Project Finance Brief Sunseap Secures $85.8 Million Loan for a 70 MW Solar Project

Project Finance Brief: Sunseap Secures $85.8 Million Loan for a 70 MW Solar Project

From: Mercom Capital Group Sunseap Group, a Singapore-based renewable solutions provider, has secured an $85.8 million loan for its 70 MW SolarNova 4 project to install solar PV systems across ...
/ / Finance and M&A, Other
EDP Renewables Acquires Majority Stake in Sunseap at $815 Million Valuation

EDP Renewables Acquires Majority Stake in Sunseap at $815 Million Valuation

EDP Renewables (EDPR), a Spain-based renewable energy company, has acquired a majority stake in Singapore-based solar energy company Sunseap. The deal values Sunseap at S$1.1 billion (~$815.18 million). With this investment, ...
/ / Finance and M&A, Solar
Sunseap Secures $85 Million Loan to Install Solar Systems on Public Housing Blocks

Sunseap Secures $85 Million Loan to Install Solar Systems on Public Housing Blocks

Sunseap Group, Singapore's clean energy solutions provider, has secured an $85.8 million loan for its SolarNova 4 project to install solar photovoltaic (PV) systems across more than 1,200 public housing ...
/ / Finance and M&A, Solar
Funding and M&A Roundup Residential Solar Installer SunRoof Raises €4.5 million

Funding and M&A Roundup: Residential Solar Installer SunRoof Raises €4.5 Million

From: Mercom Capital Group PosiGen, a provider of renewable energy and efficiency solutions for low-to-moderate-income households, closed a Series D growth equity financing with an additional $27 million investment from ...
/ / Finance and M&A, Other
Facebook to Buy 5 MW Power from Sunseap Group's Offshore Solar Floating Project

Facebook to Buy 5 MW Power from Sunseap Group’s Offshore Solar Floating Project

Singapore-based solar energy company Sunseap Group has signed a multi-year virtual power purchase agreement (VPPA) with Facebook for solar energy from Singapore's largest offshore floating solar farm in the Straits ...
Malaysian Utility to Acquire 39% Stake in Sunseap's Rooftop Solar Projects in Vietnam

Malaysian Utility to Acquire 39% Stake in Sunseap’s Rooftop Solar Projects in Vietnam

TNB Renewables, a wholly-owned subsidiary of Malaysian utility company Tenaga Nasional Berhad (TNB), will buy a 39% stake in five rooftop solar projects developed by Singapore-based Sunseap Group in Vietnam ...
/ / Rooftop, Solar
Coronavirus Impacts Corporate Funding for Solar Industry Which Dropped by 31% in Q1 2020

Coronavirus Impacts Corporate Funding for Solar Industry Which Dropped by 31% in Q1 2020

The total corporate funding in the solar sector, which includes venture capital funding, public market, and debt financing has plummeted by 31% at $1.9 billion (~₹143.4 billion) in Q1 2020 ...
Sunseap Raises $80 Million to Support Solar Projects Across Asia

Sunseap Raises Over $71 Million to Support Solar Projects Across Asia

Sunseap Group, a Singapore-based renewable solutions provider, has raised 100 million in Singapore dollars (~$71.79 million) in its fourth round of fund-raising from Banpu, a publicly listed company on the ...
/ / Finance and M&A, Other
Kimberley Clark to Power its Singapore Huggies Factory from Solar

Kimberly-Clark to Power its Singapore Huggies Factory from Solar

U.S.-based personal consumer items manufacturer Kimberly-Clark has switched to solar power through the installation of a rooftop PV installation that will generate nearly 15% of the electricity consumed by its ...
Open Access Banked Units Can be Adjusted If Power Sourced from Same Generator: MERC

Sunseap Group Acquires Minority Stake in Australian EPC Company Todae Solar

Sunseap Group has acquired a minority stake in Todae Solar, an Australian commercial and industrial engineering, procurement and construction (EPC) solar company. According to Sunseap, a Southeast Asia-based renewable energy ...
/ / Finance and M&A, Solar