Eurowind Energy has acquired Wind 1 through a share purchase mechanism.
The company will pay €12.2 ($15.1) in cash per share of Saeta Yield, which will be funded through an equity offering of $400m and $800m of liquid resources.
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TerraForm Power is a US-based renewable energy company, while Saeta Yield is a Spanish renewable energy company.
Aker Solutions has acquired a 5% stake in Principle Power, a floating windpower technology company based in the US.
Aker Solutions also holds an option to further increase ownership and proposes to acquire an additional 10% stake in Principle Power by the end of 2018.
Based in Norway, Aker Solutions is a provider of subsea production equipment and offshore field design services. The acquisition will broaden the firm’s offshore oil and gas field engineering expertise and create a broader market for Principle Power’s floating foundation technology.
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By GlobalDataEurowind Energy has acquired Wind 1 through a share purchase mechanism.
Both the companies are based in Denmark and are engaged in the development of windfarms.
Just Energy Group has entered a sale and purchase agreement to acquire all of EdgePower’s issued and outstanding shares for $20m.
Conducted through Just Energy Group’s subsidiary, the company will pay $14m at closure, including approximately $7m cash and $7m in common shares. There will also be a one-time performance-based pay-out that is payable after three years subject to a maximum of $6m.
The acquisition will enable Just Energy to apply innovative technological methods to improve customer experience.
Just Energy Group is a Canadian retail energy services provider, while EdgePower is an energy monitoring and management company based in the US.
