Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Hecate Energy Secures $550 Million to Support Renewables Expansion

Hecate Energy Secures $550 Million to Support Renewables Expansion

From: Mercom India U.S.-based Hecate Energy, a developer of renewable projects and provider of energy storage solutions, closed a five-year $550 million credit facility package, including a $250 million term ...
/ Solar
Funding and M&A Roundup: SunRoof Raises $30.8 Million to Fund Expansion Plans

Funding and M&A Roundup: SunRoof Raises $30.8 Million to Fund Expansion Plans

SunRoof, a Sweden-based rooftop solar systems provider, announced a €13.5 million (~$14.6 million) extension with a new investment taking its total growth funding round to €28.5 million (~$30.8 million). The ...
/ Solar, Storage
Project Finance Brief: Sol Systems Acquires 190 MW Solar Project in Texas

Project Finance Brief: Sol Systems Acquires 190 MW Solar Project in Texas

Sol Systems, a solar finance and development company, acquired a 190 MW solar development project in Uvalde County, Texas, from ABEI Energy, an independent power producer. The acquisition was a ...
/ Solar, Storage
Rooftop Solar Firm SunRoof Raises $30.8 Million to Fund Expansion Plans

Rooftop Solar Firm SunRoof Raises $30.8 Million to Fund Expansion Plans

SunRoof, a Sweden-based rooftop solar systems provider, announced a €13.5 million (~$14.6 million) extension with a new investment taking its total growth funding round to €28.5 million (~$30.8 million). The ...
/ Solar
SOWITEC Sells 570 MW of Solar Projects in Mexico

Innergex Acquires 60 MW Solar Project Portfolio in Ontario

Innergex Renewable Energy - an independent renewable power producer and a renewable energy project developer, acquired 60 MW Sault Ste. Marie solar portfolio in Ontario from Fengate Asset Management for ...
/ Solar