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Month: March 2022

Grok Ventures and Squadron Energy led the Series B financing round
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Renewable Energy Company Sun Cable Raises $153 Million in Funding

Renewable Energy Company Sun Cable Raises $153 Million in Funding

  • March 14, 2022
  • Ranjitha S
  • Solar

Australia-based Sun Cable, a clean energy company, has raised A$210 million (~$153 million) in a Series B funding round. Grok Ventures and Squadron Energy (a

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Gore Street Acquires 79.2 MW Energy Storage Portfolio in Texas

  • March 14, 2022
  • Staff
  • Storage

Gore Street Energy Storage Fund, an energy storage fund, announced that it would acquire a portfolio of eight energy storage assets in Texas from Perfect

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Ares Management Leads $600 Million Equity Investment in SB Energy

  • March 13, 2022
  • Raj Prabhu
  • Solar

SB Energy Global, a subsidiary of SoftBank Group Corp., and a renewable energy project developer secured $600 million equity investment from funds managed by the

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Banpu Acquires 49.04% Stake in Solar Rooftop Platform Solar Esco

  • March 13, 2022
  • Staff
  • Solar, Storage

BRE Singapore (BRES), a wholly-owned subsidiary of Banpu NEXT Co., in which Banpu holds 50% shareholding, has signed a Shares Subscription Agreement (SSA) to purchase

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DSD Renewables Secures $200 Million Equity Investment from Ares Management

DSD Renewables Secures $200 Million Equity Investment from Ares Management

  • March 13, 2022
  • Ranjitha S
  • Solar

DSD Renewables (DSD) has secured a $200 million preferred equity investment from a fund managed by the Infrastructure and Power strategy of Ares Management Corporation

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Sonnedix Acquires Solar Developer Sun Power Energy

Sonnedix Acquires Solar Developer Sun Power Energy

  • March 13, 2022
  • Ranjitha S
  • Solar

Sonnedix, an independent solar power producer (IPP), has acquired Warsaw-based Sun Power Energy, a solar project developer in Poland. The acquisition gives Sonnedix close to

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Project Finance Brief: Gore Street Acquires 90% Stake in a 22 MW Energy Storage Project

  • March 13, 2022
  • Staff
  • Solar, Storage

London Stock Exchange-listed battery storage investment fund Gore Street has completed the acquisition of a 90% stake in a 22 MW/28 MWh operational energy storage

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Funding and M&A Roundup Sonnedix Acquires Solar Developer Sun Power Energy (1)

Funding and M&A Roundup: Sonnedix Acquires Solar Developer Sun Power Energy

  • March 13, 2022
  • Ranjitha S
  • Solar, Storage

Sonnedix, an independent solar power producer (IPP), has acquired Warsaw-based Sun Power Energy, a solar project developer in Poland. The acquisition gives Sonnedix close to

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GridPoint Closes $75 Million Investment from Goldman Sachs

GridPoint Closes $75 Million Investment from Goldman Sachs

  • March 06, 2022
  • Ranjitha S
  • Storage

GridPoint, a building energy management and optimization technology provider, closed a $75 million strategic capital raise led by the Sustainable Investing Group within Goldman Sachs

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Coreshell Raises $12 Million in Series A Funding

Coreshell Raises $12 Million in Series A Funding

  • March 06, 2022
  • Ranjitha S
  • Storage

Coreshell, a California startup developing nanolayer coating technology for rechargeable batteries and providing technology to solve battery performance issues, raised $12 million in Series A funding.

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