Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Energy Storage Company Caban Systems Raises $51 Million

Energy Storage Company Caban Systems Raises $51 Million

Caban Systems, a California-based provider of energy storage-based solutions, raised $51 million in Series B Funding, to help scale domestic battery manufacturing capacity and expand its global footprint. The round ...
/ Storage
Rabobank Invests in Large Scale Energy Storage Developer GIGA Storage

Rabobank Invests in Large Scale Energy Storage Developer GIGA Storage

Rabobank, with its division Rabo Investments, announced that it has acquired a minority interest in GIGA Storage, intending to help the company expand its large-scale energy storage network. GIGA Storage is ...
/ Storage
Funding and M&A Roundup: Rabobank Invests in Battery Energy Storage Project Developer

Funding and M&A Roundup: Rabobank Invests in Battery Energy Storage Project Developer

Rabo Investments has infused an undisclosed amount in GIGA Storage, a large-scale battery energy storage project developer. The investment will enable GIGA Storage to expand its network of large-scale energy storage ...
/ Solar, Storage
Enerpac Secures Bridge Financing for 325 MW Solar and Hybrid Projects in Germany

Project Finance Brief: MYTILINEOS Raises $159 Million for Solar Projects

MYTILINEOS, a global industrial and energy company, reached financial close with lenders ANZ and Westpac on the non-recourse portfolio financing structured as a combination of term facility, construction facility, and ...
/ Solar
PACE Loan Group Invests In 4.8 MW Solar Project in the U

PACE Loan Group Invests In 4.8 MW Solar Project in the US

PACE Loan Group (PLG), a provider of Commercial Property Assessed Clean Energy (C-PACE) financing, closed an $8 million loan to finance a 4.8 MW carport-mounted solar project at 1000 Omega, a corporate ...
/ Solar