From: Mercom Capital Group Shoals Technologies Group, a provider of a balance of system components for solar projects, raised $2.2 billion in its Initial Public Offering (IPO).
Funding and M&A Roundup: Microinverter Company Enphase Acquires Sofdesk
Enphase Energy, a microinverter technology provider for the solar industry, has announced the closing of its acquisition of Sofdesk. Sofdesk’s Solargraf integrated software platform offers the industry’s digital
Funding and M&A Roundup: Volta Raises $125 Million for EV Charging
Total, a French oil and gas major, has acquired a 20% minority interest in Adani Green Energy (AGEL) from Adani Group. The two partners agreed to the acquisition
Funding and M&A Roundup: Loanpal Securitizes $474 Million Residential Solar Loans
Loanpal, a solar loan origination platform that finances solar systems and batteries, announced that Loanpal Solar Loan 2021-1 and Loanpal Solar Loan 2021-1 (LPSLT 2021-1) had closed
Funding and M&A Roundup: ORIX to Acquire Elawan Energy for $965 Million
7C Solarparken, a solar project developer, has reached an agreement with the German wind power operator EnerVest AG to purchase EnerVest Belgium, a company focused on project
Funding and M&A Roundup: Accenture to Invest in a Smart Grid Company
8minute Solar Energy, a privately-held developer of solar PV and storage projects in the U.S., has significantly upsized that facility to a total of $350 million with
Funding and M&A Roundup: Silicon Ranch Raises $225 Million for 1 GW of Solar Projects
Silicon Ranch Corporation, the U.S. solar platform for Shell and an independent power producer, has closed an investment round that attracted $225 million in new equity capital. The
Funding and M&A Roundup: ITOCHU Acquires O&M Provider Bay4 Energy Services
Greencells, global engineering, procurement, and construction and maintenance service provider for utility-scale solar projects, placed the first tranche with a volume of €15 million (~$18.1 million) for
Funding and M&A Roundup: Public Investment Fund Increases Stake in ACWA Power to 50%
Sunnova Energy International, a residential solar and energy storage service provider, closed its $254.7 million in securitizations of leases and power purchase agreements. The two-tranche securitization includes $209.1
Funding and M&A Roundup: Loanpal Closes Largest Residential Solar Securitization Deal
Loanpal, a residential solar financing company, announced that it had closed a securitization of approximately $434 million worth of Loanpal solar loans previously purchased by Goldman Sachs, Blackstone