FlexGen Power System, a provider of battery energy storage solutions and energy management software, has announced the acquisition of a significant portion of Powin’s business.
Energy Vault to Raise $300 million in Preferred Equity Investment
Energy Vault, a utility-scale energy storage project developer, announced that it has entered into an exclusivity agreement for a $300 million preferred equity investment. The
Funding and M&A Roundup: Bluewave Secures $247 Million Debt Financing
BlueWave, a solar and storage developer, owner, operator, and a subsidiary of Axium Infrastructure, an independent portfolio management firm, has secured $247 million from two credit
Greenvolt Group Increases $173 Million Share Capital
Greenvolt Group, a developer of clean energy projects, announced a €150 million (~$173 million) share capital increase, fully subscribed by its shareholder KKR. The share
Energy Storage Companies Raise $9.1 Billion in Corporate Funding in 1H 2025
Corporate funding for energy storage companies in 1H 2025 reached $9.1 billion across 55 deals, a 41% decrease year-over-year (YoY) compared to $15.4 billion in
Funding and M&A Roundup: CleanPeak Energy Raises $328 Million
CleanPeak Energy, an Australia-based renewables developer and operator, has signed a definitive agreement with KKR, a global investment firm, under which funds managed by KKR
Lyten Raises Over $200 Million in Equity Funding
Lyten, a lithium-sulfur battery manufacturer, has secured over $200 million in additional equity investment, bringing the total investment in Lyten to date to more than
NOVONIX Secures Up to $95 Million Through Convertible Notes Agreement
NOVONIX, a battery materials and technology provider, entered into a definitive funding agreement with Yorkville Advisors Global (Yorkville) to secure up to $95 million. In
Funding and M&A Roundup: GIGA.GREEN Secures $35 Million
GIGA.GREEN, a commercial solar energy solutions provider, has closed a €30 million (~$35 million) revolving capital expenditure facility. The funding was provided by Kommunalkredit Austria,
Liquid Air Energy Storage Company Innovatium Secures $4 Million
Innovatium Group, a company specializing in long-duration energy storage technology, has secured £3 million (~$4 million) in funding to accelerate the deployment of its patented Liquid