Renewables M&A in Europe: ACS acquires the Voltan group

Europe’s energy transition continues to drive investment and M&A activity, as renewable energy capacity expands and dealmaking gains momentum across the region.

According to Boston Consulting Group (BCG), European M&A transaction value rose 43% to USD 541 bn in the first eight months of 2026, the fastest growth among major global regions. 

At the same time, the European Commission reported that EU greenhouse gas emissions declined 1.6% in 2025, while combined wind and solar capacity reached 611 GW, representing approximately 49% of the bloc’s total electricity generation capacity.

Against this backdrop, recent transactions include Ecosuntek’s investment in Italy’s H2-Era Green Valley, European Energy’s sale of a 50% stake in its Danish solar portfolio, and acquisitions across solar PV, battery storage and electricity grid infrastructure. 

And the Ideals-M&A Community team compiled the new deals announced during October in the renewable energy sector in Spain and Portugal – and PV magazine has published the full list.

Finally, I’m keen to get to know more of our M&A Teaser audience, so please connect with me on LinkedIn.

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How networking got this Senior Associate her start in dealmaking

In the latest episode of The Deal Track, Charlotte Higgins speaks with Jinkai Chan, a Senior Associate in energy and infrastructure advisory at JLL. 

Jinkai joined as an intern and now advises on M&A deals across Europe, America, and APAC.

She talks about learning finance from scratch, the language and cultural barriers she faced early in her career, and why she thinks networking is a muscle you can train.

Listen today on Spotify or M&A Community.

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Deals summary | November 6-13, 2026

The European energy market recorded 14 deals this week, with activity spanning renewable generation, battery storage, energy infrastructure and conventional power generation.

Solar and battery storage remained key areas of investment. Alter Enersun acquired a 564-MWp photovoltaic portfolio in Italy, while Sonnedix purchased a 37-MWp portfolio of solar parks in France. 

METLEN also agreed to sell four UK solar parks totalling approximately 119 MW to Nala Renewables. In Italy, GreenYellow acquired two photovoltaic plants from Nordic Solar, while Eco Trade invested EURm 1.8 in H2-Era Green Valley, securing an initial 14.42% stake.

Battery storage and solar transactions also featured in the Netherlands and Romania, where Demea and Enovos acquired a 45-MWp solar project with co-located storage, and MetaWealth signed an agreement to acquire a 50-MW/100-MWh standalone battery project. 

In Denmark, European Energy agreed to sell a 50% stake in a 323-MW solar portfolio, while Alight and Infranode agreed to divest a Swedish rooftop PV portfolio to Bright Sunday.

Wind and energy infrastructure transactions rounded out the week’s activity. Dolomiti Energia acquired a wind farm in Sicily, and Pendant Power increased its stake in Italian renewable energy company PLC to 96.8%.

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