Mercom Research Focus

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Mercom Research Focus

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Q2 2024 FUNDING AND M&A REPORT


Octopus Energy Fully Acquires Renewables Developer Exagen

Octopus Energy Fully Acquires Renewables Developer Exagen

Octopus Energy Generation, a British renewable energy group, has acquired renewables developer Exagen through its Octopus Energy Development Partnership (OEDP) fund. This acquisition comes after Octopus acquired an initial 24% ...
/ Storage
ZE Energy Secures Financing for 77 MW Solar and Storage Project

ZE Energy Secures Financing for 77 MW Solar and Storage Project

ZE Energy, a France-based solar and energy storage project developer, closed an assetco financing to construct a 77 MWp solar project coupled with a 14.8 MW/33.5 MWh lithium-ion battery storage ...
/ Solar
Energy Storage Industries Raises $40 Million in Funding for Iron Flow Batteries

Energy Storage Industries Raises $40 Million in Funding for Iron Flow Batteries

Energy Storage Industries – Asia Pacific (ESI), an iron flow battery manufacturer and energy storage project developer, has received a total investment of AU$65 million (~$40 million) in funding; AU$25 ...
/ Storage
BayWa r.e. Sells Solar Projects Totaling 222 MW to Octopus Energy Generation

BayWa r.e. Sells Solar Projects Totaling 222 MW to Octopus Energy Generation

BayWa r.e., a developer of renewable energy projects, announced the sale of four solar projects to Octopus Energy Generation, a renewable energy investment firm. The projects have a combined capacity ...
/ Solar
Solar, Acquisition, M&A, Solutions30, Xperal

Solutions30 Acquires Solar Construction Firm Xperal

Solutions30, a provider of support services related to new digital technologies, has announced the acquisition of Xperal, a company that offers design, engineering, procurement, commissioning, and maintenance services for solar projects ...
/ Solar