Author
Sebastian Montoya
Sebastian Montoya
Hello,
Momentum holds this week: 17 deals across 11 countries, with six deals in the solar sector.
What we’re seeing:
- Offshore wind’s reset: Østed readies a USD 9.4bn rights issue, with Equinor posed to anchor USD 1bn
- Solar and storage in motion: Capital Dynamics buys 80% of 34 MWP and 11.7 MW BESS hybrid (DE).
- Hydrogen beyond pilots: Thyseenkrupp nucera acquires GHS high-pressure AWE tech and Provaris/Baker Hughes formalise compressed H₂ shipping aimed at Nordic export hubs.
Full breakdown below. For deeper dives and context on trends, connect with me on LinkedIn.
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Deals breakdown
Hydrogen
- Germany | Thyssenkrupp Nucera acquires Green Hydrogen Systems’ technology assets, strengthening its alkaline electrolysis portfolio with high-pressure solutions for industrial hydrogen markets
- Pan-Europe | Provaris Energy formalises strategic collaboration with Baker Hughes to advance large-scale compressed hydrogen marine transport and storage solutions, targeting Nordic export hubs and regional hydrogen supply chains
Multiple
- Denmark | Equinor commits $1bn to Ørsted’s $9.4bn capital raise, reinforcing 10% stake as Nordic energy majors signal closer alignment amid offshore wind headwinds
- Romania | Mubadala secures EU approval to acquire stake in Actis-backed Rezolv Energy, forming joint control of 2.3 GW renewables platform driving wind and solar growth across Southeastern Europe
- Spain | BlackRock lifts Naturgy stake to 18.8% post-takeover bid, reshaping shareholder balance as free-float expansion strategy advances
Solar
- Germany | Capital Dynamics acquires 80% stake in 34 MWp solar + 11.7 MW BESS hybrid project from Münch Energie, marking its first clean energy infrastructure investment in the country
- Italy | PLT Energia acquires 50 MW Castelvetrano solar PV project from X-ELIO, expanding its national renewable platform while the seller consolidates its Italian presence with 1.1 GW solar and 1.8 GW storage pipeline
- Norway | Anchor has secured majority control of REC Silicon after completing its mandatory share offer at NOK 2.20 per share. The company’s stake has increased from 184.8 million shares to 247.1 million shares, raising its ownership to 58.76%.
- Romania | Kraftfeld Solar divests 87.5 MW ready-to-build Mihăilești solar project to ENNA Group, marking its second asset sale this year and expanding ENNA’s cross-border renewables footprint
- Spain | Edisun launches sale process for 941 MWp Fuencarral-to-AI solar project, seeking buyer to finance construction and unlock dedicated clean power supply for Madrid’s growing data center market
- Spain | Octopus Energy expands Iberian presence with acquisition of solar and storage assets totaling 600MW, leveraging Brookfield-backed Sky fund to accelerate customer growth and clean energy deployment
Wind
- Austria | Wien Energie to acquire ImWind in landmark deal, combining over 150 wind turbines and 500+ solar assets to accelerate Austria’s push for climate neutrality by 2040
- Poland | Vestas acquires LM Wind Power’s Goleniów blade factory, retaining 400 staff and reinforcing European manufacturing capacity to meet rising demand for offshore wind
- Turkey | Envision Energy enters Turkish market with 232MW wind partnership with Yildizlar Group, marking a strategic first step to diversify beyond core Asian markets and support the country’s 2035 wind expansion targets
