Finance And Ma

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Funding and M&A Roundup: Zero Industrial Raises $10 Million

From: Mercom Capital Group Zero Industrial, a thermal energy storage solution provider, raised $10 million in Series A funding led by Evok Innovations with participation...

April 9, 2025

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Staff

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Finance and M&A

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Other
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POWERGRID to Raise ₹60 Billion Via Private Placement of Bonds

Government-owned transmission utility Power Grid Corporation of India (POWERGRID) has announced it would raise up to ₹60 billion (~$720 million) through a private...

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ACME Solar Secures ₹24.91 Billion Refinancing to Cut Debt Costs

Gurgaon-based ACME Solar Holdings has secured a ₹24.91 billion (~$298.92 million) long-term refinancing facility for 18 to 20 years from the State Bank of India and REC...

April 3, 2025

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Staff

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Finance and M&A

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Solar
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Funding and M&A Roundup: Apricus Generation Secures $30 Million

From: Mercom Capital Group Apricus Generation, a distributed solar and battery development platform and independent power producer, announced that it has secured a $30...

April 2, 2025

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Staff

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Finance and M&A

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Other
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IREDA’s FY 2025 Loan Approvals Grow 27% YoY

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has announced a 27% rise in loan approvals for the financial year (FY) 2025, as per...

April 1, 2025

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Tina Freese

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Finance and M&A

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Renewable Energy
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IREDA Secures $172 Million ECB Facility from SBI Tokyo

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has signed a loan facility with the State Bank of India Tokyo to raise JPY26 billion (~$172...

March 28, 2025

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Tina Freese

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Finance and M&A

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Renewable Energy
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Shriram Finance Secures $150 Million from ADB for EV Financing

Non-banking financial services company Shriram Finance has secured a $150 million loan from the Asian Development Bank (ADB) to enhance access to finance for electric...

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JinkoSolar’s Q4 Revenue Drops 37% YoY Due to Lower Module Prices

China-based solar cell and module manufacturer JinkoSolar’s revenue dipped 37.1% year-over-year (YoY) to RMB20.65 billion (~$2.83 billion) in the fourth quarter (Q4) of...

March 27, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Canadian Solar Misses Expectations as Revenue Falls 11% YoY in Q4

Solar module manufacturer Canadian Solar generated $1.52 billion in revenue in the fourth quarter (Q4) of 2024, reflecting an 11% year-over-year decline due to lower...

March 27, 2025

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Arjun Joshi

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Finance and M&A

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Other
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BluPine Energy Secures ₹17.87 Billion from NaBFID for Renewables Expansion

Gurugram-based renewable energy services company BluPine Energy has secured ₹17.87 billion (~$210 million) in structured financing from the National Bank for Financing...

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AMPIN Energy Secures $50 Million Investment from Siemens Financial Services

Independent power producer AMPIN Energy Transition has secured an investment of $50 million (~₹4.28 billion) from Siemens Financial Services, the financing arm of...

March 26, 2025

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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Project Finance Brief: ACCIONA Energía Secures $288 Million for Solar Project

From: Mercom Capital Group ACCIONA Energía, a renewable energy company, secured an AUD$453 million (~$287.85 million) syndicated loan facility to construct its 480 MWp...

March 26, 2025

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Staff

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Finance and M&A

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Other
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Funding and M&A Roundup: TRENDE Secures $7.2 Million

From: Mercom Capital Group TRENDE, a provider of renewable energy solutions in Japan, announced the completion of a JPY1.07 billion (~$7.2 million) funding round through...

March 26, 2025

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Staff

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Finance and M&A

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Other
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IREDA Raises ₹9.1 Billion Through Privately Placed Tier-II Bonds

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has raised ₹9.1 billion (~$106.16 million) by issuing privately placed subordinated Tier II...

March 26, 2025

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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RBI Increases Priority Sector Lending Cap for Renewables to ₹350 Million

The Reserve Bank of India (RBI) has increased the lending limit for the renewable energy sector in its new guidelines for priority sector lending, set to take effect...

March 25, 2025

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Arjun Joshi

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Finance and M&A

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Renewable Energy

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