Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Modus Asset Management Acquires 55 MW of Solar Projects in Latvia

PAD RES Secures $58 Million for 117 MW Solar Projects in Poland

PAD RES, a solar and wind project developer, secured PLN 240 million (~$58.49 million) to construct two solar projects totaling 117 MW in Poland. The financing agreement was signed with ...
/ Solar
NEU-Battery-Materials-Raises-3.7-Million-in-Seed-Funding

Smart Home Energy Company dcbel Raises $50 Million in Series B Funding

dcbel, a smart home energy company, raised over $50 million in Series B funding. The funding round saw participation from existing investors Volvo Cars, Coatue, Kevin Mahaffey, Real Ventures, and ...
/ Smart Grid
Smart Home Company myenergi Gets $36 Million

Greenbacker Secures $75 Million Warehouse Facility Financing

Greenbacker, an investment manager, and independent power producer, announced that it has closed on a new warehouse financing facility with an initial aggregate principal amount of $75 million, with the ...
/ Solar
Funding and M&A Roundup: BESS Developer NineDot Raises $225 Million

Thermal Energy Storage Provider Rondo Energy Raises $60 Million

Rondo Energy, a thermal energy storage company, raised $60 million in a new funding round from Breakthrough Energy Ventures, Energy Impact Partners, SCG, TITAN, Microsoft's Climate Innovation Fund, Rio Tinto, ...
/ Solar, Storage
TotalEnergies Acquires 208 MW of Solar Projects in Romania

Nautilus Acquires 23 MW of Community Solar Projects

Nautilus Solar Energy, a community solar company on behalf of its affiliate subsidiary Nautilus U.S. Power Holdco (NPUH), announced the acquisition of two community solar portfolios in Maryland totaling 23 ...
/ Solar