NTR and China-based smart wind turbine designer and developer Envision Energy have announced an intention to jointly acquire UK-based renewable energy company Velocita Energy Developments.

Velocita Energy Developments operates a 12MW windfarm and is developing 42MW of projects in Scotland, which will be taken over by Irish renewable investment and asset management company NTR following the acquisition.

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A 14MW wind park and three France-based projects with a combined capacity of 136MW will be taken over by Envision Energy.

Audax Energy has announced that it has submitted a €70m ($78.48m) bid to acquire Fersa Energias Renovables, a renewable energy company also based in Spain.

The bid represents a price of €0.5 ($0.56) per share and will be materialised if at least 50.01% of Fersa Energias Renovables’ shareholders accept.

This follows a sale announcement by Fersa Energias Renovables, which mandated Lazard Asesores Financieros for reviewing the bids from interested buyers.

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Power Technology Excellence Awards - Nominations Closed

Nominations are now closed for the Power Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

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Recognised with three 2025 Power Technology Excellence Awards, Hover Energy is at the forefront of intelligent microgrids and distributed renewables. Explore how its AI-enabled Microgrid Management System™ , strategic partnerships and networked microgrids are rebuilding the grid from the ground up for a more flexible, resilient energy future.

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