Asterion Industrial Partners to acquire energy utility STEAG in €2.6bn deal

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Asterion Industrial Partners to acquire energy utility STEAG in €2.6bn deal

Investment management firm Asterion Industrial Partners has acquired the energy utility STEAG from Kommunale Beteiligungsgesellschaft (KSBG), representing municipal utilities across six German cities. The acquisition values STEAG at an impressive €2.6 billion, marking Asterion’s strategic entry into the German energy market. Commitment to Green Energy and Jobs With this acquisition, Asterion aims to supercharge STEAG’s […]

Lightsource bp expands Spanish solar presence with acquisition of 845MW portfolio

By on    Energy Industry News  

Lightsource bp expands Spanish solar presence with acquisition of 845MW portfolio

Lightsource bp, a prominent US-based solar developer, has significantly expanded its footprint in the Spanish solar market with the acquisition of an 845 megawatt (MW) portfolio from local developer Iberia Solar. While the financial details of the transaction remain undisclosed, the strategic acquisition is part of Lightsource bp’s aggressive expansion in Spain’s renewable energy sector. […]