Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


EDF Renewables Acquires 529 MW Solar Portfolio in Germany

EDF Renewables Acquires 529 MW Solar Portfolio in Germany

EDF Renewables, an independent power producer and services provider, acquired a 529 MW portfolio of development-stage solar projects in Germany from MEC Group, a solar and wind project developer. Solar ...
/ Solar
Project Finance Brief: DIF Capital Partners acquires 720 MW solar and storage projects

Project Finance Brief: DIF Capital Partners acquires 720 MW solar and storage projects

DIF Capital Partners, a Dutch fund manager and German solar PV developer ib vogt, have agreed to acquire a 100% interest in a 720-MW greenfield solar-plus-storage portfolio in the UK ...
/ Solar, Storage
Funding and M&A Roundup: EO Charging Raises $80 Million in Equity Funding

Funding and M&A Roundup: EO Charging Raises $80 Million in Equity Funding

EO Charging, a Britain-based electric vehicle charging solutions company, secured $80 million in equity funding from Vortex Energy and Zouk Capital. Over the past three years, EO has distributed over ...
/ Solar, Storage
Recharge Industries Acquires Bankrupt Battery Manufacturer Britishvolt

Recharge Industries Acquires Bankrupt Battery Manufacturer Britishvolt

Australian battery manufacturer Recharge Industries, a portfolio company of Scale Facilitation, a New York-based investment firm, completed the acquisition of Britishvolt, a UK-based insolvent battery venture Britishvolt, which had struggled ...
/ Storage
Organic Flow Battery Provider XL Batteries Raises $10 Million in Seed funding

Organic Flow Battery Provider XL Batteries Raises $10 Million in Seed funding

XL Batteries, a provider of long-duration grid-scale energy storage solutions, raised $10 million in a Seed-2 round which Catalus Capital led, with additional investment from SIP Global, Xerox Ventures, and ...
/ Storage