The Volvo Group announced the acquisition of the battery business from electric vehicle (EV) company Proterra and Proterra Operating Company. The deal was valued at $210 million before adjustment
Funding and M&A Roundup: EV Charging Platform Monta Secures $87 Million
Monta, an EV charging solutions provider, announced the close of an €80 million (~$87 million) Series B financing round, bringing the company’s total funding to
Trilantic Europe Acquires Majority Stake in AEROCOMPACT Group
Trilantic Europe, a European private equity firm, has announced the acquisition of a 60% stake in AEROCOMPACT Group, a provider of solar mounting solutions for
Funding and M&A Roundup: Battery Manufacturer Northvolt Secures $5 Billion Loan
Northvolt, a Sweden-based manufacturer of lithium-ion batteries, announced the signing of a $5 billion non-recourse project financing to expand its battery gigafactory, Northvolt Ett, in
Solar Companies Raise $34.3 Billion in Corporate Funding in 2023, the Largest Amount in a Decade
Total corporate funding, including venture capital (VC) funding, public market, and debt financing into the solar sector, increased 42% year-over-year (YoY) in 2023, with $34.3
Funding and M&A Roundup: BESS Developer NineDot Raises $225 Million
NineDot Energy, a developer of community-scale battery energy storage systems (BESS), has secured a $225 million equity capital commitment from Manulife Investment Management along with
Funding and M&A Roundup: BrightNight Secures $375 Million to Expand RE Portfolio
BrightNight, an independent power producer, announced the completion of a $375 million corporate credit facility to expand its ~31 GW renewable energy portfolio in the
Funding and M&A Roundup: Lithium Tech Firm Element3 Raises Seed Funding
Element3, a company that specializes in extracting lithium from oil and gas wastewater, announced that it has closed its seed investment round. The round was
Funding and M&A Roundup: Solar Cell Tech Firm Exeger Secures $38.4 Million
Exeger, a developer of solar cell technology, secured a €35 million (~$38.4 million) loan from the European Investment Bank. The loan was backed by the InvestEU
Funding and M&A Roundup: Sonnedix Secures $545 Million Loan Facility
Sonnedix, an independent solar power producer, secured a €500 million (~$545 million) loan facility to finance the construction of its renewable pipeline in Europe and