Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


CC&L Infrastructure and Carbon Free Technology Close $360 Million For Chilean Solar Portfolio

CC&L Infrastructure and Carbon Free Technology Close $360 Million For Chilean Solar Portfolio

Connor, Clark & Lunn Infrastructure (CC&L Infrastructure), a Canadian-based firm that invests in mid-market infrastructure and infrastructure-like assets, and CarbonFree Technology announced the closing of approximately $360 million in debt ...
/ Solar
Gridserve Secures $243 Million in Funding

Gridserve Secures $243 Million in Funding

Gridserve, a sustainable energy company, announced a £200 million (~$243 million) investment from Infracapital, the infrastructure equity investment arm of M&G. The investment will accelerate the company’s Sun-to-Wheel model, which ...
/ Solar
Exus to Acquire 1 GW of Solar Projects in Brazil

Exus to Acquire 1 GW of Solar Projects in Brazil

Exus Brasil Investimentos, an asset manager of Exus Management Partners (Exus), has signed a deal to acquire 100% shares of the Riacho da Serra project in Piauí, Brazil, from Decal ...
/ Solar
Funding and M&A Roundup: Nexeon Raises Over $200 Million for Battey Materials Production

Funding and M&A Roundup: Nexeon Raises Over $200 Million for Battey Materials Production

Nexeon, a battery materials developer and manufacturer, has completed the second close of its fundraising resulting in a total investment of $170 million. A further $50 million of commercial investments ...
/ Solar, Storage
Project Finance Brief: Enfinity Global Raises $242 Million for Solar Projects in Japan

Project Finance Brief: Enfinity Global Raises $242 Million for Solar Projects in Japan

Enfinity Global, a renewable energy company, has secured $242 million (~$¥29 billion) in long-term financing for three solar projects in Japan totaling 70 MW. Nomura, a financial institution, acted as ...
/ Solar, Storage