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 ...
Chint Solar Sells 112 MW German Battery Storage Portfolio to Flower
From: Mercom India Renewable energy project developer Chint Solar Europe has signed an agreement to sell seven ready-to-build battery energy storage projects totaling 112 MW/332.5 MWh in Germany to Swedish ...
EnergyX Secures $225 Million Investment for Chile Lithium Project
From: Mercom India Energy Exploration Technologies (EnergyX), a U.S.-based energy technology company focused on lithium production and critical mineral supply chain infrastructure, has secured a $225 million strategic investment from ...
