BNZ Archives - Mercom Capital Group

Project Finance Brief: BayWa r.e. Sells 517 MW Solar Projects

November 27
Staff
Solar, Storage

BayWa r.e., a renewable energy project developer, announced the sale of three solar projects totaling 517 MWdc to a privately held renewable independent power producer.

BNZ Acquires 127.7 MW Solar Projects in Italy

November 25
Staff
Solar

BNZ, a solar project developer and an independent power producer (IPP), announced the acquisition of two greenfield solar projects totaling 127.7 MW from GreenGo, a

R.Power Secures $40 Million Financing for 68 MW Solar Project Portfolio in Portugal

Funding and M&A Roundup: Green Gravity Raises $6 Million in Series A Funding

October 23
Staff
Solar, Storage

Green Gravity, a gravity-based energy storage solutions developer, raised AU$9 million (~$6 million) in a Series A funding to complete product development for its gravitational

Funding and M&A Roundup: Exowatt Closes $70 Million Series A Funding

Solar Project Developer BNZ Secures Over $744 Million in Funding

October 17
Staff
Solar

BNZ, a solar project developer and an independent power producer (IPP), announced that it had completed its first Total IPP Financing (TIPPF) for over €680 million (~$744 million)

Project Finance Brief: ib vogt Sells 110 MW Solar Project in Spain

September 25
Sohini Aich
Solar, Storage

ib vogt, a solar and energy storage project developer, announced the sale of its 110 MW Pato solar project in Spain to NextPower V ESG,

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

BNZ Secures $185 Million Green Loan for Solar Project Portfolio

September 24
Staff
Solar

The European Investment Bank (EIB) and BNZ, a solar project developer owned by Nuveen Infrastructure, announced the signing of a €166 million (~$184.68 million) green