Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Polaris Infrastructure to Acquire a 32 MW Solar Project in the Dominican Republic

Polaris Infrastructure to Acquire a 32 MW Solar Project in the Dominican Republic

Canadian-based Polaris Infrastructure, a publicly-traded company engaged in the acquisition, development, and operation of renewable energy projects in Latin America, has signed a Share Purchase Agreement (SPA) with a renewable ...
/ Solar
Tandem PV Raises $6 Million in Series A Funding

Tandem PV Raises $6 Million in Series A Funding

Tandem PV, a solar PV technology company, specializing in tandem metal-halide perovskite solar panels, announced the initial $6 million close of its $12 million Series A financing round. The round ...
/ Solar
Antin Infrastructure Partners Acquires SNRG

Antin Infrastructure Partners Acquires SNRG

Antin Infrastructure Partners, a private equity firm, has entered into an agreement to acquire a majority stake in SNRG, an owner-operator of fully integrated smart grid systems for residential and, ...
/ Storage
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.

Greenbacker Renewable Energy Secures $76 Million Credit Facility

Greenbacker Renewable Energy, an owner, and operator of sustainable infrastructure and energy efficiency projects, has entered into a senior credit agreement of $76.3 million with joint lead arrangers Fifth Third ...
/ Solar
Pivot Energy Closes $190 Million Debt and Tax Equity Financing for US Solar Portfolio

Pivot Energy Closes $190 Million Debt and Tax Equity Financing for US Solar Portfolio

Pivot Energy, a solar provider that develops, finances, builds, owns, and manages solar and energy storage projects, closed a $190 million financing facility to support a 90 MW multi-state portfolio ...
/ Solar