Financema Solar

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Rays Power Infra Raises ₹1.27 Billion Via Equity Sale

Solar EPC and turnkey solution provider Rays Power Infra has raised ₹1.27 billion (~$15.17 million) in equity capital from a clutch of high-net-worth individuals, family...

July 25, 2024

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Staff

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Finance and M&A

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Solar
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Project Finance Brief: Intersect Power Secures $837 Million in Project Financing

From: Mercom Capital Group Intersect Power, a utility-scale solar project developer, announced closing two separate transactions representing an aggregate of $837...

July 24, 2024

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Staff

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Finance and M&A

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Solar
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Jakson Green Secures ₹3 Billion Credit Facility from First Abu Dhabi Bank

Jakson Green, the renewable energy arm of the Jakson Group, has secured a ₹2.96 billion (~$35.36 million) credit facility from First Abu Dhabi Bank (Mumbai) to support...

July 23, 2024

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Arjun Joshi

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Finance and M&A

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Solar
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BluPine Secures ₹4.36 Billion for a 120 MW Solar Project in Gujarat

Renewable energy company BluPine Energy has secured ₹4.36 billion ($52.85 million) in financing from the State Bank of India for its 120 MW solar project in Panshina and...

July 22, 2024

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Staff

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Finance and M&A

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Solar
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Sterling and Wilson Swings to Q1 Profit on Strong Domestic EPC Demand

The engineering, procurement, and construction (EPC) arm of Shapoorji Pallonji Group, Sterling and Wilson Renewable Energy, posted a net profit of ₹50 million (~$600,...

July 19, 2024

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Arshreet Singh

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Finance and M&A

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Solar
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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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ADB Approves $240 Million Loan to Finance Rooftop Solar in India

The Asian Development Bank (ADB) has approved loans of $240.5 million to finance rooftop solar systems in India. The financing will be provided to the State Bank of...

July 17, 2024

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Arjun Joshi

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Finance and M&A

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Rooftop

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Solar
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Project Finance Brief: Emeren Group Sells 42 MW Solar Project Portfolio in Spain

From: Mercom Capital Group Emeren Group, a solar project developer, announced the sale of a 42 MW ready-to-build solar project portfolio in Spain to CVE España, part of...

July 17, 2024

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Staff

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Finance and M&A

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Solar
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Jupiter Secures ₹3 Billion from ValueQuest for Solar Cell and Module Plant

Jupiter International, a manufacturer of photovoltaic solar cells and provider of solar power solutions in India, has received an investment of ₹3 billion (~$35.89...

July 16, 2024

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Arjun Joshi

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Finance and M&A

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Solar
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Project Finance Brief: Sonnedix Acquires 42 MW Solar Project in Spain

From: Mercom Capital Group Sonnedix, an independent solar power producer, announced the acquisition of a 42 MW ground-mounted solar PV project in Carpio del Tajo, Toledo,...

July 10, 2024

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Staff

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Finance and M&A

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Solar
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ENGIE Signs ₹14.6 Billion Loan Agreement with ADB for 400 MW Solar Project

ENGIE group has signed a loan agreement with the Asian Development Bank (ADB) for a 400 MW solar photovoltaic power project in Surendranagar District, Gujarat. ADB was...

July 4, 2024

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Staff

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Finance and M&A

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Solar
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ACME Solar Files for ₹30 Billion IPO

ACME Solar, an India-based renewable energy developer, has filed its draft red herring prospectus with the Securities and Exchange Board of India for an initial public...

July 3, 2024

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Arshreet Singh

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Finance and M&A

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Solar
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Project Finance Brief: Q ENERGY Sells 33 MW Solar Project in England

From: Mercom Capital Group Q ENERGY, a solar, energy storage, and wind project developer, announced the sale of a 33 MW Whinfield Solar Project near Darlington in...

July 3, 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: Doral Renewables Secures $400 Million

From: Mercom Capital Group Doral Renewables, a utility-scale renewable energy project developer, secured a $400 million minority equity investment from Dutch pension APG...

June 26, 2024

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Staff

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Finance and M&A

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Solar
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Project Finance Brief: DRI Acquires 126 MW Solar Project in Romania

From: Mercom Capital Group DRI, an Amsterdam-based renewable energy company and a subsidiary of DTEK Group, announced the acquisition of a 126 MW solar project in...

June 26, 2024

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Staff

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Finance and M&A

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Solar

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