acquisition

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Funding and M&A Roundup: Scale Microgrids Secures $150 Million

From: Mercom Capital Group Scale Microgrids, a commercial-scale distributed energy developer, closed a tax equity transaction with Truist Bank of up to $150 million. The...

December 18, 2024

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Staff

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Finance and M&A

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Other
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Project Finance Brief: DRI Acquires 166 MW Solar Project Portfolio in Italy

From: Mercom Capital Group DRI, a renewable energy company based in Amsterdam and a subsidiary of the DTEK Group, has announced the signing and completion of a purchase...

December 18, 2024

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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: ConnectDER Secures $35 Million in Series D Funding

From: Mercom Capital Group ConnectDER, a provider of home energy technology solutions, secured $35 million in Series D funding. The funding round was led by...

December 11, 2024

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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: CrossBoundary Energy Secures $140 Million

From: Mercom Capital Group CrossBoundary Energy, a renewable energy developer, secured a $140 million senior debt commitment from the Standard Bank of South Africa on a...

December 4, 2024

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Staff

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Finance and M&A

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Other
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Project Finance Brief: CEE Group Acquires 102 MW Solar Project in Germany

From: Mercom Capital Group CEE Group, a Hamburg-based renewable energy asset management firm, announced the acquisition of the 102 MW Klüden solar project in the Börde...

December 4, 2024

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Staff

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Finance and M&A

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Solar
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UAE’s Masdar Acquires 70% Stake in Greece’s TERNA ENERGY for $3.3 Billion

Abu Dhabi Future Energy (Masdar) has completed the acquisition of a 70% majority stake in Greece’s TERNA ENERGY in a deal valued at €3.2 billion ($3.3 billion) to...

December 3, 2024

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Baset Asaba

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Renewable Energy

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Solar

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Wind
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HLE Glascoat to Procure Power from CleanMax’s Wind and Solar Projects  

Chemical and pharmaceutical industries equipment manufacturer HLE Glascoat will procure power in a captive mode from 2.31 MW solar and 3.3 MW wind projects to be...

November 15, 2024

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Tina Freese

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Finance and M&A

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Renewable Energy
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FREYR to Buy Trina Solar’s 5 GW Solar Module Facility in U.S. for $340 Million

Norway-based FREYR Battery has announced it is acquiring China-headquartered solar photovoltaics company Trina Solar‘s U.S. solar manufacturing assets for $340...

November 8, 2024

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Namratha A Rai

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Finance and M&A

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Manufacturing

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Modules

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Solar
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RNEL Completes Acquisition of UK-Based Sodium-Ion Battery Company Faradion

Reliance New Energy (RNEL), a wholly owned subsidiary of Reliance Industries, has fully acquired Faradion, a UK-based sodium-ion battery technology company, by acquiring...

October 30, 2024

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Staff

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Electric Vehicles

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Grid

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Other
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Funding and M&A Roundup: Recurrent Energy Closes $500 Million Investment

From: Mercom Capital Group Recurrent Energy, a solar and energy storage project developer and a wholly owned subsidiary of Canadian Solar, has announced BlackRock’s...

October 9, 2024

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Staff

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Uncategorized
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Purvah to Acquire Bhojraj Renewables to Develop 450 MW Renewable Projects

Purvah Green Power, a subsidiary of Calcutta Electric Supply Corporation (CESC), has entered into a binding term sheet to acquire a 100% stake in Bhojraj Renewables...

October 7, 2024

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Arjun Joshi

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Finance and M&A

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Solar

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Wind
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Dalmia Cement to Procure 11 MW of Solar Power from Bijlee Kandasamy

Dalmia Cement (Bharat) (DCBL), a wholly-owned subsidiary of Dalmia Bharat, will procure up to 11 MW of solar power as a captive consumer from Bijlee Kandasamy in Tamil...

October 3, 2024

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Namratha A Rai

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Finance and M&A

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Solar
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Funding and M&A Roundup: EV Charging Platform AmpUp Raises $15 Million

From: Mercom Capital Group AmpUp, an electric vehicle charging platform company, has secured $15 million in Series A funding. Touchdown Ventures led the funding round....

October 3, 2024

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Staff

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Finance and M&A

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Other
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Kaynes Acquires Smart Meter Company Iskraemeco India for ₹430 million

Mysore-based electronics manufacturer  Kaynes Technology has acquired 100% of smart meter company Iskraemeco India, previously held by Iskraemeco Switzerland and...

September 30, 2024

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Tina Freese

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Other

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Renewable Energy
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Borosil to Procure 16.5 MW Wind-Solar Hybrid Power from Clean Max Prithvi

Mumbai-based solar glass manufacturer Borosil Renewables will procure wind-solar hybrid power from a 16.5 MW project to be developed by Clean Max Prithvi (CMPPL) in...

September 26, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar

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Wind

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