Greece’s coal phase-out will “captivate global investments”
Earlier this week Greek ministers announced a plan to transition the country’s energy industry away from coal. This $5.9bn (€5bn)…
18 Sep 2020
India to shut down 32 power units for missing emission deadlines
The Government of India reportedly plans to shut 32 units across 12 power plants in the country as they have failed to meet emissions targets. The Financial Times reported that…
18 Sep 2020
Vortex Energy sells controlling stake in 365MW UK solar portfolio
Belgium-based renewable energy company Vortex Energy has sold its controlling stake in a 365MW UK solar photovoltaic (PV) portfolio. TNB International, a subsidiary of Tenaga Nasional Berhad, will now increase…
18 Sep 2020
Engie rejects $3.4bn bid for stake in its water and waste disposal business
French power and utility company Engie has rejected a $3.4bn (€2.9bn) offer to buy its water and waste disposal company Suez. Public services company Veolia offered to buy a 29.9%…
18 Sep 2020
Iberdrola acquires Japan’s Acacia Renewables with development deal
Spanish electric utility company Iberdrola has agreed to buy out Japan’s green energy supplier Acacia Renewables. Macquarie's Green Investment Group (GIG) will sell the shares, but financial details have not…
17 Sep 2020
EU Parliament allows gas projects to use green transition fund
The European Parliament has voted in favour of allowing certain gas projects to use its green transition fund. The EU intends to use part of its Covid-19 recovery fund to…
17 Sep 2020
Israel’s OPC Energy to acquire US firm Competitive Power Ventures
Israel’s electricity firm OPC Energy plans to acquire US-based electricity generation company Competitive Power Ventures (CPV). The company has produced a letter of intent (LoI) for the deal, requiring an…