Masdar Archives - Mercom Capital Group

Apex Clean Energy Sells 49% Stakes in Solar and Wind Project

Project Finance Brief: Renewable Power Capital Acquires 1.9 GW Solar and Wind Projects

April 02
Staff
Solar, Storage

Renewable Power Capital, a pan-European renewables company, announced the acquisition of the Swedish and Finnish solar and onshore wind development business of Njordr AS, the

Masdar Acquires 234 MW Valle Solar Project in Spain

March 31
Staff
Solar

Masdar (Abu Dhabi Future Energy Company PJSC), a UAE-based renewable energy developer, has announced the acquisition of the 234 MW Valle Solar Project. The acquisition

Masdar to Acquire 49.99% Stake in Four Solar Projects in Spain

March 27
Staff
Solar

Masdar (Abu Dhabi Future Energy Company PJSC), a UAE-based renewable energy project developer, announced the signing of an agreement with Endesa, a Spanish multinational electric

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: Doral Renewables Secures $400 Million

June 26
Staff
Solar, Storage

Doral Renewables, a utility-scale renewable energy project developer, secured a $400 million minority equity investment from Dutch pension APG on behalf of Dutch pension fund

Blue Elephant Energy Acquires Majority Stake in Solar215

Masdar to Acquire Clean Energy Developer TERNA ENERGY

June 25
Staff
Solar, Storage

Masdar (Abu Dhabi Future Energy Company PJSC), a UAE-based renewable energy project developer, has reached a definitive agreement with Gek Terna SA and other shareholders

Project Finance Brief: Ørsted Secures Financing for Solar and Energy Storage Portfolio

Ørsted, a Danish renewable energy company, secured $680 million in tax equity financing from J.P. Morgan to develop solar and energy storage projects in Arizona

Stonepeak to Acquire 46.3% Stake in 777 MW Solar and Storage Project Portfolio

Masdar Secures Financing for 250 MW Solar and Energy Storage Project in Uzbekistan

May 24
Staff
Solar, Storage

Masdar (Abu Dhabi Future Energy Company PJSC), a UAE-based renewable energy project developer, secured $159 million in financing for the development of a 250 MW

Field Acquires 200 MW/800 MWh Battery Storage Project in the UK

Project Finance Brief: Kyon Energy Sells 194.7 MW Storage Projects

December 13
Sohini Aich
Solar, Storage

Kyon Energy, a large-scale energy storage project developer, sold four projects in Germany with a cumulative capacity of 194.7 MW to Obton, a Danish solar

Project Finance Brief: Jupiter Secures $70 Million for 320 MWh Storage Projects

Jupiter Power, an energy storage project developer, secured a $70.4 million construction and term loan financing facility for two standalone battery energy storage projects in

Masdar’s 900 MW Solar Projects in Uzbekistan Reach Financial Closure

April 07
Sohini Aich
Solar

UAE government-owned renewable energy company Masdar has reached financial close on three solar photovoltaic projects in Uzbekistan. The projects will be a part of the