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 ...
Masdar Closes $5.1 Billion Financing for Abu Dhabi Solar and Storage Project
From: Mercom India 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 ...
Velto Renewables Refinances 76 Solar Projects with $914 Million Deal
From: Mercom India Velto Renewables, an independent renewable energy producer backed by La Caisse (formerly CDPQ), has completed a refinancing transaction of more than €800 million (~$914 million) for a ...
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 ...
