Back to Teaser

Renewables M&A in Europe: SANY agreed to acquire a 153-MW battery storage project

Energy Europe 6 min read
Author
Sebastian Montoya

Europe’s energy transition continues to attract investment, with 16 deals featuring in our tracker this week.

The European Commission is looking to reinforce that momentum, unveiling a new investment platform expected to mobilise up to EUR 4.5 bn in European guarantees to support renewable energy and clean technology projects across the Mediterranean. The initiative aims to attract private capital, strengthen energy security and accelerate the region’s green transition.

Our deal of the week: China’s SANY agreed to acquire a 153-MW battery energy storage project in Romania, underscoring continued investor interest in storage infrastructure as Europe works to expand its renewable energy capacity.

And as always, connect with me on LinkedIn to stay on top of Europe’s latest moves.



Share your views on VDR pricing for a chance to win $150

One M&A advisor told us they recently received a €90,000 invoice from his virtual data room provider, nearly four times the original quote. We suspect he’s not alone.

We’re surveying dealmakers across the M&A Community to find out how common hidden VDR costs really are. Share your experience in just two minutes.

As a thank you, everyone who takes part will be entered into a prize draw for a $150 Amazon voucher. All responses are confidential.

[Take the survey]


Weekly summary | From October 23-30, 2026

The tracker logged 16 energy deals across Europe this week.

Battery storage continued to attract investment; Greenvolt agreed to sell two Polish BESS projects to A&R Investments, while Ener divested a 30-MW battery project duo in Poland.

SANY also acquired a 153-MW storage project in Romania, and Copenhagen Energy entered the Baltics through the acquisition of a 280-MWh BESS project.

ANNOUNCED DEALSINDUSTRYCOUNTRYBUYER/INVESTORSeller/Counterparty
01

Greenvolt sells two battery storage projects in Poland to A&R Investments

BESS

Poland

A&R Investments

Greenvolt

02

Poland’s Ener divests 30-MW battery project duo at home

BESS

Poland

SC Holding

Ener

03

China’s SANY acquires 153 MW BESS project in Romania

BESS

Romania

SANY

Spark Terminal

04

Copenhagen Energy enters Baltics with 280-MWh BESS project buy

BESS

Lithuania

Copenhagen Energy

–

05

CoreCapital and CIP will acquire the Danish biogas company Lundsby

Biogas

Denmark

CoreCapital

Lundsby

06

Foresight Environmental Infrastructure sells remaining anaerobic digestion stake for EURm 104

Biogas

UK

Future Biogas

Foresight Environmental Infrastructure

07

BioteCH4 Group has acquired five biogas upgrading units from Air Liquide UK

Biogas

UK

BioteCH4 Group

Air Liquide UK

08

Pendant Power S.p.A. has concluded its mandatory tender offer for PLC S.p.A.

Energy services

Italy

Pendant Power S.p.A.

PLC S.p.A.

09

Enviromena acquires 27.5MWp Essex solar project

Solar

UK

Enviromena

Essex

10

Masdar expands portfolio in Greece with major solar project acquisition

Solar

Greece

Masdar

Lightsource bp

11

Skarta Energy sheds 6-MWp Finnish PV project to Solarigo

Solar

Finland

Solarigo

Skarta Energy

12

Enviromena acquired the 18.1 MWp Hebden Green solar project from Anglo Renewables

Solar

UK

Enviromena

Anglo Renewables

13

Capital Dynamics acquires two agrivoltaic projects in Sicily

Solar

Italy

Capital Dynamics

–

14

Croatia’s ENNA Group to acquire solar power project in Romania

Solar + BESS

Romania

ENNA Group

CIC Green Energy Medgidia

15

ZE Energy sold a 49% stake in its hybrid solar and BESS plant in Vert

Solar + BESS

France

Crédit Agricole and Terra Energies

–

16

Nadara acquires 48MW Scottish wind farm

Wind

Scotland

Nadara

Eden Renewables

Solar and wind transactions also featured prominently. Enviromena acquired two UK solar projects, in Essex and Hebden Green, while Croatia’s ENNA Group agreed to acquire a solar project in Romania. Masdar expanded its Greek portfolio, Skarta Energy sold a 6-MWp Finnish PV project to Solarigo, and Capital Dynamics acquired two agrivoltaic projects in Sicily.

Bioenergy rounded out the week’s activity, as CoreCapital and CIP agreed to acquire Danish biogas company Lundsby, Foresight sold its remaining stake in six anaerobic digestion plants to Future Biogas for EUR 104m, and BioteCH4 acquired five biogas upgrading units from Air Liquide UK.


Stay in the loop on M&A rumors and news Subscribe to M&A Teaser