PROJECT Archives - Page 15 of 50 - Mercom Capital Group

Arevon Secures $351 Million Financing for 251 MW Solar Project

September 19
Staff
Solar

Arevon Energy, a solar and energy storage project developer, announced the closing of $351 million financing to build the 251 MWdc Gibson Solar Project, located

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

Atlas Renewable Energy Secures $113 Million Financing for Solar Project

September 16
Staff
Solar

Atlas Renewable Energy, a solar and wind project developer, secured a COP 473.77 billion (~$113 million) senior secured loan to develop, construct, and operate the

National Renewable Solutions Secures $145 Million in Project Financing

Encavis Secures $67 Million Financing for 114 MW Solar Project

September 12
Staff
Solar

Encavis, a solar and wind project developer, has signed a non-recourse project financing agreement of €60.7 million (~$67.10 million) for its 114.2 MW Lindenhof solar

ib vogt Sells 780 MW Solar and Storage Project Portfolio in Greece

Sol Systems Acquires 2 GW of Hybrid Solar and Storage Projects

September 12
Staff
Solar, Storage

Sol Systems, a solar finance and development company, announced the acquisition of over 2 GW of utility-scale hybrid solar and storage projects across the Midwest

Ellomay Capital Secures $114 Million Financing for 198 MW Solar Project Portfolio

OX2 Sells 119 MW Solar Project in Australia

September 10
Staff
Solar

OX2, a solar and energy storage project developer, has entered into an agreement to sell a 119 MWac solar project in Victoria, Australia, to an

Q ENERGY Secures $56 Million Debt Financing for Floating Solar Project

September 06
Staff
Solar

Q ENERGY, a solar, energy storage, and wind project developer, secured €50.4 million (~$55.68 million) in debt financing for the Les Ilots Blandin solar project

Apricus Generation Secures $30 Million Revolving Credit Facility

Arevon Energy Secures $299 Million Financing for Solar Projects in Indiana

September 06
Staff
Solar

Arevon Energy, a solar and energy storage project developer, announced the financial closure of $299 million debt financing commitments for the 192 MWdc Ratts 1

Doral Renewables Secures Debt Financing for Mammoth Solar Project

September 05
Staff
Solar

Doral Renewables, a utility-scale renewable energy developer, announced closing a debt financing package to support the initial construction of the remaining phases of the Mammoth

Clearway Secures $550 Million Financing for Solar and Storage Project

August 29
Staff
Solar, Storage

Clearway Energy Group, a developer and operator of clean energy projects, closed $550 million in financing for developing its Rosamond South I solar and storage

Levanta Renewables Acquires 9.5 MW Commercial & Industrial Solar Portfolio

August 27
Staff
Solar

Levanta Renewables, a renewable energy project developer and independent power producer in Southeast Asia backed by Actis, an investor in sustainable infrastructure, announced the acquisition