Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


BW Solar Sells 76.7 MW Community Solar Project Portfolio to Catalyze

BW Solar Sells 76.7 MW Community Solar Project Portfolio to Catalyze

BW Solar, a solar and storage project developer, announced the sale of 12 community solar projects with a total capacity of 76.7 MW in New York to Catalyze, a clean ...
/ Solar
Globeleq Acquires 48.3% Stake in 25 MW Solar Project in Egypt

Globeleq Acquires 48.3% Stake in 25 MW Solar Project in Egypt

Globeleq, an independent solar power producer, announced the acquisition of a 48.3% equity stake in the 25 MW Winnergy solar project in Egypt. The solar project was acquired from Enerray, ...
/ Solar
Matrix Renewables Secures $192 Million Financing for 239 MW Solar Projects

Matrix Renewables Secures $192 Million Financing for 239 MW Solar Projects

Matrix Renewables, the TPG Rise-backed renewable energy platform, secured €179 million (~$191.54 million) in non-recourse project financing with Banco Sabadell to develop 239 MW of solar projects in Spain. The ...
/ Solar
Exowatt Secures $20 Million for Addressing Data Center Energy Requirements

Exowatt Secures $20 Million for Addressing Data Center Energy Requirements

Exowatt, a provider of thermal energy solutions for data centers, secured $20 million in a seed funding round from a16z, Atomic, and Open AI’s Sam Altman to capitalize on the ...
/ Storage
Funding and M&A Roundup: EV Charging Firm SWTCH Raises $27 Million

Funding and M&A Roundup: EV Charging Firm SWTCH Raises $27 Million

SWTCH Energy, an electric vehicle (EV) charging and energy management solution provider, has closed $27.2 Million in Series B Funding led by Blue Earth Capital with participation from Alantra’s Energy ...
/ Smart Grid, Solar, Storage