Johnson Matthey to Divest its Battery Materials Business to EV Metals Group

Johnson Matthey to Divest its Battery Materials Business to EV Metals Group

Johnson Matthey (JM), a sustainable technology company, agreed to sell part of its Battery Materials business to EV Metals Group, a battery chemical, and technology provider, for £50 million (~$53 ...
/ Storage
Equinor Acquires Energy Storage Developer East Point Energy

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