debt

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Azure Prepays $350 Million Debt After Refinancing Deal with REC

Azure Power Global has announced the completion of its ₹24 billion (~$285.54 million) refinancing transaction, structured as a term loan underwritten by REC Limited....

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Solar Sector Corporate Funding in 1H 2024 Hits $16.6 Billion, Down 10% YoY

Total corporate funding, including venture capital/private equity (VC) funding, public market, and debt financing, in the solar sector reached $16.6 billion in the first...

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Solar Sector Records 81% Drop in VC Funding in Q1, Corporate Funding Down by 4%

The solar sector secured $8.1 billion in corporate funding through 41 transactions in the first quarter (Q1) of 2024, marking a 4% decrease from the $8.4 billion raised...

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Lack of Reliable Financing and Data Affects Cost of Capital for Renewables

The International Renewable Energy Agency (IRENA), in a recent report, has revealed a method used to calculate the cost of capital for clean technologies to help...

June 30, 2023

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Gourav Mishra

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Finance and M&A

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Other
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Adani Green Raises a Yen-Denominated $205 Million Facility to Refinance Debt

Adani Green Energy (AGEL), through its subsidiary Adani Solar Energy AP Six, has raised a project loan facility of ¥27.95 billion (~$205.31 million) to help refinance...

December 1, 2022

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Satish Shetty

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Finance and M&A

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Other

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Renewable Energy
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Inox Wind, Inox Green Energy Repay ₹4.11 Billion in Debts

Inox Wind and its subsidiary Inox Green Energy Services repaid debts of ₹1.61 billion (~$19.73 million) and ₹2.5 billion (~$30.63 million), respectively, as part of the...

November 30, 2022

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Arjun Joshi

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Other

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Wind
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MasTec to Acquire Infrastructure and Energy Alternatives for $1.1 Billion

Renewable energy construction company MasTec is acquiring renewable energy and infrastructure services provider Infrastructure and Energy Alternatives (IEA) for $1.1...

July 26, 2022

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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Project Finance Brief: Origis Energy Secures $375 Million Credit Facility

From: Mercom Capital Group Origis Energy, a vertically integrated renewable energy platform and a solar project developer, closed a $375 million credit facility for its...

May 11, 2022

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Staff

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Finance and M&A

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Solar
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Corporate Funding for Battery Storage Companies Up by 222% in Q1 2022

Global corporate funding for Battery Storage, Smart Grid, and Energy Efficiency companies in the first quarter (Q1) of 2022 stood at $13.3 billion, according to Mercom’s...

April 20, 2022

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Arjun Joshi

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Mercom Research Focus

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Other
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Tata Cleantech Loans ₹4.4 Billion to Sterlite for a Northeastern Transmission Project

Power transmission company Sterlite Power announced the financial closure for its Nangalbibra-Bongaigaon Transmission Project with debt funding of ₹4.4 billion (~$57.19...

March 7, 2022

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Arjun Joshi

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Finance and M&A

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Other
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Adani Green Energy Subsidiaries Raise ₹6.12 Billion for Debt Refinancing

Three subsidiaries of Adani Green Energy (AGEL) – Adani Green Energy (UP), Prayatna Developers, and Parampujya Solar Energy have raised ₹6.123 billion (~$82.04 million)...

February 4, 2022

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Arjun Joshi

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Finance and M&A

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Other
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Indian Railway Finance Corporation Raises $500 Million Through Green Notes Issuance

Indian Railway Finance Corporation (IRFC), the financial arm of Indian Railways, has issued $500 million of denominated, senior and unsecured green notes under its $7...

January 17, 2022

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Harsh Shukla

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Finance and M&A

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Other
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ReNew Power Raises $400 Million Through Green Bonds

Indian renewable energy developer ReNew Energy Global announced that its wholly-owned subsidiary, India Clean Energy Holdings, has raised $400 million at 4.5% by issuing...

January 10, 2022

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Harsh Shukla

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Finance and M&A

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Solar
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Plus Power Secures $219 Million Loan for a 185 MW/565 MWh Energy Storage Project in Hawaii

Plus Power, a U.S.-based renewable energy company, said it had closed a credit facility for its 185 MW/565 MWh Kapolei Energy Storage project in Hawaii. The company has...

November 10, 2021

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Harsh Shukla

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Energy Storage

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Large Scale
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Corporate Funding for Battery Storage Companies Jumps to a Record $11.4 Billion in 9M 2021

Global corporate funding, including venture capital (VC) funding, public market and debt financing for battery storage, smart grid, and efficiency companies in the first...

October 20, 2021

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Harsh Shukla

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Energy Storage

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Market & Policy

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