From: Mercom India Odyssey Energy Solutions, a platform for financing distributed renewable energy projects in emerging markets, has raised $74 million in new financing, comprising
Funding and M&A Roundup: Voya Energy Raises $35 Million
Voya Energy, a company that develops aluminum-based metal-fuel energy systems, has raised $35 million in a Series A funding round to support the commercial deployment
Project Finance Brief: Avantus Secures $300 Million Tax Equity Funding
Avantus, a U.S. developer, owner, and operator of utility-scale solar and energy storage projects, has closed a $300 million tax equity commitment from Truist Bank
Westbridge to Sell 225 MW Alberta Solar and Storage Project
From: Mercom India Westbridge Renewable Energy, a utility-scale renewable energy project developer, has entered into a definitive share purchase agreement to sell its Red Willow
Avantus Secures $300 Million Tax Equity for Aratina 2 Solar-Storage Project
From: Mercom India Avantus, a U.S. developer, owner, and operator of utility-scale solar and energy storage projects, has closed a $300 million tax equity commitment
Project Finance Brief: AMPIN Secures $195 Million for Hybrid Storage Project
Independent power producer AMPIN Energy Transition has achieved financial closure for a $195 million project finance facility for a power purchase agreement-backed 100 MW wind-solar
Funding and M&A Roundup: ABRen Secures $1.6 Billion from MUFG
Aditya Birla Renewables (ABRen), the renewable energy arm of the Aditya Birla Group, has secured a $1.6 billion (~₹153.08 billion) term loan facility from Mitsubishi
Otovo to Acquire Green Panel Solar Energy Systems for $11 Million
From: Mercom India Otovo, a company that provides behind-the-meter energy services, has signed definitive agreements to acquire Green Panel Solar Energy Systems for $11 million.
Swift Current Energy Closes $750 Million Corporate Credit Facility
From: Mercom India Swift Current Energy, a renewable energy project developer, has closed a $750 million corporate credit facility that includes a $250 million accordion
Funding and M&A Roundup: Form Energy Raises $750 Million in Series G Funding
Form Energy, an iron-air-based battery systems provider, has raised $750 million in a Series G financing round, bringing Form Energy’s total equity funding to more