Finance and M&A
The Indian Railway Finance Corporation (IRFC), the dedicated funding arm of the Indian Railways, has disbursed a ₹10 billion (~$108.05 million) term loan to Maharashtra...
WorkOnGrid, an AI-native operations intelligence platform for power, water and gas utilities, has raised ₹225 million (~$2.43 million) in a funding round led by...
From: Mercom Capital Group EnerVenue Holdings, a company that develops metal-hydrogen batteries, announced the closing of a $300 million extension of its Series B...
From: Mercom Capital Group Dimension Energy, a community solar developer, owner, and operator, secured $650 million in construction and term financing to support a...
Mumbai-based electric vehicle (EV) solutions company Neuron Energy has commissioned a ₹1 billion (~$10.76 million) battery energy storage system manufacturing facility...
Inox Clean Energy has completed the acquisition of Vibrant Energy, a renewable energy platform owned by Macquarie and other shareholders, for approximately ₹50 billion...
NTPC has approved an investment proposal for a 4.7 GWh battery energy storage system (BESS) with an estimated project cost of ₹58.22 billion (~$623.22 million). Recently,...
From: Mercom Capital Group Doral Renewables, a utility-scale renewable energy project developer, closed nearly $900 million in financing for its Cold Creek...
From: Mercom Capital Group TerraSpark, a space-based solar energy solutions provider, secured €5 million (~$5.7 million) in a funding round led by Daphni, Sake Bosch,...
Indian Renewable Energy Development Agency (IREDA) has entered into a facility agreement with Sumitomo Mitsui Banking Corporation (SMBC) to raise an external commercial...
Gujarat Fluorochemicals (GFL) has announced that its subsidiary GFCL EV Products has raised approximately $80 million from an unnamed global investor, in addition to the...
Electric vehicle (EV) manufacturer Euler Motors has raised ₹4.37 billion (~$46.2 million) in a Series E funding round. This round was led by Lightrock and saw Hero...
Singapore-headquartered energy-as-a-service (EaaS) infrastructure platform August Energy has secured long-term project financing of ₹1.3 billion (~$15 million) in debt...
The Competition Commission of India (CCI) has approved Singapore-based Global Infrastructure Partners (GIP) EM Star‘s subscription to Aditya Birla Renewables’...
From: Mercom Capital Group Arevon Energy, a renewable energy developer, owner, and operator, closed a $920 million financing package for its 300 MW/1,200 MWh Nighthawk...
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