
Funding and M&A Roundup: Li-Ion Battery Manufacturer Dragonfly Goes Public Via SPAC Deal
From: Mercom Capital Group Dragonfly Energy, a Lithium-Ion battery manufacturer, has entered into a definitive agreement for a business combination with Chardan NexTech Acquisition 2 Corp (CNTQ), a special purpose ...

Funding and M&A Roundup: Lithium Battery Component Company Soelect Raises $11 Million
From: Mercom Capital Group Soelect – a developer of advanced solid-state battery components to power the next generation of electric vehicles, power tools, and mobile electronics - raised $11 million ...

Funding and M&A Roundup: Amp Energy Secures Green Loan for a 60 MW Solar Project
From: Mercom Capital Group Renewable Energy Developer Amp Energy has secured a ‘Shinsei Green Loan’ valued at JPY17 billion (~$151 million) from its standing financing partner, Shinsei Bank. The funds will be used ...

Funding and M&A Roundup: Canadian Solar Issues €30 Million Green Bond
From: Mercom Capital Group Canadian Solar, a vertically integrated manufacturer of silicon ingots, wafers, and PV cells and modules, announced that Canadian Solar EMEA Capital Markets, an indirectly wholly-owned subsidiary of Canadian ...

Indian Renewable Energy Company ReNew Power Lists on Nasdaq
Indian independent renewable power producer ReNew Power has been listed on the Nasdaq after completing a business combination with RMG Acquisition Corporation II, a special purpose acquisition company (SPAC). In February 2021, ReNew ...

EV Charging Company ADS-TEC Energy to Go Public in a $580 Million SPAC Deal
ADS-TEC Energy, a Germany-based electric vehicle (EV) charging company, has signed a definitive business combination agreement with European Sustainable Growth Acquisition Corporation (EUSG), a special purpose acquisition company, resulting in ...

EV Charging Company Allego to Go Public in a $3.14 Billion SPAC Deal
Allego, an electric vehicle (EV) charging network company, has signed an agreement for a business combination with Spartan Acquisition Corp III, a special purpose acquisition company (SPAC), resulting in Allego becoming ...

Renewable Technology Company Heliogen to Go Public in a $2 Billion SPAC Deal
Heliogen, a California-based renewable technology company, has signed an agreement for a business combination with Athena Technology Acquisition Corp, a special purpose acquisition company (SPAC), resulting in Heliogen becoming a publicly ...

EV Charging Firm Wallbox to Go Public in a $1.5 Billion SPAC Deal with Kensington Capital
Electric vehicle (EV) charging solutions provider Wallbox Chargers and Kensington Capital Acquisition Corp. II, a special purpose acquisition company (SPAC), have agreed to combine their businesses, converting Wallbox into a ...

Investors Must Come With Strong Operating Knowledge of The Indian Solar Market
At the Fireside Chat session held on Day 1 of the Mercom India Solar Summit 2021, Sumant Sinha, Chairman, and Managing Director, ReNew Power, shared industry insights in a freewheeling ...

Post IPO, ReNew Power Plans Over 18 GW of Renewables by 2025
ReNew Power, an India-based independent power producer, has plans to build a pipeline of around 18-19 GW of renewable capacity by the end of the financial year (FY) 2025, Sumant ...

Residential Solar Company Sunlight Financial to Go Public in a $1.3 Billion SPAC Deal
Sunlight Financial, a U.S.-based residential solar financing platform, has signed an agreement for a business combination with Apollo Global Management-backed Spartan Acquisition Corporation II, a special purpose acquisition company (SPAC), ...

Electric Charging Network Provider EVgo Services To Go Public in a $2.6 Billion SPAC Deal
EVgo Services, a wholly-owned subsidiary of LS Power and electric vehicle charging infrastructure provider, has signed a definitive agreement for a business combination with Climate Change Crisis Real Impact I ...