Project Finance Brief: Fidra Secures $312 Million for Energy Storage Project
Fidra Energy, a U.K.-based battery energy storage project developer, has reached financial close on its 500 MW/1.1 GWh West Burton C battery storage project in Nottinghamshire, England. EIG and the ...
Grid Software Solutions Provider Piq Energy Raises $5 Million in Funding
From: Mercom India Piq Energy, a grid planning software company, has raised $5 million in an oversubscribed seed funding round led by Active Impact Investments. Cisco Foundation, Mobilize AI x ...
Funding and M&A Roundup: Aditya Birla Renewables to Acquire Sprng Energy
Aditya Birla Renewables (ABRen), the renewable energy subsidiary of Grasim Industries, has signed a definitive agreement to acquire Sprng Energy from Shell Overseas Investment for an enterprise value of ₹172 billion (~$1.8 ...
Project Finance Brief: Masdar Closes $5.1 Billion Financing for Solar and Storage Project
Masdar (Abu Dhabi Future Energy Company), a UAE-based renewable energy developer, has reached financial close on a $5.1 billion financing package for a 5.2 GW solar and 19 GWh battery ...
InstaVolt Sells Iberian EV Charging Business to Powerdot
From: Mercom India InstaVolt, an electric vehicle charging network operator, has sold its Iberian business operations in Spain and Portugal to European electric vehicle charging provider Powerdot. The transaction includes ...
