Ingka Investments completed the acquisition of 241 MW solar and wind assets of Ib Vogt.

Ingka Investments, the investment arm of Ingka Group engaged in managing diversified assets and strategic businesses that support the long-term growth of IKEA, completed the acquisition of 241 MW solar and wind assets of Ib Vogt, an international renewable energy developer with a pipeline of 50 gw globally specializing in utility-scale solar PV and hybrid renewable projects. Financial terms were not disclosed.