Mercom Research Focus

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Mercom Research Focus

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Q2 2024 FUNDING AND M&A REPORT


Summit Ridge Energy Secures $175 Million Strategic Investment from Apollo Funds

Summit Ridge Energy Secures $175 Million Strategic Investment from Apollo Funds

Summit Ridge Energy - an owner and operator of community solar assets - has secured a $175 million strategic investment from Apollo Funds, a global investment management firm. Vinson&Elkins acted ...
/ Solar
Greener Power Solutions Raises $45 Million in Funding

Greener Power Solutions Raises $45 Million in Funding

Greener Power Solutions, an Amsterdam-based mobile battery rental provider, has raised €45 million (~$45 million) from DIF Capital Partners, an investment firm specializing in infrastructure and sustainable energy investments. Greener ...
/ Storage
Wildcat Discovery Technologies Raises $90 Million in Funding

Wildcat Discovery Technologies Raises $90 Million in Funding

Wildcat Discovery Technologies, a developer of new battery materials, has raised $90 million in a Series D funding round led by Koch Strategic Platforms (KSP), an investment subsidiary of Koch ...
/ Storage
THOR Industries Invests $15 Million in Dragonfly Energy

THOR Industries Invests $15 Million in Dragonfly Energy

THOR Industries, a manufacturer of recreational vehicles (RVs), has made a strategic investment of $15 million into Dragonfly Energy, a Lithium-ion battery manufacturer. Dragonfly Energy produces batteries for the Recreational ...
/ Storage
Umbrella Solar Investment Closes Financing for 212 MW Solar Project in Spain

Umbrella Solar Investment Closes Financing for 212 MW Solar Project in Spain

Umbrella Solar Investment, a Spanish company focused on photovoltaic solar energy, has secured debt financing from Incus Capital, an investment firm, and equity co-investment with Rgreen Invest through its Infragreen ...
/ Solar