Mercom Research Focus

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Mercom Research Focus

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Q2 2024 FUNDING AND M&A REPORT


Brookfield Renewable Acquires Renewable Energy Developer Urban Grid

Brookfield Renewable Acquires Renewable Energy Developer Urban Grid

Brookfield Renewable, together with its institutional partners, acquired renewable energy developer Urban Grid and its pipeline of projects comprising approximately 13,000 MW of utility-scale solar and 7,000 MW of energy ...
/ Solar
Project Finance Brief Brookfield Acquires 20 GW Solar and Energy Storage Portfolio

Project Finance Brief: Blue Elephant Acquires 120 MW of Solar Projects in the Netherlands

Blue Elephant Energy (BEE), a Hamburg-based independent operator of solar and wind projects, acquired six ready-to-build solar projects in the Netherlands with an overall capacity of 120 MW from Chint ...
/ Solar, Storage
Funding and M&A Roundup: Israeli Battery Technology Company Addionics Raises $27 Million

Funding and M&A Roundup: Israeli Battery Technology Company Addionics Raises $27 Million

Addionics, a chemistry-agnostic battery technology company, has raised $27 million in a Series A funding round to scale up its efforts to redesign battery architecture with the company’s Smart 3D ...
/ Solar, Storage
Lightsource bp Closes $533 Million Financing for 345 MW Solar Project in Louisiana

Lightsource bp Closes $533 Million Financing for 345 MW Solar Project in Louisiana

Lightsource bp, a solar project developer, has closed a $533 million multi-project financing package and started the construction on its 345 MW Ventress Solar project in Louisiana. Lightsource bp will ...
/ Solar
Cordelio Power Acquires 900 MW of Solar Projects from SunEast Renewables

Cordelio Power Acquires 900 MW of Solar Projects from SunEast Renewables

Cordelio Power, a renewable power producer, acquired a 900 MW pipeline of utility-scale solar projects from SunEast Renewables, a solar project developer. The projects are located primarily in New York, ...
/ Solar