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					</table>From: <a href="https://mercomcapital.com/project-finance-brief-contourglobal-solar-project-portfolio/" target="_blank" rel="noopener">Mercom Capital Group</a>
ContourGlobal, an independent power producer and a KKR company, <a href="https://mercomcapital.com/contourglobal-acquires-446-mw-solar-project-portfolio/" target="_blank" rel="noopener">announced</a> the acquisition of a solar project portfolio totaling 446 MWp from Qcells, a solar cell manufacturer and project developer. The portfolio comprises two projects in Colorado and Virginia. The Northern Colorado project, totaling 324 MWp capacity, is under construction, while the Virginia project, totaling 122 MWp, is expected to begin construction in 2026.
TSE, a solar project developer, announced the <a href="https://mercomcapital.com/tse-secures-103-million-for-solar-project-portfolio-in-france/" target="_blank" rel="noopener">closing</a> of €100 million (~$102.7 million) in project financing from Crédit Agricole Transitions &amp; Energies and the Caisse d’Epargne CEPAC. The round brings the company’s total funding raised in 2024 to €220 million (~$229 million). The deals were completed in December 2024. The funding will support the construction and operation of seven ground-mounted solar projects totaling 120 MW.
Quinbrook Infrastructure Partners, an investment manager focused on renewables, <a href="https://mercomcapital.com/quinbrook-secures-450-million-funding-for-battery-energy-storage-project/" target="_blank" rel="noopener">announced</a> the closing of AUD$722 million (~$449.98 million) in new debt financing for Stages 1 and 2 of its Supernode battery storage project in Queensland, which have a combined capacity of 520 MW/1,856 MWh. Origin Energy has signed a long-term offtake agreement with Quinbrook for the project. A consortium of banks provided the funding, including Bank of America, Commonwealth Bank of Australia, Deutsche Bank, Mizuho Bank, and MUFG Bank.
Cenergy Power, a solar project developer, <a href="https://mercomcapital.com/cenergy-power-secures-equity-investment-for-300-mw-solar-portfolio/" target="_blank" rel="noopener">announced</a> the closing of a preferred equity investment from Aiga Capital Partners, a minority-owned investment advisor. The financing will support the development of the company’s solar project portfolio, totaling more than 300 MW of capacity. The portfolio includes over 50 MW of projects in operational and under-construction stages across sites in Maine, Illinois, and California. The company did not disclose the financial details of the investment.
EQUITA Capital SGR, a multi-asset management platform and part of the Italian investment bank EQUITA Group, <a href="https://mercomcapital.com/equita-capital-acquires-75-stake-in-solar-project-portfolio/" target="_blank" rel="noopener">announced</a> that EQUITA Green Impact Fund launched its deployment phase with a binding offer to acquire a 75% stake in a 74 MW solar project portfolio from DOMINION, an end-to-end project development company. The portfolio includes four projects, two in Sicily and two in Basilicata, Italy, in the ready-to-build stage.
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-emeren-sells-65-mw-solar-portfolio-in-germany/" target="_blank" rel="noopener">brief</a>.

Project Finance Brief: ContourGlobal Acquires 446 MW Solar Project Portfolio

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					</table>From: <a href="https://mercomcapital.com/project-finance-brief-cee-group-solar-project-germany/" target="_blank" rel="noopener">Mercom Capital Group</a>
CEE Group, a Hamburg-based renewable energy asset management firm, <a href="https://mercomcapital.com/cee-group-acquires-102-mw-solar-project-in-germany/" target="_blank" rel="noopener">announced</a> the acquisition of the 102 MW Klüden solar project in the Börde district in Saxony-Anhalt, Germany  from Sunovis, a Germany-based solar project developer. The construction of the solar project already began in September 2024, with commercial operation expected in April 2025.
Gulf Renewable Energy, a subsidiary of Gulf Energy Development Public Company, <a href="https://mercomcapital.com/gulf-renewable-energy-secures-820-million-loan-for-solar-and-storage-projects/" target="_blank" rel="noopener">announced</a> the closing of a $820 million loan to support the construction of a portfolio of 12 renewable energy projects across Thailand. The portfolio includes eight ground-mounted solar projects totaling 393 MW and four ground-mounted solar projects with battery energy storage systems totaling 256 MW and 396 MWh of energy storage.
Spruce Power, an owner and operator of distributed residential solar systems, <a href="https://mercomcapital.com/spruce-power-acquires-residential-solar-portfolio-in-new-jersey/" target="_blank" rel="noopener">announced</a> the acquisition of a residential solar portfolio from NJR Clean Energy Ventures (CEV), a subsidiary of New Jersey Resources for $132.5 million. The acquired portfolio, known as Spruce Power 5 Portfolio, includes approximately 9,800 solar systems in New Jersey, which were installed under a CEV residential solar program between 2010 and 2024.
Alpiq, a Switzerland-based electricity producer, announced the <a href="https://mercomcapital.com/alpiq-acquires-100-mw-200-mwh-battery-storage-project-in-france/" target="_blank" rel="noopener">acquisition</a> of the 100 MW/200 MWh battery energy storage project located in the department of Oise, north of Paris, France from Harmony Energy, a renewable energy project developer. The project is expected to be commissioned in autumn 2026.
Yinson Renewables, an independent renewable power producer, <a href="https://mercomcapital.com/yinson-renewables-secures-59-million-financing-for-solar-project/" target="_blank" rel="noopener">secured</a> a $59 million senior secured green financing for the 97 MWp Matarani solar project located near Arequipa, Peru. IDB Invest and Natixis Corporate &amp; Investment Banking provided the funding. The project achieved full commercial operations in September 2024 and is backed by a long-term Power Purchase Agreement (PPA) with Orygen, a Peru-based renewable energy supplier and generator.
TSE, a French solar developer specializing in agrivoltaics projects, <a href="https://mercomcapital.com/agrivoltaics-project-developer-tse-secures-68-5-million-financing/" target="_blank" rel="noopener">secured</a> a bond debt funding of €65 million (~$68.5 million) from the Eiffel Investment Group Fund. The debt funding will enable TSE to develop and construct new solar projects with a combined capacity of 800 MW. Astris Finance advised TSE as financial advisor and Gibson Dunn as legal advisor. Clifford Chance advised Eiffel Investment Group as legal counsel.
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-baywa-r-e-sells-solar-projects/" target="_blank" rel="noopener">brief</a>.

Project Finance Brief: CEE Group Acquires 102 MW Solar Project in Germany

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