Funding and M&A Roundup: Apricus Generation Secures $30 Million

Energy Solutions Group, an independent power producer specializing in renewable energy, announced the closing of a €125 million (~$139 million) investment provided by Infranity, a leading infrastructure investment and asset management firm. The investment comprises a €75 million (~$83 million) capital increase and a €50 million (~$55.5 million) secondary transaction involving existing shares. This funding round follows a previous capital injection secured in December 2024.

Affiliated Managers Group, an investment management firm, announced that it has entered into a definitive agreement to acquire a minority equity stake in Qualitas Energy, an investment firm focused on renewable energy, the energy transition, and sustainable infrastructure. Under the terms of the deal, the Qualitas Energy management team will retain majority ownership and continue to lead the company’s day-to-day operations, including all investment, strategic, and operational decisions.

Upvolt, a provider of solar energy solutions, has announced the acquisition of OHM Energy, a provider of solar, heating, and electrification systems for homes, businesses, and public-sector organizations. This acquisition brings new expertise to Upvolt, enhancing its capabilities in the renewable energy sector. Through this acquisition, Upvolt is expected to offer fully integrated energy systems across both residential and commercial sectors.

Spanish infrastructure investor Asterion Industrial Partners has acquired a stake in Revalue Energies, an Italian renewables developer, to support its expansion as an independent power producer (IPP). Revalue Energies is stated to be developing 2.7 GW of solar, wind, and storage assets. Also, in the coming 12 months, the company is expected to complete the construction of around 40 MW of projects that were awarded at the FER auction and enjoy a 20-year tariff.

For reports and trackers on funding and M&A transactions in solar, energy storage, and smart grid sectors, click here.

Read last week’s funding roundup.


RELATED POSTS