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MidOcean Energy → PETRONAS' North Montney Upstream Joint Venture and North Montney LNG Limited Partnership · Natural Gas & NGL MidOcean Energy → JERA Gorgon Pty Ltd. · Natural Gas & NGL Hull Street Energy → Lee County and Tait Electric generating stations · Power and Utilities Standard Solar → EDF Renewables' Bluebonnet Project · Renewable Energy Standard Solar → EDF's Lehigh Valley solar project · Renewable Energy Desjardins → EDF Renewables' stake in Cypress 1 & 2 Wind Projects · Renewable Energy Axium Infrastructure → Capital Power's wind projects portfolio · Renewable Energy Rockland Capital LP → Chamon and Port Comfort Power Plants · Power and Utilities NEO Energy → ExxonMobil's upstream assets in UK North Sea $1B+ · Oil and Gas Harvest Midstream → MPLX's Rockies gathering and processing assets $1.0B · Oil and Gas MPLX LP → BANGL $715M · Natural Gas & NGL Ardian → Hydropower company in Peru · Renewable Energy MidOcean Energy → PETRONAS' North Montney Upstream Joint Venture and North Montney LNG Limited Partnership · Natural Gas & NGL MidOcean Energy → JERA Gorgon Pty Ltd. · Natural Gas & NGL Hull Street Energy → Lee County and Tait Electric generating stations · Power and Utilities Standard Solar → EDF Renewables' Bluebonnet Project · Renewable Energy Standard Solar → EDF's Lehigh Valley solar project · Renewable Energy Desjardins → EDF Renewables' stake in Cypress 1 & 2 Wind Projects · Renewable Energy Axium Infrastructure → Capital Power's wind projects portfolio · Renewable Energy Rockland Capital LP → Chamon and Port Comfort Power Plants · Power and Utilities NEO Energy → ExxonMobil's upstream assets in UK North Sea $1B+ · Oil and Gas Harvest Midstream → MPLX's Rockies gathering and processing assets $1.0B · Oil and Gas MPLX LP → BANGL $715M · Natural Gas & NGL Ardian → Hydropower company in Peru · Renewable Energy

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Renewable Energy Solar Manufacturing Acquisition Completed

Reliance New Energy Solar Acquires REC Solar Holdings AS

Acquirer

Reliance New Energy Solar Limited

→

Target

REC Solar Holdings AS

2021

Year

🇮🇳🇳🇴 India, Norway

Country

Acquisition

Deal Type

$X.XB

Deal Value 🔒

Sector

Solar

Subsector

Solar Manufacturing

Industry

Renewable Energy

Date Added

May 9, 2026

Status

Completed

🔒

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Deal Description

Reliance New Energy Solar Limited (RNESL), a subsidiary of Reliance Industries, completed the acquisition of REC Solar Holdings AS from China National Bluestar (Group) Co. for $771 million enterprise value.

REC Solar is one of the world's leading solar cell, panel, and polysilicon manufacturing companies, with industry-leading heterojunction (HJT) cell technology and 25 years of manufacturing experience.

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