Bloomberg Statkraft AS has signed an agreement to buy the London-based renewable energy developer Solarcentury Holdings Ltd, it said in statement. The 118 million-pound ($152 million) deal will hand the Norwegian state-owned utility six gigawatts of solar projects under development in Spain, the Netherlands, the UK, France, Greece, Italy and Chile. “This acquisition is in line with our strategy to …

Bloomberg Australia’s central bank cut interest rates and announced purchases of longer-dated bonds to complement its yield curve control program for shorter-length maturities as it seeks to drive a rapid economic recovery. The Reserve Bank of Australia lowered its key interest rate, yield-curve target and bank lending facility rate to 0.10% from 0.25%, as forecast by an overwhelming majority of …

Bloomberg Germany will take the lion’s share of the assets that lenders are moving out of the UK as a consequence of the Brexit, according to the Bundesbank. Non-German lenders are in the process of moving an additional 397 billion euros ($462 billion) of holdings to the country, taking their combined balance sheet there to 675 billion euros at the …