E.ON has agreed to acquire a 76.8% stake in energy company Innogy from RWE for €22bn ($27.06bn).
RWE will receive a 16.67% effective participation right in E.ON, as part of the transaction.
Go deeper with GlobalData
E.ON is an electric utility services provider, while RWE is a power generation company.
All the companies involved in the transaction are based in Germany.
E.ON has engaged Perella Weinberg Partners and BNP Paribas as its financial advisers for the transaction, with Linklaters acting as its legal adviser.
RWE appointed Bank of America Merrill Lynch and Citigroup as financial advisers, and Freshfields Bruckhaus Deringer as its legal adviser.
BKW has purchased German radiation protection services provider Technischer Strahlenschutz (TSS).
Based in Switzerland, BKW is a power generation and distribution company.
The acquisition will enable the company to expand its nuclear technology business by utilising TSS’ radiation protection expertise.
CGN Power has agreed to acquire CGN Power Sales from investment company Shenzhen Nengzhihui Investment for CNY212.53m ($30.8m).
The acquirer is a nuclear power generation company, while CGN Power Sales is a holding company involved in power generation and sales.
All the companies involved in the transaction are based in China.
PetersenDean Roofing and Solar Energy has completed the acquisition of Haleakala Solar.
The acquirer company is a US-based privately held company providing solar and roofing services, while the target company is engaged in the installation of solar photovoltaic (PV), water heating systems, and battery storage solutions.
