Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Lightsource bp Closes Tax Equity Investment Deal for 481 MW Solar Projects

Leeward Renewable Energy Secures Funding for 200 MW Solar Project in Texas

Leeward Renewable Energy, a renewable energy project developer, closed $280 million in financing for its 200 MW  Horizon solar project in Frio County, Texas. The financing consists of $75 million ...
/ Solar
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