Funding and M&A Roundup: Community Solar Firm Summit Ridge Energy Raises $175 Million

Funding and M&A Roundup: Community Solar Firm Summit Ridge Energy Raises $175 Million

Summit Ridge Energy, an owner and operator of community solar assets secured a $175 million strategic investment from Apollo Funds, a global investment management firm. Vinson&Elkins acted as legal counsel ...
/ Solar, Storage
Corporate Funding into Energy Storage, Smart Grid, and Efficiency Companies Increase with $17 Billion in 1H 2022

Corporate Funding into Energy Storage, Smart Grid, and Efficiency Companies Increase with $17 Billion in 1H 2022

Total corporate funding (including venture capital funding, public market, and debt financing) for Energy Storage, Smart Grid, and Efficiency companies in 1H 2022 was up significantly year-over-year (YoY) with $17 ...
/ Efficiency, Smart Grid, Storage
Sensata Acquires Dynapower for $580 Million

Sensata Acquires Dynapower for $580 Million

Sensata Technologies, an industrial technology company that develops sensors, sensor-based solutions, controllers and software, and other mission-critical products, announced the acquisition of Dynapower, a provider of energy storage solutions from private ...
/ Storage
Powin Receives $135 Million in Growth Equity Funding

Powin Receives $135 Million in Growth Equity Funding

Powin, an energy storage solutions provider, announced a $135 million growth equity investment led by GIC, a global investment firm with participation from existing investors Trilantic Energy Partners North America ...
/ Storage
H.C. Starck Invests $53 Million in Nyobolt

H.C. Starck Invests $53 Million in Nyobolt

H.C. Starck Tungsten Powders, a manufacturer of tungsten powder, announced an investment of £45 million (~$53 million) into Nyobolt, a fast-charging Li-ion battery solutions company. The investment will help fund ...
/ Storage