Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


EV Charging Solutions Provider JOLT Energy Raises $162 Million in Funding

EV Charging Solutions Provider JOLT Energy Raises $162 Million in Funding

JOLT Energy, a provider of EV charging solutions, has secured a €150 million (~$162 million) investment from InfraRed Capital Partners, an infrastructure fund manager. The investment will help JOLT expand ...
/ Smart Grid
French EV Charging Company Driveco Raises $273 Million in Funding

French EV Charging Company Driveco Raises $273 Million in Funding

Driveco, a provider of EV charging solutions, raised €250 million (~$273 million) from APG, an institutional investor. The funding round also saw the participation of existing shareholders Mirova and Corsica ...
/ Storage
Aspen Power Acquires 37 MW Community Solar Portfolio in the U.S.

Aspen Power Acquires 37 MW Community Solar Portfolio in the U.S.

Aspen Power, a distributed generation platform with the dual mission of accelerating and democratizing decarbonization, acquired a portfolio of 15 ground-mounted community solar projects totaling 37 MW in Maine. The ...
/ Solar
Pivot Energy Secures $203 Million Financing for Solar Projects in the US

Pivot Energy Secures $203 Million Financing for Solar Projects in the US

Pivot Energy, a solar provider that develops, finances, builds, owns, and manages solar and energy storage projects, secured a $203 million financing facility to support the construction of 100 MW ...
/ Solar
Enerparc Secures Financing for 69 MW Solar Project in Germany

Enerparc Secures Financing for 69 MW Solar Project in Germany

Enerparc, a solar project developer, secured financing for constructing 69 MW of solar portfolio in Germany. The company received a unitranche financing for the construction and operation of six solar ...
/ Solar