Globeleq Secures $37 Million Debt Financing for Solar Projects
Globeleq, an independent solar power producer, announced the completion of a $37 million senior debt restructuring for 11 MW of Aries Solar and 11 MW
Infiniti Energy Closes $83 Million Financing for Commercial Solar Project
Infiniti Energy, a solar project developer and independent power producer, announced the closure of an $83 million structured finance facility with Fifth Third Bank, who
Scale Microgrids Acquires 500 MW of Community Solar Projects
Scale Microgrids, a vertically integrated distributed energy platform, entered into a definitive agreement with Gutami to acquire 500 MW of distributed solar and storage projects.
Battery Manufacturer Northvolt Secures $5 Billion Loan
Northvolt, a Sweden-based manufacturer of lithium-ion batteries, announced the signing of a $5 billion non-recourse project financing to expand its battery gigafactory, Northvolt Ett, in
SSE Renewables Acquires 400 MW Solar Portfolio
SSE Renewables, a developer and operator of renewable energy projects, announced the acquisition of a 400 MW solar project portfolio in Poland from IBC Solar,
Solar Companies Raise $34.3 Billion in Corporate Funding in 2023, the Largest Amount in a Decade
- January 17
- Sohini Aich
- Solar
Total corporate funding, including venture capital (VC) funding, public market, and debt financing into the solar sector, increased 42% year-over-year (YoY) in 2023, with $34.3
Project Finance Brief: Mytilineos Secures Financing for 588 MW Solar Portfolio
Mytilineos, a Greek industrial conglomerate, has reached the financial close for its 588 MW non-recourse solar park portfolio in Chile. The financing was secured from
Funding and M&A Roundup: BESS Developer NineDot Raises $225 Million
NineDot Energy, a developer of community-scale battery energy storage systems (BESS), has secured a $225 million equity capital commitment from Manulife Investment Management along with
Genesis Energy Closes Financing for 63 MW Solar Project in New Zealand
Genesis Energy, a New Zealand-based power and gas utility company and joint venture partner, FRV Australia, completed the financial close on the 63 MW solar
Energy Storage Company Cactos Raises $28 Million
Cactos, a developer of energy storage systems, has secured over €26 million (~$28 million) in equity funding from OP Finland Infrastructure and the Finnish Climate