FlexGen Power Systems, an energy storage solutions and software technology provider, secured a $75 million revolving credit facility. J.P. Morgan acted as the lead arranger
Funding and M&A Roundup: Moment Energy Secures $15 Million
Moment Energy, an electric vehicle (EV) battery repurposing company, raised $15 million in a Series A funding round, bringing the company’s total funding raised to date to
Corporate Funding for Energy Storage Companies Totaled $19.9 Billion in 2024
Energy Storage Corporate funding for Energy Storage Companies, including venture capital (VC) funding, debt, and public market financing, reached $19.9 billion in 116 deals in
Funding and M&A Roundup: EQT to Acquire Scale Microgrids
EQT, a private equity firm, announced that EQT Transition Infrastructure has agreed to acquire Scale Microgrids. The transaction is subject to customary conditions and approvals.
Funding and M&A Roundup: Greg Skinner Acquires 50% Stake in Ethical Power Group
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: Lyten Acquires Battery Manufacturing Assets from Cuberg
Lyten, a lithium-sulfur battery developer, announced the acquisition of a lithium-metal battery manufacturing facility and cell-making equipment in San Leandro, California, from Cuberg, a battery
Lyten Acquires Battery Manufacturing Assets from Cuberg
Lyten, a lithium-sulfur batteries developer, announced the acquisition of a lithium-metal battery manufacturing facility and cell-making equipment in San Leandro, California, from Cuberg, a battery
Corporate Funding for Solar Sector Down 23% Year-over-Year with $22.3 Billion in 9M 2024
Total corporate funding, including venture capital (VC) funding, public market, and debt financing, in the first nine months (9M) of 2024 stood at $22.3 billion,
Macquarie to Acquire Stake in Developer D. E. Shaw Renewable Investments
Macquarie Asset Management (MAM), a global asset manager, has agreed to acquire a minority stake worth $1.725 billion in renewables developer D. E. Shaw Renewable
Octopus Energy Fully Acquires Renewables Developer Exagen
Octopus Energy Generation, a British renewable energy group, has acquired renewables developer Exagen through its Octopus Energy Development Partnership (OEDP) fund. This acquisition comes after