Ignis Secures $237 Million Equity Capital from Vortex Energy
Vortex Energy, a renewables-focused investment vehicle in Europe managed by the private equity arm of EFG Hermes, has invested €222 million (~$237.2 million) equity capital in Ignis, an integrated renewable ...
Funding and M&A Roundup: Solar System Recycling Platform SOLARCYCLE Raises $6.6 Million
SOLARCYCLE, a tech-driven solar system recycling platform, has raised $6.6 million in growth funding from renewable energy investors, including SolarCity founders Peter and Lyndon Rive, former CEO/CTO of Sunpower Corporation ...
Project Finance Brief: Canadian Solar to Sell 70% Stake in 738 MW of Solar Projects
Canadian Solar, a vertically integrated manufacturer of silicon ingots, wafers, and PV cells and modules, signed an agreement with SPIC Brasil, a power generation company in Brazil, to sell a ...
Sonnen Acquires Webatt Energia for an Undisclosed Amount
German-based Sonnen - which produces home energy storage systems for private households and small businesses - has acquired Webatt Energia, an installer of solar PV and energy storage products. The ...
AIIM Acquires a Majority Stake in 30 MW Solar Portfolio in South Africa
African Infrastructure Investment Managers (AIIM), an infrastructure-focused private equity fund manager through its IDEAS Managed Fund (IDEAS), acquired a majority stake in three solar projects in South Africa. The 30 ...
