Funding Archives - Page 4 of 120 - Mercom Capital Group

Spearmint Energy Secures Over $250 Million Financing for Battery Storage Projects

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

Funding and M&A Roundup: Solar Energy Startup Arnergy Raises $15 Million

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

Base Power Raises $200 Million in Series B Funding

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

Octopus Australia Secures Financing for 80 MW Fulham Solar and Storage Project

Origis Energy Secures $533 Million Financing for Solar and Storage Projects

December 20
Staff
Solar, Storage

Origis Energy, a vertically integrated renewable energy platform provider and solar project developer announced closing $533 million in a construction financing facility, bridge loan facility,

DRI Secures $26 Million Financing for Glodeni II Solar Project in Romania

December 19
Staff
Solar

DRI, an Amsterdam-based renewable energy company and a subsidiary of the DTEK Group, secured €24.7 million (~$25.93 million) in non-recourse financing from Kommunalkredit Austria AG,