Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


TRC Companies Acquires Blue Oak Energy

TRC Companies Acquires Blue Oak Energy

TRC Companies (TRC), a consulting firm providing environmentally focused and digitally powered solutions, acquired Blue Oak Energy, a firm specializing in engineering solar and solar energy storage projects. With this ...
/ Solar
Powin Receives $135 Million in Growth Equity Funding

Powin Receives $135 Million in Growth Equity Funding

Powin, an energy storage solutions provider, announced a $135 million growth equity investment led by GIC, a global investment firm with participation from existing investors Trilantic Energy Partners North America ...
/ Storage
H.C. Starck Invests $53 Million in Nyobolt

H.C. Starck Invests $53 Million in Nyobolt

H.C. Starck Tungsten Powders, a manufacturer of tungsten powder, announced an investment of £45 million (~$53 million) into Nyobolt, a fast-charging Li-ion battery solutions company. The investment will help fund ...
/ Storage
Summit Ridge Energy Secures $175 Million Strategic Investment from Apollo Funds

Summit Ridge Energy Secures $175 Million Strategic Investment from Apollo Funds

Summit Ridge Energy - an owner and operator of community solar assets - has secured a $175 million strategic investment from Apollo Funds, a global investment management firm. Vinson&Elkins acted ...
/ Solar
Greener Power Solutions Raises $45 Million in Funding

Greener Power Solutions Raises $45 Million in Funding

Greener Power Solutions, an Amsterdam-based mobile battery rental provider, has raised €45 million (~$45 million) from DIF Capital Partners, an investment firm specializing in infrastructure and sustainable energy investments. Greener ...
/ Storage