Fidra Secures $312 Million Debt for West Burton Battery Project
From: Mercom India Fidra Energy, a U.K.-based battery energy storage project developer, has reached financial close on its 500 MW/1.1 GWh West Burton C battery storage project in Nottinghamshire, England ...
CREC Secures $66 Million for Solar and Storage Projects in Philippines
From: Mercom India Citicore Renewable Energy Corporation (CREC), a renewable energy developer, has signed a ₱4.05 billion (~$66 million) project finance loan facility with LANDBANK to develop two solar and battery ...
Funding and M&A Roundup: Aditya Birla Renewables to Acquire Sprng Energy
Aditya Birla Renewables (ABRen), the renewable energy subsidiary of Grasim Industries, has signed a definitive agreement to acquire Sprng Energy from Shell Overseas Investment for an enterprise value of ₹172 billion (~$1.8 ...
Project Finance Brief: Masdar Closes $5.1 Billion Financing for Solar and Storage Project
Masdar (Abu Dhabi Future Energy Company), a UAE-based renewable energy developer, has reached financial close on a $5.1 billion financing package for a 5.2 GW solar and 19 GWh battery ...
Alpiq to Acquire 90% Stake in Battery Storage Developer Harmony Energy
From: Mercom India Swiss energy company Alpiq has agreed to acquire a 90% stake in Harmony Energy, a developer and operator of grid-scale battery energy storage projects across Europe. The ...
