Britishvolt Acquires Battery Cell Manufacturer EAS for $38 Million

Britishvolt Acquires Battery Cell Manufacturer EAS for $38 Million

Battery cell technology company Britishvolt has signed a sale purchase agreement (SPA) with Monbat Group to acquire its battery cell manufacturing subsidiary EAS at a consideration of €36 million (~$38 ...
/ Storage
EnerSmart Storage Secures $78 Million Loan for 165 MW Storage Project in the US

EnerSmart Storage Secures $78 Million Loan for 165 MW Storage Project in the US

Energy storage developer EnerSmart Storage secured a $78.2 million loan from the North American Development Bank (NADBank), Siemens Financial Services, to finance (the design, construction, and operation of) a portfolio ...
/ Storage
Borrego Sells Solar and Storage Development Business to ECP

Borrego Sells Solar and Storage Development Business to ECP

Borrego, a developer, EPC and O&M provider for large-scale solar and energy storage projects in the U.S., has entered into a definitive agreement to spin off and sell its development ...
/ Solar, Storage
Funding and M&A Roundup Li-Ion Battery Manufacturer Dragonfly Goes Public Via SPAC Deal

Funding and M&A Roundup: Li-Ion Battery Manufacturer Dragonfly Goes Public Via SPAC Deal

Dragonfly Energy, a Lithium-Ion battery manufacturer, has entered into a definitive agreement for a business combination with Chardan NexTech Acquisition 2 Corp (CNTQ), a special purpose acquisition company, resulting in ...
/ Solar, Storage
Project Finance Brief Bluefield Solar Acquires 80 MW Battery Storage Projects in the UK

Project Finance Brief: Bluefield Solar Acquires 80 MW Battery Storage Projects in the UK

Bluefield Solar, an income fund focused on acquiring and managing renewable energy and storage assets predominantly in the UK, acquired two standalone 40 MW battery storage projects from Green Hedge ...
/ Solar, Storage