Globeleq to Acquire 51% Stake in Lunsemfwa Hydro Power Company (Zambia)

FirstLight Power Acquires Hydroméga Services Inc.

September 13, 2023

Energy

FirstLight Power has signed an agreement to acquire Hydroméga Services Inc., adding ownership interests in ten operating hydroelectric stations across Québec and Northeastern Ontario and a development pipeline of over 2 GW of wind, solar, storage, and hydro projects. The deal expands FirstLight's North American development pipeline to ~4 GW and increases its operating capacity in Québec and Ontario; the transaction was expected to close in Q4 2023 and remains subject to customary closing conditions.

TotalEnergies Acquires 50% Stake in EPH’s Flexible Power Platform

November 17, 2025

Energy

TotalEnergies has signed an all-stock transaction with Energetický a průmyslový holding (EPH) to acquire a 50% stake in EPH’s flexible power generation platform valued at €10.6 billion. The resulting 50/50 joint venture includes gas-fired, biomass, and battery assets across Italy, the United Kingdom, Ireland, the Netherlands, and France, supporting TotalEnergies’ “Integrated Power” strategy and gas-to-power integration.

Macquarie Asset Management Acquires 50% of Enel Green Power Hellas

December 29, 2023

Renewable Energy

Macquarie Asset Management, on behalf of co-investors and managed funds, has acquired a 50% stake in Enel Green Power Hellas from Enel Group for approximately €250 million. The deal covers a 566 MW portfolio of onshore wind, solar and hydropower projects in operation or under construction in Greece and establishes a joint venture to accelerate development, storage and hybrid solutions across the company's pipeline.

LS Power Completes Acquisition of Algonquin Power & Utilities’ Renewable Energy Business (Ex-Hydro)

January 8, 2025

Renewable Energy

LS Power completed its acquisition of Algonquin Power & Utilities Corp.'s renewable energy business (excluding hydro) for up to $2.5 billion. The deal adds operating wind and solar assets and expands LS Power’s renewable pipeline, with Clearlight Energy formed to manage the acquired operating assets and REV Renewables taking additional U.S. development projects.

Legrand to Acquire a Majority Stake in Cogelec

July 9, 2025

IT Services

Legrand France, a subsidiary of Legrand, has signed an agreement to acquire all shares of Cogelec Développement, which indirectly holds 60.09% of Cogelec’s share capital and 78.39% of voting rights. If completed, Legrand will launch a mandatory simplified tender offer for the remaining Cogelec shares at €29 per share, with potential squeeze-out thereafter.

Ardian Acquires Peru-based Hydropower Company

December 18, 2023

Renewable Energy

Ardian, through its Ardian Clean Energy Evergreen Fund (ACEEF), has acquired 100% of a Peru-based hydropower company from funds managed by BTG Pactual, Patria Investments and GMR Holding B.V. The acquired portfolio comprises six run-of-river hydroelectric plants with total capacity of 73.4 MW and government-awarded, US dollar–denominated contracts; the deal adds technological diversification and strengthens ACEEF's renewable energy presence in Latin America.