Ingka Group, a holding company based in the Netherlands that owns and operates IKEA retail under franchise agreements with Inter IKEA Systems B.V., announced it has reached an agreement with Copenhagen Infrastructure Partners (CIP) to acquire a 49% stake in two solar PV projects in Utah and Texas. With a total of 403 megawatt capacity this development ranks among the larger Solar Photovoltaic (PV) projects in the United States.
Spanish solar developer Solarpack Corporación Tecnológica, S.A., announced the closing of the acquisition of 90.5% of the solar photovoltaic projects Tacna Solar and Panamericana Solar with Tawa Solar Fund LP and the rest of the Projects’ shareholders, for US$ 51.5 million.
US-based solar developer 174 Power Global Corporation, an affiliate company of business conglomerate in South Korea Hanwha Group, announced the closing of construction financing for the $210 million 150 MW first phase of a solar power plant near Odessa, Texas.
India-based renewable energy company Adani Green Energy Limited (AGEL), announced it has signed a securities purchase agreement to aquire 205 MW operating solar assets from Indian Essel Group companies Essel Green Energy Private Limited (EGEPL) and Essel Infraprojects Limited (EIL).
Germany-based energy supply company EnBW Energie Baden-Württemberg AG announced that after having received the final official approvals, it closed the acquisition of French developer and operator of wind and solar farms VALECO on 3 June 2019.