Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Battery Recycling Company Green Li-ion Raises $20.5 Million in Pre-Series B funding

Battery Recycling Company Green Li-ion Raises $20.5 Million in Pre-Series B funding

Green Li-ion, a lithium-ion battery recycling technology company, raised $20.5 million in Pre-Series B funding bringing the total funding raised to approximately $36 million. The round was led by Singapore-based ...
/ Storage
Lightsource bp Closes Tax Equity Investment Deal for 481 MW Solar Projects

Scale Microgrids Acquires 100 MW of Community Solar Projects in New York

Scale Microgrids, a distributed energy developer, has agreed to acquire 100 MW of New York community solar projects from CSG-Gutami, a renewable project developer. Scale Microgrids will construct, own and ...
/ Solar
Independent Power Producer Amarenco Raises $321 Million

Independent Power Producer Amarenco Raises $321 Million

Amarenco, an independent power producer, secured €300 million (~$321 million) in funding. The funding round was led by Arjun Infrastructure Partners, a European asset manager, and the deal includes an ...
/ Solar
Funding and M&A Roundup: Navisun Raises $235 Million for Solar Projects

Funding and M&A Roundup: Navisun Raises $235 Million for Solar Projects

Navisun, an independent power producer, announced it has secured up to $235 million in debt financing through two facilities. The funding will support the company’s growth strategy, allowing it to ...
/ Solar, Storage
Project Finance Brief: CWP Europe Acquires 134 MW Solar Project in Romania

Project Finance Brief: CWP Europe Acquires 134 MW Solar Project in Romania

CWP Europe, an international renewable energy project developer, acquired the 134 MW Studina solar project under development in Romania. The project construction is set to begin in 2023, and commercial ...
/ Solar, Storage