projects Archives - Page 2 of 22 - Mercom Capital Group

Funding and M&A Roundup: Exowatt Closes $70 Million Series A Funding

Alight Secures $123 Million Debt Financing for Solar Projects in Sweden

September 24
Staff
Solar

Alight, an independent solar power producer, announced the financial closure of €110 million (~$122.56 million) senior debt portfolio financing with the Dutch lender Rabobank. The

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

BNZ Secures $185 Million Green Loan for Solar Project Portfolio

September 24
Staff
Solar

The European Investment Bank (EIB) and BNZ, a solar project developer owned by Nuveen Infrastructure, announced the signing of a €166 million (~$184.68 million) green

Invenergy Secures $1.1 Billion Financing for Three Solar Projects

Sonnedix Acquires 80 MW Solar Project in Italy

September 23
Staff
Solar

Sonnedix, an independent solar power producer, announced the acquisition of an 80 MW solar project in Sicily, Italy, from Blunova, a renewable energy project developer

Mulilo Secures Financing for 75 MW Ukuqala Solar Project

Eurowind Energy Acquires Eleven Solar Projects Totaling 55 MW in Portugal

September 17
Staff
Solar

Eurowind Energy, a Danish-based renewable energy project developer, announced the signing of a shares purchase agreement in August to acquire 11 solar projects with 5

L&G NTR Clean Power Fund Acquires 211 MW Solar and Battery Project Portfolio

OX2 Sells Two Solar Projects Totaling 137 MW in Australia

September 16
Staff
Solar

OX2, a solar and energy storage project developer, announced the sale of two solar projects totaling 137 MWp/105 MWac to European Energy, a Danish renewable

Greenvolt Sells 153 MW Solar Project Portfolio in Italy

September 09
Staff
Solar

The Greenvolt Group, a solar and wind project developer, reached an agreement with Nuveen Infrastructure to sell a 153 MW solar project portfolio across various

Enfinity Global Secures $210 Million Financing for 157 MW Solar Projects

September 03
Staff
Solar

Enfinity Global, a renewable energy project developer, announced that it has closed €189.6 million (~$209.77 million) financing for constructing eight utility-scale solar projects totaling 157.1

Energy Storage Industries Raises $40 Million in Funding for Iron Flow Batteries

Sunly Secures $335 Million for Hybrid Renewable Projects in Baltics and Poland

August 29
Staff
Solar, Storage

Sunly, a renewable energy power producer, secured €300 million ($335.15 million) financing from Scandinavian and French investors for developing 1.3 GW of solar, wind, storage,

Enfinity Global Secures $558 Million Financing for Solar Projects in Italy

August 29
Staff
Solar

Enfinity Global, a U.S.-based renewable energy project developer, announced the financial close of €500 million (~$558.73 million), which will support the development and construction of

Linea Energy Secures Financing for 109 MW Solar Project

Generate & KeyState Close 53.5 MW Community Solar Projects’ Investment Fund

August 27
Staff
Solar

Generate Capital, a sustainable investment and operating company, and KeyState Renewables, an investment firm, announced the close of their third joint fund, Generate NY Community