Byhmgard Acquires Rights to 50 MW Battery Storage Project in Finland
From: Mercom India Byhmgard, a utility-scale energy storage project developer, has entered into binding agreements through a wholly owned project company to acquire the rights to the 50 MW Hitura ...
Expion Energy Raises $9 Million Through Convertible Debenture Placement
From: Mercom India Expion Energy (formerly Expion360), a provider of lithium-ion battery power storage solutions, has raised $9 million through a private placement of convertible debentures with accredited investors. Expion ...
Avantus Secures $300 Million Tax Equity for Aratina 2 Solar-Storage Project
From: Mercom India Avantus, a U.S. developer, owner, and operator of utility-scale solar and energy storage projects, has closed a $300 million tax equity commitment from Truist Bank for the ...
Project Finance Brief: AMPIN Secures $195 Million for Hybrid Storage Project
Independent power producer AMPIN Energy Transition has achieved financial closure for a $195 million project finance facility for a power purchase agreement-backed 100 MW wind-solar project with battery energy storage ...
Funding and M&A Roundup: ABRen Secures $1.6 Billion from MUFG
Aditya Birla Renewables (ABRen), the renewable energy arm of the Aditya Birla Group, has secured a $1.6 billion (~₹153.08 billion) term loan facility from Mitsubishi UFJ Financial Group for its ...
