Renewable Energy Transactions in December 2025

In December 2025, Renewables.digital recorded 20 renewable energy transactions, with a combined capacity of 6,541 MW. By technology: Onshore Wind (11), Solar PV (9), Battery Storage (BESS) (3) and Offshore Wind (2); the most active markets were Germany (4), Australia (2), France (2) and Greece (2). The largest deal by capacity was “ACCIONA Energía sells US and Mexico wind and solar portfolio to MIP for €855 million” (1,621 MW).

  • 20Transactions
  • 6,541 MWTotal capacity
  • 15Countries
  • 8With PPA
  • December 2025Period

Key facts

  • 20 transactions in December 2025, 6,541 MW in total (average 327 MW per deal)
  • Largest deal: ACCIONA Energía sells US and Mexico wind and solar portfolio to MIP for €855 million (1,621 MW, 15 December 2025)
  • Most active buyer: ACWA Power (1 deal)
  • Most active seller: BayWa r.e. (2 deals)
  • Top countries: Germany (4), Australia (2) and France (2)
  • Technologies: Onshore Wind (11), Solar PV (9), Battery Storage (BESS) (3) and Offshore Wind (2)
  • Development status: Operational (9), Under Construction (5) and Under Development (5)
  • 8 of 20 deals include a power purchase agreement (PPA)

All renewable energy transactions in December 2025

DateTransactionTechnologyCapacityCountryBuyerSeller
European Energy sells 50% stake in 27 MW Tsoukes Sarres wind park in Greece to Sampension Onshore Wind 27 MW Greece Sampension European Energy
ACWA Power enters China with acquisition of over 1.25 GW wind power portfolio Onshore Wind 1,250 MW China ACWA Power –
Ørsted sells 55% stake in 632 MW Greater Changhua 2 offshore wind farm to Cathay Offshore Wind 632 MW Taiwan Cathay Life Insurance, Cathay Power Ørsted
SEC acquires and builds 205 MW Delburn Wind Farm in Victoria, Australia Onshore Wind 205 MW Australia SEC (State Electricity Commission of Victoria) OSMI Australia
egg Power Acquires 70 MW Grange Solar Farm Project in Suffolk, UK Solar PV 70 MW United Kingdom egg Power (Liberty Global) PS Renewables
Iberdrola acquires 242 MW Ararat Wind Farm in Victoria, Australia Onshore Wind 242 MW Australia Iberdrola Partners Group; OPTrust
RWE sells 350 MW F.E.W. Baltic II offshore wind project in Poland to PGE Offshore Wind 350 MW Poland PGE RWE Offshore Wind GmbH
ju:niz Energy acquires 250 MW battery storage project from Pacifico Energy Partners Battery Storage (BESS) 250 MW Germany ju:niz Energy Pacifico Energy Partners
BayWa r.e. sells largest floating PV project in the Netherlands Floating Solar PV 46 MW Netherlands Enerzjyk Skûlenboarch, Friesland Green Energy Fund BayWa r.e., GroenLeven
Altus Power acquires 234 MW distributed solar and storage portfolio from Greenbacker Solar PV, Battery Storage (BESS) 234 MW United States Altus Power Greenbacker Renewable Energy Corporation
Equitix acquires 87 MW El Castillar and Joluga hybrid wind projects in Spain Onshore Wind, Solar PV, Battery Storage (BESS) 87 MW Spain Equitix Capital Energy
ENCAVIS acquires 34 MW Bebensee wind farm from PNE in Germany Onshore Wind 34 MW Germany Encavis AG PNE Group
TotalEnergies sells 50% stake in 424 MW wind and solar portfolio in Greece for €508 million Solar PV, Onshore Wind 424 MW Greece Asterion Industrial Partners TotalEnergies
Greenvolt sells 253.1 MW onshore wind project in Romania to ENGIE Onshore Wind 253 MW Romania ENGIE Romania Greenvolt
Qair acquires Eno Energy’s French subsidiary and 260 MW European wind pipeline Onshore Wind 260 MW France, Germany, Belgium Qair Eno Energy
Eurowind Energy acquires biogas, wind and solar assets in Denmark and Poland Onshore Wind, Solar PV, Biomass 382 MW Poland; Denmark Eurowind Energy Sabowind
Visiolar sells 95 MWp Ready-to-Build solar project in Brandenburg to Sunovis Solar PV 95 MW Germany Sunovis GmbH Visiolar GmbH
ACCIONA Energía sells US and Mexico wind and solar portfolio to MIP for €855 million Solar PV, Onshore Wind 1,621 MW United States, Mexico Mexico Infrastructure Partners (MIP) ACCIONA Energía
BayWa r.e. sells 44 MWp solar portfolio in France to Heling enr Solar PV 44 MW France Heling enr BayWa r.e.
Downing Acquires Two Ready-to-Build Solar Projects of ~35 MWp in Devon and Shropshire, UK Solar PV 35 MW United Kingdom Downing –

Largest transactions by capacity

Most active buyers

#CompanyDeals as buyerCapacityTechnologiesCountries
1 Mexico Infrastructure Partners 1 1,621 MW Onshore Wind, Solar PV Mexico, United States
2 ACWA Power 1 1,250 MW Onshore Wind China
3 Cathay Life Insurance 1 632 MW Offshore Wind Taiwan
4 Cathay Power 1 632 MW Offshore Wind Taiwan
5 Asterion Industrial Partners 1 424 MW Onshore Wind, Solar PV Greece
6 Eurowind Energy 1 382 MW Biomass, Onshore Wind, Solar PV Denmark, Poland
7 PGE 1 350 MW Offshore Wind Poland
8 Qair 1 260 MW Onshore Wind Belgium, France, Germany
9 ENGIE Romania 1 253 MW Onshore Wind Romania
10 ju:niz Energy 1 250 MW Battery Storage (BESS) Germany

Most active sellers

#CompanyDeals as sellerCapacityTechnologiesCountries
1 BayWa r.e. 2 90 MW Floating Solar PV, Solar PV France, Netherlands
2 Acciona Energía 1 1,621 MW Onshore Wind, Solar PV Mexico, United States
3 Ørsted 1 632 MW Offshore Wind Taiwan
4 TotalEnergies 1 424 MW Onshore Wind, Solar PV Greece
5 Sabowind 1 382 MW Biomass, Onshore Wind, Solar PV Denmark, Poland
6 RWE Offshore Wind GmbH 1 350 MW Offshore Wind Poland
7 Eno Energy 1 260 MW Onshore Wind Belgium, France, Germany
8 Greenvolt 1 253 MW Onshore Wind Romania
9 Pacifico Energy Partners 1 250 MW Battery Storage (BESS) Germany
10 OPTrust 1 242 MW Onshore Wind Australia

Questions & answers

How many renewable energy transactions in December 2025 are listed?

Renewables.digital currently lists 20 renewable energy transactions in December 2025 in December 2025, with a combined capacity of 6,541 MW.

Who are the most active buyers of renewable energy in December 2025?

ACWA Power (1), Altus Power (1) and Asterion Industrial Partners (1) (number of deals).

Who are the most active sellers?

BayWa r.e. (2), Acciona Energía (1) and Capital Energy (1) (number of deals).

What is the largest of the renewable energy transactions in December 2025?

ACCIONA Energía sells US and Mexico wind and solar portfolio to MIP for €855 million with 1,621 MW (15 December 2025).

Deal summaries

egg Power Acquires 70 MW Grange Solar Farm Project in Suffolk, UK

19 December 2025 · 70 MW · United Kingdom

egg Power, Liberty Global’s clean energy investment platform, has acquired the 70 MW Grange solar farm project in Suffolk from PS Renewables. Construction is set to begin in January 2026, with the project supplying clean power via corporate PPAs to Liberty Global’s UK operations.

Iberdrola acquires 242 MW Ararat Wind Farm in Victoria, Australia

19 December 2025 · 242 MW · Australia

Iberdrola has agreed to acquire 100% of the 242 MW Ararat Wind Farm in Victoria, Australia, from Partners Group and OPTrust. The operational wind farm supplies most of its output under long-term PPAs and supports Iberdrola’s €1 billion investment plan in Australia.

BayWa r.e. sells largest floating PV project in the Netherlands

18 December 2025 · 46 MW · Netherlands

BayWa r.e. and GroenLeven have sold a 46 MWp floating solar project in Friesland to a local energy cooperative, the municipality of Tytsjerksteradiel and the Friesland Clean Energy Fund. The project will become the largest floating PV plant in the Netherlands.

Equitix acquires 87 MW El Castillar and Joluga hybrid wind projects in Spain

18 December 2025 · 87 MW · Spain

Equitix has acquired a majority stake in the 87 MW El Castillar and Joluga wind farms in Spain from Capital Energy. The assets, located in Castilla-La Mancha and Navarre, include solar PV and battery storage hybridisation projects under development as part of Equitix’s Spanish hybrid renewables platform.

ENCAVIS acquires 34 MW Bebensee wind farm from PNE in Germany

17 December 2025 · 34 MW · Germany

ENCAVIS has acquired the 34 MW Bebensee onshore wind farm in Schleswig-Holstein from PNE. The operational project consists of five Nordex turbines and benefits from a 20-year EEG feed-in tariff, strengthening ENCAVIS’ German wind portfolio.

Greenvolt sells 253.1 MW onshore wind project in Romania to ENGIE

17 December 2025 · 253 MW · Romania

Greenvolt Group has agreed to sell a 253.1 MW onshore wind project under construction in Ialomița County, Romania, to ENGIE Romania. The project, one of the largest in the country, includes a 15-year CfD and is expected to be completed in 2027.

Eurowind Energy acquires biogas, wind and solar assets in Denmark and Poland

15 December 2025 · 382 MW · Poland; Denmark

Eurowind Energy has strengthened its European renewable portfolio by acquiring a stake in the Ausumgaard biogas and wind energy park in Denmark and purchasing operating wind assets plus a 370 MW wind and solar development portfolio in Poland from Sabowind.

Visiolar sells 95 MWp Ready-to-Build solar project in Brandenburg to Sunovis

15 December 2025 · 95 MW · Germany

Visiolar has sold a 95 MWp Ready-to-Build solar project in Brandenburg to Sunovis, a Brookfield Renewable Partners platform. The transaction is one of the few large-scale, construction-ready PV deals in the current German market, with construction planned to start immediately.

Downing Acquires Two Ready-to-Build Solar Projects of ~35 MWp in Devon and Shropshire, UK

4 December 2025 · 35 MW · United Kingdom

Downing has acquired two fully consented, ready-to-build solar PV projects in Devon (~15 MWp) and Shropshire (~20 MWp), UK. Both projects benefit from 40-year land leases, 15-year Contracts-for-Difference (CfDs), and are scheduled to commission in 2027. Once operational, the combined ~35 MWp portfolio is expected to power approximately 12,000 homes and offset around 14,600 tonnes of CO₂ annually.

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Data as of 2 October 2026. The overview covers the transactions currently listed in the Renewables.digital database; each deal links to its original public source.