projects Archives - Page 2 of 22 - Mercom Capital Group

Recurrent Energy Secures $260 Million Financing for 94 MW Solar Project

BayWa r.e. Sells Solar Projects Totaling 222 MW to Octopus Energy Generation

September 30, 2024
Staff
Solar

BayWa r.e., a developer of renewable energy projects, announced the sale of four solar projects to Octopus Energy Generation, a renewable energy investment firm. The

Grenergy Acquires 1 GW Solar Projects from Repsol and Ibereólica

September 26, 2024
Staff
Solar

Grenergy, an independent solar and wind power producer, has acquired 1 GW of solar projects, including a 1 GW energized line, from Repsol and Ibereólica.

Solar Solutions Provider Allume Energy Secures $4.6 Million in Funding

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

September 24, 2024
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, 2024
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

Dimension Energy Closes $360 Million Financing for Solar Project Portfolio

Sonnedix Acquires 80 MW Solar Project in Italy

September 23, 2024
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

Enviromena Acquires 49.9 MW Longpasture Solar Project

Eurowind Energy Acquires Eleven Solar Projects Totaling 55 MW in Portugal

September 17, 2024
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

Azerbaijan Wealth Fund to Acquire 49% Stake in 402 MW Solar Portfolio in Italy

OX2 Sells Two Solar Projects Totaling 137 MW in Australia

September 16, 2024
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, 2024
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, 2024
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, 2024
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,