Transactions - Energy, cleantech & resources

Inspired Evolution Investment Management, through its Evolution II Fund, sold 55% of its ordinary share interest and 100% of its preference share interest in Commercial Energy South Africa to SolarAfrica.

INNAX, an energy solutions provider, acquired Tums, a certified metering company in the Netherlands.

HOFOR A/S, the largest public utility in Greater Copenhagen, entered a strategic partnership with Elimini, a carbon removal company and the US subsidiary of the UK-listed Drax Group, to develop a large-scale bioenergy with carbon capture and storage (BECCS) facility at Amagerværket in Copenhagen, a DKK multi-billion investment.

Ennatuurlijk, one of the largest heating companies in the Netherlands, acquired ECW Geo Andijk and Andijk Netwerken, which owns two geothermal doublets and the heating grid.

Vivo Energy announces the sale of its interest in Engen Mauritius, a downstream oil and gas operator in Mauritius, to Bhunjun Group, a local investment firm.

​Exxaro and Eyesizwe, its 30% Black Economic Empowerment (BEE) shareholder, agreed to the extension of Exxaro’s BEE ownership scheme through Eyesizwe retaining its entire shareholding until at least December 2027.

Endomines, a Finnish mining and exploration company focusing on gold, received debt refinancing.

Big Ass Battery, a leading Dutch manufacturer in smart battery storage systems, accelerates its growth and reinforces its position with a strategic investment by Philippe van Esch, a Dutch renowned entrepreneur.

Chappal Energies acquired Equinor Nigeria Energy Company, including a 20% stake in the Agbami oil field, valued at up to US$1.2 billion.

Macquarie sold its 40% stake in Hydro Dolomiti Energia to a consortium comprised of Equitix, Tages Capital and La Finanziaria Trentina.

ACEA, one of the most important Italian players in energy distribution, sold the Areti HV electricity grid to Terna.

Fudura, a leading provider of energy infrastructure and metering services for the B2B market, acquired OptiVolt, a renowned Dutch specialist in power quality solutions.

Revolt B.V., a Dutch charging point operator (CPO), was sold to Sakko Groep.

GIGA.GREEN successfully completed a strategic growth financing round, securing EUR 25 million in equity from Ichigo Inc., a leading Japanese sustainable infrastructure company listed on the Tokyo Stock Exchange Prime Market.

Lagi Energia 2006 Srl and HNF SpA sold 80% of Viridis Energia SpA, a Milan-based alternative energy sources establishment, to the Italian state-owned FNM.

Galileo signed a partnership with Green IT to develop 140MW of photovoltaic projects.

Viessmann Climate Solutions SE, a German leader in climate control solutions, acquired Waldhauser GmbH & Wärmetechnik KG.

Eredi Campidonico SpA sold its EC Rete branch of business, which includes 22 automotive fuel distribution facilities based in Piedmont, to Retitalia.

Spectral, a pioneer in the fusion of energy and information technologies and one of the most impactful scale-ups in the Dutch energy sphere, has secured an investment from ABN AMRO’s Sustainable Impact Fund (SIF), a leading financial institution known for its commitment to fostering innovation and sustainability. 

Unitywater, a government-owned water and wasterwater company, acquired a minority stake in Detection Services Group, a specialised water management services business, providing services and analytics for leak detection and improving pipeline network reliability.