Corporate Funding for Energy Storage Companies Totaled $19.9 Billion in 2024
Energy Storage Corporate funding for Energy Storage Companies, including venture capital (VC) funding, debt, and public market financing, reached $19.9 billion in 116 deals in
Solar Companies Raise $26.3 Billion in Corporate Funding in 2024
Total corporate funding, including venture capital (VC) funding, public market, and debt financing into the solar sector, decreased 24% year-over-year (YoY) in 2024, with $26.3
TotalEnergies, Adani Green Energy, and Brookfield Renewable Partners Emerge as Top Large-Scale Solar Developers
Mercom Capital Group (Mercom), a clean energy communications and research firm, has released its annual global report announcing the ten leading global large-scale solar PV
Crain Communications, Inc. Acquires Mercom Capital Group’s Digital Health Business, Expanding Data and Research Platform
Crain Communications, parent company of Modern Healthcare, is pleased to announce the acquisition of Mercom Capital Group’s Digital Health Business, a leading source of digital
Encore Renewable Energy Secures $389 Million
Encore Renewable Energy, a renewable energy developer and operator, secured a $389 million financing solution from Brookfield through its infrastructure debt platform. The funding structure
MN8 Energy Secures $612 Million Financing for 517 MW Solar Projects
MN8 Energy, an independent renewable energy power producer, closed $612 million in construction bridge financing with Natixis Corporate & Investment Banking acting as the sole
Sunrun Prices $629 Million in Senior Securitization
Sunrun, a provider of residential solar energy solutions, has priced $629 million in the securitization of leases and power purchase agreements. ATLAS SP Partners was
Invenergy Secures $1.1 Billion Financing for Three Solar Projects
Invenergy, a solar, wind, and energy storage project developer, announced closing $1.1 billion in debt financing to support the development and construction of three utility-scale
L&G NTR Clean Power Fund Acquires 115 MW Solar Project
L&G NTR Clean Power (Europe) Fund, a joint partnership between L&G’s asset management division, a global investor, and NTR, an Ireland-based renewable energy investor, announced
METLEN Secures $71 Million Financing for Solar Portfolio in Italy
METLEN Energy & Metals (previously known as MYTILINEOS), a Greek industrial conglomerate, secured €67.9 million (~$71.22 million) in financing to support the construction and development
Matrix Renewables Secures $130 Million Financing for Solar Portfolio in Spain
Matrix Renewables, the TPG Rise-backed global renewable energy company, announced the closing of a €124 million (~$130 million) non-recourse financing to construct a portfolio of
Greenbacker Secures $950 Million Financing for Solar Project in New York
Greenbacker, an independent power producer and energy transition-focused investment manager, secured $950 million in aggregate financing for the 674 MWdc/500 MWac Cider solar project in
Project Finance Brief: ContourGlobal Acquires 446 MW Solar Project Portfolio
ContourGlobal, an independent power producer and a KKR company, announced the acquisition of a solar project portfolio totaling 446 MWp from Qcells, a solar cell
Funding and M&A Roundup: FlexGen Power Systems Secures $75 Million
FlexGen Power Systems, an energy storage solutions and software technology provider, secured a $75 million revolving credit facility. J.P. Morgan acted as the lead arranger