ARES invests in PLENITUDE

The global energy leader has successfully finalized a series of strategic acquisitions across Europe, North America, and Africa, marking a decisive expansion of its renewable generation capabilities. This transaction represents a definitive move to incorporate a specialized German wind and solar developer into the group’s broader power division. The strategic rationale for the move centers on the acquirer’s objective to broaden its technical operational depth in project development and secure a multi-gigawatt pipeline of future assets

TotalEnergies has entered into an agreement with EPH to acquire a 50% stake in a European portfolio of power generation assets, as part of a joint venture owned equally by both groups, which will be responsible for the industrial management and development of these assets. Beyond the capital structuring of the transaction, this deal aligns with TotalEnergies' Integrated Power strategy, aimed at increasing the group's exposure to electricity in Europe and developing synergies between its gas and power generation activities

Ardian acquired approximately 97% of Akuo for an equity value of approximately EUR1 billion, enabling the exit of ICG (Intermediate Capital Group), which had provided EUR650 million in non-dilutive financing in 2022. The deal followed two years of complex negotiations where initial bids from KKR, Antin, and InfraVia failed to meet the founders' expectations. Ardian secured the deal by offering value-sharing mechanisms and earn-outs, ensuring the founders remain involved as minority shareholders and operational leaders

Brookfield Renewable Holdings announced the successful completion of a mandatory tender offer for all outstanding shares and convertible bonds of Neoen. The offer, launched in February 2025, resulted in Brookfield and its concert parties acquiring approximately 97.7% of Neoen’s share capital and the vast majority of its 2022 convertible instruments, thereby satisfying the conditions for a compulsory squeeze‑out. The transaction follows Brookfield’s earlier strategic intent, expressed in early 2025, to secure a controlling position in a leading independent renewable‑energy producer with a diversified portfolio spanning solar, on‑shore wind and utility‑scale battery storage across four continents

KKR announced a definitive tender offer to acquire control of Greenvolt – Energias Renováveis, S.A., a Portuguese independent power producer specializing in solar and wind assets. The bid represented KKR’s most recent foray into the European renewable sector, following a period of heightened investor interest in decarbonisation infrastructure. Greenvolt, founded in the early 2010s, has assembled a diversified portfolio of generation facilities across the Iberian Peninsula and has secured multiple power purchase agreements that underpin its cash‑flow stability

Masdar concluded the acquisition of Terna Energy, the pre‑eminent Greek renewable‑energy developer and operator. The deal, first disclosed in June 2024, culminated after a rigorous regulatory review by the European Commission and the Hellenic Energy Authority, confirming compliance with competition and foreign‑investment statutes. Terna Energy’s asset base comprises operating wind farms, utility‑scale solar installations, and hydroelectric facilities, complemented by a robust pipeline of development projects spanning the Aegean, the Balkans and the broader Mediterranean region

PPC Group has finalized a strategic agreement to acquire an extensive energy portfolio from the Copelouzos and Samaras groups, a maneuver designed to fundamentally accelerate the group’s renewable transition. The strategic rationale for this transaction centers on a "portfolio-enhancement" play, merging the target's industry-leading technical operational depth in wind and solar generation with the group’s vast integrated utility infrastructure. This fusion effectively creates a specialized powerhouse in the Greek energy arena, providing the organization with the scientific talent and high-performance hardware required to address the increasing demand for decarbonized power and grid stability

KKR disclosed the launch of a voluntary public takeover bid for Encavis AG, a leading independent operator of renewable‑energy assets in Europe. The proposal, structured as a cash‑only offer, rapidly achieved the statutory minimum acceptance threshold, prompting the formal conclusion of the transaction. The bid followed an earlier investment agreement signed in early 2024, under which KKR and a strategic co‑investor, Viessmann, committed to jointly accelerate Encavis’ growth trajectory and to provide a disciplined capital framework for future acquisitions

Statkraft announced the acquisition of Enerfin, the renewable‑energy subsidiary of the Spanish engineering conglomerate Elecnor. Enerfin comprises a diversified portfolio of operational wind and solar facilities primarily located in Spain and Portugal, together with an active development pipeline targeting additional on‑shore wind projects and utility‑scale solar farms. The transaction follows a period of intensified consolidation within the European renewable sector, wherein major generators have sought to augment geographic reach and asset depth to meet escalating policy‑driven decarbonisation mandates

Antin Infrastructure Partners disclosed in June 2023 a voluntary cash tender offer to acquire the entirety of Opdenergy, a French independent operator specialised in renewable electricity generation. Opdenergy’s portfolio comprises on‑shore wind, solar photovoltaic and hydroelectric assets primarily located in metropolitan France, with an installed capacity that positions it among the leading domestic producers of green power. The transaction is subject to customary shareholder approval, regulatory clearance and the satisfaction of standard closing conditions