NPM identified 11 significant Renewable Energy and Data Centre transactions across APAC for the week ended October 17, 2026, highlighting continued activity in M&A, financing, and capital markets.

Mergers & Acquisitions (Project & Corporate):

Sojitz pursues Australian energy acquisitions – Sojitz actively evaluates multiple acquisition opportunities in Australia, including adjacent and bolt-on businesses, to support the continued growth of its Sojitz Energy Solutions Australia subsidiary across HVAC design, power, heating, cooling, and energy retailing operations.

Pdg sells Indonesia data centre – Princeton Digital Group (PDG) agrees to sell its Indonesia enterprise data centre business, including five operational facilities across Greater Jakarta, Bandung, Surabaya, and Pekanbaru, to PT SMPlus Digital Investama (SM+), while continuing to focus on expanding its 400 MW hyperscale data centre portfolio in Indonesia, subject to customary closing conditions.

PEP backs Energy Bay growth – Pacific Equity Partners Secure Assets Fund II agrees to acquire a 30% stake in Energy Bay, primarily through a growth capital injection, strengthening the company’s expansion and long-term development plans.

Equity Capital Raise:

AirTrunk delays Singapore REIT IPO – AirTrunk delays its planned Singapore REIT IPO to 2027 amid elevated interest rates, market volatility, and cautious investor sentiment, while continuing to seek capital-recycling strategies to fund new data centre developments across the Asia-Pacific region.

Financing (Debt & Greenfield):

Helios Solar plans MYR 2bn sukuk – Helios Solar plans to issue up to MYR 2bn in sukuk bonds by 2Q27 to partially finance its MYR 5.5bn, 1 GW solar and 1,600 MWh battery project in Kelantan, Malaysia, while pursuing CRESS-based offtake agreements and additional financing pathways.

Stack Infrastructure AUD 8.6bn DC loan – Stack Infrastructure is nearing the close of an AUD 8.6bn loan backed by a syndicate of 11 banks, with the financing fully underwritten and currently in the documentation stage.

ReNew secures FMO renewable funding – ReNew secures a USD 100 million, 10-year financing facility from FMO under India’s Voluntary Retention Route framework, enabling the company to fund under-construction renewable energy projects across its portfolio while strengthening access to long-term international capital and diversifying its funding sources.

Delorean bioenergy project financing process – Delorean Corporation enters into a non-binding financing agreement and mandate with Westpac for AUD 20m to support the development of the NSW1 Horsley Park Bioenergy Project.

Revera explores debt financing for battery – Carlyle-owned Revera Energy is approaching financial markets to secure debt financing for a utility-scale battery project in Australia, with the company self-advising on the fundraising process as it advances its renewable energy storage portfolio.

CrossBoundary seeks debt for renewables – CrossBoundary Energy appoints Leeuwin Capital to raise debt financing for four off-grid renewable energy projects in Western Australia.

ADB finances India’s green ammonia – Asian Development Bank (ADB) and the Government of Japan provide financing support to AM Green Ammonia (India) Private Limited for the development of a 1.1 million-tonne-per-year green ammonia plant in India, including a USD 100m loan backed by Japan International Cooperation Agency (JICA), marking the first investment under the ACCEL initiative and enabling the conversion of an existing natural gas-based facility into a renewable-powered green ammonia production plant serving domestic and export markets.