Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Funding and M&A Roundup: Powerdot Secures $108 Million

Funding and M&A Roundup: Powerdot Secures $108 Million

Powerdot, a provider of EV charging solutions, announced the successful closing of a €100 million (~$108 million) funding round led by Antin Infrastructure Partners and Arié Group. The investment enables ...
/ Solar, Storage
PNE Sells 240 MW Solar Project in South Africa

Project Finance Brief: Recurrent Energy Secures Funding for 119 MW Solar Project

Recurrent Energy, a global developer, owner, and operator of solar and energy storage, secured financial closure on the 119 MW Horus Solar project in Mexico. The solar project was closed ...
/ Solar, Storage
EV charging Solutions Provider Powerdot Secures $108 Million Funding

EV charging Solutions Provider Powerdot Secures $108 Million Funding

Powerdot, a provider of EV charging solutions, announced the successful closing of a €100 million (~$108 million) follow-on capital raise led by Antin Infrastructure Partners and Arié Group. The investment ...
/ Smart Grid
Funding and M&A Roundup: Volvo Group Acquires Battery Business for $210 Million

EBRD and Eiffel Provide $49 Million Loan for Solar Projects in Poland

The European Bank for Reconstruction and Development (EBRD) and French asset manager Eiffel Investment Group (Eiffel) made a joint loan of €45 million (~$48.83 million) to PL-SUN Sp.z.o.o for the ...
/ Solar
Sosteneo Acquires 49% Stake in Enel Libra Flexsys

Sosteneo Acquires 49% Stake in Enel Libra Flexsys

Sosteneo, an investment manager that specializes in greenfield infrastructure projects related to the energy transition, has signed an agreement with Enel S.p.A. (“Enel”) through its subsidiary Enel Italia for the ...
/ Storage