By: Raj Prabhu ID Energy Group, a vertically integrated Spain-based renewable energy company, secured a development debt facility to support its pipeline of late-stage solar
Energy Storage Firm Flux Power Secures $15 Million Debt Funding
Flux Power Holdings, a developer of lithium-ion-based energy storage solutions, secured a $15 million credit facility from Gibraltar Business Capital (GBC), an asset-based lender for
Total Corporate Funding into Energy Storage Came in at $7.1 Billion in 1H 2023, Reports Mercom Capital Group
Energy Storage Corporate funding in Energy Storage bounced back in Q2 2023 with $4.9 billion raised in 32 deals, a 126% increase quarter-over-quarter (QoQ). Funding
First Solar Secures $1 Billion Revolving Credit and Guarantee Facility
From: Mercom India U.S.-based solar modules manufacturer First Solar has secured a five-year revolving credit and guarantee facility worth $1 billion. The facility includes up
Intersect Gets $800 Million Revolving Credit Line for Renewables Portfolio Expansion
From: Mercom India Intersect Power, a U.S.-based renewable energy company, has closed an $800 million revolving corporate credit facility to support the development, construction, and
Recurrent Energy Secures $164 Million in Debt Funding
Recurrent Energy – a utility-scale solar and energy storage developer and a subsidiary of Canadian Solar – secured a €150 million (~$164 million) multicurrency facility from
Battery Materials Company Talga Group Secures $164 Million From EIB
Talga Group, a battery materials company, announced that it had received approval from the European Investment Bank (EIB) for €150 million (~$164 million) in senior
HEP Global Secures Financing for Oregon Community Solar Portfolio
HEP Group, a solar project developer and investment firm, announced the successful completion of debt and tax equity funding for the Oregon Community Solar Portfolio,
Innova Renewables Secures $6.1 Million in Funding from Triple Point Energy Transition
Infrastructure investor Triple Point Energy Transition (TENT) announced a £5 million (~$6 million) debt investment in solar, battery, and energy storage systems (ESS) developer Innova
Beam Global Secures $100 Million Credit Facility
Beam Global, a solar-powered electric vehicle charging and energy storage solutions provider, has secured a $100 million line of credit from OCI Group, a London-based