Catalyze Archives - Mercom Capital Group

Eku Energy Secures Financing for 99 MW/198 MWh Battery Storage Project

Project Finance Brief: Spearmint Energy Secures $250 Million for BESS Projects

April 23
Staff
Solar, Storage

Spearmint Energy, a utility-scale battery storage project developer, secured more than $250 million in financing for the construction and development of two 100 MW/200 MWh

Thrive Renewables Acquires 14 MW Solar Project

Catalyze Secures $85 Million Financing for Distributed Energy Portfolio

April 21
Staff
Solar

Catalyze, a project developer and independent power producer of distributed renewable energy assets, secured $85 million in tax equity investment from RBC Community Investments (RBC).

BNZ Acquires 127.7 MW Solar Projects in Italy

Project Finance Brief: Catalyze Secures $100 Million for Community Solar Projects

Catalyze, a solar and energy storage project developer, secured $100 million in financing from NY Green Bank, a division of the New York State Energy

Primergy Secures $350 Million for 408 MW Solar Project

Catalyze Secures $100 Million Financing for Community Solar Projects

May 20
Staff
Solar

Catalyze, a solar and energy storage project developer, secured $100 million in financing from NY Green Bank, a division of the New York State Energy

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,