funding

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NTPC Raises $750 Million via External Commercial Borrowing

NTPC has raised an unsecured $750 million via an external commercial borrowing syndicated term loan facility. This loan will include a base issue of $500 million and a...

June 12, 2025

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Arjun Joshi

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Finance and M&A

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Other
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IREDA Raises ₹20 Billion Through Qualified Institutional Placement

Government-owned lender, Indian Renewable Energy Development Agency (IREDA), has raised ₹20.06 billion (~$234.71 million) through qualified institutional placement (QIP)...

June 11, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: MoP Announces ₹54 Billion BESS VGF Tranche Two

The Ministry of Power announced the second tranche of viability gap funding (VGF) to support battery energy storage systems (BESS) development in India. Under this...

June 11, 2025

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Mercom Staff

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Daily Wrap-up
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Clean Mobility Startup Vecmocon Raises $18 Million in Series A Funding

New Delhi-based sustainability and clean mobility startup Vecmocon has raised $18 million (~₹1.54 billion) in a Series A funding round from Ecosystem Integrity Fund,...

June 10, 2025

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Melvin Mathew

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Electric Vehicles

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Finance and M&A
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Government Announces ₹54 Billion VGF for Battery Storage Under Second Tranche

The Ministry of Power has announced the second tranche of viability gap funding (VGF) to support battery energy storage systems (BESS) development in India. Under this...

June 10, 2025

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Arjun Joshi

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Energy Storage

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Market & Policy
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Funding and M&A Roundup: AMPYR Distributed Energy Secures $229 Million

From: Mercom Capital Group AMPYR Distributed Energy, an investor in renewable energy solutions and part of the AGP Group, secured £170 million (~$229 million) in debt...

June 4, 2025

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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: Sention Technologies Raises $5 Million

From: Mercom Capital Group Sention Technologies, a company that provides battery quality monitoring solutions, has secured £3.7 million (~$5 million) in seed funding....

May 28, 2025

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Staff

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Finance and M&A

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Other
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Roofsol Raises ₹2 Billion from Aseem Infra for 93 MW Solar Projects

Maharashtra-based rooftop solar engineering, procurement, and construction services provider Roofsol Energy has secured ₹2.1 billion (~$24.67 million) in funding from...

May 26, 2025

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Arjun Joshi

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Finance and M&A

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Solar
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Funding and M&A Roundup: Nextracker Acquires Bentek Corporation

From: Mercom Capital Group Nextracker, a solar tracker and software solutions provider, announced the acquisition of Bentek Corporation, a provider of electrical balance...

May 21, 2025

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Staff

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Finance and M&A

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Other
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MENA Weekly Round-Up: Scatec’s 1 GW Solar Project in Egypt Secures $30 Million

The European Bank for Reconstruction and Development (EBRD) provided a $30 million equity bridge loan to Obelisk Solar Power, a special purpose vehicle owned by Scatec....

May 19, 2025

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Melvin Mathew

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Other

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Solar
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Funding and M&A Roundup: Energy Solutions Group Secures $139 Million

From: Mercom Capital Group Energy Solutions Group, an independent power producer specializing in renewable energy, announced the closing of a €125 million (~$139...

May 14, 2025

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Staff

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Finance and M&A

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Solar
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BluPine Closes ₹3.76 Billion Funding for 100 MW Solar Project in Gujarat

Gurugram-based renewable energy services company BluPine Energy, an Actis-backed renewable energy platform, has achieved financial closure of a debt funding of ₹3.76...

May 12, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Funding and M&A Roundup: Recurrent Energy Secures $415 Million

From: Mercom Capital Group Recurrent Energy, a solar and energy storage project developer and wholly owned subsidiary of Canadian Solar, has secured a multi-currency...

May 7, 2025

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Staff

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Finance and M&A

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Other
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ReNew Secures ₹8.7 Billion from British International Investment

Independent power producer ReNew Energy Global has secured an investment of ₹8.7 billion (~$100 million) from British International Investment (BII), a UK-based...

May 6, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Funding and M&A Roundup: Exowatt Closes $70 Million Series A Funding

From: Mercom Capital Group Exowatt, a provider of thermal energy storage solutions, secured $70 million in a Series A funding round led by Felicis, a venture capital...

April 30, 2025

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Staff

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Finance and M&A

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Other

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