Funding Archives - Page 3 of 119 - Mercom Capital Group

Project Finance Brief: Origis Secures $415 Million Financing for Swift Air Solar Project

January 15
Staff
Solar, Storage

Origis Energy, a solar project developer, announced $415 million in financing to develop the 145 MW Swift Air solar project in Ector County, Texas. The

Origis Energy Secures $415 Million Financing for Swift Air Solar Project

January 14
Staff
Solar

Origis Energy, a solar project developer, announced $415 million in financing to develop the 145 MW Swift Air solar project in Ector County, Texas. The

Ethical Power Group, a solar and energy storage project developer, announced that quant investor Greg Skinner acquired a 50% stake

Funding and M&A Roundup: Greg Skinner Acquires 50% Stake in Ethical Power Group

January 08
Staff
Smart Grid, Solar, Storage

Ethical Power Group, a solar and energy storage project developer, announced that quant investor Greg Skinner acquired a 50% stake in the company from Hive

ORIT Secures $125 Million Five-year Term Loan Facility

Aypa Power Secures $190 Million Financing for Battery Storage Project

January 03
Staff
Storage

Aypa Power, a Blackstone portfolio company that develops, owns, and operates utility-scale energy storage and hybrid renewable energy projects, announced the closing of a $190

Funding and M&A Roundup: SmartSolar Raises $1.8 Million in Seed Funding ORIT secures $125 million five-year term loan facility SmartSolar, a rooftop solar solution provider, has raised $1.85 million in seed funding. The funding was led by Picus Capital and 2degrees, along with participation from early-stage venture capital firm Iterative. With this funding, the company plans to accelerate its growth in Vietnam and expand its footprint across Southeast Asia. The company offers rooftop solar solutions designed to help businesses cut down on electricity costs. Octopus Renewables Infrastructure Trust, an investment company, announced that it has signed a £100 million (~$125 million) five-year term loan facility with three of its existing lenders, Santander, National Australia Bank, and Allied Irish Banks. The funding will be used to pay down a portion of the existing and more expensive Revolving Credit Facility (RCF) debt. According to ORIT, it has drawn £151.2 million (~$191 million) on the RCF so far. Vidyut, an electric vehicle ecosystem platform, has raised $2.5 million in funding from global investor Flourish Ventures. The company will utilize the acquired funds to expand its Battery-as-a-Service offering in passenger and commercial EV segments. By unbundling batteries from EVs and offering them on a pay-per-km subscription basis, Vidyut claimed it had reduced upfront electric three-wheeler costs by 35-40%. For reports and trackers on funding and M&A transactions in solar, energy storage, and smart grid sectors, click here. Read last week's funding roundup. Tags: Vidyut, Octopus Renewables Infrastructure Trust, SmartSolar, solar, funding

Funding and M&A Roundup: Sunairio Raises $6.4 Million in Funding

January 02
Staff
Solar, Storage

Sunairio, a weather intelligence platform developer for renewable energy prediction, announced the closing of an oversubscribed $6.4 million funding round. This closing brings the total funding

Fiba Renewables Secures $42 Million Loan from EBRD in Türkiye

December 26
Staff
Solar

Kavram Enerji, a subsidiary of Fiba Yenilenebilir Enerji Holding (Fiba Renewables), a renewable energy developer in Türkiye, secured a $42 million (€39.7 million) loan from

Invenergy Secures $1.1 Billion Financing for Three Solar Projects

Econergy Secures $40 Million Financing for 92 MW Solar Project in Romania

December 25
Staff
Solar

Econergy, an independent renewable energy power producer, announced the signing of a project financing agreement valued at approximately €38 million (~$39.61 million) with Raiffeisen Bank

Funding and M&A Roundup: EQT to Acquire Scale Microgrids

Enlight Secures $550 Million Financing for Solar Plus Storage Project

December 25
Staff
Solar

Enlight Renewable Energy, a renewable energy project developer, announced the closing of $550 million debt financing for the project Roadrunner, located in the Sulphur Springs

Funding and M&A Roundup: Energy Storage Company Tyba Raises $13.9 Million

Funding and M&A Roundup: EV Charging Platform JET Charge Receives $45 Million

December 25
Staff
Smart Grid, Solar, Storage

JET Charge, an EV charging solutions provider, has secured A$72 million (~$45 million) in funding. The funding was led by Mirova, an affiliate of Natixis

AES Chile Acquires 171 MW Solar Project in Chile

Recurrent Energy Secures Financing for 171 MW Solar Project in Australia

December 23
Staff
Solar

Recurrent Energy, a solar and energy storage project developer and a wholly owned subsidiary of Canadian Solar, announced the financial closure of the Carwarp Energy