Matrix Renewables Acquires Stillhouse Solar Project from OCI Solar Power

The Rise Fund / Matrix Renewables Acquire 1GW of Solar PV Projects from Trina Solar

July 1, 2020

Renewable Energy

The Rise Fund (part of TPG) and newly created, Madrid-based Matrix Renewables have acquired approximately 1 GW of operational, under-construction, and near ready-to-build solar PV projects from Trina Solar. The assets—located across Spain, Chile, Colombia and Mexico—will form the initial portfolio of Matrix Renewables as TPG and The Rise Fund build a global renewable energy platform.

Hover Energy Acquires Shine Development Partners

December 7, 2022

Energy

Hover Energy has acquired Shine Development Partners to integrate solar, storage and project development capabilities into its Wind-Powered Microgrid offering. The acquisition brings Shine's project development, financing and operations experience in commercial and industrial solar and storage to support Hover's commercialization and global rollout of its microgrid technology.

Woodside Energy Acquires OCI's 1.1 Mtpa Clean Ammonia Project in Beaumont, Texas

August 5, 2024

Energy

Woodside Energy Group Ltd completed the acquisition of 100% of OCI Clean Ammonia Holding B.V., taking ownership of the 1.1 million tonne-per-annum Clean Ammonia project in Beaumont, Texas, for approximately USD 2.35 billion (cash-free, debt-free). OCI will continue to manage construction and commissioning through provisional acceptance; first ammonia is targeted in 2025 and lower‑carbon ammonia in 2026, with USD 1.88 billion paid at closing and the remaining USD 470 million payable at project completion.

T1 Energy Acquires Trina Solar's U.S. Manufacturing Assets

March 17, 2025

Energy

T1 Energy Inc. (formerly FREYR) acquired the U.S. solar manufacturing assets of Trina Solar Co., Ltd. for $621 million, including a 5 GW, 1.35 million sq. ft. module facility in Wilmer, Texas (now named G1 Dallas). The asset purchase was announced November 6, 2024 and closed December 24, 2024 as part of T1's strategy to build a vertically integrated U.S. solar and battery manufacturing supply chain.

ReNEW Manufacturing Solutions Acquires Stillwater Technologies (rebranded Stillwater Machining)

January 17, 2024

Manufacturing

ReNEW Manufacturing Solutions acquired Stillwater Technologies LLC, a 66-year-old precision machining and fabrication shop with AS9100 certification. The facility (70,000 sq ft, ~61 employees) will be added to ReNEW’s precision manufacturing platform and rebranded Stillwater Machining to expand capabilities and capacity across ReNEW’s U.S. network.

Solaris Energy Infrastructure Acquires Mobile Energy Rentals

July 9, 2024

Energy

Solaris Oilfield Infrastructure (renaming to Solaris Energy Infrastructure) has acquired Mobile Energy Rentals LLC for $200 million in a transaction that includes $60 million cash and ~16.5 million Solaris Class B shares issued to MER's founders and management. The deal expands Solaris' distributed power capabilities and end-market exposure (including oil & gas, data centers and C&I), adds a contracted mobile turbine fleet (153 MW today, expected to grow to 478 MW by Q3 2025) and is supported by new debt financing to fund fleet expansion.