Sembcorp Industries completed its AU$6.5 billion (US$4.32 billion) acquisition of Alinta Energy, adding 3.4GW operational and 10.4GW in development assets to its Australian holdings. The move expands Sembcorp's Renewables East portfolio across China, Southeast Asia and Oceania following regulatory clearances.
The deal ranks among Australia's largest recent utility acquisitions.
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Base Power has raised $1 billion to commercialize its new 39.2-kWh Core home battery that provides up to 36 hours of backup and installs in under an hour. The funding will speed deployment of a system three times larger than typical home batteries that also participates in virtual power plants.
DCC Energy has agreed to a £5.75 billion sale to KKR and Energy Capital Partners, offering shareholders £65.25 per share plus additional payments. The deal highlights surging foreign private equity interest in undervalued UK-listed firms, pushing 2026 M&A to a record $197 billion year-to-date.
Brookfield Asset Management will acquire Aypa Power from Blackstone-managed funds at an enterprise value of approximately US$7 billion, gaining a 6.5GW portfolio plus a development pipeline exceeding 20GW that is 95% contracted under 17-year average terms.
