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Storage

Private equity firm Hillhouse Capital Management to buy a 6% stake in LONGi Green
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  • Tag: Storage
Funding and M&A Roundup: Accenture to Invest in a Smart Grid Company

Funding and M&A Roundup: Accenture to Invest in a Smart Grid Company

  • December 28, 2020
  • Ranjitha S
  • Solar, Storage

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

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Funding and M&A Roundup: Silicon Ranch Raises $225 Million for 1 GW of Solar Projects

Funding and M&A Roundup: Silicon Ranch Raises $225 Million for 1 GW of Solar Projects

  • December 21, 2020
  • Ranjitha S
  • Solar, Storage

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

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Funding and M&A Roundup: ITOCHU Acquires O&M Provider Bay4 Energy Services

Funding and M&A Roundup: ITOCHU Acquires O&M Provider Bay4 Energy Services

  • December 14, 2020
  • Ranjitha S
  • Solar, Storage

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

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Funding and M&A Roundup: Public Investment Fund Increases Stake in ACWA Power to 50%

Funding and M&A Roundup: Public Investment Fund Increases Stake in ACWA Power to 50%

  • December 07, 2020
  • Ranjitha S
  • Solar, Storage

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

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Funding and M&A Roundup: Loanpal Closes Largest Residential Solar Securitization Deal

Funding and M&A Roundup: Loanpal Closes Largest Residential Solar Securitization Deal

  • November 30, 2020
  • Ranjitha S
  • Solar, Storage

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

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Funding and M&A Roundup: Solar Developer Greencells Issues Green Bonds of up to €25 Million

Funding and M&A Roundup: Solar Developer Greencells Issues Green Bonds of up to €25 Million

  • November 23, 2020
  • Ranjitha S
  • Solar, Storage

WattBuy, an online electricity marketplace, announced that it raised $3.25 million in its Series A round of funding led by Evergy Ventures. Additional investors include Updater, Avesta Fund,

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Funding and M&A Roundup: Solar Mounting Company PanelClaw Acquired by Esdec

Funding and M&A Roundup: Solar Mounting Company PanelClaw Acquired by Esdec

  • November 16, 2020
  • Ranjitha S
  • Solar, Storage

The Peck Company Holdings, a commercial solar engineering, procurement, and construction (EPC) company, announced that the merger agreement that was announced on August 10, 2020, has been

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Funding and M&A Roundup: Statkraft Set to Acquire Solarcentury’s 6 GW Portfolio

Funding and M&A Roundup: Statkraft Set to Acquire Solarcentury’s 6 GW Portfolio

  • November 09, 2020
  • Ranjitha S
  • Solar, Storage

Royal Bafokeng Holdings (RBH), an African community investment company, is considering making a $20 million equity investment in DPA Africa Asset-Co. The company, set up by Distributed

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Funding and M&A Roundup: Alberton Acquires Solarmax in Another Cleantech SPAC Deal

Funding and M&A Roundup: Alberton Acquires Solarmax in Another Cleantech SPAC Deal

  • November 02, 2020
  • Ranjitha S
  • Solar, Storage

Kroll Bond Rating Agency (KBRA) assigned preliminary ratings to three classes of notes issued by Loanpal Solar Loan 2020-3 and Loanpal Solar Loan 2020-3, an asset-backed securitization

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Funding and M&A Roundup: Scatec Solar Raises $515 Million in a Private Placement

Funding and M&A Roundup: Scatec Solar Raises $515 Million in a Private Placement

  • October 27, 2020
  • Ranjitha S
  • Solar, Storage

Scatec Solar, an independent power producer, has completed a private placement, raising approximately NOK 4,750 million (~$514.94 million) in gross proceeds by allocating 20,652,478 shares subscription price

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