Blog 3 columns - Mercom Capital Group

Blue Elephant Energy Acquires Majority Stake in Solar215

EDPR Sells 49% Stake in Solar Portfolio and Storage Project

January 07
Staff
Solar, Storage

EDP Renováveis (EDPR), a renewable energy power producer, announced the signing of a sale and purchase agreement with a global energy company to sell a

Battery Storage Solutions Provider iwell Secures $31 Million

Paper Battery Developer Flint Raises $2 Million

January 06
Staff
Storage

Flint, a company developing paper batteries, has raised $2 million in seed funding. The round was led by a consortium of angel investors along with

Ellomay Capital Secures $114 Million Financing for 198 MW Solar Project Portfolio

Blue Elephant Energy Acquires 88 MW Solar Project Portfolio

January 06
Staff
Solar

Blue Elephant Energy, a Hamburg-based solar and wind project developer, announced the acquisition of an 88 MWp solar project portfolio spread across the Netherlands from

Stonepeak to Acquire 46.3% Stake in 777 MW Solar and Storage Project Portfolio

ContourGlobal Acquires 888 MW Hybrid Solar Plus Storage Project

January 03
Staff
Solar, Storage

ContourGlobal, a renewable energy power generation company, has announced the acquisition of an advanced-stage solar-plus-storage project with a total capacity of 888 MW. The project

Macquarie Asset Management Acquires Island Green Power

Aypa Power Secures $190 Million Financing for Battery Storage Project

January 03
Staff
Storage

Aypa Power, a Blackstone portfolio company that develops, owns, and operates utility-scale energy storage and hybrid renewable energy projects, announced the closing of a $190

Project Finance Brief: Enlight Secures $550 Million Financing for Solar Plus Storage Project

January 02
Staff
Solar, Storage

Enlight Renewable Energy, a renewable energy project developer, announced the closing of $550 million debt financing for the project Roadrunner, located in the Sulphur Springs

Funding and M&A Roundup: SmartSolar Raises $1.8 Million in Seed Funding ORIT secures $125 million five-year term loan facility SmartSolar, a rooftop solar solution provider, has raised $1.85 million in seed funding. The funding was led by Picus Capital and 2degrees, along with participation from early-stage venture capital firm Iterative. With this funding, the company plans to accelerate its growth in Vietnam and expand its footprint across Southeast Asia. The company offers rooftop solar solutions designed to help businesses cut down on electricity costs. Octopus Renewables Infrastructure Trust, an investment company, announced that it has signed a £100 million (~$125 million) five-year term loan facility with three of its existing lenders, Santander, National Australia Bank, and Allied Irish Banks. The funding will be used to pay down a portion of the existing and more expensive Revolving Credit Facility (RCF) debt. According to ORIT, it has drawn £151.2 million (~$191 million) on the RCF so far. Vidyut, an electric vehicle ecosystem platform, has raised $2.5 million in funding from global investor Flourish Ventures. The company will utilize the acquired funds to expand its Battery-as-a-Service offering in passenger and commercial EV segments. By unbundling batteries from EVs and offering them on a pay-per-km subscription basis, Vidyut claimed it had reduced upfront electric three-wheeler costs by 35-40%. For reports and trackers on funding and M&A transactions in solar, energy storage, and smart grid sectors, click here. Read last week's funding roundup. Tags: Vidyut, Octopus Renewables Infrastructure Trust, SmartSolar, solar, funding

Funding and M&A Roundup: Sunairio Raises $6.4 Million in Funding

January 02
Staff
Solar, Storage

Sunairio, a weather intelligence platform developer for renewable energy prediction, announced the closing of an oversubscribed $6.4 million funding round. This closing brings the total funding

Ardian to Acquire Renewables Company Akuo

enercity Acquires Hanwha Q CELLS’ Solar Portfolio and Other Assets

December 31
Staff
Solar

enercity, a German energy supplier, has acquired the key business areas along with a solar portfolio from Hanwha Q CELLS, a manufacturer of solar cells,

Nordic Solar Sells 2.8 MW Solar Project in France

December 31
Staff
Solar

Nordic Solar, a Denmark-based developer and owner of solar project, announced the signing of a share purchase agreement for the 2.8 MW Montmayon solar project

Spearmint Energy Secures Over $250 Million Financing for Battery Storage Projects

Fiba Renewables Secures $42 Million Loan from EBRD in Türkiye

December 26
Staff
Solar

Kavram Enerji, a subsidiary of Fiba Yenilenebilir Enerji Holding (Fiba Renewables), a renewable energy developer in Türkiye, secured a $42 million (€39.7 million) loan from