Mercom Research Focus

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Mercom Research Focus

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Q2 2024 FUNDING AND M&A REPORT


Supercapacitor Maker Skeleton Raises $42.6 Million in Series D Funding

Supercapacitor Maker Skeleton Raises $42.6 Million in Series D Funding

Skeleton Technologies, an Estonia-based manufacturer of ultracapacitor-based energy storage, raised €37.6 million (~$42.6 million) in a Series D funding round from a group of investors. Including the latest round, the ...
/ Storage
Innergex Acquires 50.6 MW Solar Project in Chile for $25.7 Million

Innergex Acquires 50.6 MW Solar Project in Chile for $25.7 Million

Innergex Renewable Energy, a Canadian power producer, acquired the 50.6 MW San Andres solar project located in the Atacama Desert in Northern Chile for a total purchase price of $25.7 ...
/ Solar
NextEnergy Capital Closes $896 Million Fundraise for NextPower III ESG

NextEnergy Capital Closes $896 Million Fundraise for NextPower III ESG

NextEnergy Capital (NEC), an investment firm and asset manager, closed an $896 million fundraise for NextPower III ESG (NPIII ESG), a private fund that focuses on the international solar infrastructure ...
/ Solar
Israeli Battery Manufacturer Addionics Closes $27 Million in Series A Funding

Israeli Battery Manufacturer Addionics Closes $27 Million in Series A Funding

Addionics, an Israel-based chemistry-agnostic battery technology company, raised $27 million in a Series A funding round. The funding round was led by Deep Insight, a deep tech investment firm founded ...
/ Storage
Blue Elephant Energy Acquires 120 MW of Solar Projects in the Netherlands

Blue Elephant Energy Acquires 120 MW of Solar Projects in the Netherlands

Blue Elephant Energy (BEE), a Hamburg-based independent operator of solar and wind projects, acquired a solar projects portfolio with an overall capacity of 120 MW from Chint Solar. The acquired ...
/ Solar