Pivot Energy, a commercial and community solar project developer, has acquired SGC Power, a Maryland-based community solar developer. SGC Power has been involved in 2.8
Funding and M&A Roundup: Shell Completes Acquisition of Sprng Energy
Shell Overseas Investment, a wholly owned subsidiary of Shell, has completed its 100% acquisition of Solenergi Power and, with it, the Sprng Energy group of companies
Project Finance Brief: Exus to Acquire 20 Solar Projects Totaling 1 GW in Brazil
Exus Brasil Investimentos, an asset manager of Exus Management Partners (Exus), has signed a deal to acquire 100% shares of the Riacho da Serra project
MPower Acquires Lakeland Solar & Storage Project
MPower Group, a developer of turn-key solar, battery storage, and microgrid projects, completed the acquisition of the Lakeland solar+storage project. Located in Cooktown Shire, North
Funding and M&A Roundup: Nexeon Raises Over $200 Million for Battey Materials Production
Nexeon, a battery materials developer and manufacturer, has completed the second close of its fundraising resulting in a total investment of $170 million. A further
Project Finance Brief: Enfinity Global Raises $242 Million for Solar Projects in Japan
Enfinity Global, a renewable energy company, has secured $242 million (~$¥29 billion) in long-term financing for three solar projects in Japan totaling 70 MW. Nomura,
Nexeon Raises $200 Million to Fund Battery Materials Manufacturing
Nexeon, a battery materials developer and manufacturer, has completed the second close of its fundraising resulting in a total investment of $170 million. Additionally, a
ArcLight Acquires 80 MWh Battery Storage Projects in Pennsylvania and West Virginia
ArcLight Capital Partners, a private equity firm focused on energy, infrastructure, and energy transition, announced that their affiliate, Sequitur Renewables, has agreed with affiliates of GlidePath Power
Li Industries Raises $7 Million in Series A Funding
Li Industries, a developer of lithium-ion battery recycling technologies, announced the closing of a Series A funding round of $7 million. Khosla Ventures led the
Broad Reach Power Closes $160 Million for 18 Energy Storage Projects
Broad Reach Power, a utility-scale battery storage platform, closed a $160 million project financing for 17 operating battery energy storage systems in Texas and one