TotalEnergies and Brazil’s CDV to Develop 12 GW of Renewable Energy Projects

TotalEnergies and Brazil’s CDV to Develop 12 GW of Renewable Energy Projects

French energy conglomerate TotalEnergies and Brazil’s renewable energy developer Casa dos Ventos (CDV) announced the creation of a joint venture to develop, build, and operate the renewable portfolio of the ...
/ / Finance and M&A, Other
BlackRock Raises $4.5 Billion for Clean Energy Focused-Infrastructure Fund

BlackRock Raises $4.5 Billion for Clean Energy Focused-Infrastructure Fund

Asset management firm BlackRock has raised $4.5 billion in its initial investor commitments for a new fund to invest in climate and clean energy-focused projects. The BlackRock Global Infrastructure Fund ...
Funding and M&A Roundup: CDPQ Invests $135 Million in Renewables Developer Shizen Energy

Funding and M&A Roundup: CDPQ Invests $135 Million in Renewables Developer Shizen Energy

From: Mercom Capital Group Shizen Energy, a renewable energy project developer, received ¥20 billion (~$135 million) investment from CDPQ, a global investment group. Shizen Energy and CDPQ have also agreed to a ...
/ / Finance and M&A, Solar
Project Finance Brief Pivot Energy Raises $100 Million from Fundamental Renewables

Project Finance Brief: Pivot Energy Raises $100 Million from Fundamental Renewables

From: Mercom Capital Group Pivot Energy, a solar provider that develops, finances, builds, owns, and manages solar and energy storage projects, secured $100 million in debt financing for its renewable ...
/ / Finance and M&A, Other
Borosil Renewables Completes Acquisition of Two Solar Glass Manufacturers in Europe

Borosil Renewables Completes Acquisition of Two Solar Glass Manufacturers in Europe

Borosil Renewables, an India-based solar glass manufacturer, has completed the acquisition of a 86% stake in Interfloat Corporation and Glasmanufaktur Brandenbur (GMB), entities engaged in the solar glass manufacturing business, ...
/ / Finance and M&A, Other
Wind Turbine Maker Suzlon's ₹2.4 Billion Rights Issue Oversubscribed

Wind Turbine Maker Suzlon’s ₹2.4 Billion Rights Issue Oversubscribed

Indian wind turbine maker Suzlon announced raising ₹12 billion (~$145.80 million) through a rights issue of 2.4 billion partly paid-up equity shares. The issue was oversubscribed 1.8 times. The equity ...
/ / Finance and M&A, Wind
Maoneng, Gaw Capital Partner to Develop 1.9 GW of Solar + Storage Projects in Australia

Maoneng, Gaw Capital Partner to Develop 1.9 GW of Solar + Storage Projects in Australia

Maoneng Group, a New South Wales-based renewable energy and battery storage developer, has partnered with Hong Kong private equity real estate investor Gaw Capital to set up a joint venture ...
Primergy Solar Partners with CATL for $1.2 Billion Solar+ Storage Project in the US

Primergy Solar Partners with CATL for $1.2 Billion Solar+ Storage Project in the US

Primergy Solar, a U.S.-based utility-scale and distributed solar and storage company has entered a sole battery supply agreement with Contemporary Amperex Technology Limited (CATL) to develop a 690 MW solar ...
Project Finance Brief: APG Acquires 49% Stake in Gemini Solar + Storage Project in Las Vegas

Project Finance Brief: APG Acquires 49% Stake in Gemini Solar + Storage Project in Las Vegas

From: Mercom Capital Group APG, a Netherlands-based pension asset manager, agreed to acquire 49% equity ownership in the $1.2 billion 690 MWAC Gemini Solar + Storage project on behalf of its pension fund ...
/ / Finance and M&A, Other
Global Asset Management Firm Capital Dynamics Closes €521 Million Clean Energy Fund

Global Asset Management Firm Capital Dynamics Closes €521 Million Clean Energy Fund

Capital Dynamics, an independent global private asset management company, has closed its latest clean energy fund at €521 million (~$508 million) in capital commitments. The fund — Capital Dynamics Clean ...
Funding and M&A Roundup Battery Systems Provider Form Energy Raises $450 Million

Funding and M&A Roundup: Battery Systems Provider Form Energy Raises $450 Million

From: Mercom Capital Group Form Energy, an iron air-based battery systems provider, announced that it has raised $450 million in a Series E financing round led by TPG's global impact ...
/ / Finance and M&A, Other
Project Finance Brief Neoen Completes Funding for 200 MWh Battery Storage Project

Project Finance Brief: Neoen Completes Funding for 200 MWh Battery Storage Project

From: Mercom Capital Group Neoen, an independent renewable energy producer, has announced the financial close on its Capital Battery project, a 100 MW/200 MWh lithium-ion battery storage facility located next ...
/ / Finance and M&A, Other
Amazon to Invest €1 Billion to Decarbonize its Transport Network in Europe

Amazon to Invest €1 Billion to Decarbonize its Transport Network in Europe

E-commerce conglomerate Amazon plans to invest over €1 billion (~$973 million) until 2027 to further electrify and decarbonize its transportation network across Europe. The investment will involve delivering packages to ...
Funding and M&A Roundup: Energy Storage Firm Moxion Secures $100 Million to Scale Production

Funding and M&A Roundup: Energy Storage Firm Moxion Secures $100 Million to Scale Production

From: Mercom Capital Group Moxion Power, a manufacturer of mobile energy storage technology, announced securing $100 million in Series B funding, led by Tamarack Global, with participation from existing investor Energy Impact ...
/ / Finance and M&A, Other
Brookfield Acquires Scout Clean Energy and Standard Solar for Over $1.5 Billion

Brookfield Acquires Scout Clean Energy and Standard Solar for Over $1.5 Billion

Renewable energy investor Brookfield Renewable, together with its institutional partners, has announced the acquisition of two clean energy companies in the United States for over $1.5 billion. Brookfield Renewable will ...
Competition Commission Approves JSW’s Acquisition of Mytrah Energy Subsidiaries

Competition Commission Approves JSW’s Acquisition of Mytrah Energy Subsidiaries

The Competition Commission of India has approved the acquisition of 18 subsidiaries of renewable energy company Mytrah Energy by JSW Neo Energy, a wholly-owned subsidiary of JSW Energy. The agreement ...
/ / Finance and M&A, Other
Wind Turbine Manufacturer Suzlon to Raise ₹12 Billion Through Rights Issue

Wind Turbine Manufacturer Suzlon to Raise ₹12 Billion Through Rights Issue

India-based wind turbine manufacturer Suzlon Energy hopes to raise ₹12 billion (~$147.09 million) through a right issue of 2.4 billion company shares. The shares with a face value of ₹2 ...
/ / Finance and M&A, Other, Wind
Glennmont and MN To Invest €700 Million for Renewables Expansion Across Europe

Glennmont and MN To Invest €700 Million for Renewables Expansion Across Europe

Clean energy fund manager Glennmont Partners from Nuveen, in partnership with Dutch pension fund manager MN announced the launch of the Nuveen European Core Renewable Infrastructure (NECRI) strategy to provide ...
Funding and M&A Roundup: Fundamental Renewables Secures $400 Million

Funding and M&A Roundup: Fundamental Renewables Secures $400 Million

From: Mercom Capital Group Fundamental Renewables, the clean energy investment arm of Fundamental Advisors, has secured a $400 million credit facility to support its growing investment strategy in solar energy assets. The ...
/ / Finance and M&A, Solar
KKR to Invest $450 Million in Hero Future Energies (1)

KKR and Hero Group to Invest $450 Million in Hero Future Energies

Global investment firm Kohlberg Kravis Roberts (KKR) and the Hero Group signed definitive agreements to invest $450 million in Hero Future Energies (HFE), the renewable energy arm of the Hero ...
REC to Drive India’s Transition to Net Zero as a Development Financial Institution

REC to Drive India’s Transition to Net Zero as a Development Financial Institution

REC Limited, a public infrastructure finance company under the Ministry of Power, is being considered to be given the status of a development financial institution (DFI) to steer global climate ...
Ontario Teachers' Pension Fund Acquires 30% Stake in Mahindra Susten, Plans InvIT

Ontario Teachers’ Pension Fund Acquires 30% Stake in Mahindra Susten, Plans InvIT

Global investor Ontario Teachers' Pension Plan will acquire a 30% equity stake in Mahindra Susten, a cleantech arm of Mahindra Group, for an equity value of ₹23.71 billion (~$300 million). The ...
Project Finance Brief: Terra-Gen Raises $959 Million for Solar Storage Projects

EV Charging Infrastructure Company TeraWatt Raises $1 Billion

California-based electric vehicle charging infrastructure company TeraWatt has secured over $1 billion of institutional capital to support the buildout of its fleet-focused charging centers and operations. Funds managed by Vision ...
Aquila Capital Raises €1 Billion for 2.6 GW of Renewable Energy Projects in Southern Europe

Aquila Capital Raises €1 Billion for 2.6 GW of Renewable Energy Projects in Southern Europe

Aquila Clean Energy, a clean energy development platform of Germany-based asset manager Aquila Capital, has secured €1 billion (~$1.005 billion) from the European Investment Bank (EIB) and commercial banks to ...
/ / Finance and M&A, Other
FDI Inflow Into India’s Renewable Energy Sector Surged 269% YoY in Q1 FY 2023

FDI Inflow Into India’s Renewable Energy Sector Surged 269% YoY in Q1 FY 2023

Foreign Direct investment (FDI) in India’s renewable energy sector stood at $949.45 million (₹75,555 million) in the first quarter (Q1) of the financial year (FY) 2022-23, an increase of 269% ...
/ / Finance and M&A, Other