Battery Manufacturer Northvolt Secures $5 Billion Loan
Northvolt, a Sweden-based manufacturer of lithium-ion batteries, announced the signing of a $5 billion non-recourse project financing to expand its battery gigafactory, Northvolt Ett, in northern Sweden. The new debt ...
Project Finance Brief: Mytilineos Secures Financing for 588 MW Solar Portfolio
Mytilineos, a Greek industrial conglomerate, has reached the financial close for its 588 MW non-recourse solar park portfolio in Chile. The financing was secured from lenders BNP Paribas, Intesa San ...
Funding and M&A Roundup: BESS Developer NineDot Raises $225 Million
NineDot Energy, a developer of community-scale battery energy storage systems (BESS), has secured a $225 million equity capital commitment from Manulife Investment Management along with their existing institutional equity investor, ...
Energy Storage Company Cactos Raises $28 Million
Cactos, a developer of energy storage systems, has secured over €26 million (~$28 million) in equity funding from OP Finland Infrastructure and the Finnish Climate Fund. Cactos Fleet Finland LP ...
Energy Storage Project Developer NineDot Raises $225 Million
NineDot Energy, a developer of community-scale battery energy storage systems (BESS), has secured a $225 million equity capital commitment from Manulife Investment Management along with their existing institutional equity investor, ...