Avantus Secures $300 Million Tax Equity for Aratina 2 Solar-Storage Project
From: Mercom India Avantus, a U.S. developer, owner, and operator of utility-scale solar and energy storage projects, has closed a $300 million tax equity commitment
Emerald AI Raises $150 Million Series A Funding at $1.05 Billion Valuation
From: Mercom India Emerald AI, a developer of software for managing data center electricity consumption and computing workloads, has raised $150 million in an oversubscribed
Project Finance Brief: AMPIN Secures $195 Million for Hybrid Storage Project
Independent power producer AMPIN Energy Transition has achieved financial closure for a $195 million project finance facility for a power purchase agreement-backed 100 MW wind-solar
Funding and M&A Roundup: ABRen Secures $1.6 Billion from MUFG
Aditya Birla Renewables (ABRen), the renewable energy arm of the Aditya Birla Group, has secured a $1.6 billion (~₹153.08 billion) term loan facility from Mitsubishi
Otovo to Acquire Green Panel Solar Energy Systems for $11 Million
From: Mercom India Otovo, a company that provides behind-the-meter energy services, has signed definitive agreements to acquire Green Panel Solar Energy Systems for $11 million.
PowerBank to Reacquire 13.9 MW New York Community Solar Projects
From: Mercom India PowerBank Corporation, a North American energy company that develops, builds, owns, and operates solar and battery energy storage systems, has executed agreements