Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Enfinity Global Raises $242 Million for 70 MW of Solar Projects in Japan

Enfinity Global Raises $242 Million for 70 MW of 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
Funding and M&A Roundup: PNE AG Acquires Majority Stake in Spanish Solar Developer

Funding and M&A Roundup: PNE AG Acquires Majority Stake in Spanish Solar Developer

PNE AG, a German power-focused renewables company, has acquired 51% of the shares in Coliaenergia (KOLYA), a Spanish developer of large solar projects from Consultoria Industrial Beaguihe and Garisun Renovables ...
/ Solar, Storage
Project Finance Brief: Spearmint Energy Acquires 150 MW Battery Energy Storage Project

Project Finance Brief: Spearmint Energy Acquires 150 MW Battery Energy Storage Project

Spearmint Energy, a green merchant trading company developing, owning, operating, and trading around Battery Energy Storage, acquired the 150 MW Revolution battery energy storage project from Con Edison Development, a ...
/ Solar, Storage
Sistema Rinnovabili and ING Bank Provide $32.8 Million for a 30 MW Solar Project in Italy

Cypress Creek Renewables Acquires 100 MW of Solar Asset

Cypress Creek Renewables, a project developer and an independent power producer, acquired a 100 MW solar transmission project from Carson Power, a solar and storage developer. The financial details of ...
/ Solar
ICG Infra Acquires British Solar Renewables

ICG Infra Acquires British Solar Renewables

ICG, an alternative asset manager, announced that its debut Infrastructure fund, ICG Infra I (ICG Infra), has acquired British Solar Renewables (BSR), an integrated solar developer in the UK. The ...
/ Solar