Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


EDP Renewables Acquires 200 MW Solar Projects in Vietnam

Project Finance Brief: Signal Iduna Acquires a 650 MW Solar Project in Germany

Signal Iduna and its financial subsidiary HANSAINVEST Real Assets acquired the 650 MW Witznitz solar project in Lake Hainer near Leipzig, Germany. The project is subject to planning approval. Moveon ...
/ Solar, Storage
Funding and M&A Roundup Repsol Sells 25% Renewables Stake to EIP, Credit Agricole

Funding and M&A Roundup: Repsol Sells 25% Renewables Stake to EIP, Credit Agricole

Repsol Renovables, a Spanish energy, and petrochemical company has approved the sale of 25% of its stake in the renewables business to a consortium formed by the French insurance company ...
/ Solar, Storage
Summit Ridge Secures $15 Million for 31 MWh Energy Storage Projects

Summit Ridge Secures $15 Million for 31 MWh Energy Storage Projects

Summit Ridge Energy - an owner and operator of community solar assets, secured $15 million in funding for constructing two lithium-ion battery energy storage systems (BESS) projects totaling 31 MWh ...
/ Storage
Repsol Sells 25% Renewables Stake to EIP, Credit Agricole

Repsol Sells 25% Renewables Stake to EIP, Credit Agricole

Repsol Renovables, Spanish energy, and petrochemical company has approved the sale of 25% of its stake in the renewables business to the consortium formed by the French insurance company Credit ...
/ Solar
OhmConnect Raises $55 Million in Series D Funding

OhmConnect Raises $55 Million in Series D Funding

OhmConnect, a provider of residential energy solutions, raised $55 million in a Series D funding round led by ClearSky, Sidewalk Infrastructure Partners (SIP), and TELUS Ventures. Other investors in the funding round ...
/ Storage