TerraForm closes 100 MW Concentrated Solar Power buy in Spain

US renewable power producer TerraForm Power has acquired two concentrated solar power (CSP) plants totalling roughly 100 MW in Spain from NextEra Energy Spain Holdings BV, a Netherlands-based unit of NextEra Energy Inc. A wholly-owned unit of TerraForm Power paid a total equity purchase price of EUR 94.1 million (USD [...]

Brookfield-backed TerraForm bids $1.2 billion for Saeta Yield

TerraForm Power, controlled by Canada’s Brookfield Asset Management, has launched a 995 million euro ($1.2 billion) takeover bid for Spanish renewable energy firm Saeta Yield to expand its presence in Western Europe. TerraForm is offering 12.20 euros per share for a 100 percent stake in the solar and wind [...]

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