Mercom Research Focus

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Mercom Research Focus

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Q2 2024 FUNDING AND M&A REPORT


Emeren Group Sells 42 MW Solar Project Portfolio in Spain

Emeren Group Sells 42 MW Solar Project Portfolio in Spain

Emeren Group, a solar project developer, announced the sale of a 42 MW ready-to-build solar project portfolio in Spain to CVE España, part of CVE, a French independent power producer ...
/ Solar
Funding and M&A Roundup: Liontown Resources Secures $250 Million

Funding and M&A Roundup: Liontown Resources Secures $250 Million

Liontown Resources, a battery minerals producer, secured a $250 million investment and a 10-year offtake extension from foundational partner LG Energy Solution, a manufacturer of lithium-ion batteries. The companies have ...
/ Smart Grid, Solar, Storage
Aproject finance brief

Project Finance Brief: Sonnedix Acquires 42 MW Solar Project in Spain

Sonnedix, an independent solar power producer, announced the acquisition of a 42 MW ground-mounted solar PV project in Carpio del Tajo, Toledo, Castilla-La Mancha, Spain. The company acquired the project ...
/ Solar, Storage
Eneida Secures $11.4 Million in Series B Funding

Eneida Secures $11.4 Million in Series B Funding

Eneida, a provider of smart grid solutions, secured €10.5 million (~$11.4 million) in a Series B funding round. The funding was provided by Junction Growth Investors (who also led the ...
/ Smart Grid
Altarea Acquires Rooftop Solar Developer Prejeance Industrial

Altarea Acquires Rooftop Solar Developer Prejeance Industrial

Altarea, a French-based real estate company, has acquired Prejeance Industrial, a rooftop solar development company, from the Spanish group Repsol. This acquisition will help expand the photovoltaic installation development platform ...
/ Solar