Finance and M&A
Gujarat-based Torrent Power has raised ₹20 billion (~$216.58 million) through private placement of secured, non-convertible debentures (NCDs). The debenture issue...
Powergrid Corporation of India’s (POWERGRID) board has approved raising up to ₹50 billion (~$541.45 million) through an unsecured rupee term loan or line of credit from...
Infrastructure debt fund IL&FS Mutual Fund has committed an investment of ₹1.25 billion (~$13.63 million) in Hero Solar Energy, part of renewable energy developer...
Bank of Baroda has raised ₹100 billion (~$1.1 billion) through green infrastructure bonds to support long-term funding for renewable energy and sustainable...
U.S.-based electric-vehicle charging solutions company ChargePoint reported revenue of $109.3 million in the fourth quarter (Q4) of fiscal year (FY) 2026, a 7%...
Hydrogen fuel cell solutions provider Plug Power reported a revenue of $225.2 million in the fourth quarter (Q4) of the financial year (FY) 2025, up 17.6% year-over-year...
U.S.-based smart energy storage company Stem reported a revenue of $47.2 million in the fourth quarter (Q4) of 2025, a year-over-year (YoY) decline of 15.4% from $55.8...
From: Mercom Capital Group Arevon Energy, a renewable energy developer, owner, and operator, secured a $183 million total debt package, including a tax equity bridge...
From: Mercom Capital Group Commercial Energy South Africa (CESA), a subsidiary of SolarAfrica Energy, a South African energy solutions provider, closed an investment of...
U.S.-based energy storage solutions provider Eos Energy Enterprises reported revenue of $58 million in the fourth quarter (Q4) of 2025, up 699.6% year-over-year (YoY)...
Hyderabad-based Bondada Engineering has received approval for credit facilities of ₹5 billion (~$55.01 million) from Canara Bank to fund the debt portion of its 200...
From: Mercom Capital Group Atlas Renewable Energy, a solar and wind project developer, has closed approximately $3 billion in corporate refinancing, its largest to date...
From: Mercom Capital Group First Solar, a U.S.-based solar module manufacturer, has secured a $1.5 billion revolving credit facility. The agreement establishes a senior...
The Cabinet Committee on Economic Affairs (CCEA) has raised the permissible equity investment limit for Power Grid Corporation of India (POWERGRID) in its subsidiaries...
Delhi-based electric mobility startup, Pluto Mobility, has raised $2 million in seed funding to develop its electric vehicle (EV) platform for last-mile delivery. The...
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