Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


SOWITEC Sells 570 MW of Solar Projects in Mexico

Project Finance Brief: Matrix Renewables Secures Financing for 50 MW Solar Project

Matrix Renewables, the TPG Rise-backed renewable energy platform, secured €47 million (~$50.47 million) non-recourse financing for constructing a 50 MW solar power project in the La Rinconada municipality area in ...
/ Solar, Storage
Funding and M&A Roundup Microgrid Solutions Provider Nuru Raises $40 Million

BlueWave Secures $91 Million Financing for Agrivoltaics Projects in Massachusetts

BlueWave, a solar and storage project developer, secured $91 million in financing from KeyBank and U.S. Bancorp Impact Finance for the construction and long-term financing of five projects in Massachusetts ...
/ Solar
Goldbeck Solar Secures $48 Million for Solar Projects

GreenYellow Secures $33 Million Financing for 32 MW of Solar Projects

GreenYellow, a renewable energy project developer, secured €31 million (~$33.25 million) financing with Caisse d'Epargne CEPAC, acting as Mandated Arranger, and Natixis, acting as Cover Bank for the construction of ...
/ Solar
Energy Storage Developer Field Energy Secures $257 Million from DIF Capital Partners

Energy Management Startup Ostrom Gets $8 Million Funding

Ostrom, an energy management solution provider, raised $8 million in funding in an investment round led by SE Ventures along with existing investors Union Square Ventures, Adjacent, J12, and Übermorgen ...
/ Storage
Opdenergy Secures $252 Million Project Financing for 260 MW of Solar Projects

Encavis Acquires 28 MW of Solar Project in Spain

Germany-based independent power producer Encavis acquired a 28 MW solar project in Spain from ILOS Projects. The construction of the solar project is expected to begin shortly, and the grid ...
/ Solar