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					</table>From: <a href="https://mercomcapital.com/project-finance-brief-enfinity-global-secures-368-million/" target="_blank" rel="noopener">Mercom Capital Group</a>
Enfinity Global, a renewable energy project developer, <a href="https://mercomcapital.com/enfinity-global-secures-368-million-financing-for-solar-projects/" target="_blank" rel="noopener">raised</a> €316 million (~$368 million) in financing to support the construction of eight utility-scale solar projects with a combined capacity of 276 MW in Italy. The projects, located across the regions of Emilia Romagna, Basilicata, and Lazio, are expected to reach commercial operation by the end of 2026. Once operational, the projects are estimated to produce approximately 403 GWh of electricity annually.
Swift Current Energy, a utility-scale solar, wind, and energy storage project developer, <a href="https://mercomcapital.com/swift-current-energy-secures-242-million-project-financing/" target="_blank" rel="noopener">raised</a> $242 million in project financing for its 150 MW/600 MWh Prospect Power Storage project located in Rockingham County, Virginia. The energy storage project is currently under construction, with commercial operation expected in 2026. Prospect Power storage project holds a 15-year power purchase agreement with Dominion Energy Virginia.
Arevon Energy, a renewable energy developer, owner, and operator, has <a href="https://mercomcapital.com/arevon-energy-secures-tax-equity-financing/" target="_blank" rel="noopener">secured</a> a $250 million tax equity commitment from Wells Fargo Bank, N.A., for the development of a two-phase, 430 MW Kelso solar project in Scott County, Missouri. The transaction brings the company’s total financings to $4.5 billion over the past two years. The $500 million Kelso solar project is currently under construction.
Akaysha Energy, an energy storage project developer, <a href="https://mercomcapital.com/akaysha-energy-raises-196-million-corporate-debt-financing/" target="_blank" rel="noopener">secured</a> a A$300 million (~$196 million) corporate debt facility to support the development and construction of its battery energy storage project pipeline in Australia, the U.S., Japan, and Germany. A syndicate of global and domestic banks comprising BNP Paribas, Deutsche Bank, ING, SMBC, and Westpac provided the financing. The package includes a three-year multi-currency revolving loan and a letter of credit financing.
X-ELIO, a Brookfield-owned renewable energy project developer, has <a href="https://mercomcapital.com/x-elio-sells-50-mw-solar-project-in-italy/" target="_blank" rel="noopener">announced</a> the sale of the 50 MW Castelvetrano solar project, located in Sicily, to PLT Energia, a solar and wind energy company. The solar project, once operational, is expected to produce approximately 92 GWh of clean electricity annually. The company did not disclose the financial details of the transaction. The company currently has 146 MW of solar capacity in operation and a total of 116 MW of capacity under construction.
Grenergy, a renewable energy company, has entered into an agreement to <a href="https://mercomcapital.com/grenergy-sells-fourth-phase-oasis-de-atacama-project/" target="_blank" rel="noopener">sell</a> the fourth phase of its Oasis de Atacama project in Chile to funds managed by CVC DIF, the infrastructure investment arm of global private equity firm CVC Capital Partners. The transaction is expected to total an enterprise value of up to $475 million, including earn-outs and financial adjustments.
For reports and trackers on funding and M&amp;A transactions in solar, energy storage, smart grid, and efficiency sectors, click <a href="https://mercomcapital.com/clean-energy-reports/" target="_blank" rel="noopener">here</a>.
Read last week&#8217;s project finance <a href="https://www.mercomindia.com/project-finance-brief-zenobe-acquires-energy-project" target="_blank" rel="noopener">brief</a>.

Project Finance Brief: Enfinity Global Secures $368 Million

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					</table>From: <a href="https://mercomcapital.com/project-finance-brief-emeren-group-sells-solar-project/" target="_blank" rel="noopener">Mercom Capital Group</a>
Emeren Group, a solar project developer, <a href="https://mercomcapital.com/emeren-group-sells-42-mw-solar-project-portfolio-in-spain/" target="_blank" rel="noopener">announced</a> the sale of a 42 MW ready-to-build solar project portfolio in Spain to CVE España, part of CVE, a French independent power producer. The portfolio comprises eight greenfield projects with capacities ranging from 5 MW to 6 MW. One project has already been closed, while the rest will be closed during Q3 and are classified as ready-to-build. Six projects are in Castilla-y-Leon, one in Comunidad Valenciana, and the last in Andalucia.
Enfinity Global, a U.S.-based renewable energy project developer, <a href="https://mercomcapital.com/enfinity-global-secures-164-million-financing-for-solar-project-portfolio/" target="_blank" rel="noopener">closed</a> a $164 million (~JPY 26.24 billion) financing for a 250 MW solar PV project portfolio in Japan. Enfinity Global obtained the funding in partnership with Macquarie Capital and a syndicate led by Shinhan Asset Management. The portfolio comprises seven operating utility-scale solar projects and one project under construction, with an enterprise value of over $1 billion.
CEE Group, a renewable energy asset management firm, <a href="https://mercomcapital.com/cee-group-acquires-102-5-mw-solar-project-in-spain/" target="_blank" rel="noopener">announced</a> the acquisition of a 102.5 MW solar PV project in San Pedro del Pinatar in Murcia, a region in southern Spain, with its CEE Renewable Fund 8. The project is under construction and will be connected to the grid in the second half of 2025. The seller is a European corporation specializing in developing, constructing, and operating renewable energy projects.
Public infrastructure finance company REC Limited has <a href="https://www.mercomindia.com/rec-200-million-loan-deutsche-bank" target="_blank" rel="noopener">secured</a> a green loan of JPY31.96 billion (~$200 million) from Deutsche Bank‘s GIFT City branch to fund green projects in India. This green financing is one of the first JPY-denominated green loan transactions for Deutsche Bank at GIFT City.
Actis’ SE Asia Renewables Platform Levanta Renewables, a renewable energy project developer and independent power producer, <a href="https://mercomcapital.com/levanta-renewables-acquires-139-4-mw-solar-portfolio-in-thailand/" target="_blank" rel="noopener">announced</a> the acquisition of a 90% controlling shareholding in a 139.4 MW operating solar project portfolio in Thailand. The company acquired the portfolio from Super Energy, a Thai renewable energy project developer, and its subsidiary, Super Energy Group.
Akaysha Energy, an energy storage project developer, <a href="https://mercomcapital.com/akaysha-energy-secures-441-million-in-debt-financing-for-energy-storage-project/" target="_blank" rel="noopener">secured</a> A$650 million (~$440.92 million) in debt financing from a group of eleven domestic and foreign banks. The facility has a three-year tenor and will be used to construct the Orana Battery Energy Storage System project located near Wellington, NSW, within the Central West Orana Renewable Energy Zone , Australia. Once operational, the project will add more than 1,660 MWh of storage capacity to the National Electricity Market.
Click <a href="https://mercomcapital.com/clean-energy-reports/" target="_blank" rel="noopener">here</a> for reports and trackers on funding and M&amp;A transactions in solar, energy storage, and smart grid sectors.
Read last week’s project finance <a href="https://mercomcapital.com/project-finance-brief-sonnedix-acquires-solar-project/" target="_blank" rel="noopener">brief</a>.

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

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