Funding and M&A Roundup: PNE AG Acquires Majority Stake in Spanish Solar Developer
AIMCo and Railpen acquires a 94% Stake in CES
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
PNE AG, a German power-focused renewables company, has acquired 51% of the shares in Coliaenergia (KOLYA), a Spanish developer of large solar projects from Consultoria Industrial Beaguihe and Garisun Renovables. Kolya’s project pipeline currently totals 1,808 MW, including around 1,004 MW for its development and some 804 MW for third parties. The firm also has identified initial areas for the development of wind projects.
