Spark Power has completed the acquisition of Bullfrog Power, a green energy company based in Canada.
The acquisition will enable both companies to create the ‘Utility of the Future’ product, which offers smart, innovative and sustainable solutions in solar, storage, EV infrastructure and other energy efficiency technologies.
Based in Canada, Spark Power is an independent electrical power service and solutions provider.
Inter RAO Capital has agreed to purchase 4.915% interest in Inter RAO UES from RusHydro for RUB17.17bn ($271.4m).
The acquisition involves the purchase of 5.13 billion registered ordinary shares priced at $0.053 each.
The acquirer company is engaged in electricity generation and distribution, while the target company, also based in Russia, is engaged in power generation.
Cummins plans to acquire Efficient Drivetrains, a US-based designer and producer of hybrid and fully electric power solutions for commercial markets.
The acquisition will help Cummins to increase its electrification capabilities.
Based in the US, the acquirer company is engaged in the design, manufacture, sales and services of diesel and alternative fuel engines, electrical generator sets, and related components and technology.
Fenice plans to fully own Zephyro by acquiring the remaining 28.68% interest in a public tender offer.
Based in Italy, the acquirer company is engaged in developing energy efficiency solutions, while the target company, also based in Italy, is focused on integrated energy management solutions.
TS Group has acquired Calyxo, a Germany-based manufacturer of thin-film solar photovoltaic (PV) modules.
Calyxo had filed for insolvency at the District Court of Dessau in Germany.
Based in Germany, TS Group is a manufacturer of machines, test stands, and industrial furnaces.
Innogy e-mobility US has acquired Broadband TelCom Power (BTCPower).
The acquisition will add a full DC product portfolio to Innogy’s network for the North American market. It will enable the company to achieve prompt delivery times and excellent quality for its turnkey solutions.
BTCPower will continue to operate as an independent company, and will use both Innogy’s financial strength and know-how to expand across the electric vehicle (EV) hardware markets.
The acquirer company is engaged in providing EV charging technology, while the target company is engaged in the manufacture of power conversion and charging solutions. Both companies are based in the US.