finance

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Japan Bank Loans ¥2.6 Billion to PFC for Emissions Reduction Projects

Power Finance Corporation (PFC) has inked a project loan agreement with the Japan Bank for International Corporation (JBIC) for a ¥2.6 billion (~$20.2 million) facility....

March 27, 2023

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Gourav Mishra

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Other

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Renewable Energy
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IFC Invests ₹3.75 Billion in Tata Cleantech Capital’s Sustainability Bonds

International Finance Corporation (IFC), a member of the World Bank Group, will invest ₹3.75 billion (~$46 million) through sustainability-linked bonds (SLB) issued by...

March 28, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Funding and M&A Roundup: Beam Global Secures $100 Million Credit Facility

From: Mercom Capital Group Beam Global, a solar-powered electric vehicle charging and energy storage solutions provider, has secured a $100 million line of credit from...

March 29, 2023

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Staff

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Finance and M&A

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Other
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EnBW Takes €2.4 Billion Final Investment Decision on Offshore Wind Project

German electric utility company Energie Baden-Wuerttemberg (EnBW) has made its final €2.4 billion (~$2.6 billion) investment decision on He Dreiht, a major wind project...

March 24, 2023

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Arjun Joshi

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Finance and M&A

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Wind
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Funding and M&A Roundup: Solar Developer Amarenco Raises $321 Million

From: Mercom Capital Group Amarenco, an independent power producer, secured €300 million (~$321 million) in funding. The funding round was led by Arjun Infrastructure...

March 23, 2023

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Staff

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Finance and M&A

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Other
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MSMEs Adopt Solar Readily If Savings on Power Bills Cover EMI Cost: Interview

Small businesses are open to adopting rooftop solar if loan repayment is not an additional burden and is equal to their savings on electricity bills. Entities in the...

March 17, 2023

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Sumit Jha

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Rooftop

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Solar
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Constant Climate-Centric Funding Can Limit Global Temperature Under 1.5°C 

Financial support from developed economies to developing nations which is a critical enabler of climate action has been inadequate, said scientists in the latest...

March 21, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Investments in Renewables Reach New High in 2022 But Need Massive Increase

Global investments in energy transition technologies achieved a historic milestone by reaching a record high of $1.3 trillion in 2022, a 19% increase over 2021 and a 50%...

March 16, 2023

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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: Navisun Raises $235 Million for Solar Projects

From: Mercom Capital Group Navisun, an independent power producer, announced it has secured up to $235 million in debt financing through two facilities. The funding will...

March 15, 2023

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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: Solar Solutions Provider Palmetto Raises $150 Million

From: Mercom Capital Group Palmetto, a provider of solar-based software solutions, announced $150 million in funding from TPG Rise Climate, investing strategy of...

March 9, 2023

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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: EO Charging Raises $80 Million in Equity Funding

From: Mercom Capital Group EO Charging, a Britain-based electric vehicle charging solutions company, secured $80 million in equity funding from Vortex Energy and Zouk...

March 1, 2023

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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: NanoGraf Raises $65 Million for Battery Technology

From: Mercom Capital Group NanoGraf, a battery materials company with patented silicon-anode technology, has raised $65 million in a Series B funding round. The funding...

February 22, 2023

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Staff

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Finance and M&A

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Other
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Power Finance Corporation’s Q3 Profit Rises 7% YoY to ₹52.41 Billion

State-owned lender Power Finance Corporation (PFC) posted its highest-ever consolidated quarterly profit of ₹52.41 billion (~$633.5 million) for the third quarter (Q3)...

February 14, 2023

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Gourav Mishra

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Finance and M&A

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Other

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Renewable Energy
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Funding and M&A Roundup: Cirba Solutions Raises $50 Million for Battery Recycling

From: Mercom Capital Group Cirba Solutions, a provider of end-to-end battery recycling management solutions, received a $50 million minority investment from Tokyo-based...

February 15, 2023

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Staff

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Finance and M&A

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Other
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Energy Storage Firm Fluence’s Q1 Net Loss Narrows to $37 Million on Higher Orders

U.S.-based energy storage technology and services provider Fluence‘s net loss for the first quarter (Q1) of the financial year 2023 narrowed to $37 million...

February 10, 2023

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Gourav Mishra

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Energy Storage

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Finance and M&A

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