The transaction by Asia Pacific investment firm PAG is expected to close in the fourth quarter of 2024, subject to closing conditions, Canadian Solar said in a news release.
When the deal was announced in May, NOVA Infrastructure agreed to acquire approximately 70% of UGE International’s common shares.
Here is a look at some of this week’s renewable energy news.
NextEnergy Capital has reached an agreement to buy 12 solar power projects in Spain with an overall capacity of 248 megawatts.
Here is a look at some of this week’s renewable energy news.
Nevada-based Ormat Technologies—which recently formed a geothermal partnership with SLB—has 10 geothermal, three solar and seven energy storage projects under development.
Here is a look at some of this week’s renewable energy news, including an update on one of the largest offshore wind projects being developed in the U.S.
Despite concerns, including the upcoming U.S. elections, First Solar continues to move forward with projects to expand its production capacity.
KKR, alongside Sumitomo Mitsui Banking Corp., also arranged a $522 million development facility for Avantus.
Masdar agreed to acquire a 49.99% stake in 48 solar plants controlled by Spanish utility Endesa.