Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Matrix Renewables Raises $92 Million for Solar Plus Storage Projects in the US

Matrix Renewables Raises $92 Million for Solar Plus Storage Projects in the US

Matrix Renewables, the TPG Rise-backed global renewable energy platform, has signed a $92 million tax equity funding for the Gaskell West 2 and Gaskell West 3 projects in the U.S ...
/ Solar
Project Finance Brief: Spearmint Energy Acquires 150 MW Battery Energy Storage Project

Project Finance Brief: Recurrent Energy Acquires Two 200 MWh Energy Storage Projects

Recurrent Energy, a wholly-owned subsidiary of Canadian Solar, acquired two standalone energy storage projects from Black Mountain Energy Storage. The projects are in the South Load Zone of the Texas ...
/ Solar, Storage
Funding and M&A Roundup Power Factors Acquires Renewable Software Provider Inaccess

Funding and M&A Roundup: Power Factors Acquires Renewable Software Provider Inaccess

Power Factors, a provider of renewable asset management software, acquired Inaccess, a provider of integrated mission-critical software and hardware solutions for renewable energy projects, battery energy storage systems, hybrid plants, ...
/ Solar, Storage
Mirova Acquires SunFunder to Expand Clean Energy Investment

Mirova Acquires SunFunder to Expand Clean Energy Investments

Mirova, an affiliate of Natixis Investment Manager and asset management company offering investment solutions, acquired SunFunder, a private debt management company that finances renewable energy projects in Africa and Asia ...
/ Solar
Connected Energy Raises $16 Million in Funding

Connected Energy Raises $16 Million in Funding

Connected Energy, a  provider of second-life battery energy storage systems, has raised £15 million (~$15.7 million) in funding from Caterpillar Venture Capital, the Hinduja Group, Mercuria, OurCrowd, and Volvo Energy ...
/ Storage