Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Solid State to Acquire Custom Power for $45 Million

Solid State to Acquire Custom Power for $45 Million

Solid State, a manufacturer & distributor of electronic components, entered into a conditional agreement to acquire Custom Power, a battery systems manufacturer and energy solutions provider, for $45 million. Solid ...
/ Storage
Brill Power Raises $10.5 Million in Series A Funding

Brill Power Raises $10.5 Million in Series A Funding

Brill Power, a developer of intelligent battery management systems, announced that it raised $10.5 million in a Series A funding round. Legal & General Capital and Barclays Sustainable Impact Capital Programme ...
/ Storage
Opdenergy Closes $254 Million Debt Facility

Opdenergy Closes $254 Million Debt Facility

Opdenergy, an independent renewable energy producer, has closed a €250 million (~$254 million) debt facility for issuing new senior bonds with EIG, an investor in energy and infrastructure sectors, and ...
/ Solar
Solar Roofing Startup Solarstone Secures $10 Million Funding

Solar Roofing Startup Solarstone Secures $10 Million Funding

Solarstone, a solar roofing startup, raised €10 million (~$10.2 million) in funding. The company will use these funds to expand its integrated solar PV solutions business across Europe and beyond ...
/ Storage
Generate Capital Acquires Battery Storage Developer esVolta

Generate Capital Acquires Battery Storage Developer esVolta

Generate Capital, a sustainable infrastructure platform, has acquired large-scale battery storage developer esVolta. The acquisition will enable Generate to expand into the front-of-the-meter battery storage market. esVolta has a portfolio ...
/ Storage