Finance And Ma

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Inox Clean Acquires Macquarie-Owned Vibrant Energy for ₹50 Billion

Inox Clean Energy has completed the acquisition of Vibrant Energy, a renewable energy platform owned by Macquarie and other shareholders, for approximately ₹50 billion...

April 2, 2026

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Rakesh Ranjan

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Finance and M&A

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Renewable Energy
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NTPC to Invest ₹58 Billion in 4.7 GWh Battery Energy Storage System

NTPC has approved an investment proposal for a 4.7 GWh battery energy storage system (BESS) with an estimated project cost of ₹58.22 billion (~$623.22 million). Recently,...

April 2, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A
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Project Finance Brief: Doral Secures $900 Million for Solar-Storage Project

From: Mercom Capital Group Doral Renewables, a utility-scale renewable energy project developer, closed nearly $900 million in financing for its Cold Creek...

April 1, 2026

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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: TerraSpark Secures $5.7 Million

From: Mercom Capital Group TerraSpark, a space-based solar energy solutions provider, secured €5 million (~$5.7 million) in a funding round led by Daphni, Sake Bosch,...

April 1, 2026

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Staff

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Finance and M&A

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Other
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IREDA Secures $175 Million from SMBC for Lending to Renewable Energy Projects

Indian Renewable Energy Development Agency (IREDA) has entered into a facility agreement with Sumitomo Mitsui Banking Corporation (SMBC) to raise an external commercial...

April 1, 2026

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Meghana Prasad

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Finance and M&A

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Renewable Energy
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GFCL EV Raises $80 Million to Scale Battery Materials Manufacturing

Gujarat Fluorochemicals (GFL) has announced that its subsidiary GFCL EV Products has raised approximately $80 million from an unnamed global investor, in addition to the...

March 30, 2026

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Meghana Prasad

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Energy Storage

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Finance and M&A
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Euler Motors Secures ₹4.37 Billion in Series E Funding Round

Electric vehicle (EV) manufacturer Euler Motors has raised ₹4.37 billion (~$46.2 million) in a Series E funding round. This round was led by Lightrock and saw Hero...

March 27, 2026

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Parth Shukla

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Electric Vehicles

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Finance and M&A
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August Energy Secures ₹1.3 Billion in Debt Financing from Aseem Infrastructure

Singapore-headquartered energy-as-a-service (EaaS) infrastructure platform August Energy has secured long-term project financing of ₹1.3 billion (~$15 million) in debt...

March 27, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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CCI Approves BlackRock’s Subscription of ABREN’s Equity Shares

The Competition Commission of India (CCI) has approved Singapore-based Global Infrastructure Partners (GIP) EM Star‘s subscription to Aditya Birla Renewables’...

March 26, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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Project Finance Brief: Arevon Secures $920 Million for 1.2 GWh Battery Project

From: Mercom Capital Group Arevon Energy, a renewable energy developer, owner, and operator, closed a $920 million financing package for its 300 MW/1,200 MWh Nighthawk...

March 25, 2026

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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: GS Power Partners Secures $250 Million

From: Mercom Capital Group GS Power Partners, an independent power producer and solar project developer backed by CVC DIF, closed a $250 million debt facility. Deutsche...

March 25, 2026

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Staff

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Finance and M&A

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Other
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Waaree Energies to Increase Stake in Transformer Solutions Subsidiary to 75%

The Board of Directors of Waaree Energies has approved an investment of ₹1.9 billion (~$20.32 million) in its transformer solutions subsidiary Waaree Transpower,...

March 24, 2026

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Melvin Mathew

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Finance and M&A

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Grid
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ILJIN Electronics to Raise ₹2.96 Billion from Amber Group Through Rights Issue

Greater Noida-headquartered energy storage solutions provider ILJIN Electronics plans to raise ₹2.96 billion (~$31.79 million) from its parent company, Amber Group,...

March 20, 2026

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Melvin Mathew

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Energy Storage

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Finance and M&A
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PFC to Raise ₹1.6 Trillion from Indian and Global Markets

State-owned lender to the energy sector, Power Finance Corporation’s (PFC) board has approved a plan to borrow up to ₹1.6 trillion (~$17.16 billion) from domestic and...

March 20, 2026

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Rakesh Ranjan

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Finance and M&A

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Other
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GAIL Invests ₹130 Million in JV with TruAlt to Develop Biogas Plants

Ethanol producer TruAlt Bioenergy’s subsidiary, Leafiniti Bioenergy, a compressed biogas (CBG) company, has received an investment of ₹130 million (~$1.4 million)...

March 20, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy

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