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Month: March 2023

The financing consists of $75 million in construction-to-term from MUFG Bank and a $105 million tax equity commitment from Wells Fargo.
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Zelestra Closes $176 Million Financing for Babilonia Solar Project

Leeward Renewable Energy Secures Funding for 200 MW Solar Project in Texas

  • March 17, 2023
  • Sohini Aich
  • Solar

Leeward Renewable Energy, a renewable energy project developer, closed $280 million in financing for its 200 MW  Horizon solar project in Frio County, Texas. The

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Offshore Pumped Hydro Storage Startup Sizeable Energy Raises $8 Million

Battery Recycling Company Green Li-ion Raises $20.5 Million in Pre-Series B funding

  • March 17, 2023
  • Sohini Aich
  • Storage

Green Li-ion, a lithium-ion battery recycling technology company, raised $20.5 million in Pre-Series B funding bringing the total funding raised to approximately $36 million. The

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Zelestra Closes $176 Million Financing for Babilonia Solar Project

Scale Microgrids Acquires 100 MW of Community Solar Projects in New York

  • March 16, 2023
  • Sohini Aich
  • Solar

Scale Microgrids, a distributed energy developer, has agreed to acquire 100 MW of New York community solar projects from CSG-Gutami, a renewable project developer. Scale

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Independent Power Producer Amarenco Raises $321 Million

  • March 16, 2023
  • Arjun Pradeep
  • Solar

Amarenco, an independent power producer, secured €300 million (~$321 million) in funding. The funding round was led by Arjun Infrastructure Partners, a European asset manager,

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Funding and M&A Roundup: Okovate Acquires Assets of Fundusol

Funding and M&A Roundup: Navisun Raises $235 Million for Solar Projects

  • March 15, 2023
  • Arjun Pradeep
  • Solar, Storage

Navisun, an independent power producer, announced it has secured up to $235 million in debt financing through two facilities. The funding will support the company’s

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Project Finance Brief: CWP Europe Acquires 134 MW Solar Project in Romania

  • March 15, 2023
  • Sohini Aich
  • Solar, Storage

CWP Europe, an international renewable energy project developer, acquired the 134 MW Studina solar project under development in Romania. The project construction is set to

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OYA Renewables Secures $216 Million Loan for Solar Projects

Navisun Secures $235 Million Debt for Solar and Storage Projects in the US

  • March 14, 2023
  • Sohini Aich
  • Solar

Navisun, an independent power producer, secured up to $235 million in debt financing through two facilities. The funding will support the company’s growth strategy, allowing

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CWP Europe Acquires 134 MW of Solar Project in Romania

  • March 14, 2023
  • Sohini Aich
  • Solar

CWP Europe, a solar, wind, and battery storage project developer, acquired the 134 MW Studina solar project in Romania. The project is currently under development,

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Scale Microgrids Raises $225 Million to Scale Up its Distributed Energy Solutions

  • March 14, 2023
  • Arjun Pradeep
  • Smart Grid

Scale Microgrids, a commercial-scale distributed energy developer, announced closing its $225 million debt facility, which will help the company build and operate future projects. The

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EV Charging Provider Indra Raises $21 Million in Series B Funding

  • March 13, 2023
  • Arjun Pradeep
  • Smart Grid

Indra, an electric vehicle charging and energy technology company, has announced that it has secured over £20 million (~$21 million) in Series B Funding. The

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