Mercom Research Focus

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Mercom Research Focus

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Q2 2024 FUNDING AND M&A REPORT


Aspen Power Acquires 53 MW Community Solar Projects from Trajectory Energy Partners

Aspen Power Acquires 53 MW Community Solar Projects from Trajectory Energy Partners

Aspen Power, a distributed generation platform with the dual mission of accelerating and democratizing decarbonization, has acquired 53 MW of community solar projects in Maryland and Pennsylvania from Trajectory Energy ...
/ Solar
Field Energy Secures $51 Million to Build 110 MW BESS System in the UK

Field Energy Secures $51 Million to Build 110 MW BESS System in the UK

Triple Point Energy Efficiency Infrastructure, an investment firm, announced that the Group, via TEEC Holdings, has signed contracts to provide a debt facility to a subsidiary of Virmati Energy to ...
/ Storage
Project Finance Brief: Canadian Solar to Sell 105 MW Solar Plus 80 MWh Storage Project

Project Finance Brief: Canadian Solar to Sell 105 MW Solar Plus 80 MWh Storage Project

Canadian Solar, through its wholly-owned subsidiary Recurrent Energy and Matrix Renewables, the TPG Rise-backed global renewable energy platform, announced an agreement whereby Matrix Renewables will acquire the Gaskell West 2 ...
/ Solar, Storage
Funding and M&A Roundup EV Charging Company ChargePoint Raises $300 Million in Financing

Funding and M&A Roundup: EV Charging Company ChargePoint Raises $300 Million in Financing

ChargePoint, a provider of an open electric vehicle charging network, announced that Antara Capital would invest $300 million in the company by purchasing convertible senior notes to accelerate the company’s ...
/ Solar, Storage
Ingka Investments Acquires 440 MW of Solar Projects in Germany and Spain

Ingka Investments Acquires 440 MW of Solar Projects in Germany and Spain

Ingka Investments, an investment arm of Ingka Group, acquired nine solar PV projects totaling 440 MW in Germany and Spain from solar PV developer Enerparc. The expected generation capacity of ...
/ Solar