Funding and M&A Roundup: RWE Acquires Con Edison Clean Energy Businesses for $6.8 Billion
Brookfield acquires Scout Clean Energy and Standard Solar
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RWE, a renewable energy company, signed a purchase agreement with Con Edison, a renewable energy project developer, to acquire all shares in its subsidiary Con Edison Clean Energy Businesses. The transaction is valued at $6.8 billion. According to RWE, the acquisition almost doubles its operating assets in the U.S to about 7.2 GW.
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Utsav Sinha
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