In February 2026, Renewables.digital recorded 17 renewable energy transactions, with a combined capacity of 6,770 MW. By technology: Onshore Wind (9), Solar PV (9) and Battery Storage (BESS) (7); the most active markets were Finland (4), United States (3), Germany (2) and India (2). The largest deal by capacity was “Octopus Australia Acquires 1.2 GW Hanworth BESS and Dunmore Solar & Battery Projects” (1,350 MW).
17Transactions
6,770 MWTotal capacity
12Countries
3With PPA
February 2026Period
Key facts
17 transactions in February 2026, 6,770 MW in total (average 398 MW per deal)
Luxcara has acquired the Tuisku battery energy storage system (BESS) project in Keminmaa, Southern Lapland, Finland from local developer Pohjan Voima. The fully permitted, construction-ready project has a planned capacity of up to 125 MW and is expected to be among Finland's largest BESS assets. Anchored by a long-term tolling agreement, commercial operation is targeted for summer 2027. The acquisition brings Luxcara's total battery storage capacity under construction to nearly 1 GW.
Climate Fund Managers and Erco Energía have signed an agreement to sell 100% of the Pétalo del Norte de Santander I solar plant in Colombia to Organización Terpel S.A., subject to regulatory approval. The 26.4 MWp solar PV facility in La Esperanza, Norte de Santander, has been operational since August 2025 and generates over 45 GWh of clean energy annually. The transaction marks Climate Fund Managers' first exit in Latin America.
Korkia's development joint venture Biko Renewable Energy has completed the sale of a 10.7 MW portfolio of fully permitted, ready-to-build solar PV assets in Lombardy, Northern Italy. The portfolio comprises three projects: Casnate (4.4 MW), Inveruno (3.5 MW), and Senna Comasco (2.8 MW), including ground-mounted and agri-PV installations. The transaction follows a previous solar asset sale in Italy announced in January 2026.
Exus Renewables has signed an agreement to acquire a 60% stake in nine wind farms in Portugal from Masdar, totalling 164MW after repowering. Located in Guarda and Castelo Branco, the portfolio is undergoing one of Portugal's first large-scale repowering initiatives, with completion expected by 2027. Plans also include the addition of 110MW of solar PV through hybridization, co-developed by both partners.
Iberdrola France has completed the sale of its entire onshore portfolio to French renewable energy group Technique Solaire. The transaction includes 118 MW of operational onshore wind capacity and a development pipeline of 639 MW of onshore wind and solar PV. The deal is part of Iberdrola Group's strategy to focus on regulated networks and long-term contract generation in core markets.
Enel, through its subsidiaries Enel Green Power North America and EGPNA Project Holdco 2, has signed agreements to acquire an 830 MW portfolio of operational wind and solar plants in the United States from Excelsior Energy Capital for approximately $1 billion USD (€850 million). The deal is expected to generate around €125 million per year in additional EBITDA and will bring Enel's North American renewable capacity to approximately 13 GW. Closing is anticipated in Q3 2026.
Ampyr Solar Europe has acquired the East Yorkshire Solar Farm (EYSF), a 530+ MWp solar PV project from BOOM Power Ltd. Located near the Drax power station substation, the project holds a Development Consent Order (DCO) granted in May 2025 and is one of the largest consented solar projects in the UK. Construction and energisation are planned for 2029, with the project expected to power around 100,000 homes.
INOXGFL Group units have won the bid to acquire 600 MW of operational wind IPP capacity and nearly 4.5 GW of O&M assets from bankrupt Wind World India, strengthening their position in the Indian wind market.
KGAL Investment Management has acquired the 14 MW Rekum wind farm repowering project near Bremen, Germany, from Energiequelle. The project will replace existing Enercon turbines with Nordex machines and benefits from a 20-year EEG feed-in tariff.
Portland General Electric (PGE) has agreed to acquire Washington state generation, transmission and electric utility operations from PacifiCorp for $1.9 billion. The deal includes the 477MW Chehalis natural gas plant, the 94MW Goodnoe Hills wind facility, and the 234MW Marengo I & II wind facilities, plus 4,500 miles of transmission and distribution lines serving 140,000 customers. Manulife Investment Management will hold a 49% stake in the newly formed Washington utility subsidiary.
Fu-Gen has closed the sale of its 125 MW ready-to-build Vuolijoki battery energy storage system in Finland to Nala Renewables, marking the first deal under their Finnish BESS framework agreement.
Eolus has completed the all-cash sale of the Roccasecca standalone BESS project (127 MW / 506 MWh) in Boulder City, Nevada to a large undisclosed US IPP for approximately USD 66.9 million. The project is currently under construction and is expected to reach commercial operation in 2026. The deal includes a 15-year tolling agreement and marks Eolus's fifth US project sale.
Alight has acquired two large-scale solar and storage projects in eastern Finland from developer 3Flash, totalling over 200 MW of planned solar capacity. Project 1 is approximately 75 MW with a 30 MW BESS permit, targeting grid connection in 2028. Project 2 is approximately 150 MW targeting grid connection around 2030. The acquisitions bring Alight's Finnish solar and storage development pipeline to over 1 GW.
ACEN has consolidated its joint venture with UPC Renewables to gain 100% ownership of a 1,059 MWdc renewable energy portfolio in India, alongside a nearly 7 GW development pipeline. The move reinforces ACEN’s long-term commitment to India’s clean energy transition.
Nordic Generation has agreed to acquire the project rights for three large-scale onshore wind projects in Finland from Metsähallitus. The Lyypäkki, Konnunsuo and Harsunlehto projects total around 800 MW and will support Finland’s 2035 carbon-neutrality target.
Octopus Australia has acquired the Hanworth Battery Energy Storage System in New South Wales and the Dunmore Solar and Battery project in Queensland. The acquisitions include a planned 1.2 GW / 4.8 GWh battery, set to become Australia’s largest, and a 300 MW solar project paired with 150 MW of battery storage.
3 February 2026 · 578 MW · Ireland, United Kingdom, Germany, Spain
Ørsted has signed an agreement with Copenhagen Infrastructure Partners to divest its entire European onshore renewables business for EUR 1.44 billion. The transaction covers onshore wind, solar PV and battery storage assets across Ireland, the UK, Germany and Spain, with closing expected in Q2 2026.
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.
