery warehouse cool. And more.

Aggreko Energy acquires C&I solar developer

With the acquisition of Infiniti Energy, Aggreko expands its commercial and industrial development portfolio.

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