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Month: June 2023

Construction of the project is slated for 2024, with commercial operations commencing in 2025.
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Matrix Renewables Acquires 284 MW Solar Project in Texas

  • June 30
  • Sohini Aich
  • Solar

Matrix Renewables, the TPG Rise-backed renewable energy platform, announced the acquisition of 284 MW of late-stage development of the Stillhouse solar project in Texas from

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Battery Manufacturer Northvolt Raises $400 Million in Funding

Intersect Gets $800 Million Revolving Credit Line for Renewables Portfolio Expansion

  • June 28
  • Sohini Aich
  • Solar

From: Mercom India Intersect Power, a U.S.-based renewable energy company, has closed an $800 million revolving corporate credit facility to support the development, construction, and

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Funding and M&A Roundup: Battery Manufacturer Northvolt Raises $400 Million

  • June 28
  • Arjun Pradeep
  • Solar, Storage

Northvolt, a battery manufacturer, received a $400 million investment from the Investment Management Corporation of Ontario, a Canadian pension fund manager, in collaboration with Global

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Project Finance Brief: Greenbacker Acquires 120 MWh BESS Project in California

  • June 28
  • Sohini Aich
  • Solar, Storage

Sustainable infrastructure investor Greenbacker Capital Management has acquired a 30-MW/120-MWh battery energy storage system project in Imperial County, California, from the solar and storage developer

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Funding and M&A Roundup Solar Developer Amarenco Raises $321 Million

European Energy Sells 20 MW Solar Project in Italy

  • June 27
  • Sohini Aich
  • Solar

European Energy, a solar project developer, signed an agreement with IREN, an Italian energy group, to sell the ready-to-build 20.39 MW Noto solar project in

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Applied Value Group Acquires Solar and Storage Installer ES Solar

  • June 27
  • Sohini Aich
  • Solar

Applied Value Group, an Investment, Management Consulting, and Social Impact group, has announced its acquisition of ES Solar, a residential and commercial solar and battery installer.

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Recurrent Energy Secures $164 Million in Debt Funding

Recurrent Energy Secures $164 Million in Debt Funding

  • June 27
  • Arjun Pradeep
  • Solar, Storage

Recurrent Energy – a utility-scale solar and energy storage developer and a subsidiary of Canadian Solar – secured a €150 million (~$164 million) multicurrency facility from

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Battery Manufacturer Northvolt Raises $400 Million in Funding

Battery Manufacturer Northvolt Raises $400 Million in Funding

  • June 27
  • Arjun Pradeep
  • Storage

Northvolt, a battery manufacturer, received a $400 million investment from the Investment Management Corporation of Ontario (IMCO), a Canadian pension fund manager, in collaboration with

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Corporate Funding for Energy Storage Companies Up 55% with $26.4 Billion in 2022

Greenbacker Acquires 30 MW BESS Project in California

  • June 26
  • Sohini Aich
  • Storage

Sustainable infrastructure investor Greenbacker Capital Management (GCM) has acquired a 30-MW/120-MWh battery energy storage system (BESS) project in Imperial County, California, from solar and storage

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Altus Power Secures $47 Million Funding

  • June 23
  • Sohini Aich
  • Solar

Altus Power, an independent solar power producer, secured an incremental $47 million in debt funding from Blackstone. This total debt will provide long-term fixed-rate financing

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