From: Mercom Capital Group

Battery materials company Sila has raised $300 million in a private equity funding round to expand U.S. production of its silicon-carbon anode material and support the planned second phase of its manufacturing facility in Moses Lake, Washington. Sila plans to use the capital to accelerate production of Titan Silicon, its silicon-carbon anode technology, and fund the planned Phase 2 expansion of its Moses Lake plant. The company completed construction of the facility and began operations in the fall of 2025. It is now ramping up production.

AMPYR Distributed Energy, a distributed energy solutions provider backed by AGP Group, has secured €170 million (~$194 million) in debt facilities from existing partners Crédit Agricole Corporate and Investment Bank and Benefit Street Partners, Franklin Templeton’s private credit manager. The company said it will use the expanded facilities to acquire and develop distributed renewable energy assets across key European markets.

Sofab Inks, a materials company focused on perovskite solar technology, has raised $6 million in a seed funding round, led by strategic investor Cloudberry Ventures. Sofab Inks was spun out of the University of Louisville’s Conn Center for Renewable Energy Research and received support from the U.S. Department of Energy. The company develops novel, nanostructured materials for solar applications.

Brookfield Asset Management, a New York-headquartered global investment firm focused on infrastructure, renewable energy, private equity, real estate, and credit, has agreed to acquire North American battery storage platform Aypa Power from funds managed by Blackstone Energy Transition Partners. The transaction, which is subject to customary regulatory approvals, values Aypa at approximately $7 billion on an enterprise value basis at closing and $3 billion on an equity value basis.

MN8 Energy, a power platform developing, owning, and operating energy assets, has entered into a definitive agreement to acquire independent power producer Greenbacker Renewable Energy Company in a cash-and-equity transaction valued at up to approximately $375 million. MN8 will pay $350 million at closing, with up to $25 million in additional cash payments contingent on Greenbacker achieving specified commercial milestones.

For reports and trackers on funding and M&A transactions in solar, energy storage, and smart grid sectors, click here.

Read last week’s funding roundup.