Eiffel Investment Group to Acquire 50% Stake in Solar and Storage Portfolio
From: Mercom India Eiffel Investment Group, an independent asset manager, through its infrastructure funds, has agreed to acquire a 50% interest in a Norwegian portfolio
Solar Tracker Startup Vaja Raises $3.5 Million in Seed Funding
From: Mercom India Sweden-based Vaja has raised €3.1 million (~$3.58 million) in seed funding to support the market entry and validation of its vertical single-axis
Masdar Buys Stake in Respsol’s 705 MW Renewables Portfolio
From: Mercom India Masdar (Abu Dhabi Future Energy Company PJSC), a UAE-based renewable energy developer, has signed an agreement to acquire a 49.99% stake in
Supercapacitor Startup Granarium Technologies Raises Over $1.2 Million
From: Mercom India Granarium Technologies, a Finland-based supercapacitor startup, has raised over €1 million (~$1.2 million) in total funding, including a pre-seed round led by
Cypress Creek Secures $3.5 Billion for Steel River Energy Center Project
From: Mercom India Cypress Creek Energy, a U.S.-based solar and energy storage project developer, has secured $3.5 billion in financing for the first two phases
Sembcorp Completes Acquisition of Alinta Energy for $4.5 Billion
From: Mercom India Singapore-headquartered Sembcorp Industries has completed its previously announced acquisition of Australia-based Alinta Energy for an enterprise value of A$6.5 billion (~$4.3 billion)