Mercom Research Focus

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Mercom Research Focus

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9M and Q3 2024 Solar Funding and M&A Report


Ardian to Acquire Renewables Company Akuo

Ardian to Acquire Renewables Company Akuo

Ardian, a private equity firm, has reached an agreement to acquire Akuo, a leading independent power producer specializing in renewable energy. This acquisition is expected to help Ardian gain expertise ...
/ Solar
Apricus Generation Secures $30 Million Revolving Credit Facility

Apricus Generation Secures $30 Million Revolving Credit Facility

Apricus Generation, a distributed solar and battery development platform and independent power producer, announced that it has secured a $30 million revolving credit facility with Atlantic Union Bank (AUB). The ...
/ Solar, Storage
Masdar to Acquire 49.99% Stake in Four Solar Projects in Spain

Masdar to Acquire 49.99% Stake in Four Solar Projects in Spain

Masdar (Abu Dhabi Future Energy Company PJSC), a UAE-based renewable energy project developer, announced the signing of an agreement with Endesa, a Spanish multinational electric utility company, to acquire a ...
/ Solar
Funding and M&A Roundup: Energy Storage Company Tyba Raises $13.9 Million

Funding and M&A Roundup: TRENDE Secures $7.2 Million

TRENDE, a provider of renewable energy solutions in Japan, announced the completion of a JPY1.07 billion (~$7.2 million) funding round through third-party allocation. The investment round was led by four ...
/ Solar, Storage
Project Finance Brief: ACCIONA Energía Secures $288 Million for Solar Project

Project Finance Brief: ACCIONA Energía Secures $288 Million for Solar Project

ACCIONA Energía, a renewable energy company, secured an AUD$453 million (~$287.85 million) syndicated loan facility to construct its 480 MWp Aldoga solar project on the central Queensland coast in Australia ...
/ Solar, Storage