debt Archives - Mercom Capital Group

SunStrong Closes $254 Million Securitization Deal

SunStrong Capital Holdings (SunStrong), a provider of financing solutions for the residential solar sector, has announced the successful closing of a $254 million securitization backed

Scatec Secures $479 Million for Solar and Storage Project in Egypt

AMPYR Distributed Energy Secures $229 Million in Debt Funding

June 02
Staff
Solar, Storage

AMPYR Distributed Energy, an investor in renewable energy solutions and part of the AGP Group, has secured £170 million (~$229 million) in debt funding provided

Apricus Generation Secures $30 Million Revolving Credit Facility

Lithium Americas Announces $250 Million Investment from Orion

March 11
Staff
Storage

Lithium Americas, a mineral and mining company, has announced an investment of $250 million from fund entities managed by Orion Resource Partners (Orion), an investment

Solar Solutions Provider Allume Energy Secures $4.6 Million in Funding

Alight Secures $123 Million Debt Financing for Solar Projects in Sweden

September 24
Staff
Solar

Alight, an independent solar power producer, announced the financial closure of €110 million (~$122.56 million) senior debt portfolio financing with the Dutch lender Rabobank. The

Funding and M&A Roundup: Allume Energy Secures $4.6 Million

Mining Company Sibanye Stillwater Secures $559 Million Green Financing

August 27
Staff
Storage

Sibanye-Stillwater, a mining company, secured €500 (~$559) million in green financing for its Keliber lithium project in Finland through its subsidiary Keliber Technology Oy. The

EV Charging Company Voltera Secures $100 Million Debt Funding

August 16
Staff
Solar

Voltera, an electric vehicle charging solutions provider, secured $100 million in debt funding. ING Capital acted as Bookrunner and, together with Investec, as Lead Arranger

Sonocharge Energy Secures $23.5 Million in Funding

Powerdot Secures $180 Million Green Financing

August 13
Staff
Smart Grid

Powerdot, a provider of EV charging solutions, has secured €165 million (~$180 million) in green financing from ABN Amro, BNP Paribas, ING, MUFG Bank, Santander,

Off Grid Solar Company d.light Secures $176 Million Securitization Facility

July 23
Staff
Solar

d.light, a provider of off-grid solar solutions, closed a securitization facility that will purchase $176 million of receivables in Kenya, Tanzania, and Uganda. A social

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

rPlus Energies Secures Over $1B Debt Financing for Solar and Storage Project

July 18
Staff
Solar, Storage

rPlus Energies (rPlus), a solar and energy storage project developer, secured over $1 billion in construction debt financing for its Green River Energy Center, which

Liontown Resources Secures $250 Million From LG Energy Solution

July 04
Staff
Storage

Liontown Resources, a battery minerals producer, secured a $250 million investment and a 10-year offtake extension from foundational partner LG Energy Solution, a manufacturer of