NineDot Energy, a community-scale battery energy storage systems developer, closed a $175 million revolving debt facility with Deutsche Bank. The financing will support NineDot’s full
Base Power Raises $1 Billion in Series C Funding
From: Mercom India Texas-based Base Power has raised $1 billion in Series C funding, led by Addition, to accelerate the deployment of its home battery storage
Funding and M&A Roundup: OpenSolar Raises $20 Million Equity Funding
OpenSolar, a solar software platform, raised $20 million in equity funding from Titanium Ventures, Google, 2150 Sustainability Fund, and other investors. Leveraging Google’s Solar API
Funding and M&A Roundup: Cornish Lithium Raises $47 Million
Cornish Lithium, a U.K.-based mineral exploration and development company, raised £35 million (~$47 million) in equity funding from its existing institutional investors. The round, led
DRI Acquires 112 MW/448 MWh Battery Storage Project in Poland
DRI, an Amsterdam-based renewable energy company and a subsidiary of the DTEK Group, announced the acquisition of rights to build a 112 MW/448 MWh battery
Soltage Raises $525 Million for Storage and Solar Projects
Soltage, an independent utility-scale solar and energy storage power producer, closed a $525 million tax credit investment agreement. The financing will provide the company with
Funding and M&A Roundup: Terra One Secures $176 Million
Terra One, a startup specializing in grid-connected battery energy storage systems, announced that it secured up to €150 million (~$176 million) in mezzanine financing from
Investment Group La Caisse to Acquire Edify Energy
Edify Energy, a renewable energy and battery storage company, entered into a binding agreement to be acquired by global investment group La Caisse (formerly CDPQ).
GridStor Acquires 100 MW/400 MWh White Tank Battery Energy Storage Project
GridStor, a developer and operator of utility-scale battery energy storage projects, announced the acquisition of the 100 MW/400 MWh White Tank battery storage project in
Organic Flow Battery Startup XL Batteries Raises $7.5 Million
XL Batteries, a long-duration grid-scale energy storage solution provider, raised $7.5 million from Merrin Investors, the family office of entrepreneur and philanthropist Seth Merrin. With