Funding and M&A Roundup: Electriq Power Goes Public via SPAC Deal
Electriq Power, a provider of intelligent energy storage and management for homes and small businesses, announced the completion of its merger with TLG Acquisition One
Energy Storage Firm Flux Power Secures $15 Million Debt Funding
Flux Power Holdings, a developer of lithium-ion-based energy storage solutions, secured a $15 million credit facility from Gibraltar Business Capital (GBC), an asset-based lender for
Matrix Renewables Acquires Controlling Stake in a 261 MW Solar Project
Matrix Renewables, the TPG Rise-backed renewable energy platform, acquired a controlling interest in the 261 MW Pleasant Valley Solar Project from rPlus Energies in Idaho.
Nautilus Solar Energy Acquires a 28.7 MW Community Solar Portfolio in Delaware
Nautilus Solar Energy, a community solar company, acquired a 28.7 MW portfolio of six community solar projects in Delaware from TurningPoint Energy (TPE). The projects,
Thermal Energy Storage Provider MGA Thermal Raises $8.3 Million
MGA Thermal, a provider of thermal energy-based long-duration energy storage systems, secured $8.25 million to fuel the company’s growth, commissioning its on-site production line and
Qair Secures Financing for 130 MW Solar Project Portfolio in Poland
By: Raj Prabhu Qair, an independent renewable energy producer, secured a PLN 335.3 million (~$82.31 million) loan to develop a 129.5 MW solar project portfolio
Energy Storage and Management Company Electriq Power Goes Public via SPAC Deal
Electriq Power, a provider of intelligent energy storage and management for homes and small businesses, announced the completion of its merger with TLG Acquisition One
Alternus Energy Acquires 32 MW Solar Project Portfolio in Spain
Alternus Energy, an independent power producer, acquired a 32 MW portfolio of solar PV projects in Valencia, Spain, known as the “NF Projects.” The portfolio
Broad Reach Power Secures $435 Million for 880 MW BESS Projects
Broad Reach Power, a utility-scale battery storage project developer, secured $435 million in credit facilities to support the construction of 7 stand-alone energy storage projects
Funding and M&A Roundup: Storage Developer Field Energy Secures $257 Million
Field Energy, a developer and operator of battery energy storage systems, secured a £200 million (~$257 million) investment from DIF Capital Partners via their DIF