Author
Sebastian Montoya
Sebastian Montoya
Hello,
Welcome to this week’s Teaser Energy Europe, a concise, curated roundup of M&A, joint ventures, and strategic investments powering Europe’s energy transition.
In this edition: battery storage moves in Germany, Poland and the UK; green hydrogen platforms and IPCEI-backed projects across Germany, Denmark and the Netherlands; solar asset rotations and agri-PV in Italy, Spain and Germany; wind portfolio deals and new platforms from Ireland to Southeast Europe (plus EV charging and bio-fuels).
We’ll keep you up-to-date with the most relevant developments each week. And if you’d like more context or trend deep-dives, feel free to connect with me on LinkedIn.
Battery storage
- Germany | Foresight Group is eyeing investments in the German battery storage market, targeting short-term, high-yield opportunities from ancillary services in its early-stage phase. Partner Richard Thompson noted that while these markets tend to saturate quickly, they currently offer significantly higher returns, making timing a key factor in the strategy.
- Poland | GoldenPeaks Capital has acquired two battery energy storage projects totaling 54 MW / 216 MWh, both awarded 17-year capacity market contracts in the 2024 auction, expanding its Polish BESS portfolio to 124 MW and positioning BESS as a strategic growth pillar.
- United Kingdom | The National Wealth Fund to invest £50m in AMP Clean Energy alongside majority owner Asterion Industrial Partners, accelerating the rollout of community-scale battery storage and industrial decarbonisation projects across the UK.
EV
- Switzerland | Dongguan Mentech Optical & Magnetic will acquire a 60% stake in ABB E-mobility’s AC charging unit, ChargeDot, with ABB retaining 40% and refocusing on ultra high-power DC charging; deal closing is expected in Q4 2025 pending regulatory approvals.
- United Kingdom | Igraine PLC has signed a collaboration agreement with Homerun Resources’ European arm to develop UK EV charging infrastructure integrated with battery storage, starting with a pilot for a major automotive manufacturer and targeting rapid-deployment commercial solutions for fleet and C&I clients.
Hydrogen
- Denmark | GeoPura has acquired assets and staff from bankrupt Green Hydrogen Systems, establishing GeoPura (Europe) as a Danish electrolyser support hub to maintain its A-Series fleet and expand operations beyond the UK.
- Germany | Copenhagen Infrastructure Partners has acquired a 70% stake in H2APEX’s IPCEI-backed Lubmin hydrogen project, securing funding for its first 100 MW phase targeting 10,000 tpa of green hydrogen production by 2028, with feed-in to the Flow pipeline and plans to scale to over 1 GW long term.
- Netherlands | The EU has approved DIF Management and Virya Energy’s joint takeover of hydrogen producer Dhyve, which via VoltH2 is developing six green hydrogen plants in the Netherlands and Germany totaling over 500MW for completion between 2027–2029, finding no competition concerns under the EU Merger Regulation.
- United Kingdom | Four Zeros Energy and Norway-based Vergia have partnered to develop a UK-wide portfolio of green hydrogen projects, starting with the St Austell facility in Cornwall shortlisted under HAR2, aimed at replacing natural gas in local mining operations and supporting the UK’s 10GW low-carbon hydrogen target by 2030.
Solar
- Europe | AMPECO and Peblar have expanded their partnership to integrate advanced solar-optimized charging across Europe, combining Peblar’s smart charging hardware with AMPECO’s management platform.
- Germany | Capcora has advised Orrön Energy on the sale of a 76 MWp Agri-PV project in Mecklenburg-Western Pomerania to Saxovent Renewables. Completed in just 16 weeks from launch to signing, the transaction underscores Capcora’s ability to deliver competitive, efficient processes in high-demand segments.
- Germany | Turkey’s Galata Wind has acquired two Bavarian Agri-PV solar projects (21 MW) with co-located BESS, boosting its German pipeline to 83 MW and total planned European capacity to 92 MW by 2026.
- Italy | Green Utility has agreed to acquire Mareccio Energia from Basalt Infrastructure Partners, adding a 61 MW portfolio of 66 operational solar PV plants across Puglia, Umbria, and Sicily, with plans for revamping and repowering to support its goal of tripling capacity to over 170 MW within a year.
- Italy | NextEnergy Capital’s NextPower V ESG fund has acquired a 73 MW agrivoltaic project in Campania, the country’s largest to date, securing a 20-year CfD and restoring 140 ha of land, with over 70% dedicated to agriculture alongside solar power generation.
- Italy | Zenith Energy, via subsidiary WESOLAR, has agreed to acquire a 10 MWp agrivoltaic solar project in Lazio for €1.3 m, including land purchase, with Ready-to-Build status targeted within 12 months, expanding its Italian solar portfolio to 20.5 MWp across four assets.
- Spain | EDP, via its 71.3%-owned subsidiary EDP Renováveis, to sell a 229 MWdc solar portfolio in Andalucía and Castilla y León to Prosolia Energy for €160 million, advancing its 2025 asset rotation plan with €0.8 billion in proceeds secured year-to-date.
- Spain | Sonnedix has acquired the 12.6 MWp Boreal PV project in Badajoz from Nordic Solar, securing long-term revenue under Spain’s Feed-in Tariff scheme and expanding its national operating capacity to over 1.25 GW.
Wind
- Germany | Encavis AG has acquired the 34 MW Sundern-Allendorf wind farm under construction from PNE AG, expanding its German wind portfolio by 160 MW over 10 months; the project is due online in H1 2026 with a 20-year EEG feed-in tariff.
- Germany | Koehler Renewable Energy and CMB Energy have formed KB Renewables, an 80:20 joint venture targeting 1 GW of installed wind capacity by 2030 through greenfield development and acquisitions, with potential expansion into solar and storage.
- Ireland | HitecVision has launched Lirion Power with the €80m debt-backed acquisition of a 166 MW wind portfolio from Greencoat Renewables, marking the platform’s entry into enhancing mid-life onshore wind assets through co-location, repowering, and selective development.
- Italy | Sixth Street to acquire 38% stake in Sorgenia from Asterion Industrial Partners and F2i for ~€1.52bn, supporting the utility’s pan-European expansion and concurrent acquisition of EF Solare and Spanish renewables developer Renovalia.
- Romania & Bulgaria | HELLENiQ ENERGY has acquired two ready-to-build wind projects in Eastern Romania totaling 282 MW, both with secured or optional BESS capacity, and entered Bulgaria’s RES market via a 123 MWp PV project with optional 90 MW/180 MWh BESS. The deals expand its Southeast Europe portfolio to 1.5 GW, advancing its 2 GW by 2030 target.
- Spain | Intesa Sanpaolo’s IMI Corporate & Investment Banking Division has advised BayWa r.e. on the sale of a 199 MW renewable portfolio in Aragón to Encavis AG. The package comprises three wind farms totaling 142 MW and two PV plants totaling 57 MWp, all located about 40 km from Zaragoza.
- Spain | Masdar, Norges Bank Investment Management, and Fortescue have been shortlisted to acquire a 49% stake in Iberdrola’s €900mn, 1 GW wind and solar Julieta portfolio, as the utility pursues its asset rotation strategy to fund grid investments and reduce debt.
- United Kingdom | JERA and bp have launched JERA Nex bp, a 50:50 joint venture headquartered in London, creating one of the world’s largest offshore wind developers and operators with 13 GW of capacity across operating assets, development projects, and secured leases.
