Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Solar and Energy Efficiency Solutions Provider PosiGen Secures $12 Million Loan

Solar and Energy Efficiency Solutions Provider PosiGen Secures $12 Million Loan

PosiGen, a residential solar and energy efficiency solutions provider, secured a $12 million loan. ImpactAssets partnered with Connecticut Green Bank and Inclusive Prosperity Capital to provide the loan. The $12 ...
/ Solar
Solar Q4 2023 Report

Atmos Renewables Acquires 112 MW Karadoc Solar Project

Atmos Renewables, a renewable energy company focused on building and operating renewable and clean energy infrastructure across Australia, acquired the 112 MWdc (90 MW ac) Karadoc solar project from BayWa ...
/ Solar
Battery Materials Manufacturer Mitra Chem Raises $40 Million

Battery Materials Manufacturer Mitra Chem Raises $40 Million

Mitra Future Technologies (Mitra Chem), a lithium-ion battery materials manufacturer, completed a $40 million first close of a $60 million Series B funding round which is expected to help the ...
/ Storage
Funding and M&A Roundup Cornish Lithium Secures $67 Million Funding

Funding and M&A Roundup: Cornish Lithium Secures $67 Million Funding

Cornish Lithium, a U.K.-based mineral exploration and development company, has secured a $67 million direct equity investment led by UK Infrastructure Bank alongside the Energy & Minerals Group (EMG) and ...
/ Solar, Storage
Project Finance Brief: SMT Energy, SUSI Partners Secure Funds for 100 MW BESS Portfolio

Project Finance Brief: SMT Energy, SUSI Partners Secure Funds for 100 MW BESS Portfolio

SUSI Partners, a Swiss-based fund manager, and SMT Energy, an energy storage project developer, have secured a tax equity investment from specialized tax equity investor Greenprint Capital for a co-owned ...
/ Solar, Storage