Author
Sebastian Montoya
Sebastian Montoya
Hello,
Amid record financings, asset rotations and strategic partnerships, this week’s 26 deals point to a healthy, growing clean-energy market in Europe.
The top stories:
- New BESS benchmark? Fidra Energy secured £1bn in financing from a syndicate of public and private lenders for a new BESS project in the UK. The value sits well above recent deals and sets a new bar for standalone storage in Europe.
- From volatility to predictability. Elsewhere, moves like Return+BESSMART and the FF Ventures/E Energy JV signal more contracts, more paid availability and deeper grid/infra integration in the storage market. If this trend persists, volatility gives way to predictability, potentially unlocking cheaper funding for the next wave of projects.
- Stable cashflows. EDP, European Energy, OX2 and RES rotated assets with steadier revenues (EEG/CfD/PPAs). The market is raising cash to build the next GWs, evidence of scale and health.
Open the full wrap up and see every deal in our tracker. Want more behind-the-scenes insight? Connect with me on LinkedIn.
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Deals breakdown
Battery storage
- Germany | Return partners with BESSMART to acquire four ready-to-build BESS sites totaling 310 MW / 670 MWh in Eastern Germany, reinforcing grid stability and advancing multi-GW European pipeline
- Lithuania | Olana Energy acquires 70 MW / 140 MWh ready-to-build Å alÄininkai BESS from Aura Power and Balancy Grid, targeting 2026 commissioning to strengthen Baltic grid resilience
- Spain | Octopus-backed FF Ventures sells 49% stake in Spanish BESS platform to E Energy Invest, creating joint venture to co-develop 2.4 GW of storage projects in Iberia and Romania
- UK | Fidra Energy secures £445m equity from EIG and National Wealth Fund and £594m debt to finance 1.4 GW / 3.1 GWh Thorpe Marsh BESS — the largest standalone storage project globally
Hydrogen
- Netherlands | HydePoint partners with Subsea7 and EnBW to explore offshore hydrogen systems linked to wind farms, targeting future large-scale green hydrogen production
- UK | Schroders Greencoat takes control of Meld Energy, backed by World Kinect, to advance 100 MW hydrogen project in Hull and expand UK e-fuels portfolio
- UK; Germany | Hydrogen Scotland signs MoU with AquaVentus to develop North Sea hydrogen pipeline concepts, linking Scottish offshore wind with German 10 GW electrolysis plans
Multiple
- Germany | Swiss utility BKW acquires Suedvolt, operator of 1 GW virtual power plant, marking entry into German balancing energy market and supporting €4bn “Solutions 2030†strategy
- Romania | ROMGAZ and Electrica sign MoU to co-develop up to 400 MW of greenfield renewable generation and storage, creating joint investment vehicle with Electrica as lead developer
- Romania | Veolia Acquires Majority Stake in General Me.el Electric to Become Fully Integrated Utility Provider Across Water, Sewage, Gas, Thermal Energy, and Electricity, Expanding Renewable Capabilities with Solar and Battery Storage Under Veolia Group’s GreenUp Strategy
Solar
- Germany | RES divests 10 MW Döblitz solar park near A9 motorway to TEAG, with project handover completed and ecological design measures integrated into development
- Ireland | Omnes and Infranity form strategic partnership in Power Capital Renewable Energy, acquiring co-control stake in Ireland’s largest solar IPP with 230 MW operational, 330 MW under construction, and 5 GW pipeline of PV + BESS
- Italy | Pioneer Point Partners acquires majority stake in Arpex, a leading behind-the-meter solar PV platform, to scale C&I decarbonisation with 50 ready-to-build projects and ambition of 100 new projects annually
- Romania | Solwec Energy acquires ready-to-build 10 MW hybrid solar + storage project from Leonidas, marking Turkish investor’s entry into Romanian renewables
- Spain | Eversheds Sutherland advises Sonnedix on acquisition of 12.6 MWp Rixiraba solar plant in Extremadura from Nordic Solar, reinforcing client’s Spanish growth strategy
- UK | AlphaReal acquires fully consented 12 MWp solar project in Scotland from Innova, extending existing 5 MWp FiT site and backed by CfD support from AR6
- UK | PS Renewables and EDF launch consultation for 50+ MW South Brooks solar + storage project in Kent, expected to power 14,000 homes via National Grid link at Dungeness
Wind
- France; Belgium | EDP completes €200m sale of 12 operating wind farms (121 MW) to Amundi Transition Energétique, advancing capital recycling strategy and funding new growth
- Germany | European Energy completes sale of majority stake in 33 MW repowered wind portfolio to EB-SIM, leveraging EEG regime to advance asset rotation strategy and maintain long-term market presence
- Ireland | Alerion Clean Power acquires 14.4 MW Milestone wind farm in County Tipperary from SUSI Partners, marking entry into Irish market and advancing 2025–2028 growth plan
- Italy | OX2 divests inaugural Italian wind project (27 MW) to Nuveen Infrastructure, expanding Nuveen’s European portfolio and positioning OX2 for further growth in wind, solar and storage
- Norway | Gjenkraft completes NOK 60m capital raise for inaugural wind blade recycling plant, pioneering near-100% material recovery via proprietary pyrolysis technology
- Turkey | Envision Energy signs exclusivity agreement with Mensis Enerji to jointly advance 4.5 GW wind project pipeline, combining global technology leadership with local expertise
- UK | Octopus and Ming Yang form landmark partnership to cut wind costs and accelerate 6 GW clean energy pipeline, integrating smart software with advanced turbine hardware
