COPELOUZOS WIND PORTFOLIO acquired by PPC GROUP

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

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

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

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

Infravia Capital announced the execution of a definitive agreement whereby a consortium led by Macquarie Asset Management would acquire the French solar development platform Reden Solar. Reden Solar, established in 2017, has built a portfolio of utility‑scale photovoltaic projects across multiple European jurisdictions, primarily focusing on ground‑mounted, grid‑connected assets. The transaction follows a broader trend of international infrastructure investors consolidating fragmented renewable‑energy developers to achieve scale and geographic diversification

ENGIE and Crédit Agricole Assurances announced in June 2024 the completion of a joint acquisition of Eolia Renovables, a Spanish developer and operator recognised as one of the country’s largest independent renewable power producers. Eolia Renovables, founded in 2008, has built a diversified portfolio of on‑shore wind and solar installations across multiple regions of the Iberian Peninsula, and has secured long‑term power purchase agreements with a range of industrial and utility off‑takers. The transaction, subject to customary antitrust clearances and shareholder approvals, follows a period of strategic outreach by both acquirers to consolidate market positions in the European renewable sector

EQT Infrastructure announced the successful completion of its voluntary tender offer for the outstanding equity of Solarpack Corporación Tecnológica, a leading developer and operator of utility‑scale photovoltaic assets in Spain and select international markets. The offer concluded the protracted acquisition process that commenced earlier in the year, following a non‑binding indication of interest and subsequent due‑diligence phase coordinated by leading legal counsel. Solarpack, founded in the early 2000s, has built a portfolio of solar farms with a reputation for robust project execution and long‑term power purchase agreements, positioning it as a strategic target for infrastructure investors seeking exposure to the European renewable transition

RPI has been acquired by a consortium led by Cube Infrastructure Fund, together with Demeter Partners, the company’s management team, and two Spanish family offices. The transaction closed in June 2021, transferring ownership of all 17 mini‑hydro plants and associated concessions from Renewable Power International Holdings to the new shareholders. The acquisition follows a structured purchase agreement that assigns the operating licences, water rights, and existing power purchase contracts to the consortium