Mercom Research Focus

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Mercom Research Focus

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Q1 2024 Solar Funding and M&A Report


Project Finance Brief: Altus Power Closes €36.2 Million Sale Leaseback Solar Funding

Project Finance Brief: Altus Power Closes €36.2 Million Sale Leaseback Solar Funding

Altus Power, a clean energy firm, has completed a sale leaseback tax equity financing worth €36.2 million (~$42 million) for several unspecified solar projects in Minnesota and Massachusetts. Fifth Third ...
/ Solar, Storage
Funding and M&A Roundup: Energy Storage Company Fluence Files for IPO

Funding and M&A Roundup: Energy Storage Company Fluence Files for IPO

Fluence, a provider of energy storage products and services, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial ...
/ Solar, Storage
Project Finance Brief: Iberdrola Acquires a 190 MW Solar Project from RES

Project Finance Brief: Iberdrola Acquires a 190 MW Solar Project from RES

Iberdrola, a multinational electric utility company, acquired the 190 MWac (245 MWdc) Avonlie solar project from RES, an independent renewable energy company. The project is in New South Wales, Australia ...
/ Solar, Storage
Hannon Armstrong Launches $100 Million Green Commercial Paper Program

Hannon Armstrong Launches $100 Million Green Commercial Paper Program

Climate solutions investor Hannon Armstrong Sustainable Infrastructure Capital (Hannon Armstrong) has established a $100 million CarbonCount Green Commercial Paper Note Program, marking the first fully Green Commercial Paper program in ...
/ Smart Grid, Solar
Thermal Energy Storage Systems Company Sunamp Raises $8 Million

Thermal Energy Storage Systems Company Sunamp Raises $8 Million

Sunamp, a provider of thermal energy storage systems, has raised £6 million (~$8.21 million) in Series B funding from the Scottish National Investment Bank. Sunamp plans to utilize the funding to ...
/ Solar, Storage