Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Leeward Renewable Energy Closes Over $600 Million Funding for US Solar Projects

Yellow Door Energy Raises $400 Million Equity to Develop Sustainable Energy Projects

Yellow Door Energy, a UAE-based solar developer, announced the closing of $400 million equity to continue its development of sustainable energy projects in the Middle East, Africa, and beyond. The ...
/ Solar
IBC SOLAR Energy Sells 120 MW of Solar Projects in Poland

IBC SOLAR Energy Sells 120 MW of Solar Projects in Poland

IBC SOLAR Energy, a division of German photovoltaics specialist IBC Solar AG sold two solar projects of 120 MW in Poland to Afcon Renewable Energy, a subsidiary of Afcon Holdings ...
/ Solar
Energy Storage Companies Bring in a Record $22 Billion in Corporate Funding in 9M 2022

Energy Storage Companies Bring in a Record $22 Billion in Corporate Funding in 9M 2022

Total corporate funding (including venture capital funding, public market, and debt financing) for Energy Storage, Smart Grid, and Efficiency companies in 9M 2022 was up 66% year-over-year (YoY) with a ...
/ Efficiency, Smart Grid, Storage
GIP Acquires Atlas Renewable Energy from Actis

GIP Acquires Atlas Renewable Energy from Actis

Global Infrastructure Partners, an investment firm, acquired Atlas Renewable Energy, a solar project developer, from Actis, a private equity firm. Atlas is the second largest independent renewables developer in Latin ...
/ Solar
EV Charging Company Zunder Raises $97 Million in Funding

EV Charging Company Zunder Raises $97 Million in Funding

Spanish EV Charging company Zunder raised €100 million (~$97 million) from sustainable investment manager Mirova. With new funds, the company will speed up the rollout of ultra-fast EV charging stations ...
/ Smart Grid