Equinor Acquires Energy Storage Developer East Point Energy

Equinor Acquires Energy Storage Developer East Point Energy

Equinor, a renewable energy company, signed an agreement to acquire a 100% stake in East Point Energy, a battery storage developer in the US. The transaction agreements were signed on ...
/ Storage
Northvolt Raises $1.1 Billion to Support Factory Rollout Plans in Europe

Northvolt Raises $1.1 Billion to Support Factory Rollout Plans in Europe

Sweden-based lithium-ion battery manufacturer Northvolt signed a $1.1 billion convertible note to finance its expansion of battery cell and cathode material production in Europe to support the rapidly expanding demand ...
/ Storage
Funding and M&A Roundup: Solar Developer Intersect Power Secures $750 Million in Funding

Funding and M&A Roundup: Solar Developer Intersect Power Secures $750 Million in Funding

United States-based large-scale renewable energy project developer Intersect Power secured a $750 million growth equity investment led by TPG Rise Climate, with additional participation from existing investors, Climate Adaptive Infrastructure (CAI), and Trilantic Energy Partners North America ...
/ Solar, Storage
Swiss Life Asset Managers Acquires 50% Stake in BCP Battery

Swiss Life Asset Managers Acquires 50% Stake in BCP Battery

Investment funds managed by Swiss Life Asset Managers acquired a 50% stake in BCP Battery, a large-scale electrical battery platform in Germany. Through the acquisition, Swiss Life Asset Managers, on ...
/ Storage
Intersect Power Secures $750 Million Funding from TPG Rise Climate

Intersect Power Secures $750 Million Funding from TPG Rise Climate

United States-based large-scale renewable energy project developer Intersect Power secured a $750 million growth equity investment led by TPG Rise Climate, with additional participation from existing investors, Climate Adaptive Infrastructure (CAI), and Trilantic Energy Partners ...
/ Storage