Sebastian Montoya
This week’s transactions span BESS, offshore wind, solar, biomethane, grid infrastructure and energy services, while potential asset sales and ownership changes keep the market moving.
According to BloombergNEF’s Central and Southeast Europe Energy Market Outlook 2026, solar capacity across six markets in the region is forecast to increase by 93 GW between the end of 2025 and 2036.
However, falling prices and grid connection constraints are shifting investment focus towards flexibility, with batteries, transmission infrastructure and power purchase agreements becoming increasingly important to project economics.
Deal of the Week: Ares Infrastructure Equity funds have acquired a significant minority stake in Statera Energy’s operational portfolio, marking Ares’s first investment in Europe and highlighting continued institutional interest in flexible energy infrastructure.
Elsewhere:
- Foresight Energy Infrastructure Partners II acquired FRV’s 100 MW / 400 MWh ready-to-build Nivala battery storage project in Finland, with operations expected to begin in the second half of 2028.
- CIP and EDF separately acquired stakes in the 1.1 GW Five Estuaries offshore wind project in the UK, underscoring investor interest in large-scale offshore wind development.
- Acciona is negotiating with Ardian and the EQT–Norges Bank consortium over potential offers for control of Acciona Energía.
And as always, connect with me on LinkedIn to stay on top of Europe’s latest moves.
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Weekly summary | From October 10-16, 2026
The tracker logged 21 energy deals across Europe this week, spanning BESS, offshore wind, solar, grid infrastructure and oil & gas.
Battery storage and infrastructure investment remained prominent. Ares Infrastructure Equity funds acquired a significant minority stake in Statera Energy’s operational portfolio, while Foresight Energy Infrastructure Partners II acquired FRV’s 100 MW / 400 MWh Nivala battery project in Finland.
Offshore wind also featured prominently, with CIP acquiring a 25% stake in the UK’s up to 1.1 GW Five Estuaries project and RWE selling its 33.33% development stake to EDF.
Potential transactions kept the rumour mill active. Acciona is negotiating with Ardian and the EQT–Norges Bank consortium over possible offers for control of Acciona Energía. Galp is considering the sale of its residential customer portfolio in Portugal and Spain, while reports of possible US investor involvement in Nord Stream brought further attention to European gas infrastructure.
BESS
- UK | Statera Energy announced that Ares Infrastructure Equity funds have acquired a significant minority stake in its operational portfolio. The transaction marks the first investment made by Ares Infrastructure Equity in Europe.
- Finland | Foresight Energy Infrastructure Partners II acquired the 100 MW / 400 MWh Nivala project—which is ready for construction—from FRV. It is scheduled to begin operations in the second half of 2028.
Biofuels
- France | The ENGIE Group and the CMA CGM Group, are joining forces to develop a large-scale biomethane production plant in the heart of the industrial port of Le Havre.
- Italy | 100% of Castelleone Biometano Società Agricola was transferred, including its ready-to-build 500 Sm³/h agricultural biomethane plant project
EV Charging Infrastructure
Multiple
- Germany | Bankers prepare €7 billion debt for Siemens Energy unit stake sale
- Spain | Acciona is negotiating with Ardian and the EQT–Norges Bank consortium regarding offers to acquire control of Acciona Energía.
- Europe | L&G and NTR’s clean power transition fund reaches €330m first close. The Fund will look to generate attractive returns for investors through investing in both clean power and electrification enabling infrastructure as the central pillars of European energy security and decarbonisation.
Oil & Gas
- Norway | Kistos Holdings plc has entered into a Sales and Purchase Agreement with Vår Energi ASA to acquire a 10% working interest in the Ringhorne production licences PL 169E, PL 956, and PL 956B.
- Germany | Reuters reported on discussions regarding the possible participation of U.S. investors in the Nord Stream gas pipelines.
Solar
- UK | Octopus Renewables Infrastructure Trust plc has entered into a conditional agreement to acquire Barnsdale Solar Park, a 55 MWp solar project in West Yorkshire, for approximately £34.6 million, including remaining construction costs.
- Italy | MR Wind Srl sold 100% of the share capital of three special-purpose vehicles that own three photovoltaic projects ready for construction. The plants, with a total capacity of approximately 5 MW, are located in Campania.
- Ireland | UK-based independent power producer Elgin has acquired the 40-MWp Kilderry Solar Farm project in County Kilkenny, Ireland, from German renewables developer BayWa r.e.
- Italy | Everest Group, an Italian industrial platform backed by Vam Investments and specializing in the construction of technological systems, has acquired Project Group.
Wind
- UK | CIP has acquired a 25% stake in the up to 1.1GW Five Estuaries offshore wind farm off the Essex and Suffolk coast through its fifth flagship fund, Copenhagen Infrastructure V (CI V).
- Sweden | Dala Vind AB agrees to acquire wind turbines and stakes in three wind farms from Falu Energi & Vatten AB for SEK 56.5 million
- UK | Danish clean energy company Ørsted A/S will take full ownership of the 172-MW Gunfleet Sands 1 and 2 offshore wind farm in the UK, in which it now holds 50.1%.
- Germany | German renewables developer-operator JUWI GmbH has sold the 24-MW, under-construction Gyhum wind farm in Lower Saxony to an investment fund managed by Union Investment.
- Germany | BKW has acquired the Öhringen-Karlsfurt wind farm in Baden-Württemberg. The wind farm is set to go into operation in the first quarter of 2027 and produce more than 80 GWh of renewable electricity annually.
- Sweden | French investment firm Ardian has acquired a 73.2-MW portfolio of operational wind farms in Sweden and Finland through its Clean Energy Evergreen Fund, expanding its Nordic renewable energy holdings to 350 MW.
- UK | RWE has confirmed the sale of its 33.33% lead development stake in the consented 1.1GW Five Estuaries offshore wind farm off east England to EDF.
- Germany | Ocean Breeze Energy (OBE) has completed its acquisition of Germany’s first offshore wind farm, Alpha Ventus, and is preparing to continue operating the 60MW project in the North Sea.
- Germany | PLUTA completed an asset transfer of Grüngold Biogasanlage Pliening KG in Germany through insolvency restructuring, securing the continued operation of its biogas plant.
