Enel Completed Acquisition of 625 MW Solar Portfolio in the US
From: Mercom India Enel, a multinational power company, has completed the acquisition of a 625 MW solar portfolio in the United States from Excelsior Energy
Furo Raises $4 Million to Expand Battery Optimization Platform
From: Mercom India Furo, a software company that controls and optimizes commercial and industrial battery storage systems, has raised $4 million to expand its AI-driven
R3 Lithium Raises $15 Million in Series A Funding for Recycling Facility
From: Mercom India R3 Lithium, a company that recovers lithium carbonate from recycled battery materials, has raised $15 million in Series A funding and begun
Tavion Raises $58 Million for 69 MW Battery Storage Portfolio in Poland
From: Mercom India Tavion, a company that develops, owns, and operates large-scale battery storage projects across Europe, has raised €50 million (~$58 million) in new
METLEN Agrees to Sell 165 MW Solar, 725 MWh Storage Project in Chile
From: Mercom India METLEN Energy & Metals (formerly MYTILINEOS), a Greek industrial conglomerate, has signed an agreement with Copec S.A., through its subsidiary Copec Flux
Sonnedix Secures $1.3 Billion Refinancing for 1 GW Chile Portfolio
From: Mercom India Sonnedix, an independent renewable energy power producer, has secured $1.3 billion through a refinancing transaction covering renewable energy assets in Chile. The
Rebaba Raises $4.6 Million to Expand Second-Life Battery Storage in Europe
From: Mercom India Rebaba, a Swedish company that develops second-life battery energy storage systems using repurposed EV batteries, has raised $4.6 million (SEK 44.1 million)
Suniva Raises $835 Million to Expand Solar Cell Capacity to 5.5 GW
From: Mercom India Suniva, a U.S.-based manufacturer of monocrystalline silicon solar cells, has completed an $835 million capital raise comprising debt and equity financing to
Project Finance Brief: Grenergy Completes $475 Million Solar, Storage Project Sale
Grenergy, a Spanish clean energy producer, has completed the sale of Gabriela, the fourth phase of its Oasis de Atacama energy storage platform in Chile,
Funding and M&A Roundup: Aukera Energy Closes $533 Million Credit Facility
Aukera Energy, a pan-European renewable energy and battery storage developer, has closed a €460 million (~$533 million) structured credit facility led by institutional investor EIG.