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4 clusters · 23 sources · 25 days · First seen · Last updated

Global renewable energy sector expansion

Overview

The global renewable energy sector continues to expand through large-scale infrastructure developments and strategic acquisitions. In the United States, Enel has finalized its $760 million acquisition of an 810 MW solar portfolio from Excelsior Energy Capital. This transaction is expected to produce an annual output of approximately 1.6 TWh and contribute roughly $90 million per year to Enel’s consolidated ordinary EBITDA. This follows previous agreements made in February 2026 for wind and solar portfolios exceeding 1 GW. Enel aims to exceed 13 GW of installed renewable capacity in North America once remaining wind capacity acquisitions close in the fourth quarter of 2026. Further expanding its US footprint, Enel Green Power North America has finalized the acquisition of a solar photovoltaic portfolio in the Southern United States. The deal involves seven operational plants with a total installed capacity of approximately 270 MW and an average annual output of around 0.4 TWh. Valued at an enterprise value of approximately $140 million, the transaction included an impact on the group's net financial debt of roughly $180 million and is projected to contribute approximately $20 million annually to Enel’s ordinary EBITDA. This acquisition follows a separate purchase of 625 MW of operational solar projects in Utah and Tennessee from Excelsior Energy Capital. In Europe, Qualitas Energy has reached a definitive agreement to acquire Cero Generation’s European platform from Macquarie Group. The 5.8 GW portfolio spans the United Kingdom, Italy, and Spain, comprising over 2 GW of operational or near-ready assets and a 3.8 GW development pipeline. Italy has seen a significant surge in solar capacity, with 3.1 GW installed in the first half of 2026.

Entities

Enel · Excelsior Energy Capital · CDP Equity · Macquarie Group · Poste Italiane

Timeline

  1. [BUSINESS] 6 sources
    Enel finalizes acquisition of 270 MW solar portfolio in the US

    Enel has completed the US$140 million acquisition of a 270 MW solar photovoltaic portfolio in the Southern United States, boosting its renewable energy capacity and expected annual EBITDA.

  2. [BUSINESS] 5 sources
    Enel acquires US solar portfolio for $760 million

    Enel has acquired an 810 MW solar portfolio in the US for $760 million, while GreenIT has started production at two new solar plants in Italy's Piedmont region.

  3. [BUSINESS] 2 sources
    Enel acquires 810 MW solar portfolio in the US for $760 million

    Enel has acquired an 810 MW solar portfolio from Excelsior Energy Capital for $760 million to expand its North American renewable capacity.

  4. [BUSINESS] 10 sources
    Renewable energy sector sees major global acquisitions and expansions

    Global renewable energy markets are expanding through major deals, including Enel’s $760M US solar acquisition and Qualitas Energy’s purchase of Cero Generation’s European platform.

Sources

affaritaliani.it · canaleenergia.com · corrieredelleconomia.it · corriereirpinia.it · countryski.com · cyprusshippingnews.com · ecodallecitta.it · energyglobal.com · evertiq.com · lachirico.it · lamiafinanza.it · liberoquotidiano.it · mercomindia.com · mpost.io · ntacalabria.it · progettoitalianews.net · pv-magazine-usa.com · pv-tech.org · secoloditalia.it · snewsonline.com · teleborsa.it · trapanisi.it · webwire.com

This summary has been updated 4 times: see revision history