FlexGen Power Systems, an energy storage solutions and software technology provider, secured a $75 million revolving credit facility. J.P. Morgan acted as the lead arranger
Energy Storage Developer NineDot Energy Raises $65 Million
NineDot Energy, a developer of community-scale energy storage projects, closed a $65 million equipment financing transaction. Renewable energy finance provider First Citizens Bank led the
Flow Battery Company H2 Inc. Raises $16 Million in Bridge Funding
H2 Inc., a vanadium flow battery (VFB) developer and manufacturer, raised $16 million in a recent bridge funding finalized in the second half of 2024. The bridge
Corporate Funding for Energy Storage Companies Totaled $19.9 Billion in 2024
Energy Storage Corporate funding for Energy Storage Companies, including venture capital (VC) funding, debt, and public market financing, reached $19.9 billion in 116 deals in
Scale Microgrids Secures $150 Million in Tax Equity Financing
Scale Microgrids, a commercial-scale distributed energy developer, closed a tax equity transaction with Truist Bank of up to $150 million. The company designs, builds, owns,
WATT Renewable Corporation Receives 15 Million Debt Facility
WATT Renewable Corporation(WATT), a hybrid solar project developer, secured a $15 million debt facility through several of its project companies from the AFRIGREEN Debt Impact
WeaveGrid Raises $28 Million in Funding
WeaveGrid, a developer of electrification software to deploy EVs at scale on the grid, has raised $28 million in funding led by Woven Capital. Existing investors, including
Meyer Burger Secures Up to $39 Million in Financing
Meyer Burger, a manufacturer of solar cells and modules, secured a bridge loan facility of up to $39.48 million to be drawn in multiple tranches
CrossBoundary Energy Secures $140 Million Senior Debt Financing
CrossBoundary Energy, a renewable energy developer, secured a $140 million senior debt commitment from the Standard Bank of South Africa on a fully underwritten basis.
Agrivoltaics Project Developer TSE Secures $68.5 Million Financing
TSE, a French solar developer specializing in agrivoltaics projects, secured a bond debt funding of €65 million (~$68.5 million) from the Eiffel Investment Group Fund.