Mercom Research Focus

Featured 

Mercom Research Focus

Featured 

Q1 2024 FUNDING AND M&A REPORT


SWTCH Energy Raises $27.2 Million in Series C Funding

Battery Manufacturer Northvolt Raises $150 Million

Northvolt, a Sweden-based manufacturer of lithium-ion batteries, received around CAD 200 million (~$150 million) from CDPQ. The funding is in the form of a convertible debt, which will help facilitate the Northvolt Six ...
/ Storage
Funding and M&A Roundup: Battery Manufacturer Northvolt Secures $5 Billion Loan

Leeward Renewable Energy Secures $580 Million Financing for Solar and Wind Projects

Leeward Renewable Energy, a solar, wind, and energy storage project developer, closed $580 million of tax equity commitments and debt facilities for its White Wing Ranch Solar and GSG Wind ...
/ Solar
Recurrent Energy Secures Financing for 152 MW Solar Project in Brazil

Rubis Photosol Acquires 29 MW Solar Portfolio in Spain

Rubis Photosol, an independent French energy operator, acquired a 29 MW solar portfolio in Spain from the European Solar Energy Development JV, a collaborative venture established between Emeren and Eiffel ...
/ Solar
Battery Management Company Element Energy Secures $111 Million

Battery Management Company Element Energy Secures $111 Million

Element Energy, a battery management technology company, closed $111 million in funding comprising a $73 million Series B equity investment and a $38 million debt facility provided by Keyframe Capital ...
/ Storage
Funding and M&A Roundup: Nexamp Secures $520 Million

Foresight Solar Sells 50% Stake in Solar Projects Portfolio in Spain

Foresight Solar, a sustainability-focused fund investing in solar and battery storage assets, sold a 50% stake in Spain's 99 MW Lorca solar portfolio. A Luxembourg-based fund advised by EB-Sustainable Investment ...
/ Solar