The MergerSight Group’s Post

On Wednesday, the Board of Directors of ADNOC Group endorsed the decision of its CEO to launch Exergy, or XRG, a new US$ 80 billion subsidiary that will lead global investments in low-carbon energy solutions. This adds to the efforts of ALTÉRRA, the US$ 30 billion catalytic climate investment fund launched by Lunate earlier this year, and follows up on Abu Dhabi's latest "X naming fashion", after 42X Fund and MGX. Read our in-depth analysis here: https://lnkd.in/gu4jbj6G

Masdar’s $4.6bn Acquisition Spree in 2024: What’s Powering Their Dealmaking Frenzy? Discover the Insights with Enerdatics! Masdar (Abu Dhabi Future Energy Company) has been on an acquisition spree this year, with its latest move being a $1.4bn takeover of Iberia-based Saeta Yield from Brookfield. This pushes their total 2024 M&A to a staggering $4.6bn! Some of the standout deals include: ⚡ Acquiring 67% of TERNA ENERGY for ~$2.3bn 🌍 Taking 49.99% of Endesa’s 2.5 GW portfolio in Spain for $921.6mn 💼 Securing 50% of Terra-Gen from Energy Capital Partners So, what’s driving this buying frenzy? Masdar is capitalizing on favorable market conditions in the EU and US, as platform and portfolio valuations soften amid elevated capital costs. Backed by TAQA, Mubadala, and ADNOC, the company aims to leverage these opportunities to achieve its ambitious goal of reaching 100 GW of renewable capacity by 2030—requiring a fivefold increase from its current portfolio. They’re not alone. Here are some other big players following suit: 💸 Energy Capital Partners’ $7.5bn acquisition of Atlantica Sustainable Infrastructure in May'24 🏭 GIP & CPP Investments’ $6.2bn takeover of US utility Allete in May'24 🌱 KKR & Viessmann’s $5.1bn deal for Encavis in Mar'24 Stay tuned for more in-depth market insights and trends shaping the future of renewable energy. ⚡ #RenewableEnergy #MergersAndAcquisitions #EnergyTransition #SustainableInvesting #CleanEnergy #Renewables #GreenEnergy #EnergyDeals #Masdar #EnergyInvestment #ClimateAction #GlobalEnergy #CleanTech #FutureOfEnergy #Sustainability #RenewableCapacity #EnerdaticsInsights

🌍💡The Waaree Energies Limited IPO debuted on the market today, delivering an impressive 66.33% listing gain! 🌞📈 About Waaree Energies Limited: Waaree Energies, a leading player in India’s renewable energy space, is renowned for its solar power products and sustainable solutions. With the government’s push toward green energy, Waaree’s market potential shines bright. 🌱⚡ Congratulations to all who invested in this IPO and benefited from today’s stellar listing! 🌟 Stay tuned with GCL Broking for more updates on IPOs and market trends. 📞𝘾𝙖𝙡𝙡 𝙪𝙨 𝙖𝙩 𝟬𝟭𝟰𝟭𝟲𝟲𝟮𝟱𝟱𝟬𝟬 or visit our website https://gclbroking.com #waaree #waareeenergies #waareeenergiesipo #GCLView #gclbroking #InvestmentOpportunity #StockMarket #InvestmentAdvice #InvestmentAlert #finance #StockMarketNews #IPO #IPOAlert #iponews #ipoupdate #ShareMarket #Stocks #stockmarketindia #stockmarkettoday #stockmarketinvesting #sharemarkettoday #sharemarketnews #invest #Investing #investments #stockmarketsuccess #InvestSmart #investwisely #stocktrading #upcomingipo

Demarest Advogados advised, as deal counsel, IVI Energia and Banco Bradesco BBI, as leading placement agent, on Ivi´s second issuance of commercial notes, in a single series, in the amount of BRL 200 million. The commercial notes were subject to public distribution, as per CVM 160. The funds raised were allocated to the implementation of distributed energy facilities, generated by solar plants, to be developed by Ivi´s special-purpose entities, aligning values of financial and social-enviromental responsability. Demarest relied on partner Marina Ferraz Aidar (pictured) and associates Luana Yoko Komatsu Falkenburger and Thais Vieira de Freitas. Read the article >> https://lnkd.in/dsbAYbGG #TheLatinAmericanLawyer #dealcounsel #energy #issuance

We are proud to have led a funding round with co-investors, including Praetura Ventures and KawiSafi Ventures, to facilitate the merger of two exceptional companies, SteamaCo and SHYFT Power Solutions, marking a pivotal moment in the evolution of energy management across Africa.   🔌 This landmark merger combines SteamaCo's decade-long expertise in advanced metering infrastructure with Shyft's innovative digital energy solutions, creating a powerful entity poised to tackle critical energy challenges in the region. This integration will enhance the sector’s ability to deliver reliable, smart metering solutions and drive significant progress in closing the energy access gap in Africa. Together, the companies will harness cutting-edge metering technology to revolutionize the electricity industry, offering real-time monitoring, accurate billing, and enhanced energy management. We are excited about the transformative potential of this merger in driving the digitization of Africa’s power grids and unlocking more reliable, productive energy across the continent. Read the full announcement: https://lnkd.in/gf6bAa36   Congratulations to both teams on this significant milestone!   #EnergyAccess #ImpactInvesting #SDG7 #VentureCapital and Credo Advisory

Axis Capital is delighted to announce the successful closure of INR 725 crore primary fundraise for Global Products and Solutions (GPS) business of Sterlite Power, a leading player in the global power transmission sector. We are proud to have brought marquee investors - GEF Capital Partners and Enam Holdings Pvt. Ltd. on board for this significant fundraise to support GPS business' growth and vision in the energy transformation space. #Powertransmission #renewables #advisory #infrastructure #energytransition #power #strategicinvestment #sustainable #energyancillary #cablesandconductors #indiagrowthstory #manufacturing #ESG

The European Investment Bank (EIB) has announced its support for CorPower Ocean’s innovative wave energy project, providing advisory assistance in capital structuring, fundraising material preparation, and financial model development to streamline the fundraising process. Read more 👉 https://lnkd.in/dgNiiY9j #WaveEnergy #CorPowerOcean #EIB #RenewableEnergy #CleanEnergy #OceanEnergy #GreenTech #EnergyInnovation #C4WEC #SustainableEnergy #GreenAmmonia #EnergyResilience

Iberdrola, a Spanish multinational electric utility company, completed the acquisition of an 88% stake in Electricity North West, a British electricity distribution network operator, from Equitix, a private equity firm, for €5bn. "This transaction reinforces our commitment to investing significantly in electricity networks, which are a critical component for supporting the electrification and decarbonization of the economy. The agreement is also consistent with our strategy to invest in countries that have ambitious investment plans and stable and predictable regulations. As a result of this acquisition, our regulated networks asset base in the UK is now valued at €14bn ($15.1bn). When combined with the US, these two markets now represent two-thirds of our total global regulated asset base," Ignacio Galán, Iberdrola Chairman. Iberdrola (led by Armando Martinez) was advised by Barclays. Electricity North West (led by Ian Smyth) was advised by Jefferies and Freshfields (led by Nicholas French, Alice Greenwell, Jenny McIvor, David Sonter and Alastair Brown). Equitix was led by Hugh Crossley. Submit your deals here: https://lnkd.in/djcRGezn #MergersAcquisitionsDivestitures #Electricity #PrivateEquity

Subscriptions for ACME Solar Holdings' IPO will begin on November 6, 2024. Here are some key details: - **About the Company**: Founded in June 2015, ACME specializes in the development, construction, ownership, operation, and maintenance of large-scale renewable energy projects. It is one of India's largest independent power producers in the renewable energy sector and ranks among the top 10 in operational capacity as of March 31, 2024. - **Issue Size**: The IPO is valued at ₹2,900 crore, consisting of ₹2,395 crore in new equity and a ₹505 crore offer-for-sale. - **Price Band**: The price range has been set at ₹275-289, with a minimum lot size of 51 shares. - **Use of IPO Proceeds**: The company intends to use the net proceeds from the IPO to repay some outstanding loans incurred by its subsidiaries and for general corporate purposes. Nuvama Wealth Management is one of the five BRLMs for the ACME IPO. **What is a BRLM?** A Book Running Lead Manager (BRLM) is the primary underwriter in an IPO, responsible for marketing and pricing the offering. Acting as a crucial intermediary between the issuing company and investors, the BRLM ensures compliance with regulatory requirements, manages the IPO process effectively, and aims to maximize its success. In the context of mainline IPOs, these intermediaries are typically referred to as BRLMs, while for SME IPOs, they are called Lead Managers. An IPO can have multiple lead managers, in such case they are referred as "joint book-running lead managers.” #ACMEIPO #IPO #RenewableEnergy #NuvamaBRLM #MainlineIPO #TowardsAGreenerTomorrow #NuvamaLeadManager

📢Great news! EY Capital & Debt Advisory Team provided financial advisory services to OX2 in their first debt raising process for the construction of a PV farm in Poland. OX2 is an experienced developer of renewable projects across Europe. In Poland alone, OX2 has developed, constructed, or will complete projects with a combined power capacity of 640 MW. The Rutki Project, which EY Polska is proud to support, is the first large-scale PV project in Poland that OX2 will not only construct but also retain in its portfolio during the operational stage.   #EY assisted OX2 in securing construction financing, which included the Senior Term Facility, DSR Facility and VAT Facility. The transaction reached financial close at the beginning of December 2024. Key members of the EY team included: Ewa Mochocka and Aleksandra Kerner, with support from Kinga Anna Charpentier.   Congratulations! Read more: https://lnkd.in/dNddGgaz   #EY_Polska #EYSaT #greentransformation #EYSustainability