Boston Metal Raises $75M to Expand Critical Minerals Business
Boston Metal, known for low‑carbon steel production, announced it has raised $75 million from new and existing investors to fund its pivot into critical minerals such as niobium and tantalum. The capital will support the company's expansion into metals used in aerospace and high‑end alloys, generating cash while it continues its steel decarbonization efforts.
GridStor Acquires Accelergen's 199MW Birdseye Battery Project in Colorado
GridStor announced it has acquired the Birdseye battery storage project, a 199 MW/796 MWh facility in Adams County, Colorado, from Accelergen. The financial terms were undisclosed, and the project is slated to start operations in late 2028. This marks GridStor's second acquisition...
Texture Raises $12.5M to Tackle the Operational Complexity of the Modern Grid
Grid‑software platform Texture announced a $12.5 million Series A round on May 20, co‑led by VoLo Earth Ventures and Equal Ventures, with participation from Lerer Hippeau and Abstract Ventures. The funding will support platform expansion and team growth for utilities and co‑ops, bringing total...
Edify Energy Secures Landmark Debt Financing for Queensland Solar-Battery Projects
Edify Energy, owned by La Caisse, has reached financial close on its Smoky Creek and Guthrie's Gap solar-battery hybrid projects in central Queensland, backed by a consortium of 14 lenders. The undisclosed debt package includes a 20-year off-take agreement with...
Enka Energy Transition Acquires 150 MWh BESS Project From BattMan Energy in Denmark
Enka Energy Transition, an investor in energy storage, has completed the acquisition of a 50 MW/150 MWh battery energy storage system project in Denmark from developer BattMan Energy. The transaction secures the project for Enka, with construction slated for Q1 2028, expanding its...
Industry Leaders Commit $239M to Hydrogen-Powered Aviation Alliance
Airbus, Bristol Airport, easyJet and Rolls‑Royce have pledged a combined £188 million (≈$239 million) to the Hydrogen in Aviation Alliance (HIA) to fund R&D for hydrogen‑powered regional flights in the UK through 2028. The investment, announced on 19 May 2026, aims to accelerate fuel‑cell...
OCI Energy Secures Construction Financing From ING for 120 MW Alamo City Battery Storage Project
OCI Energy’s 120 MW Alamo City Battery Energy Storage System in Bexar County, Texas, has broken ground, with ING providing construction financing. The project, owned by OCI Energy and operated by CPS Energy, will deliver 480 MWh of storage capacity to support...
Hull Street to Acquire FirstLight USA From PSP Investments
Hull Street announced it will acquire FirstLight USA from PSP Investments, adding a portfolio of nearly 1,400 MW of clean, reliable generation in the Northeast to its assets. The transaction expands Hull Street's renewable energy footprint.
HSBC Launches $4 Billion Sustainability and Transition Credit Facility for Chinese Clean‑tech Firms
HSBC announced a US$4 billion Sustainability and Transition Credit Facility to provide financing to mainland Chinese companies in clean power, data centres, electric vehicles and AI. The facility offers extended credit terms, streamlined approvals and tailored solutions to help eligible firms...
NextEra Energy to Acquire Dominion Energy in All‑stock Deal
NextEra Energy announced it will acquire Dominion Energy in an all‑stock transaction, giving NextEra shareholders 74.5% of the combined company and Dominion investors 25.5%. The merger will create the world’s largest regulated electric utility and position the combined firm as...
Greenpixie Raises $6.0M Pre‑Series A Round Led by VERBUND X Ventures
Greenpixie, a UK‑based energy SaaS startup, has closed a $6.0 million pre‑Series A round to help enterprises cut AI and cloud energy waste. The round was led by VERBUND X Ventures with participation from Octopus Ventures, Armajaro Holdings and Green Angel Ventures....
OX2 Secures Financial Close for Muswellbrook Solar Farm and Battery Project
Swedish renewable developer OX2 announced the financial close of its 135 MW solar farm and 100 MW battery project at the former Muswellbrook coal mine in New South Wales. The project, which includes a power purchase agreement with Amazon for part of...
Enervest Acquires 300 MW Northern Border Battery Project
Australian energy storage developer Enervest announced it has acquired the shovel‑ready 300 MW Northern Border Battery project in New South Wales from an undisclosed Sydney‑based developer. The acquisition adds a strategic four‑hour storage asset to Enervest’s portfolio, with construction slated to...
Fedgroup Secures $26.3M Funding From IDC to Accelerate Renewable Energy Projects
Fedgroup has secured R500 million (≈$26.3 M) from the Industrial Development Corporation to launch its Fedgroup Renewables Capital fund, targeting renewable‑energy and infrastructure assets for industrial clients such as Coega Steels and Mondi. The capital will support large‑scale energy‑transition projects, including a...
Lightrock Launches $500M Accelerate7 Fund Backed by Shell, TotalEnergies, Equinor, LGT
London‑based Lightrock announced the launch of its $500 million Accelerate7 fund, targeting clean energy, electric mobility and energy storage startups in South Asia, Southeast Asia and Sub‑Saharan Africa. The fund will make investments of $10‑$50 million and is backed by corporate investors...