Corporate Funding into Energy Storage, Smart Grid, and Efficiency Companies Increase with $17 Billion in 1H 2022
Total corporate funding (including venture capital funding, public market, and debt financing) for Energy Storage, Smart Grid, and Efficiency companies in 1H 2022 was up
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
Gridserve Secures $243 Million in Funding
Gridserve, a sustainable energy company, announced a £200 million (~$243 million) investment from Infracapital, the infrastructure equity investment arm of M&G. The investment will accelerate
Exus to Acquire 1 GW of Solar Projects in Brazil
Exus Brasil Investimentos, an asset manager of Exus Management Partners (Exus), has signed a deal to acquire 100% shares of the Riacho da Serra project
Funding and M&A Roundup: Nexeon Raises Over $200 Million for Battey Materials Production
Nexeon, a battery materials developer and manufacturer, has completed the second close of its fundraising resulting in a total investment of $170 million. A further
Project Finance Brief: Enfinity Global Raises $242 Million for Solar Projects in Japan
Enfinity Global, a renewable energy company, has secured $242 million (~$¥29 billion) in long-term financing for three solar projects in Japan totaling 70 MW. Nomura,
Project Solar Raises $23 Million Series A Funding
Project Solar, a solar e-commerce firm, raised $23 million in Series A financing to help scale its business in additional markets. The funding round was
EDB Provides $37 Million Construction Finance for 65 MW of Solar Projects in Armenia
The Eurasian Development Bank (EDB), an investment firm, provided $37 million in financing for the construction of 11 solar power projects with a total capacity
Nexeon Raises $200 Million to Fund Battery Materials Manufacturing
Nexeon, a battery materials developer and manufacturer, has completed the second close of its fundraising resulting in a total investment of $170 million. Additionally, a
ArcLight Acquires 80 MWh Battery Storage Projects in Pennsylvania and West Virginia
ArcLight Capital Partners, a private equity firm focused on energy, infrastructure, and energy transition, announced that their affiliate, Sequitur Renewables, has agreed with affiliates of GlidePath Power
Li Industries Raises $7 Million in Series A Funding
Li Industries, a developer of lithium-ion battery recycling technologies, announced the closing of a Series A funding round of $7 million. Khosla Ventures led the
Terabase Energy Raises $44 Million Series B Funding
Terabase Energy, a solar technology company, raised $44 million in series B financing co-led by Breakthrough Energy Ventures and Prelude Ventures, SJF Ventures, and other