Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


BluEarth Acquires 1 GW Eads Solar and Wind Solar Project in the US

IKEA Acquires 92 MW of Solar and Wind Projects in Poland for $203 Million

Ingka Group, which owns most of the IKEA retail stores across the globe, through its investment arm Ingka Investments, has acquired ready-to-build wind and solar projects totaling 92 MW located ...
/ Solar
Nautilus Solar Acquires Maine Community Solar Portfolio from BNRG Maine

Nautilus Solar Acquires Maine Community Solar Portfolio from BNRG Maine

Nautilus Solar Energy, a solar project developer through its subsidiary Nautilus U.S. Power Holdco, has acquired two community solar portfolios with five projects totaling 26.2 MW in Maine from BNRG ...
/ Solar
Opdenergy Closes $54 Million Credit line with CaixaBank

Opdenergy Closes $54 Million Credit line with CaixaBank

Opdenergy, an independent renewable energy producer, closed two credit lines with CaixaBank totaling €50 million (~$53.5 million), both of which are qualified as green as they conform with the principles ...
/ Solar
Funding and M&A Roundup: Solar Developer Intersect Power Secures $750 Million in Funding

Borqs Technologies Raises $16 Million to Expand its Solar and Energy Storage Business

Borqs Technologies, a provider of 5G wireless solutions, Internet of Things (IoT) solutions, and innovative clean energy, with global operations in the U.S., India, and China, raised $16 million in ...
/ Storage
Bluefield Solar Income Fund Raises $189 Million Through Share Placement

Bluefield Solar Income Fund Raises $189 Million Through Share Placement

Bluefield Solar Income Fund, an income fund focused on acquiring and managing renewable energy and storage assets predominantly in the UK, has raised £150 million (~$189 million) through the issue ...
/ Solar