M&A Tracker
European renewable energy transactions and deal flow
Closed Deals
16
Total Value
€13.7B
Total Capacity
12.3 GW
Avg EV/MW
€1,132k
Monthly Deal Flow
Transaction value and volume by month
By Technology
Deal value distribution by technology type
Buyer Type Analysis
Transaction activity by buyer category
Transactions
20 transactions
Date | Transaction | Parties | Value | Capacity | Status |
|---|---|---|---|---|---|
| 10 Dec 2025 | SSE Scottish Offshore Wind Farm Share Sale Minority StakeOffshore Wind🇬🇧 | TBD SSE Renewables | €3,500M €2,500k/MW | 1.4 GW 25% stake | Announced |
| 1 Dec 2025 | Equinor Baltic Sea Offshore Wind JV Joint VentureOffshore Wind🇵🇱 | Equinor Baltic Power (Orlen/Northland) | €1,800M €1,800k/MW | 1.0 GW 50% stake | Announced |
| 28 Nov 2025 | Shell UK Offshore Wind Exit DivestitureOffshore Wind🇬🇧 | TBD (Competitive Process) Shell | €2,200M €2,200k/MW | 1.0 GW 100% stake | Under review |
| 15 Nov 2025 | Orsted US Offshore Wind Portfolio Sale DivestitureOffshore WindUS | Stonepeak Partners Orsted | €2,800M €1,120k/MW | 2.5 GW 50% stake | Closed |
| 20 Oct 2025 | RWE German Offshore Wind Farm Sale DivestitureOffshore Wind🇩🇪 | TBD (Multiple Bidders) RWE | €1,600M €2,000k/MW | 800 MW 49% stake | Under review |
| 5 Oct 2025 | Brookfield German Solar Platform Platform SaleSolar PV🇩🇪 | Brookfield Renewable Encavis | €1,200M €800k/MW | 1.5 GW 100% stake | Closed |
| 20 Sept 2025 | Iberdrola UK Onshore Wind Acquisition AcquisitionOnshore Wind🇬🇧 | Iberdrola Fred. Olsen Renewables | €850M €1,214k/MW | 700 MW 100% stake | Closed |
| 8 Sept 2025 | Aker Horizons Norwegian Wind Exit DivestitureOnshore Wind🇳🇴 | Hitec Vision Aker Horizons | €280M €1,400k/MW | 200 MW 100% stake | Closed |
| 30 Aug 2025 | Meridiam Romanian Solar AcquisitionSolar PV🇷🇴 | Meridiam Enel | €180M €600k/MW | 300 MW 100% stake | Closed |
| 12 Aug 2025 | Copenhagen Infrastructure Partners - Polish Wind AcquisitionOnshore Wind🇵🇱 | Copenhagen Infrastructure Partners Polenergia | €450M €900k/MW | 500 MW 49% stake | Closed |
| 18 Jul 2025 | TotalEnergies Spanish Solar Acquisition AcquisitionSolar PV🇪🇸 | TotalEnergies Ignis Energia | €650M €650k/MW | 1.0 GW 100% stake | Closed |
| 12 Jul 2025 | OMERS Czech Wind Acquisition AcquisitionOnshore Wind🇨🇿 | OMERS Infrastructure CEZ | €220M €1,100k/MW | 200 MW 100% stake | Closed |
| 25 Jun 2025 | CDPQ Nordic Wind Portfolio AcquisitionOnshore Wind🇸🇪 🇫🇮 | CDPQ OX2 | €780M €1,300k/MW | 600 MW 80% stake | Closed |
| 10 May 2025 | Macquarie French Solar Portfolio AcquisitionSolar PV🇫🇷 | Macquarie Asset Management Neoen | €520M €740k/MW | 700 MW 100% stake | Closed |
| 15 Apr 2025 | Enel Italian Wind Divestiture DivestitureOnshore Wind🇮🇹 | PGGM Enel Green Power | €600M €1,500k/MW | 400 MW 49% stake | Closed |
| 22 Mar 2025 | KKR Portuguese Solar & Storage AcquisitionHybrid🇵🇹 | KKR EDP Renovaveis | €380M €633k/MW | 600 MW 100% stake | Closed |
| 14 Feb 2025 | APG Dutch Offshore Wind Stake Minority StakeOffshore Wind🇳🇱 | APG Asset Management Vattenfall | €2,800M €1,867k/MW | 1.5 GW 25.2% stake | Closed |
| 30 Jan 2025 | Blackstone Greek Solar Platform Platform SaleSolar PV🇬🇷 | Blackstone Infrastructure Mytilineos | €420M €525k/MW | 800 MW 100% stake | Closed |
| 18 Dec 2024 | GIC Irish Wind Portfolio AcquisitionOnshore Wind🇮🇪 | GIC Greencoat Renewables | €340M €1,360k/MW | 250 MW 100% stake | Closed |
| 5 Nov 2024 | AXA IM Belgian Offshore Wind AcquisitionOffshore Wind🇧🇪 | AXA IM Alts Parkwind | €1,200M €2,400k/MW | 500 MW 25% stake | Closed |