All entries in the Energy sector, newest first. tag:eurotrack.ai,2026:en:en/sectors/energy 2026-10-31T06:00:00Z Eurotrack tag:eurotrack.ai,2026:551f1edc:en 2026-10-31T06:00:00Z

The Aargau solar installer Go Smart Solution AG has gone bankrupt: its general meeting decided on 6 October 2026 to cease trading, and about 40 employees lose their jobs. The company cites margin pressure, higher procurement costs and sharply lower demand; the search for investors failed. According to former employees, staff learned of the closure only on the day bankruptcy was opened (cash.ch, Blick, 31 Oct 2026). — Source: https://www.cash.ch/news/top-news/aargauer-solarfirma-pleite-40-angestellte-stehen-auf-der-strasse-980450

tag:eurotrack.ai,2026:03effd1a:en 2026-10-28T06:00:00Z

GE Vernova is buying Trench Group, a Berlin-based maker of high-voltage components, from private equity firm Triton for US$9.0bn, funded half from cash and half from debt; Trench has more than 3,000 employees. Closing is expected at the end of 2027 (GE Vernova, 28 October 2026; second source: Börsen-Zeitung, 28 October 2026). — Sources: https://gevernova.com/news/press-releases/ge-vernova-acquire-trench-group · https://www.boersen-zeitung.de/unternehmen-branchen/triton-gibt-berliner-energietechnikfirma-trench-group-fuer-9-mrd-dollar-ab

tag:eurotrack.ai,2026:d8908a74:en 2026-10-22T06:00:00Z

Addtech Energy is taking over 100% of UK-based Connectors & Switchgear, which makes high-voltage connections and components for substations and switchgear. It has 42 employees who move with the business and annual sales of about £10m, and joins Allied Insulators; the transfer takes place on the day of the notice and Addtech gives no price (Addtech, release, 22 Oct 2026). — Source: https://news.cision.com/se/addtech/r/addtech-forvarvar-connectors---switchgear-ltd,c4413707

tag:eurotrack.ai,2026:7f28edb4:en 2026-10-22T06:00:00Z

Nearing Visabeira, the telecoms and energy services arm of the Visabeira group, has taken a majority stake in Portuguese Anywind, which provides engineering and life-cycle services for wind assets. The founders remain co-owners and in management; Anywind is to carry the group's onshore and offshore projects, and the parties give no price (Jornal de Negócios, 22 Oct 2026). — Source: https://www.jornaldenegocios.pt/empresas/energia/detalhe/nearing-visabeira-compra-posicao-maioritaria-na-empresa-de-energias-renovaveis-anywind

tag:eurotrack.ai,2026:091f54f9:en 2026-10-20T06:00:00Z

Gulf Keystone and ShaMaran signed a Bermuda statutory merger agreement on 20 October 2026; ShaMaran shareholders receive new Gulf Keystone shares worth about US$601m, and Gulf Keystone is to pay its own shareholders a US$50m special dividend at closing. The combined group would hold 323 MMbbl of 2P reserves and produce about 53,000 barrels a day, and plans to move to the main market of Oslo Børs and later end its London listing. The largest shareholders on each side (the Lundin family at ShaMaran, Lansdowne Partners at Gulf Keystone) intend to vote in favour; completion is subject to customary conditions (Gulf Keystone, exchange release, 20 Oct 2026). — Source: https://newsweb.oslobors.no/message/684374

tag:eurotrack.ai,2026:edaa2172:en 2026-10-14T06:00:00Z

UK-based Kistos has signed a sale and purchase agreement with Vår Energi for a 10% working interest in three production licences in the Norwegian Balder-Ringhorne area; the upfront payment is USD 12.9m (effective 1 January 2026). It adds 4.3 mmboe net (reserves and resources combined), with the resource volumes expected on stream from 2029. Completion still needs approval from the Norwegian Ministry of Energy (Kistos, exchange announcement, 14 Oct 2026). — Source: https://newsweb.oslobors.no/message/684045

tag:eurotrack.ai,2026:ce65f2b6:en 2026-10-07T06:00:00Z

ČEZ subsidiary ČEZ Invest Slovensko signed the contract on 7 October 2026 to sell its 49% stake in the project company JESS for €189m (about CZK 4.6bn) to state-owned JAVYS, which already holds 51%; the Slovak state thus takes sole control of the planned new nuclear power plant at Jaslovské Bohunice. The two partners set up JESS in 2009; Robert Fico's government now wants the new reactor built under state ownership. The price had caused a dispute with the economy ministry before a further valuation confirmed the original figure. ČEZ expects settlement within days (e15.cz, 7 Oct 2026). — Sources: https://www.e15.cz/byznys/prumysl-a-energetika/cez-konci-v-projektu-nove-slovenske-jaderne-elektrarny-fico-ziska-plnou-kontrolu-1436361 · https://oenergetice.cz/en/nuclear-power/cez-set-to-exit-jess-bratislava-earmarks-czk-4-6-billion-for-buyout

tag:eurotrack.ai,2026:866a93c3:en 2026-10-02T06:00:00Z

VESS Modules has opened a fully automated photovoltaic module plant in Kardzhali with an initial annual capacity of 1 GW; the investment is €15m, 200 jobs have been created, and an expansion to 3 GW is planned. The investor calls it the first fully automated module plant of this size in the EU; Deputy Economy Minister Krasimir Yakimov attended the opening (Balkan Green Energy News, 2 Oct 2026). — Source: https://balkangreenenergynews.com/vess-modules-opens-1-gw-solar-panel-factory-in-bulgaria/

tag:eurotrack.ai,2026:56ada408:en 2026-10-02T06:00:00Z

Italgas has signed a binding agreement with Marubeni and Toho Gas to buy all shares in Meet Europe Natural Gas, which holds 22.5% of Portuguese gas distribution operator Floene; the equity value is around €120m. Floene runs a network of roughly 14,000 km serving some 1.1m active users, including the concession for the Lisbon metropolitan area; completion is subject to regulatory approvals (Italgas, 02.10.2026). — Source: https://www.italgas.it/en/press-releases-price-sensitive/italgas-signs-a-binding-agreement-with-marubeni-and-toho-gas-to-acquire-a-22-5-stake-in-floene/

tag:eurotrack.ai,2026:1fe68419:en 2026-10-01T06:00:00Z

On 1 October 2026 JSW announced it will cut its workforce by 4,248 from 20,135 (end of March) to below 16,000 by year-end, about 2,200 departures in the third and 1,400 in the fourth quarter. This works through mining leave for over 3,000 employees and severance for almost 1,200; the cuts are part of the 2026–2035 restructuring plan. According to Parkiet the group needs about PLN 2bn of liquidity by year-end (Notes from Poland, 2 Oct 2026; Parkiet, 23 Oct 2026). — Sources: https://notesfrompoland.com/2026/10/02/polish-coal-mining-giant-jsw-to-shed-4200-jobs-21-of-its-workforce-this-year/ · https://www.parkiet.com/surowce-i-paliwa/art44909631-prezes-jsw-w-sejmie-spolka-potrzebuje-2-mld-zl-pozyczki

tag:eurotrack.ai,2026:83305052:en 2026-10-01T06:00:00Z

According to Handelsblatt, Leipzig-based photovoltaics provider Energiekonzepte Deutschland, which has installed more than 45,000 solar systems for private households, has to file for insolvency, with applications planned for seven group companies. The trigger was reportedly the withdrawal of a financing commitment by the lender Pemberton. Regional media say around 340 employees at the Leipzig and Taucha sites are affected; a confirmed insolvency filing had not been reported at the time of writing (report; Handelsblatt, 1 Oct 2026; second source: Taucha kompakt, 30 Sep 2026). Update (6 Oct 2026): Six EKD group companies have filed for insolvency at the Leipzig local court, which appointed Lucas Flöther (Flöther & Wissing) as provisional administrator; the seventh company, ES Energiesysteme of Edermünde, is due to follow. Operations continue for now and the wages of the roughly 400 permanent staff are covered for three months by insolvency pay; restructuring options, including an investor, are to be examined before proceedings are expected to open on 1 Dec 2026 (pv magazine). — Sources: https://www.handelsblatt.com/unternehmen/energie/solarenergie-solarspezialist-energiekonzepte-deutschland-meldet-insolvenz-an/100258988.html · https://www.taucha-kompakt.de/energiekonzepte-deutschland-soll-morgen-insolvenz-anmelden--340-mitarbeiter-betroffen/cnt-id-ps-53cf4d63-a505-4809-9a65-7896913810dc · https://www.pv-magazine.de/2026/10/06/vorlaeufiger-insolvenzverwalter-fuehrt-geschaeftsbetrieb-von-ekd-weiter/

tag:eurotrack.ai,2026:ca285616:en 2026-09-30T06:00:00Z

Polish entrepreneurs including Rafał Brzoska, Mati Staniszewski and Michał Brański put in PLN 500m (about €114m); with PLN 1.35bn from foreign investors, funding is secured for two years. The plan covers BWRX-300 reactors, up to 26 in Poland and 14 at three UK sites; the joint venture with Orlen is to be able to build two reactors after an agreement in September (Notes from Poland, 1 Oct 2026). — Source: https://notesfrompoland.com/2026/10/01/leading-polish-business-owners-invest-in-small-nuclear-reactor-venture/

tag:eurotrack.ai,2026:ae897736:en 2026-09-25T06:00:00Z

UFI Hydrogen, the hydrogen arm of the UFI Filters group, formally inaugurated its industrial and technology site in Serravalle di Ala (Trentino) on 25 September 2026; on 14,000 sq m (6,000 sq m of it covered), operating since the first quarter of 2025, the company combines development, testing, industrialisation and production of components for electrolysers and fuel cells. Around €50m of investment is planned by 2029, and the local workforce is to grow gradually to about 100 people (ANSA, 25 September 2026; second source: Adnkronos, 25 September 2026). — Source: https://www.ansa.it/sito/notizie/economia/2026/09/25/ufi-hydrogen-inaugura-in-trentino-il-nuovo-polo-per-le-tecnologie-dellidrogeno_15ccbe82-490e-4b85-a98d-a6b9e9a0160d.html

tag:eurotrack.ai,2026:a23a6583:en 2026-09-25T06:00:00Z

On 25.09.2026 Dublin-based power management group Eaton agreed to buy COL Group, an Italian maker of medium-voltage distribution equipment (including SF₆-free switchgear, grid automation and modular power systems), from Oaktree's Power Opportunities strategy at an enterprise value of €810m. COL Group has about 400 employees at sites in Turin, Milan, Bergamo and Catania and forecasts sales of €250m for 2027; Eaton aims to expand its manufacturing for data centre and utility customers in Europe. Closing is expected in the first quarter of 2027, subject to regulatory approvals (Eaton press release via Yahoo Finance, 25.09.2026). — Source: https://finance.yahoo.com/technology/articles/eaton-signs-agreement-acquire-col-104500822.html

tag:eurotrack.ai,2026:7274828d:en 2026-09-25T06:00:00Z

On 25.09.2026 Genel Energy raised its offer for Capricorn Energy to USD 5.74 per share (USD 4.75 in cash plus a USD 0.99 special dividend), worth about USD 436m and roughly 10% above DNO's bid (entry b79f2fc4). Capricorn's board withdrew its recommendation of DNO with immediate effect and now backs Genel; irrevocable undertakings cover about 39.1% of the share capital. Egypt's competition authority has already approved the deal, and the scheme is expected to become effective in the fourth quarter of 2026 (Capricorn stock exchange announcement via Investegate, 25.09.2026). Update (19.10.2026): Capricorn confirmed on 16 Oct 2026 that the court meeting and general meeting for the DNO scheme were adjourned indefinitely; the DNO offer is thus moot and the higher Genel offer remains (AJ Bell/Alliance News, 16 Oct 2026). — Source: https://www.investegate.co.uk/announcement/rns/capricorn-energy--cne/increased-cash-offer-for-capricorn-by-genel-energy/9791073

tag:eurotrack.ai,2026:f7c0d69c:en 2026-09-23T06:00:00Z

Škoda JS and Rolls-Royce SMR agree on exclusive development and supply of control-rod drives for the small reactors, first as a prototype and then in series preparation. Industry Minister Havlíček put the value at about CZK 1bn per contract, with follow-on orders expected to be larger; the first Czech SMR is planned for Temelín in the mid-2030s (oEnergetice, 23 Sep 2026). — Source: https://oenergetice.cz/en/nuclear-power/czech-nuclear-industry-celebrates-success-as-skoda-js-joins-rolls-royce-smr-project

tag:eurotrack.ai,2026:aba7c766:en 2026-09-17T06:00:00Z

SMA Solar Technology opened its new "Gigawatt Factory" at its Niestetal (Hesse) headquarters on 17 Sept 2026; the company puts the investment at around €80 million, of which roughly €50 million is leasing expenditure and €30 million for production infrastructure and equipment. At full capacity the plant, on a 46,000 m² site, reaches an annual production capacity of more than 60 gigawatts of inverters. SMA gave no figure for newly created jobs (pv magazine, 17 Sept 2026). — Source: https://www.pv-magazine.de/2026/09/17/sma-eroeffnet-80-millionen-euro-teure-gigawatt-factory-in-deutschland/

tag:eurotrack.ai,2026:17d7b44c:en 2026-09-16T06:00:00Z

On 16 September 2026 RWE agreed to acquire a further 3% of M31 Beteiligungsgesellschaft, which holds 74.9% of transmission system operator Amprion; RWE's pro-rata interest in Amprion thus rises from 55% to around 58% and RWE becomes M31's majority shareholder. The remaining 25.1% of Amprion is held by RWE Alkaios, a joint venture of RWE and Apollo. Amprion remains an independent transmission system operator under the unbundling rules; the investment continues to be accounted for at equity, the price was not disclosed and completion is subject to regulatory approvals. Follow-up to entries 5804ee6f (cartel clearance 17 July 2026) and fa26b729 (completion 27 July 2026, 55%); no additional volume recorded (RWE press release via EuropaWire, 17 September 2026). — Source: https://news.europawire.eu/rwe-further-increases-indirect-stake-in-amprion-to-around-58-and-becomes-majority-shareholder-of-m31/eu-press-release/2026/09/17/15/55/17/180871/

tag:eurotrack.ai,2026:c58ef4cd:en 2026-09-14T06:00:00Z

On 14 September 2026 Uniper signed an agreement to sell its 20% stake in the roughly 470 km OPAL gas pipeline (Lubmin to Brandov, Czech Republic) to hydrogen investor Hy24 (Clean Hydrogen Infrastructure Fund). The sale fulfils a condition of the Uniper stabilisation package approved by the European Commission on 20 December 2022. No price was disclosed; completion is subject to regulatory approvals and to a co-shareholder's right of first refusal. The pipeline is to be converted to hydrogen and become part of Germany's hydrogen core network (Leadersnet, 14 Sep 2026). Update (22 September 2026): According to JUVE, co-owner Gascade Gastransport, which holds the remaining 80% of the pipeline, did not use its contractual pre-emption right; regulatory clearances and completion are still pending (JUVE, 22 September 2026, https://www.juve.de/deals/white-case-mandantin-uebernimmt-uniper-anteil-an-pipeline-opal/). — Source: https://www.leadersnet.de/news/103659,uniper-verkauft-opal-anteil-an-wasserstoffinvestor-hy24.html

tag:eurotrack.ai,2026:af1d2a4e:en 2026-09-11T06:00:00Z

Masdar (Abu Dhabi Future Energy Company) and Hamburg-based infrastructure investor Luxcara signed a memorandum of understanding during a UAE state visit to Germany to jointly invest more than €5 billion in battery storage, offshore wind power and other technologies in Germany; no specific individual projects were named. Masdar aims for 100 GW of renewable capacity worldwide by 2030. Single-source reporting (pv-magazine.de, 11 Sep 2026) — investment exceeds €5 billion, a second independent source was not found. Second source: Recharge, 11 September 2026; in parallel Masdar signed an MoU with RWE on joint bids in future German offshore auctions (indicatively over €3 billion). — Sources: https://www.pv-magazine.de/2026/09/11/masdar-und-luxcara-wollen-gemeinsam-5-milliarden-euro-in-batteriespeicher-und-offshore-windkraft-in-deutschland-investieren/ · https://www.rechargenews.com/offshore-wind/masdar-strikes-8bn-in-german-offshore-wind-and-battery-investment-pacts/2-1-2042689

tag:eurotrack.ai,2026:ad2b17bf:en 2026-09-11T06:00:00Z

On 11 September 2026 Ericsson launched a collective dismissal procedure for 131 employees (56 staff, 64 middle managers, 11 executives) at its Erzelli research site in Genoa, closing its entire R&D Optical department and part of another R&D unit. The company cites the ongoing decline of the Italian telecoms market as the reason (ANSA, 11 Sept 2026). — Source: https://www.ansa.it/liguria/notizie/2026/09/11/ericsson-avvia-licenziamento-collettivo-per-131-dipendenti-a-genova_9590db2a-2b4c-42bf-bccf-46d32e57330d.html

tag:eurotrack.ai,2026:8f5c8d39:en 2026-09-09T06:00:00Z

As part of the site reorganization announced on 9 September 2026 in the Eure department, Schneider Electric is investing over €150 million in a new consolidated site in Évreux by 2029, merging the Le Vaudreuil and Pacy-sur-Eure plants (about 800 jobs combined); in parallel, the Beaumont-le-Roger site will close in 2030 and Chasseneuil-du-Poitou in March 2028 (see linked closures entry) (titrespresse.com, 9 Sept 2026). — Source: https://www.ici.fr/normandie/eure-27/evreux/fusion-de-sites-150-millions-d-euros-d-investissement-schneider-electric-reorganise-de-ses-activites-de-l-eure-7254129

tag:eurotrack.ai,2026:0e051996:en 2026-09-09T06:00:00Z

Schneider Electric announced on 9 September 2026 the closure of its Chasseneuil-du-Poitou plant (Vienne, 145 employees) for March 2028. At the same time, the Beaumont-le-Roger site (Eure) is to close in 2030 and be merged, together with the Le Vaudreuil and Pacy-sur-Eure plants (about 800 jobs combined), into a new site in Évreux (see linked expansions entry); relocation offers are planned for affected staff (titrespresse.com, 9 Sept 2026). — Source: https://www.ici.fr/nouvelle-aquitaine/vienne-86/chasseneuil-du-poitou/schneider-electric-annonce-la-fermeture-de-son-usine-de-chasseneuil-du-poitou-145-salaries-vises-par-un-plan-social-3744639

tag:eurotrack.ai,2026:fa74b7ed:en 2026-09-07T06:00:00Z

Hamburg-based solar park operator and developer Enerparc AG filed for insolvency in early September 2026; the Hamburg district court appointed lawyer Stefan Denkhaus as preliminary insolvency administrator on 7 September 2026. Around 380 of the group's roughly 700 employees are directly affected by the holding company's insolvency — just six months after the firm had secured financing of up to EUR 1 billion (pv magazine, 7 September 2026). Update (15 Sept 2026): Provisional administrator Stefan Denkhaus named the trigger as a project-related financing for solar projects with battery storage that collapsed at the end of June 2026 — explicitly not the financing package of up to EUR 1 billion announced in March 2026. Enerparc was subsequently unable to meet its obligations for ordered supplies. Sister companies Pvwerk and Sonnen Tiefbau are now also in provisional self-administered insolvency. Of the 90 solar plants under construction, the 14 to 15 most advanced projects are being examined as a priority to see whether they can continue to be built during the proceedings; an investor process is to start shortly (pv magazine, 15 Sept 2026). — Source: https://www.pv-magazine.de/2026/09/07/enerparc-muss-insolvenz-anmelden/

tag:eurotrack.ai,2026:b79f2fc4:en 2026-09-01T06:00:00Z

Norwegian oil and gas producer DNO announced on 1 September 2026 a cash offer recommended by the Capricorn board for Edinburgh-based Capricorn Energy: USD 4.224 per share in cash plus a USD 0.99 special dividend, together USD 5.214 (about 384 pence) per share or an equity value of around USD 396 million — a 45% premium to the undisturbed share price. DNO thereby outbids Genel Energy's July offer (USD 4.74 per share, about USD 360 million) and gains entry to Egypt's upstream sector through Capricorn's production interests (Offshore Technology, 1 September 2026). Update (17 Sep 2026): On 17 September 2026 DNO and Capricorn agreed a revised offer structure: instead of $4.224 in cash plus a planned $0.99 special dividend, DNO Bidco pays the full $5.214 per share (about 388p) in cash, and the special dividend falls away. The total value of around $396m is unchanged, and the Capricorn board intends to recommend the revised offer unanimously (AskTraders, 17 Sep 2026). Update (21 Sept 2026): Capricorn Energy published the scheme document for the acquisition by DNO Bidco on 21 September 2026, meeting the UK Takeover Code's 28-day deadline following the 1 September 2026 announcement. The dates of the Court Meeting and General Meeting, and the scheme's effective date, are set out in the offer document and were not stated in the announcement (GlobeNewswire via MENAFN, 21 Sept 2026). Update (25.09.2026): Genel Energy raised its offer to USD 5.74 per share (about USD 436m); Capricorn's board withdrew its recommendation of DNO and now recommends Genel. The DNO offer has not lapsed; the relevant amount is carried by follow-up entry 7274828d (Capricorn stock exchange announcement via Investegate, 25.09.2026). Update (28.09.2026): DNO declared the terms of its USD 5.214 per share cash offer final — it ruled out raising it in response to Genel's USD 5.74 and will not switch to a contractual takeover offer. DNO therefore remains below the Genel offer, which Capricorn's board recommends (follow-up entry 7274828d) (ADVFN, 28.09.2026: https://uk.advfn.com/market-news/article/23609/capricorn-energy-shares-fall-as-dno-declares-5-214-offer-final). — Source: https://www.dno.no/en/investors/announcements/recommended-cash-acquisition-of-capricorn-energy-plc-2026-09-01/

tag:eurotrack.ai,2026:f1d131b3:en 2026-08-10T06:00:00Z

Nomad Capital Group, registered only at the end of March 2026 with €50,000 of capital, notified the Bulgarian competition authority on 10 Aug 2026 of its intention to buy the idled Maritsa East 3 lignite plant, the country's second-largest coal-fired plant, and its operator. According to the authority the buyer currently conducts no business operations; the plant has been idle since April 2025, when the state offtake contract expired. The source gives neither price nor stakes (BTA, 11 Aug 2026). — Source: https://www.bta.bg/en/news/1183661-recently-registered-company-states-intention-to-acquire-bulgaria-s-second-larges

tag:eurotrack.ai,2026:35c5a54f:en 2026-08-07T06:00:00Z

Greek utility PPC (ΔΕΗ) announced on 7 August 2026 a strategic agreement with Germany's ABO Energy GmbH & Co. KGaA to acquire its country subsidiaries ABO Energy Polska and ABO Energy Hungary along with their development teams. The portfolio comprises 29 project companies holding 99 MW of solar capacity in operation or nearing completion plus more than 2 GW of solar, wind and battery storage projects at various stages of development; no transaction value was disclosed. The move follows PPC's recent entries into Hungary (a 57.5 MW solar park) and Poland (a 277.3 MW portfolio) and serves its 2026–2030 strategic plan, which targets expansion into Hungary, Poland and Slovakia. Update (18 Sept 2026): Closing of the Polish leg is now expected in September 2026 and of the Hungarian leg (ABO Energy Hungary) in the fourth quarter of 2026; both remain subject to customary conditions including regulatory approvals. No completion has been confirmed so far (ot.gr, 18 Sept 2026). Update (18 Sep 2026): PPC reported on 18 Sep 2026 the completion of the Polish leg — the acquisition of 17 Polish ABO Energy subsidiaries with solar, wind and storage projects of up to 1.2 GW (including a 17 MW solar farm under construction). The Hungarian leg (project portfolio of around 1.1 GW) is still subject to regulatory approvals expected in the fourth quarter of 2026 (Börse Express, 19 Sep 2026). — Source: https://www.newsit.gr/oikonomia/megales-epixeiriseis/i-dei-ekleise-symfonia-gia-erga-ape-ano-ton-2-gw-se-polonia-kai-ouggaria/4746390/

tag:eurotrack.ai,2026:da569e0c:en 2026-08-06T06:00:00Z

Partners Group is taking a majority of AVK, a UK provider of back-up power and microgrid solutions for data centres, on behalf of clients and plans to invest more than US$1bn of equity initially; management keeps a minority stake (Partners Group, 6 August 2026; second source: Data Center Dynamics). Update (30 September 2026): the European Commission cleared the deal as case M.12604 (European Commission, Daily News, 30 September 2026). — Sources: https://www.finanzwire.com/press-release/partners-group-to-become-majority-shareholder-in-data-center-power-solutions-provider-avk-and-accelerate-future-growth-UlCynQ3LXSe · https://www.datacenterdynamics.com/en/news/partners-group-to-invest-1bn-in-avk-to-help-scale-its-microgrid-offering-for-data-center-market/ · https://ec.europa.eu/commission/presscorner/detail/en/mex_26_2021

tag:eurotrack.ai,2026:45d347c1:en 2026-08-05T06:00:00Z

French investment group Meridiam becomes majority shareholder, with 66%, of the project company behind the Greece-Cyprus subsea power cable, while Greek grid operator Admie keeps the remaining third. The project is estimated at €1.9bn; whether Cyprus itself becomes a shareholder will only be decided after a financing study by the European Investment Bank, expected by year-end. The sources give no purchase price (Cyprus Mail, 6 Aug 2026; second source: Protothema, 5 Aug 2026). — Sources: https://cyprus-mail.com/2026/08/06/french-investors-entry-gives-great-sea-interconnector-new-momentum-damianos-says · https://en.protothema.gr/2026/08/05/france-strengthens-greece-cyprus-power-link-as-meridiam-acquires-majority-stake/

tag:eurotrack.ai,2026:32e203c1:en 2026-08-03T06:00:00Z

TotalEnergies is acquiring Shell's entire European onshore renewables business: around 500MW of solar and wind capacity in operation or under construction, mainly in Italy and the Netherlands, plus a 3.5GW development pipeline of solar, wind and battery storage projects in Italy, the United Kingdom and Spain — roughly 4GW in total. The purchase price was not disclosed. Completion is expected by the end of 2026, subject to regulatory approval. TotalEnergies already has nearly 10GW of installed or under-construction renewables capacity in Europe and 27GW under development. Second source: TotalEnergies press release of 3 August 2026. — Source: https://www.shell.com/news-and-insights/newsroom/news-and-media-releases/2026/shell-signs-agreement-to-sell-european-onshore-renewables-portfolio-to-totalenergies.html

tag:eurotrack.ai,2026:ab47f653:en 2026-08-03T06:00:00Z

Alongside the Shell acquisition, TotalEnergies is selling a 50% stake in a largely developed 1.2GW portfolio of onshore solar and wind assets in Germany, Spain, France and Poland to an insurance account managed by KKR. The portfolio's enterprise value is €1.8bn. TotalEnergies retains the other 50% and will continue to operate the assets; the electricity is already sold to third parties or will be marketed by TotalEnergies. Completion is expected in 2026. The partial sale is part of the group's business model of farming down developed renewables portfolios year after year to free up capital for new projects. — Source: https://totalenergies.com/newsroom/renewables-in-europe-totalenergies-acquires-shells-renewables-business-and-sells-a-50-stake-in-a-portfolio-of-developed-assets-to-kkr/?lang=eng

tag:eurotrack.ai,2026:2c9186c0:en 2026-08-01T06:00:00Z

Spanish energy group Endesa announced on 1 August 2026 that it will cut 230 jobs — around 1.4% of its Spanish workforce of about 16,500. The cuts fall mainly on structural and corporate functions; the company cites the adaptation of its business model to the energy transition and the growing digitalisation of its operational processes. €208m is earmarked for the programme (an average of roughly €900,000 per departure). The consultation period begins in early August with a first meeting on 8 August 2026 and is legally capped at one month; an agreement is targeted before year-end, with the first departures expected from the first quarter of 2027. Reported detail on voluntariness: the report cites sources saying participation is to be 'strictly voluntary' — unions CC.OO. and UGT are demanding explicit guarantees to that effect, along with commitments on generational renewal and against outsourcing. — Source: https://www.catalunyapress.es/articulo/economia/2026-08-01/5972592-endesa-reducira-plantilla-230-trabajadores

tag:eurotrack.ai,2026:1770e31d:en 2026-07-31T06:00:00Z

Norwegian renewable energy group Scatec is acquiring the ready-to-build 77 MW Urleasca onshore wind project in Brăila county, south-eastern Romania, from Swedish developer OX2. Total investment is around €168 m (excluding VAT), financed with non-recourse debt and equity at roughly 60% leverage. About 43 MW is secured under a state contract-for-difference at an average €71.3/MWh, with the remaining 34 MW sold on the Romanian wholesale power market. Financial close is targeted for the third quarter of 2026 and commissioning for the second half of 2028. The deal marks Scatec's entry into European onshore wind; the group is already building the 190 MW Dobrun and Sadova solar projects in Romania. — Source: https://www.scatec.com/en/scatec-acquires-77-mw-onshore-wind-project-in-romania/

tag:eurotrack.ai,2026:6e5cc4bf:en 2026-07-31T06:00:00Z

Hungary's MOL is acquiring from Shell the company BG Cyprus, which holds 35% of the non-operated Aphrodite gas field; the price is up to USD 720m including milestone-linked payments. The field holds about 104 bcm of gas; Chevron operates it (35%) and NewMed holds 30%. A final investment decision is planned for 2027 and first gas for 2031 via a 250 km pipeline to Egypt. Closing is expected in early 2027 and needs regulatory approvals (World Oil, 31 Jul 2026). — Source: https://www.worldoil.com/news/2026/7/31/shell-sells-aphrodite-gas-field-stake-to-mol-in-deal-worth-up-to-720-million/

tag:eurotrack.ai,2026:36c234d4:en 2026-07-30T06:00:00Z

Danish wind turbine component maker Jupiter Bach is building a 1,000 sqm assembly hall on roughly one hectare in Cuxhaven for nacelle bases — core structural components of wind turbines — with a further 1,000 sqm extension planned. The state of Lower Saxony is supporting the facility, costing up to €4.5m, with a €650,000 grant; completion and start of operations are scheduled for early 2027. Until then an interim production line runs at Cuxport, right next to the Siemens Gamesa plant, currently turning out about four nacelle bases per week. The announcement gives no figure for jobs created. — Source: https://www.stadt-und-werk.de/k21-meldungen/land-foerdert-produktionsstaette-fuer-windenergieanlagen/

tag:eurotrack.ai,2026:e31af606:en 2026-07-29T06:00:00Z

The UK Competition and Markets Authority formally opened a phase 1 merger inquiry on 29 July 2026 into Macquarie Asset Management's acquisition of Scottish metering and grid connection operator Energy Assets Group. The deadline for the phase 1 decision is 25 September 2026. Sellers include Asterion Industrial Partners (Madrid), EDF Invest (France) and Swiss Life. Update (25.09.2026): In its phase 1 decision the CMA found that the deal may substantially lessen competition; the case moves to an in-depth phase 2 investigation unless the parties offer acceptable remedies. The authority declined to refer the merger under the special regime for energy network mergers (CMA case page, 25.09.2026). Update (9 Oct 2026): Macquarie has offered the CMA, as a remedy, to sell Energy Assets Group's non-domestic, non-smart gas metering business to an approved purchaser; the CMA will assess the offer within 40 working days, including third-party feedback, and may otherwise still refer the case to phase 2 (AJ Bell, 9 Oct 2026). — Sources: https://www.gov.uk/cma-cases/macquarie-asset-management-slash-energy-assets-group-merger-inquiry · https://www.ajbell.co.uk/news/articles/uk-regulator-considering-macquarie-offer-sell-eag-metering-arm

tag:eurotrack.ai,2026:e4b762a5:en 2026-07-27T06:00:00Z

GE Vernova is modernising its gas turbine plant in Veresegyház for USD 24.5m — including robotic welding cells and a thermal barrier coating facility — and is adding a solar park and an energy storage unit at the site. More than 80 new skilled workers (CNC turners, welders, fitters, assembly technicians) are to be hired. The site is regarded as the group's largest gas turbine manufacturing base outside the United States. So far reported by a single source (Pénzcentrum). — Source: https://www.penzcentrum.hu/vallalkozas/20260727/elkepeszto-fejlesztest-jelentett-be-az-amerikai-vallalat-a-magyarorszagi-gyaraban-rengeteg-uj-dolgozot-is-felvesznek-1202950

tag:eurotrack.ai,2026:1efaddf0:en 2026-07-27T06:00:00Z

Spanish energy group Reolum presented four decarbonisation projects to the regional government of Castile and León: biomass, carbon capture, green hydrogen and green e-methanol. Sources put the combined investment at €2.8bn to €2.85bn and direct employment at around 700. The largest individual schemes are La Robla Green (around €850m, some 200 operational jobs), the plant in the Zamora Norte industrial park at Monfarracinos (around €700m) and Villadangos Green (around €500m, due on stream in the second half of 2026). The projects are at different stages; the figures come from the company's announcement and were reported consistently by several regional outlets. — Source: https://www.elespanol.com/castilla-y-leon/economia/empresas/20260727/empresa-energetica-creara-empleos-directos-invertira-millones-euros-castilla-leon/1003744335447_0.html

tag:eurotrack.ai,2026:fa26b729:en 2026-07-27T06:00:00Z

On 27 July 2026 RWE completed the purchase of further shares in the M31 holding company, taking its indirect stake in transmission system operator Amprion to around 55%. Following the German Federal Cartel Office's unconditional clearance on 17 July 2026, the deal closed in under five weeks from announcement; the purchase price of roughly €3.6 billion went to five existing M31 shareholders. — Source: https://www.energy-pedia.com/news/germany/rwe-successfully-closes-acquisition-of-stake-in-amprion-204735

tag:eurotrack.ai,2026:4397fe54:en 2026-07-27T06:00:00Z

What was reported speculation on 15 July has become a firm offer: shortly before the expiry of the put-up-or-shut-up deadline extended by the UK Takeover Panel, the DCC board unanimously recommended the improved offer from the Energy Capital Partners / KKR consortium on 27 July 2026 (RNS 'RECOMMENDED ACQUISITION OF DCC ENERGY PLC'). The terms are 6,525 pence in cash per share plus a final dividend of 147.22 pence, plus up to a further 125 pence contingent on the proceeds from the sale of the technology division — up to 6,797.22 pence per share in total, or around £5.8 billion. The shareholder meeting is scheduled for September 2026 and the scheme is expected to become effective in the first quarter of 2027. — Source: https://uk.finance.yahoo.com/news/dcc-energy-accepts-improved-5-070100298.html

tag:eurotrack.ai,2026:9aea940b:en 2026-07-24T06:00:00Z

Battery manufacturer Varta AG filed for insolvency under self-administration at the Stuttgart local court on Friday 24 July 2026; the court appointed Stuttgart lawyer Tobias Wahl (Anchor law firm) as preliminary trustee. According to the company the filing is not due to acute illiquidity in ongoing operations but is intended to secure continuation of the business; the household battery business is not covered by the proceedings. The background is falling demand and losses following the loss of a major Apple contract. No job-cut figures were given initially. Update (28 July 2026): VARTA AG and VARTA Microbattery GmbH have moved from the requested self-administration into regular preliminary insolvency proceedings; Tobias Wahl was accordingly appointed preliminary insolvency administrator instead of preliminary custodian. VARTA Storage GmbH and VARTA Micro Production GmbH were already in regular proceedings, and VARTA Consumer Batteries has not filed for insolvency. The company explains the step as reducing complexity given the close intra-group interconnections; business operations continue without restrictions and preserving jobs remains central. The announcement gives no figures for job cuts. Update (11 September 2026): On 11 September 2026 the Stuttgart local court imposed a general disposal ban on VARTA Aktiengesellschaft, VARTA Microbattery GmbH, VARTA Micro Production GmbH and VARTA Storage GmbH. Full authority to manage and dispose of the assets thereby passed to provisional insolvency administrator Tobias Wahl — a marked tightening compared with the previous protective measures (Verbraucherschutzforum Berlin, 11 Sep 2026). Update (01.10.2026): The Stuttgart local court opened insolvency proceedings for VARTA AG, VARTA Microbattery GmbH, VARTA Storage GmbH and VARTA Micro Production GmbH, with Tobias Wahl as insolvency administrator. Around 2,300 people work at the four companies. Wahl expects an investor solution in the coming months, with both financial and industrial investors in the frame; the previously decided closure of button-cell production in Nördlingen, with around 350 jobs, is going ahead (Aktien.news, 1 Oct 2026). — Sources: https://www.handelsblatt.com/unternehmen/industrie/batteriehersteller-varta-beantragt-insolvenz-konzern-vor-der-zerschlagung/100242696.html · https://www.aktien.news/insolvenzverfahren-fur-vier-varta-gesellschaften-offiziell-eroffnet

tag:eurotrack.ai,2026:e1b773d0:en 2026-07-23T06:00:00Z

Floating-wind specialist BW Ideol and NGE, France's fourth-largest construction group, announced an exclusive partnership for the Fos3F project on 23 July 2026: series production of floating concrete foundations for offshore wind on the DEOS platform at the Grand Port Maritime de Marseille in Fos-sur-Mer. According to the companies the investment is just under €200m, with output planned from 2030 at around 30 foundations (roughly 500 MW) per year. The stated figure of more than 1,300 direct jobs is a projection by the two partners. — Source: https://presseagence.fr/fos-sur-mer-eolien-flottant-bw-ideol-et-nge-sallient-pour-une-usine-geante-de-fondations/

tag:eurotrack.ai,2026:56a76658:en 2026-07-23T06:00:00Z

Energy services provider Expro announced on 23 July 2026 that it had completed the acquisition of Norwegian drilling technology specialist Enhanced Drilling for around NOK 2 billion in cash. Enhanced Drilling specialises in managed pressure drilling (MPD), controlled mud level and riserless mud recovery, operating mainly in the North Sea, the Caspian region and the Gulf of Mexico. Expro describes the deal as adding a 'transformational' MPD capability. — Source: https://www.expro.com/media-hub/news/expro-completes-enhanced-drilling-acquisition-adding-transformational-managed-pressure-drilling-capability

tag:eurotrack.ai,2026:fcf0598c:en 2026-07-23T06:00:00Z

British Gas owner Centrica announced on 23 July 2026, alongside its half-year results, that it will cut around 1,300 jobs over two years. About 500 of these are customer-facing contact roles at its Glasgow, Edinburgh, Cardiff, Leicester, Stockport and Leeds sites — roughly 14 percent of its customer operations workforce; the remaining 800 or so are spread across other parts of the business, including outsourced offshore roles. Centrica attributes the overhaul to changed customer behaviour: around 90 percent now use digital channels and inbound contact volumes have fallen 31 percent since 2023, while the group is investing £600 million in an AI-driven overhaul of customer service. Adjusted first-half profit fell 18 percent to £737 million. Unions see AI substitution as the real driver. Confirmed by several outlets (STV News, LSE/Financial News, Bdaily). — Source: https://news.stv.tv/world/british-gas-owner-centrica-plans-overhaul-with-1300-job-cuts-over-two-years

tag:eurotrack.ai,2026:dda14494:en 2026-07-21T06:00:00Z

Spanish utility Iberdrola is acquiring an 80% stake in Caruna, Finland's largest electricity distribution network operator (89,000 km of network, around 1.5 million people served), for roughly €2bn; enterprise value including debt is about €5bn. Nordic pension funds AMF and Elo retain a combined 20%. The deal marks Iberdrola's entry into the Finnish market and expands its regulated networks business, which faces additional investment needs from electrification, data centres and renewables. Completion is expected in the first quarter of 2027, subject to customary approvals. Second sources: Bloomberg and Renewables Now (21/22 July 2026). Update (16.09.2026): The European Commission has cleared Iberdrola's acquisition of sole control of Caruna Networks Oy unconditionally in Phase I — the first regulatory approval for the transaction; Finnish approvals remain outstanding (Moncloa, 16.09.2026: https://www.moncloa.com/2026/09/16/bruselas-autoriza-iberdrola-caruna-3432272/). — Source: https://www.esgtoday.com/iberdrola-acquires-finlands-largest-electricity-distribution-company-at-e5-billion-valuation/

tag:eurotrack.ai,2026:979dc1da:en 2026-07-21T06:00:00Z

ISD Power, the energy and heat supplier of the insolvent Dunai Vasmű (Dunaferr) steelworks in Dunaújváros, announced on 21 July 2026 that it will lay off 150 of its roughly 300 employees. Unions warn that the reduced maintenance crew cannot keep the plant halls heated in winter — impending frost damage would further worsen the already poor prospects of selling the works. State funding for preserving the plant fell from HUF 1bn to 821m between May and July 2026; the main Dunarolling operation had already shrunk from 2,150 to 150 employees by the end of 2025. Second source: Világgazdaság (vg.hu). Follow-up 24 July 2026: the insolvency administrator has withdrawn the collective redundancy. According to Zoltán Magyar, head of the Dunaferr DV Vasas union federation, he and the works council were informed only verbally and without any reasons given; he suspects a link to renewed public attention on the steelworks' situation. The 150 jobs are therefore not being cut for now, though a fresh announcement cannot be ruled out (source: 444.hu citing Telex, 24 July 2026). Update (24 July 2026): The ISD Power liquidator withdrew the announced collective redundancy of 150 workers; the jobs remain for now, though a new attempt cannot be ruled out. (Világgazdaság, 24 July 2026) — Sources: https://www.portfolio.hu/gazdasag/20260721/vegleg-elpusztulhat-a-legendas-magyar-gyar-jon-a-fagy-ami-mindent-tonkretehet-850970 · https://www.vg.hu/cegvilag/2026/07/dunai-vasmu-isd-power-letszamleepites-szakszervezet

tag:eurotrack.ai,2026:fe33893e:en 2026-07-20T06:00:00Z

bp is selling its Austrian filling-station and EV-charging business with around 250 sites (about 115 of them company-owned) to Switzerland's volenergy AG, part of the Volare group; the purchase price was not disclosed. The bp brand will remain at the stations under a licence agreement. Completion is expected by the end of 2026, subject to regulatory approvals. The sale follows bp's exits from fuel retail in the Netherlands (2025), Turkey (2024) and Switzerland (2022). — Source: https://www.bp.com/de_at/austria/home/presse/press-releases/2026-07-20-bp-schliesst-vereinbarung-zum-verkauf-an-volenergy-ag.html

tag:eurotrack.ai,2026:5804ee6f:en 2026-07-17T06:00:00Z

On 17 July 2026 Germany's Federal Cartel Office cleared RWE's acquisition of around 47% of M31 Beteiligungsgesellschaft; RWE's effective stake in transmission system operator Amprion thus rises from about 20% to about 55%. The underlying transaction, announced on 22 June 2026 (purchase price around €3.6bn according to media reports), does not give RWE sole control due to a consortium agreement; the cartel office coordinated unbundling questions with the Federal Network Agency. — Source: https://www.energie-und-management.de/nachrichten/ueberblick/detail/kartellamt-genehmigt-rwe-einstieg-bei-amprion-370737

tag:eurotrack.ai,2026:05f6704b:en 2026-07-15T06:00:00Z

Irish, London-listed energy distributor DCC is reportedly close to accepting the £5.7bn bid from KKR and Energy Capital Partners. The put-up-or-shut-up deadline expired on 15 July and was extended overnight by the Takeover Panel. Major shareholders including Fidelity consider the price too low — reported stage, no firm offer yet. Second source: Irish Times. Update 16.07: after several short extensions the Takeover Panel extended the PUSU deadline to 27 July; the consortium raised its proposal to £67.97 per share (approx. £5.8bn) with a possible increase of up to £106.8m if DCC's technology division sells for more than $800m (sources: Irish Times, Business Post). Update (18 Sep 2026): At the extraordinary general meeting on 18 September 2026, 78.1% of shareholders backed the takeover. Subject to the remaining conditions and sanction of the scheme by the Irish High Court, DCC continues to expect completion in the first quarter of 2027; RTÉ puts the transaction at up to €6.69bn (£5.73bn) (RTÉ, 18 Sep 2026). — Source: https://www.rte.ie/news/business/2026/0715/1583414-dcc/

tag:eurotrack.ai,2026:6300eb2d:en 2026-07-14T06:00:00Z

Chinese-Spanish joint venture TDG Ibernavitas started its first battery/energy-storage production line at the Plaza industrial park in Zaragoza on 14 July (initial capacity 1.5 GWh/year). Plans foresee over €120m investment and up to 800 direct jobs within five years, with a possible expansion to 5 GWh and a cell factory. Also confirmed by elEconomista and El Español. — Source: https://www.aragondigital.es/articulo/zaragoza/gigante-chino-que-eligio-zaragoza-marcha-asi-es-fabrica-que-creara-800-empleos/20260714125703995532.html