Tracked deals
296
296 tracked deals across 2015-2026.
Top Renewable Energy Acquirers (2015-2026)
Buyer mix
Mixed buyer set
190 strategic · 188 pe
Top trend
Volume peaked in 2024
61 tracked deals announced in 2024.
Primary Insight
What Stands Out
- Platform and portfolio expansion features prominently, including Qualitas Energy acquiring Cero Generation’s 5.8 GW European solar + battery energy storage platform.
- Buyers also focus on manufacturing scale and production know-how, such as FH Capital taking a controlling stake in JinkoSolar (U.S.) Industries (2 GW modules) and Inox Clean Energy acquiring Boviet Solar Technology (3 GW operational capacity plus additional cell manufacturing agreement).
- Vertical integration appears in multiple deal types: QE Solar expanding solar + BESS O&M capabilities, and SOLV Energy acquiring an electrical contractor to internalize substation and interconnection work.
- Technology and IP acquisitions continue, including Tandem PV acquiring nexTC Corporation for thin-film coating process expertise, and Viably LLC bringing organics processing technology into its waste and recycling solutions platform.
- Geographic footprint spans United Kingdom, Ireland, Denmark, Colombia, and U.S. markets such as Arizona, California, Florida, Maryland, North Carolina, and Oregon.
Build a buyer list for your Renewable Energy deal
Find buyers actively acquiring renewable energy companies.
Find buyers like these for your dealBuyer Snapshot
Top Buyers
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| Antin Infrastructure Partners | 4 | Infrastructure-focused private equity firm investing acro... | PE |
| Ara Partners | 4 | Private equity and infrastructure firm focused on industr... | PE |
| Brookfield Asset Management | 4 | Global alternative asset manager with large investments i... | PE |
| Macquarie Asset Management | 4 | Global asset manager and investor with a specialist Green... | PE |
| KKR | 3 | Global alternative asset manager investing across private... | PE |
| NovaSource Power Services | 3 | Global solar operations & maintenance (O&M) services prov... | Strategic (PE-backed) |
| SCF Partners | 3 | Energy-focused private equity firm providing equity capit... | PE |
| Standard Solar | 3 | Commercial and community solar developer, funder and long... | Strategic (PE-backed) |
| 424 Capital | 2 | Lower middle market private equity firm focused on health... | PE |
| Arcadia | 2 | Climate technology company and energy platform that manag... | Strategic |
Acquisition Volume in Renewable Energy by Year
Last 10 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
October 7, 2026
- Buyer
- Pacolet Milliken, LLC, Manulife
- Target
- Georgia Renewable Power (GRP)
- Industry
- Renewable Energy
- Location
- Georgia, United States
- Type
- Buyout
Pacolet Milliken acquired 100% of Georgia Renewable Power (GRP), which owns two biomass power plants in northeast Georgia. The acquisition expands Pacolet’s biomass platform and was financed by Manulife; the transaction terms were not disclosed.
-
September 21, 2026
- Buyer
- Vanguard Renewables
- Target
- Generate Upcycle (five North American facilities)
- Seller
- Generate Capital
- Industry
- Renewable Energy
- Location
- Ontario, Canada
- Type
- Buyout
Generate Capital announced the sale of its Generate Upcycle platform in two separate transactions. Vanguard Renewables signed an agreement to acquire Upcycle’s five North American facilities in Ontario, Canada and upstate New York, expected to close October 1, 2026.
-
September 21, 2026
- Buyer
- Pinta Energy
- Target
- Generate Upcycle (seven UK facilities)
- Seller
- Generate Capital
- Industry
- Renewable Energy
- Location
- United Kingdom
- Type
- Buyout
Generate Capital announced the 100% sale of its global anaerobic digestion platform, Generate Upcycle, via two separate transactions. Pinta Energy acquired Upcycle’s seven UK facilities.
-
September 16, 2026
- Buyer
- NOVVA Group
- Target
- ABO Energy's renewable energy project portfolio in Argentina (3.17 GW)
- Seller
- ABO Energy
- Industry
- Renewable Energy
- Location
- Argentina
- Type
- Buyout
NOVVA Group signed a binding framework agreement to acquire a portfolio of renewable energy (OZE) projects in Argentina totaling 3.17 GW from ABO Energy. The deal is intended to strengthen NOVVA’s AI-era energy infrastructure footprint in Latin America and support clean power supply needs for data centers.
-
September 15, 2026
- Buyer
- Algorhythm Holdings, Inc.
- Target
- Azure Energy, LLC
- Industry
- Renewable Energy
- Location
- North Carolina, United States
- Type
- Buyout
Algorhythm Holdings, Inc. completed its acquisition of Azure Energy, LLC, a renewable biomass power plant developer based in Charlotte, North Carolina. The transaction was structured as an asset purchase for total consideration of approximately $23 million, using a mix of Algorhythm common stock and newly issued preferred stock convertible into common stock after shareholder approval.
-
September 8, 2026
- Buyer
- Qualitas Energy
- Target
- Cero Generation
- Seller
- Macquarie Group
- Industry
- Renewable Energy
- Location
- United Kingdom
- Type
- Buyout
Qualitas Energy has signed a definitive agreement to acquire Cero Generation’s core European renewable energy platform from Macquarie Group. The deal adds a 5.8 GW portfolio of solar photovoltaic and battery energy storage projects across the United Kingdom, Italy, and Spain, including over 2 GW of operating/under-construction/ready-to-build assets.
-
August 3, 2026
- Buyer
- Tandem PV
- Target
- nexTC Corporation
- Industry
- Renewable Energy
- Location
- Oregon, United States
- Type
- Buyout
Tandem PV, a developer and manufacturer of high-efficiency perovskite-silicon solar panels, acquired nexTC Corporation to bring its advanced thin-film metal oxide coating technology in-house. The acquisition adds nexTC’s coating process expertise, intellectual property, and technical talent as Tandem PV ramps its Fremont demonstration factory toward commercial-scale production.
-
June 16, 2026
- Buyer
- Create Energy
- Target
- SOL Components
- Seller
- Kloeckner Metals
- Industry
- Renewable Energy
- Location
- California, United States
- Type
- Buyout
Renewable energy infrastructure supplier Create Energy is acquiring solar racking and tracker manufacturer SOL Components from Klöckner Metals. The deal will make SOL Components available through Create Energy’s ONTRACK platform, which supports project design, management, and packaged solar product purchasing.
-
- Buyer
- QE Solar LLC
- Target
- Operations & Maintenance division of Vanguard Energy Partners
- Seller
- Vanguard Energy Partners
- Industry
- Renewable Energy
- Location
- Arizona, United States
- Type
- Addon
QE Solar announced the acquisition of Vanguard Energy Partners’ Operations & Maintenance (O&M) division. The deal expands QE Solar’s national renewable energy services platform, strengthening O&M capabilities for utility-scale and commercial solar and battery energy storage systems (BESS) across the United States.
-
May 20, 2026
- Buyer
- Ecopetrol S.A.
- Target
- JK1 wind project, JK2 wind project, Jemeiwaa Ka'I wind cluster (49% interest in JK1 and JK2 portion)
- Seller
- AES Colombia & CIA SCA E.S.P.
- Industry
- Renewable Energy
- Location
- La Guajira, Colombia
- Type
- Addon
Ecopetrol S.A. announced that, under an investment framework agreement with AES Colombia & CIA SCA E.S.P., the conditions precedent for acquiring a 49% interest in two wind projects—JK1 and JK2—within the Jemeiwaa Ka'I wind cluster have been fulfilled. The JK1 and JK2 projects are located in La Guajira, have an aggregate acquisition value of approximately USD 25.5 million, and are expected to total 259 MW of capacity.
-
- Buyer
- FH Capital
- Target
- Jinko Solar (U.S.) Industries Inc.
- Seller
- JinkoSolar Holding Co., Ltd.
- Industry
- Renewable Energy
- Location
- Florida, United States
- Type
- Buyout
FH Capital entered into a definitive agreement to acquire a 75.1% majority stake in Jinko Solar (U.S.) Industries Inc., JinkoSolar’s U.S. subsidiary, for a controlling ownership position. The deal covers JinkoSolar’s 2 GW solar module manufacturing facility and its growing battery energy storage systems (BESS) business; JinkoSolar will retain a 24.9% minority stake.
-
May 4, 2026
- Buyer
- SOLV Energy
- Target
- Roberson Waite Electric
- Industry
- Renewable Energy
- Location
- California, United States
- Type
- Buyout
SOLV Energy, a utility-scale solar and storage developer, finalized the acquisition of Roberson Waite Electric, a California electrical contractor specializing in high-voltage substation construction and utility infrastructure. The deal is intended to internalize critical grid interconnection capabilities to improve control over costs and timelines and better serve growing demand from utility-scale projects, including AI-driven data center power needs.
-
- Buyer
- Blackstone Infrastructure
- Target
- Eurowind Energy
- Seller
- Norlys
- Industry
- Renewable Energy
- Location
- Denmark
- Type
- Growth capital
Blackstone Infrastructure has entered into a definitive agreement to invest up to €2 billion in Eurowind Energy, a pan-European renewables developer and independent power producer headquartered in Hobro, Denmark. The investment is expected to accelerate Eurowind’s development activities across onshore wind, solar, battery storage, and biogas, with an expected closing before the end of 2026, subject to customary conditions.
-
- Buyer
- Inox Clean Energy, Inox Solar Americas
- Target
- Boviet Solar Technology (North Carolina), Boviet Solar Technology
- Seller
- Ningbo Boway Alloy Material
- Industry
- Renewable Energy
- Location
- North Carolina, United States
- Type
- Buyout
Inox Clean Energy, through its wholly owned subsidiary Inox Solar Americas, acquired 100% of Boviet Solar Technology (North Carolina) for about US$750 million. The deal adds 3 GW of operational US solar module manufacturing capacity in Greenville, North Carolina, and includes a binding agreement for an additional 3 GW of solar cell manufacturing expected to be operational by December 2026.
-
March 6, 2026
- Buyer
- KKR & Co. Inc., KKR
- Target
- SK Eternix
- Seller
- SK Discovery Co., Ltd., Hahn & Company
- Industry
- Renewable Energy
- Location
- South Korea
- Type
- Growth capital
KKR will acquire an ownership stake in South Korea’s renewable energy firm SK Eternix in a climate/energy-focused investment. The deal is described as a purchase of a significant minority stake (reported as 43.5%) valued at KRW 348 billion (about $235 million).
-
- Buyer
- Standard Solar, Inc.
- Target
- AC Power's six-project community solar portfolio (28.8 MW in New Jersey and Illinois)
- Seller
- AC Power
- Industry
- Renewable Energy
- Location
- Maryland, United States
- Type
- Buyout
Standard Solar acquired a six-project, 28.8 MW community solar portfolio in New Jersey and Illinois from AC Power. The projects are sited on closed landfills and brownfield parcels and are expected to transition previously disturbed sites into long-term community energy assets.
-
- Buyer
- Northview Energy
- Target
- Northview Energy (seed portfolio of contracted operating renewable assets: 22 utility-scale solar and onshore wind assets across six power markets)
- Seller
- Deriva Energy, Scout Clean Energy, Urban Grid
- Industry
- Renewable Energy
- Location
- British Columbia, Canada
- Type
- Buyout
BCI, Norges Bank Investment Management, and Brookfield announced the launch of Northview Energy, a privately held renewable energy platform. Northview will initially acquire a seed portfolio of 22 contracted, operating utility-scale solar and onshore wind assets (about 2.3 GW) from Brookfield-managed renewable energy companies and has a framework to pursue additional renewable asset acquisitions in the U.S. and Canada.
-
March 2, 2026
- Buyer
- Nuveen Energy Infrastructure Credit (via EPIC II fund)
- Target
- EverWind
- Industry
- Renewable Energy
- Location
- Nova Scotia, Canada
- Type
- Growth capital
EverWind announced a US$175 million strategic investment from Nuveen Energy Infrastructure Credit to advance construction of its 650+ MW onshore wind portfolio and support delivery of the Point Tupper Green Fuels Project in Nova Scotia. The funding marks a transition from development to construction for an integrated renewables-to-green-fuels platform connecting wind generation to long-term green hydrogen and ammonia demand.
-
February 25, 2026
- Buyer
- MacLean-Fogg
- Target
- OMCO Solar
- Industry
- Renewable Energy
- Location
- Arizona, United States
- Type
- Buyout
MacLean-Fogg, a family-owned U.S. manufacturing enterprise, has acquired OMCO Solar, a factory-direct manufacturer of solar trackers and fixed-tilt solutions. OMCO Solar will continue to operate as a distinct brand within the MacLean-Fogg family, retaining its leadership team.
-
- Buyer
- GameChange Energy Technologies
- Target
- Terrasmart eBOS (Electrical Balance of Systems division)
- Seller
- Terrasmart, Gibraltar Industries
- Industry
- Renewable Energy
- Location
- Michigan, United States
- Type
- Divestiture
GameChange Energy Technologies has acquired the Electrical Balance of Systems (eBOS) division from Terrasmart, a subsidiary of Gibraltar Industries, adding the eBOS product line and a U.S. manufacturing facility in Grand Rapids, Michigan to its platform. The acquisition expands GameChange’s module-to-grid capabilities for utility-scale solar projects by integrating pre-engineered and prefabricated electrical systems and the eBOS team into its tracker, racking, transformer, and grid-equipment offerings.
-
February 23, 2026
- Buyer
- Callaway Capital Management, LLC
- Target
- Revolve Renewable Power Corp.
- Industry
- Renewable Energy
- Location
- Canada
- Type
- Growth capital
Callaway Capital Management completed the initial closing of a $10 million advance (Tranche A) under a secured convertible credit agreement providing up to $40 million in financing to Revolve Renewable Power. The credit is structured in two tranches and includes lender-convertible terms into Revolve common shares, along with investor rights such as board nomination rights.
-
February 9, 2026
- Buyer
- ERA Partners LLC
- Target
- GeoTility Systems Corp.
- Industry
- Renewable Energy
- Location
- British Columbia, Canada
- Type
- Buyout
ERA Partners LLC announced a majority equity investment in GeoTility Systems Corp., a Kelowna, British Columbia–based geoexchange utility provider that offers heating-and-cooling-as-a-service (HCaaS) and full design-build geoexchange solutions. The investment is intended to accelerate GeoTility’s expansion across Canada and the United States, scaling its portfolio (more than 1,000 HCaaS systems) and expanding deployments to residential, multi-family, commercial, and industrial real estate.
-
December 17, 2025
- Buyer
- The Awareness Group (TAG)
- Target
- Prosper Energy
- Industry
- Renewable Energy
- Location
- Texas, United States
- Type
- Buyout
The Awareness Group (TAG) has completed the acquisition of Prosper Energy, a solar EPC and sales organization with operations across 42 states. The deal adds national installation and sales capabilities to TAG's TAG GRID financing platform to accelerate deployments and improve project velocity; financial terms were not disclosed.
-
December 10, 2025
- Buyer
- EQT Foundation
- Target
- Overview Energy
- Industry
- Renewable Energy
- Location
- Virginia, United States
- Type
- Growth capital
EQT Foundation has made a catalytic growth-stage investment in Overview Energy, a Virginia-based deep tech company developing satellites to beam solar energy from space to Earth. The funding will support Overview's path toward commercial deployment of its continuous space-based solar power beaming technology and help scale its technology for utility, data center and resilience markets.
-
December 1, 2025
- Buyer
- CVC DIF, DIF Infrastructure VIII
- Target
- Low Carbon
- Industry
- Renewable Energy
- Location
- United Kingdom
- Type
- Growth capital
Low Carbon, an independent power producer focused on renewable energy, has secured a landmark investment from CVC DIF. The deal (expected to close in Q4 2025) will provide committed capital to help Low Carbon expand its installed capacity across the UK and key European markets, including Germany and Poland, with CVC DIF taking a majority controlling stake.
-
November 13, 2025
- Buyer
- Ecopetrol S.A.
- Target
- Statkraft's Enerfín Colombia entities (one developer/operator company + six solar project SPVs, ~0.6 GW)
- Seller
- Statkraft European Wind and Solar Holding AS, Enerfín Sociedad de Energía S.L.U, Enerfin Enervento Exterior S.L.
- Industry
- Renewable Energy
- Location
- Colombia
- Type
- Buyout
Ecopetrol S.A. closed its acquisition from Statkraft on November 13, 2025 of one developer/operator company and six special-purpose entities owning ~0.6 GW of solar projects in Colombia for USD 157.5 million. The deal (part of a broader asset purchase agreement to acquire up to ten companies) furthers Ecopetrol’s energy transition strategy and will supply low-emission generation for the Group’s self-consumption while integration into Ecopetrol begins.
-
November 5, 2025
- Buyer
- Ares Management, Ares Alternative Credit funds (Ares Management)
- Target
- Plenitude
- Seller
- Eni
- Industry
- Renewable Energy
- Location
- Lombardy, Italy
- Type
- Growth capital
Ares Management, via its Ares Alternative Credit funds and affiliated vehicles, acquired a 20% stake in Plenitude from Eni for €2 billion, valuing the renewable energy and energy solutions company at over €12 billion. The investment will strengthen Plenitude’s shareholder base and support the company’s growth in renewable generation, energy retailing and electrification services as it pursues a target of 10 GW of capacity by 2028.
-
October 15, 2025
- Buyer
- Quinbrook Infrastructure Partners
- Target
- Elemental Clean Fuels
- Seller
- Founders of Elemental Clean Fuels, Piney Point Capital
- Industry
- Renewable Energy
- Location
- British Columbia, Canada
- Type
- Buyout
Quinbrook Infrastructure Partners has acquired a strategic majority ownership stake in Elemental Clean Fuels (ECF), marking Quinbrook’s first investment in Canada and providing significant capital to advance ECF’s pipeline of renewable fuels projects across British Columbia and Alberta. The majority stake is being acquired from ECF’s founders and lead investor Piney Point Capital, both of which will remain as substantial minority shareholders and board members following the transaction.
-
- Buyer
- Carbon Resilience, ARIA Commodities
- Target
- Kibo Energy PLC
- Industry
- Renewable Energy
- Location
- Queensland, Australia
- Type
- Buyout
Carbon Resilience, an institutional renewable energy platform within ARIA Commodities’ group, announced a US$135 million reverse takeover (RTO) transaction with London-listed Kibo Energy PLC. The deal will be effected through the issuance of approximately 966 million new Kibo shares (following a proposed 1,600-to-1 share consolidation), with the enlarged group targeting large-scale global industrial decarbonisation.
-
September 22, 2025
- Buyer
- La Caisse
- Target
- Edify Energy
- Industry
- Renewable Energy
- Location
- Australia
- Type
- Buyout
La Caisse (formerly CDPQ) has entered into binding agreements to acquire Edify Energy, an Australian renewable energy and battery storage developer/operator. The investment is expected to total approximately CAD 1 billion, funding the acquisition and additional equity to support next-phase development of hybrid solar and battery energy storage projects totaling 900 MW / 3,600 MWh and a pipeline exceeding 11 GW.
-
September 11, 2025
- Buyer
- AKH HoldCo AS, Aker ASA
- Target
- Aker Horizons Holding AS (AKHH)
- Industry
- Renewable Energy
- Location
- Viken, Norway
- Type
- Divestiture
Aker Horizons Holding AS (AKHH) and AKH HoldCo AS (a subsidiary of Aker ASA) have completed their merger, which was registered on 11 September 2025. As part of the transaction Aker Horizons ASA distributed AKHH shares as a dividend-in-kind to its shareholders: eligible Aker Horizons shareholders will receive NOK 0.267963 in cash and 0.001898 Aker ASA shares per Aker Horizons share (fractions rounded down).
-
August 14, 2025
- Buyer
- Conestoga Energy
- Target
- SAFFiRE Renewables, LLC
- Seller
- Southwest Airlines Renewable Ventures LLC
- Industry
- Renewable Energy
- Location
- Texas, United States
- Type
- Buyout
Conestoga Energy has acquired SAFFiRE Renewables, LLC from Southwest Airlines Renewable Ventures LLC, obtaining SAFFiRE’s IP, certain technologies, a proposed pilot production facility, and key technical staff. The acquisition gives Conestoga access to SAFFiRE’s DMR pretreatment technology to produce ultra-low carbon intensity ethanol for sustainable aviation fuel (SAF) and supports plans for a co-located pilot in Liberal, Kansas and future commercial-scale production.
-
August 12, 2025
- Buyer
- Zeo Energy Corp.
- Target
- Heliogen, Inc.
- Industry
- Renewable Energy
- Location
- California, United States
- Type
- Buyout
Zeo Energy Corp (Nasdaq: ZEO) completed its acquisition of Heliogen, Inc., combining Zeo’s residential solar and storage footprint with Heliogen’s concentrated solar and long-duration energy storage technology to create an integrated clean energy platform across residential, commercial, and utility markets. The merger closed on August 8, 2025; Pickering Energy Partners served as financial advisor to Heliogen during the strategic process.
-
August 5, 2025
- Buyer
- Eazy Grease
- Target
- Liquid Recovery Solutions
- Industry
- Renewable Energy
- Location
- Georgia, United States
- Type
- Buyout
Eazy Grease has completed a strategic merger with Liquid Recovery Solutions, creating a nine-state used cooking oil (UCO) collection network across the U.S. Southeast and Northeast. The combination expands processing and fleet capacity, adds recently acquired assets (including Hulsey Environmental), and positions Eazy Grease as a multi-regional feedstock supplier for the growing renewable diesel market.
-
July 30, 2025
- Buyer
- Leeward Renewable Energy (LRE)
- Target
- Twelvemile Solar 1 & 2 (Twelvemile portfolio)
- Seller
- Red River Renewable Energy LLC, SunChase Power LLC, Eolian LP
- Industry
- Renewable Energy
- Location
- Oklahoma, United States
- Type
- Divestiture
Leeward Renewable Energy (LRE) acquired the Twelvemile Solar 1 & 2 portfolio (152 MW combined) from Red River Renewable Energy LLC — a joint venture between SunChase Power LLC and Eolian LP — and has begun construction in southern Oklahoma. The projects are part of LRE's broader Oklahoma solar portfolio, are expected to begin delivering power in early 2026, and will support construction jobs and significant local tax revenue over their operating life.
-
July 28, 2025
- Buyer
- Lyten
- Target
- Northvolt Systems' BESS product portfolio (Voltpack Mobile Systems (VMS), Voltrack)
- Seller
- Northvolt Systems
- Industry
- Renewable Energy
- Location
- Stockholm County, Sweden
- Type
- Divestiture
Lyten announced it has secured more than $200 million in additional equity (primarily from existing investors) and acquired the rights to Northvolt's Battery Energy Storage System (BESS) product portfolio, including Voltpack Mobile Systems (VMS) and Voltrack. Core members of Northvolt's energy storage engineering team will join Lyten in Stockholm, and Lyten plans to manufacture VMS and future BESS products in Gdansk, Poland with production targeted for Q4 2025.
-
- Buyer
- Barings, Queensland Investment Corporation (QIC)
- Target
- Pacific Energy Group
- Industry
- Renewable Energy
- Location
- Western Australia, Australia
- Type
- Growth capital
Barings and Queensland Investment Corporation (QIC) co-led an A$370 million equity raise for Pacific Energy Group (PEG), Australia's largest remote energy platform. The growth capital will fund PEG’s long-term investment plans, refinance the business, and support delivery of its renewable and hybrid energy project pipeline across Western Australia and the east coast. Campbell Lutyens acted as placement agent for the raising.
-
- Buyer
- Soltech Energy Sweden AB (publ), Nordic Capital
- Target
- Sesol Group AB
- Seller
- Nordic Capital
- Industry
- Renewable Energy
- Location
- Sweden
- Type
- Buyout
Soltech Energy Sweden AB (publ) has signed an agreement to acquire 100% of Sesol Group AB, a solar energy company. The purchase price will be paid with newly issued Soltech shares, making Nordic Capital the company’s largest shareholder with roughly 30% ownership post-transaction. The deal is subject to regulatory approvals and approval by an Extraordinary General Meeting.
-
- Buyer
- HitecVision, Midas Industri AS
- Target
- Vow Green Metals
- Industry
- Renewable Energy
- Location
- Norway
- Type
- Buyout
HitecVision has completed its acquisition of a 91.4% stake in Vow Green Metals (via its vehicle Midas Industri AS), becoming the company's majority shareholder and initiating a delisting from Euronext Growth Oslo. The new ownership will support Vow Green Metals' plan to scale biocarbon production capacity across Norway and develop an integrated industrial platform to supply metallurgical and other heavy industries.
-
- Buyer
- LS Power
- Target
- ENGIE Services U.S. (rebranded as OPTERRA Energy Services)
- Seller
- ENGIE
- Industry
- Renewable Energy
- Location
- California, United States
- Type
- Buyout
LS Power has completed its acquisition of ENGIE Services U.S., which will operate under its legacy name OPTERRA Energy Services. The acquisition adds OPTERRA's energy-efficiency, renewables, storage, microgrid and operations capabilities — and nearly 300 staff — to LS Power's portfolio to expand its low-carbon and customer-facing energy solutions.
-
- Buyer
- Brookfield Asset Management, Brookfield Renewable Partners L.P.
- Target
- National Grid Renewables (now Geronimo Power)
- Seller
- National Grid plc
- Industry
- Renewable Energy
- Location
- Minnesota, United States
- Type
- Buyout
Brookfield Asset Management, together with its institutional partners including Brookfield Renewable Partners, completed the acquisition of National Grid Renewables from National Grid plc and will operate the business under the Geronimo Power brand. The Minneapolis-headquartered company develops and operates utility-scale solar, wind and energy storage (about 2 GW operating, 1 GW under construction and ~20 GW in development) and will continue scaling Brookfield’s U.S. renewables platform.
-
May 25, 2025
- Buyer
- Freedom CNG
- Target
- X3 CNG, Lancer Energy
- Industry
- Renewable Energy
- Location
- United States
- Type
- Buyout
Houston-based Freedom CNG has acquired Colorado operator X3 CNG and Utah-based Lancer Energy to expand its compressed renewable natural gas (C/RNG) and multi-fuel fueling footprint across the Western United States. The deals add X3 CNG's public-access CNG network (including major sites in Colorado Springs and Greeley) and Lancer Energy's expertise in building and maintaining CNG, RNG, EV and hydrogen fueling infrastructure.
-
- Buyer
- Carlyle Global Infrastructure (The Carlyle Group)
- Target
- Portfolio of energy projects carved out from Amp Energy (Australia & United Kingdom)
- Seller
- Amp Energy
- Industry
- Renewable Energy
- Location
- South Australia, Australia
- Type
- Divestiture
The Carlyle Group's infrastructure arm has launched Revera Energy, a new independent energy infrastructure platform backed by Carlyle Global Infrastructure. Revera's initial portfolio comprises projects carved out and acquired from Amp Energy across Australia and the United Kingdom, focusing on battery storage, utility-scale solar and green hydrogen development.
-
May 15, 2025
- Buyer
- TerraForm Power
- Target
- Sun Tribe Development LLC
- Industry
- Renewable Energy
- Location
- Virginia, United States
- Type
- Divestiture
On May 15, 2025, TerraForm Power, an affiliate of Brookfield Asset Management / Brookfield Renewable, acquired Sun Tribe Development LLC, buying the development business and its 4.1 GW pipeline and integrating the development team. The deal transfers the entirety of Sun Tribe Development's project pipeline and personnel to TerraForm Power, more than doubling TerraForm Power's development pipeline to over 6,000 MW while Sun Tribe's EPC and O&M businesses continue to operate independently.
-
- Buyer
- HitecVision
- Target
- Polska Grupa Biogazowa
- Seller
- TotalEnergies
- Industry
- Renewable Energy
- Location
- Masovian Voivodeship, Poland
- Type
- Divestiture
HitecVision has agreed to buy a 50% stake in Polska Grupa Biogazowa (PGB) from TotalEnergies for an enterprise value of €190 million under a signed SPA. PGB is Poland’s leading biogas operator with 20 operating units and c.450 GWh of equivalent biomethane capacity (targeting 2 TWh by 2030); the partnership will support scaling via greenfield projects and M&A and remains subject to regulatory approvals.
-
- Buyer
- RM Capital Partners
- Target
- Integrated Solar Operations d/b/a ISO Solar
- Industry
- Renewable Energy
- Location
- Puerto Rico, United States
- Type
- Buyout
RM Capital Partners, a Chicago-based private equity firm, has completed the acquisition of Integrated Solar Operations d/b/a ISO Solar, a turnkey solar energy provider serving residential, commercial, and government customers across Puerto Rico. RM Capital plans to support ISO Solar's growth through investments in people, products, services and infrastructure to capture rising demand for energy resiliency and lower-cost alternatives to the island's centralized grid.
-
May 13, 2025
- Buyer
- Certek
- Target
- GEV Wind Power
- Seller
- Bridges Fund Management
- Industry
- Renewable Energy
- Location
- East Riding of Yorkshire, United Kingdom
- Type
- Buyout
Certek, a sector-focused investment vehicle led by David Harrison and supported by Macquarie Group, has acquired GEV Wind Power from Bridges Fund Management. GEV, headquartered in Hessle, East Riding of Yorkshire, is a global specialist in wind turbine rotor blade repair and O&M and will be supported by Certek and GEV management to expand capacity and pursue supply‑chain consolidation; terms were not disclosed.
-
May 10, 2025
- Buyer
- Octopus Energy Generation, Octopus Energy Development Partnership (OEDP)
- Target
- MN Projekt GmbH
- Industry
- Renewable Energy
- Location
- Hamburg, Germany
- Type
- Buyout
Octopus Energy Generation, via the Octopus Energy Development Partnership (OEDP), has acquired Hamburg-based renewable developer MN Projekt GmbH, adding a c.2 GW pipeline of solar and battery storage projects in Germany. The deal expands Octopus's project pipeline and storage capabilities as it accelerates its investment plans in Germany and supports the country’s target of significantly higher renewable electricity by 2030.
-
April 8, 2025
- Buyer
- Empower Solar
- Target
- Radix RDX LLC
- Industry
- Renewable Energy
- Location
- California, United States
- Type
- Buyout
Empower Solar and Radix RDX LLC completed a merger to combine Empower's installation capabilities with Radix's sales organization. The combined business will operate under the Empower Solar name and expands Empower's installer footprint and service offerings into Arizona, including the Phoenix metro area.
-
- Buyer
- CVC DIF (through DIF Infrastructure VII)
- Target
- BALANCE Erneuerbare Energien GmbH
- Seller
- VNG AG
- Industry
- Renewable Energy
- Location
- Saxony, Germany
- Type
- Growth capital
CVC DIF (via the DIF Infrastructure VII fund) has agreed to acquire a 49% stake in BALANCE Erneuerbare Energien, the biogas subsidiary of Leipzig-based VNG AG, in a growth partnership to support the business’s expansion. BALANCE operates 42 biogas facilities in northern and eastern Germany (≈197 MW thermal) and supplies green energy to roughly 180,000 households; the transaction is subject to antitrust approval.
Full Export
Purchase this data
Get the full acquisitions list for this page as CSV + XLSX.
Build a buyer list for your Renewable Energy deal
Find buyers actively acquiring renewable energy companies.
Frequently Asked Questions
What parts of renewable energy are most common in these acquisitions?
The deals cover solar and battery energy storage portfolios, wind projects (including a stated 49% interest in two projects), and supporting businesses such as manufacturing, racking/tracking equipment, and operations & maintenance.
Do buyers in this sector focus more on development assets or manufacturing?
Both. Examples include platform/portfolio acquisitions like Qualitas Energy’s purchase of Cero Generation’s European renewables platform and manufacturing expansions such as FH Capital’s stake in JinkoSolar (U.S.) Industries and Inox Clean Energy’s acquisition of Boviet Solar Technology.
Which kinds of operational capabilities are being acquired?
Several deals target execution and lifecycle support, including QE Solar acquiring a solar and storage O&M division, and SOLV Energy acquiring a contractor to build and control critical grid interconnection capabilities.
Which countries and U.S. states show up in recent renewable energy acquisitions?
Recent locations include the United Kingdom, Ireland, Denmark, and Colombia, plus U.S. states such as Arizona, California, Florida, Maryland, North Carolina, and Oregon.
Related Acquisition Pages
Renewable Energy Buyers & Acquisitions in Canada
Private Equity-Backed Renewable Energy Buyers
Renewable Energy Acquisitions in 2026
Renewable Energy Acquisitions in 2025
Renewable Energy Acquisitions in Georgia
Renewable Energy Acquisitions in North Carolina
Renewable Energy Acquisitions in Oregon
Renewable Energy Acquisitions in California
Renewable Energy Acquisitions in Arizona
Renewable Energy Acquisitions in Florida