Finance and M&A

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AutoNxt Secures Pre-Series A Funding to Finance Electric Tractor Launch

AutoNxt Automation, a Maharashtra-based e-mobility tech startup, has raised funds in a Pre-Series A funding round to finance the launch of its first electric tractor...

April 11, 2024

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Mercom Staff

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Electric Vehicles

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Finance and M&A
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REC Records Six-Fold Jump in Renewable Energy Loan Approvals in FY24

Public infrastructure finance company REC Limited recorded its highest-ever loan approvals totaling ₹3.58 trillion (~$43.02 billion) in the financial year (FY) 2023-24,...

April 10, 2024

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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Funding and M&A Roundup: Torus Raises $67 Million to Advance Energy Storage Solutions

From: Mercom Capital Group Torus, a Utah-based energy storage solutions provider, has secured $67 million in new equity, conversion of outstanding notes, and a loan...

April 10, 2024

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Staff

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Finance and M&A

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Other
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JSW Energy Raises ₹50 Billion in Qualified Institutional Placement

JSW Energy, a private sector power producer, has completed a ₹50 billion (~$600 million) qualified institutions placement (QIP), attracting strong interest from marquee...

April 8, 2024

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Staff

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Finance and M&A
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Funding and M&A Roundup: Invenergy Secures $900 Million Green Loan

From: Mercom Capital Group Invenergy, a developer of renewable energy projects, secured a $900 million Green Letter of Credit facility to support the development of...

April 3, 2024

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Staff

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Finance and M&A

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Other
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NTPC REL, NHPC Secure $231 Million Loan from JBIC For Renewable Projects

The Japan Bank for International Cooperation (JBIC) has entered into strategic loan agreements with NTPC Renewable Energy and NHPC to help develop renewable energy...

March 29, 2024

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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: Recurrent Energy Acquires 420 MW Solar Portfolio in Spain

From: Mercom Capital Group Recurrent Energy, a global developer, owner, and operator of solar and energy storage and a subsidiary of Canadian Solar, announced the...

March 27, 2024

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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: Enapi Raises $2.7 Million in Pre–Seed Funding

From: Mercom Capital Group Enapi, a provider of EV charging solutions, announced the closing of its €2.5 million (~$2.7 million) pre-seed funding round provided by...

March 27, 2024

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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: Li-Cycle Secures $75 Million Strategic Investment

From: Mercom Capital Group Li-Cycle, a lithium-ion battery recycling company, entered into an agreement to issue a senior secured convertible note in an aggregate...

March 20, 2024

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Staff

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Finance and M&A

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Other
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Climate Tech Startup Sprih Secures $3 Million Funding for Global Expansion

Carbon emissions management platform Sprih recently raised $3 million in a seed funding round led by Leo Capital.The funds will be used to fuel the company’s sales and...

March 19, 2024

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Mercom Staff

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Finance and M&A

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Other
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Avaana Capital Secures $24.5 Million from GCF to Foster Climate Innovation in India

Avaana Capital, a climate-technology investor, has received an investment of $120 million, including $24.5 million from  the Green Climate Fund (GCF), in the “...

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BluPine Energy Secures ₹12.6 Billion Financing for 198 MW Wind Project in Gujarat

Gurgaon-based BluPine Energy has secured ₹12.6 billion (~$152.1 million) for its 198 MW wind project situated in Gujarat, which it had won under Gujarat Urja Vikas...

March 14, 2024

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Mercom Staff

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Finance and M&A

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Wind
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Battery Materials Recycler LOHUM Secures ₹4.5 Billion in Series B Funding

India-based battery materials producer LOHUM has raised ₹4.5 billion (~$54 million) in a series B funding from Singularity Growth, Baring Private Equity, Cactus Venture...

March 13, 2024

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Mercom Staff

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Energy Storage

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Finance and M&A
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Funding and M&A Roundup: Energy Storage Firm phelas Secures $4.5 Million Funding

From: Mercom Capital Group phelas, a provider of long-duration energy storage solutions, secured €4.1 million (~$4.5 million) in a seed funding round led by E44 Ventures,...

March 13, 2024

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Staff

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Finance and M&A

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Other
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Electric Mobility Solutions Firm Attron Secures ₹47.5 Million in Seed Funding Round

Attron Automotive, an electric mobility motor and controller solutions company, has raised ₹47.5 million (~$573,956) in a seed funding round led by Anicut Capital and...

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