Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Distributed Solar and Storage Developer Agilitas Energy Raises $350 Million in Funding

Yotta Energy Secures an Additional $3.5 Million in Series A Funding

Yotta Energy, a li-based energy storage developer, has raised an additional $3.5 million, including a strategic investment from inverter OEM partner APsystems, bringing its total Series A investment to $16.5 million ...
/ Storage
Summit Ridge Secures $15 Million for 31 MWh Energy Storage Projects

Quinbrook and Primergy Close on $1.9 Billion in Financing for Gemini Solar Plus Storage Project

Quinbrook Infrastructure Partners, an investment manager focused on renewables, storage, and grid support infrastructure investments, and Primergy, a developer, owner, and operator focused on both distributed and utility-scale solar PV ...
/ Solar, Storage
Econergy Acquires 49% Stake in 460 MW of Solar Projects in Greece with Terna Energy

Econergy Acquires 49% Stake in 460 MW of Solar Projects in Greece with Terna Energy

Econergy Renewable Energy, an investor, developer, and operator in renewable energy projects has entered into a partnership with Terna Energy, a developer, constructor, owner, and operator of renewable energy projects, ...
/ Solar
Cypress Creek Renewables Closes $450 Million Debt Facility

Cypress Creek Renewables Closes $450 Million Debt Facility

Cypress Creek Renewables (CCR), a developer and operator of utility-scale and distributed solar and energy storage projects, has closed a $450 million debt facility to expand its solar and storage ...
/ Solar
Jupiter Power Closes $174.6M Debt Financing for Six Texas Battery Storage Projects

Jupiter Power Closes $174.6M Debt Financing for Six Texas Battery Storage Projects

Jupiter Power, a developer and operator of utility-scale battery energy storage systems, raised $174.6 million in portfolio debt financing for six battery energy storage projects in the ERCOT market in ...
/ Storage