From: Mercom Capital Group

AMPYR Distributed Energy, an investor in renewable energy solutions and part of the AGP Group, secured £170 million (~$229 million) in debt funding provided by the corporate investment firm Crédit Agricole CIB. This funding aims to support its ongoing investment in commercial and industrial solar and battery energy storage projects throughout the U.K.

REplace, an AI-powered service provider for streamlining solar and other renewable energy development, secured $1.6 million in its latest funding round, bringing its total funding to $2.1 million. The funding round was led by Gravity Climate, which includes Dr. Bracha Halaf, and Zafrir Yoeli, Co-Founder of Enlight. Additional participants include Adam/a, Malbec Ventures, and strategic angels from the solar and data center sectors participating in this funding round.

SunStrong Capital Holdings, a provider of financing solutions for the residential solar sector, has announced the successful closing of a $254 million securitization backed by residential solar and battery system loan agreements. The notes are supported by a $349.4 million portfolio of solar loan obligations, financing 8,639 residential systems spread across 33 states, with a total generation capacity of 68 MW.

Waste and wastewater management solutions company Enviro Infra Engineers announced it will acquire Sunaxis Renewables from EIE Renewables for ₹100,000 (~$1,170.37). Sunaxis Renewables is a special-purpose vehicle that develops ground-mounted and floating solar projects. It oversees the complete lifecycle of floating solar projects, from concept to commissioning, and operation and maintenance.

AMPYR Distributed Energy (ADE), an investor in renewable energy solutions and part of the AGP Group, has announced the acquisition of Eden Sustainable (Eden), a solar PV developer, funder, installer, and O&M across the U.K. for commercial real estate. Eden will retain its brand, experienced team, and Exeter-based headquarters following the acquisition. ADE will provide strategic support, working closely with Eden to accelerate the growth of their combined project pipeline.

For reports and trackers on funding and M&A transactions in solar, energy storage, and smart grid sectors, click here.

Read last week’s funding roundup.