Funding and M&A Roundup: Microgrid Solutions Provider Nuru Raises $40 Million
- July 05
- Arjun Pradeep
- Solar, Storage
Nuru, a provider of microgrids solutions, raised over $40 million in Series B equity funding. The funding will enable the company to develop new projects
Project Finance Brief: OMV Petrom Acquires 710 MW Solar Projects in Romania
- July 05
- Arjun Pradeep
- Solar, Storage
OMV Petrom, an oil and gas company, has signed an agreement to acquire 710 MW solar projects in Romania from Danish developer Jantzen Renewables. The
GM Acquires Battery Software Startup ALGOLiON
- July 04
- Sohini Aich
- Storage
General Motors announced the acquisition of ALGOLiON, a company specializing in battery software for electric vehicles (EVs). The financial terms were not disclosed. The acquisition was led
OMV Petrom Acquires 710 MW Solar Projects in Romania
- July 03
- Sohini Aich
- Solar
OMV Petrom, an oil and gas company, has signed an agreement to acquire 710 MW of solar projects in Romania from Danish developer Jantzen Renewables.
Imerys Acquires 80% Stake in British Lithium
- July 03
- Arjun Pradeep
- Storage
Imerys, a provider of mineral-based specialty solutions, announced the acquisition of an 80% stake in British Lithium, a developer, and operator of mineral resource projects. British
Matrix Renewables Acquires 284 MW Solar Project in Texas
- June 30
- Sohini Aich
- Solar
Matrix Renewables, the TPG Rise-backed renewable energy platform, announced the acquisition of 284 MW of late-stage development of the Stillhouse solar project in Texas from
Intersect Gets $800 Million Revolving Credit Line for Renewables Portfolio Expansion
- June 28
- Sohini Aich
- Solar
From: Mercom India Intersect Power, a U.S.-based renewable energy company, has closed an $800 million revolving corporate credit facility to support the development, construction, and
Funding and M&A Roundup: Battery Manufacturer Northvolt Raises $400 Million
- June 28
- Arjun Pradeep
- Solar, Storage
Northvolt, a battery manufacturer, received a $400 million investment from the Investment Management Corporation of Ontario, a Canadian pension fund manager, in collaboration with Global
Project Finance Brief: Greenbacker Acquires 120 MWh BESS Project in California
- June 28
- Sohini Aich
- Solar, Storage
Sustainable infrastructure investor Greenbacker Capital Management has acquired a 30-MW/120-MWh battery energy storage system project in Imperial County, California, from the solar and storage developer
European Energy Sells 20 MW Solar Project in Italy
- June 27
- Sohini Aich
- Solar
European Energy, a solar project developer, signed an agreement with IREN, an Italian energy group, to sell the ready-to-build 20.39 MW Noto solar project in