July 2025

Swiss private equity firm Partners Group agreed to acquire PowerTransitions, a company specializing in the conversion of retiring power facilities into energy storage and renewable energy assets, from EnCap Investments. Partners Group intends to invest more than $450 million to support the platform’s growth and development

Downing Renewables & Infrastructure Trust plc (DORE), a UK-based renewables investor managing 159MW of assets, agreed to be taken private by its largest shareholder, Bagnall Energy. The transaction, executed through Bagnall’s vehicle Polar Nimrod Topco Limited, values DORE at €204.4 million, with shareholders to receive 102.6016 pence per share in cash

A subsidiary of Ares Management Corporation entered into an agreement to acquire a 20% equity interest in Plenitude, the renewable energy subsidiary of Italian energy group Eni SpA, in a transaction valued at €2 billion. The investment, which remains subject to regulatory approvals, implies an enterprise valuation exceeding €12 billion for Plenitude

Greenvolt Group agreed to sell a 231MW portfolio of wind and solar projects in Spain to Transiziona, a White Summit Capital-owned company, for up to €195 million. The portfolio includes 28 projects at various development stages and was sold through Greenvolt’s partnership with Green Mind Ventures. The transaction comprises a forward sale of 145MW through to commercial operation, along with an 86MW greenfield pipeline

Prologis Energy, a logistics real estate platform active in energy storage, completed the sale of a 400MW battery energy storage project in Texas, US. Originally developed by CenterPoint Energy, the project is under construction and expected to be energised by the end of 2025. The financial details of the transaction have not been disclosed

DTEK and Octopus Energy Group have launched RISE (Resilient Independent Solar Energy), a solar and battery funding initiative aimed at enhancing energy security in Ukraine. The programme targets €100 million in capital over the next three years to deploy 100 solar and battery energy storage systems for businesses and public sector entities. RISE represents the first initiative of its kind in the country

Siemens Energy AG secured a new €9 billion syndicated bank facility with a five-year term, provided by a group of 23 banks. The new facility, which includes guarantee lines, replaces the existing €11 billion package previously backed by the German government, as well as a separate €1 billion arrangement supported by major shareholder Siemens AG

Clearway Energy Group secured over $1 billion in corporate credit facilities to advance its development pipeline and strengthen financial flexibility. The package comprises a $400 million revolving credit facility, a $350 million letter of credit facility, and a $169 million term loan, alongside an additional $100 million letter of credit facility coordinated by Natixis Corporate and Investment Banking. The lending group includes CIBC, KeyBank, MUFG Bank, National Australia Bank (NAB), Royal Bank of Canada (RBC), Société Générale, BBVA, Rabobank, DNB Capital, Desjardins Group, Truist Bank, Banco Santander, and TD Bank

Invenergy LLC and Alliance de l’énergie de l’Est secured a €701.1 million financing package for the 350MW Pohenegamook-Picard-Saint-Antonin-Wolastokuk 1 (PPAW 1) Wind Energy Centre in Quebec, Canada. Equity contributions were provided by the project sponsors, with the remainder raised through bank facilities arranged with Quebec and Canadian financial institutions. The lending consortium comprises Desjardins Group, National Bank of Canada, CIBC, Sumitomo Mitsui Banking Corporation (SMBC), and KfW IPEX-Bank GmbH