Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Sonnen Acquires Webatt Energia for an Undisclosed Amount

Sonnen Acquires Webatt Energia for an Undisclosed Amount

German-based Sonnen - which produces home energy storage systems for private households and small businesses - has acquired Webatt Energia, an installer of solar PV and energy storage products. The ...
/ Solar
African Infrastructure Investment Managers (AIIM), an infrastructure-focused private equity fund manager through its IDEAS Managed Fund (IDEAS), acquired a majority stake in three solar projects in South Africa.

AIIM Acquires a Majority Stake in 30 MW Solar Portfolio in South Africa

African Infrastructure Investment Managers (AIIM), an infrastructure-focused private equity fund manager through its IDEAS Managed Fund (IDEAS), acquired a majority stake in three solar projects in South Africa. The 30 ...
/ Solar
Summit Ridge Secures $15 Million for 31 MWh Energy Storage Projects

Greenbacker Invests in Commercial Solar and Storage Platform Sunrock

Greenbacker Capital Management, through its Greenbacker Development Opportunities Fund I, a private equity fund that invests in sustainable infrastructure platforms across the US, has invested in Sunrock Distributed Generation (Sunrock ...
/ Solar, Storage
SPIC Brasil Acquires 70% Stake in 738 MW of Solar Projects in Brazil from Canadian Solar

SPIC Brasil Acquires 70% Stake in 738 MW of Solar Projects in Brazil from Canadian Solar

Canadian Solar, a vertically integrated manufacturer of silicon ingots, wafers, and PV cells and modules, signed an agreement with SPIC Brasil, a power generation company in Brazil, to sell a ...
/ Solar
ERG to Acquire 33.8 MW of Solar Projects in Italy

ERG to Acquire 33.8 MW of Solar Projects in Italy

ERG, through its subsidiary ERG Power Generation, has signed an agreement to acquire 100% of the capital of MP Solar, a Dutch company owned by the ABN AMRO Sustainable Impact ...
/ Solar