From: Mercom India Expion Energy (formerly Expion360), a provider of lithium-ion battery power storage solutions, has raised $9 million through a private placement of convertible
Funding and M&A Roundup: ABRen Secures $1.6 Billion from MUFG
Aditya Birla Renewables (ABRen), the renewable energy arm of the Aditya Birla Group, has secured a $1.6 billion (~₹153.08 billion) term loan facility from Mitsubishi
Korkia Semecon Finland Renewables Sells 125 MW Battery Storage Project
From: Mercom India Korkia Semecon Finland Renewables, a joint venture between Korkia and Semecon, has completed the sale of the 125 MW Kukonkylä battery energy
Key Capture Energy Secures $300 Million for Energy Storage Portfolio
From: Mercom India Key Capture Energy (KCE), a developer, owner, and operator of battery energy storage systems (BESS), has closed a $300 million letter of
Funding and M&A Roundup: Form Energy Raises $750 Million in Series G Funding
Form Energy, an iron-air-based battery systems provider, has raised $750 million in a Series G financing round, bringing Form Energy’s total equity funding to more
Energy Storage Developer Hydrostor Secures $230 Million Equity Funding
From: Mercom India Hydrostor, a developer and operator of compressed air energy-based long-duration energy storage systems, has secured a $230 million equity investment from existing
NextEnergy UK I Acquires 107 MW Battery Storage Portfolio in the UK
From: Mercom India NextEnergy UK I (NEUK I), a private U.K. fund managed by NextEnergy Capital, has acquired a 107 MW portfolio of three operational
Form Energy Raises $750 Million to Scale Iron-Air Battery Production
From: Mercom India Form Energy, an iron-air-based battery systems provider, has raised $750 million in a Series G financing round, bringing Form Energy’s total equity funding
Londian Wason Raises $94.3 Million in New York Stock Exchange IPO
From: Mercom India Londian Wason, a manufacturer of electrolytic copper foil, has raised $94.3 million through its initial public offering. The company is listed on
Funding and M&A Roundup: Ore Energy Raises $43 Million
Ore Energy, a developer of iron-air batteries for long-duration energy storage, has raised $43 million in Series A funding in a round co-led by Plural