BluPine Energy Archives - Mercom Capital Group

Project Finance Brief: JUWI Sells 267 MW Solar Portfolio in Greece

JUWI, a renewable energy project developer and wholly owned subsidiary of MVV Energie, announced the sale of a 267 MW solar portfolio in Greece to

Forge Nano Raises $40 Million to Scale-Up Battery Manufacturing

Project Finance Brief: Intersect Power Secures $837 Million in Project Financing

Intersect Power, a utility-scale solar project developer, announced closing two separate transactions representing an aggregate of $837 million in financing commitments for constructing and operating

Funding and M&A Roundup: SmartSolar Raises $1.8 Million in Seed Funding ORIT secures $125 million five-year term loan facility SmartSolar, a rooftop solar solution provider, has raised $1.85 million in seed funding. The funding was led by Picus Capital and 2degrees, along with participation from early-stage venture capital firm Iterative. With this funding, the company plans to accelerate its growth in Vietnam and expand its footprint across Southeast Asia. The company offers rooftop solar solutions designed to help businesses cut down on electricity costs. Octopus Renewables Infrastructure Trust, an investment company, announced that it has signed a £100 million (~$125 million) five-year term loan facility with three of its existing lenders, Santander, National Australia Bank, and Allied Irish Banks. The funding will be used to pay down a portion of the existing and more expensive Revolving Credit Facility (RCF) debt. According to ORIT, it has drawn £151.2 million (~$191 million) on the RCF so far. Vidyut, an electric vehicle ecosystem platform, has raised $2.5 million in funding from global investor Flourish Ventures. The company will utilize the acquired funds to expand its Battery-as-a-Service offering in passenger and commercial EV segments. By unbundling batteries from EVs and offering them on a pay-per-km subscription basis, Vidyut claimed it had reduced upfront electric three-wheeler costs by 35-40%. 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. Tags: Vidyut, Octopus Renewables Infrastructure Trust, SmartSolar, solar, funding

Project Finance Brief: Enfinity Secures $195 Million for 70 MW Solar Project

Enfinity Global, a renewable energy project developer, secured $195 million in long-term project financing for a 70 MW solar project in Japan. Nomura Securities International,

Mulilo Secures Financing for 75 MW Ukuqala Solar Project

Project Finance Brief: Primergy Secures $588 Million for 408 MW Solar Project

March 20
Staff
Solar, Storage

Primergy Solar, a developer, owner, and operator focused on distributed and utility-scale solar PV and battery storage projects, announced the closure of its $588 million

OX2 Secures $76 Million Financing for the Rutki Solar Project in Poland

Project Finance Brief: Recurrent Energy Secures Funding for 119 MW Solar Project

Recurrent Energy, a global developer, owner, and operator of solar and energy storage, secured financial closure on the 119 MW Horus Solar project in Mexico.

CCE Holding Secures $25 Million for Solar Project in Italy

Project Finance Brief: GoldenPeaks Acquires 283 MW Solar Projects in Poland

December 20
Staff
Solar, Storage

GoldenPeaks Capital Energy, a Malta-headquartered green power producer, has acquired 283 MW ready-to-build solar power projects in Poland, located mostly in the country’s western and