Gibraltar Industries Sells eBOS Business to GameChange Energy for $70M
Gibraltar Industries, the parent of Terrasmart, announced the sale of its renewables electrical balance‑of‑systems (eBOS) business to a subsidiary of GameChange Energy for $70 million. The divestiture is the first step in a two‑step plan to align Gibraltar’s renewables assets with industry leaders. GameChange Energy will integrate the eBOS capabilities to expand its solar project support.
Socar Signs Exploration and Production‑sharing Agreement with Gran Tierra Energy
Azerbaijan's state oil company Socar has signed an exploration, development and production‑sharing agreement with Canada‑incorporated Gran Tierra Energy for a 1,600 km² on‑shore block in the Guba‑Caspian region. Gran Tierra will hold a 65% operating stake while Socar retains 35%, with...
Alpiq Acquires 535 MW Navaleo Pumped‑hydro Project in Spain
Swiss utility Alpiq announced the acquisition of the 535 MW Navaleo pumped‑hydro storage project in Castilla y León, Spain, its first large‑scale hydropower investment outside Switzerland. The project, originally developed by Erbienergía, is slated for commercial operation in the early 2030s...
Hudson Arranges $28.5M Senior Secured Debt Financing for Heritage Energy Holdings
Hudson Sustainable Group acted as exclusive advisor and co‑sponsor to close a $28.5 million senior secured debt financing for Heritage Energy Holdings. The loan, provided by Eagle Point Credit, will fund Heritage’s expansion of its distributed solar and battery storage platform...
R.Power Secures €43m Project Financing From Bank Millenium for Polish PV Portfolio
R.Power obtained PLN 181 m (≈€43 m) in project financing from Bank Millenium to fund a nine‑project photovoltaic portfolio in Poland, covering operating assets and new sites slated for commissioning by end‑2026. The financing raises R.Power’s total project financing raised over the past...
Scatec Secures €34M Debt Financing From EIB and EBRD for 190 MW Romanian Solar Project
Scatec announced it has reached financial close for a 190 MW solar power project in Romania, backed by a €34 million loan from the European Investment Bank and the European Bank for Reconstruction and Development. The financing will enable construction of the...
Aula Energy Acquires Lightsource Bp’s 1 GW Australian Solar and Storage Portfolio
Aula Energy, the renewables arm of Macquarie, announced the acquisition of Lightsource bp’s five solar farms and associated battery storage options, totaling about 1 GW of operational PV capacity in Australia. The deal adds the first operating fleet for Aula in the...
NARCL Places ₹285 Crore Anchor Bid for BLA Power's Stressed Debt
National Asset Reconstruction Company Ltd (NARCL) has emerged as the anchor bidder for the stressed debt of BLA Power, offering ₹285 crore under a Swiss Challenge auction. The bid represents a 38.6% recovery of the ₹738.18 crore outstanding debt, with...
LanzaJet Secures $47M Funding Led by IAG and Shell
Chicago‑based LanzaJet, a sustainable aviation fuel technology provider, announced a $47 million first‑close of a $135 million equity round at a $650 million pre‑money valuation. The round was led by IAG and Shell, with participation from Groupe ADP, LanzaTech, Mitsui and a grant...
Magellan Power Raises A$15 Million Strategic Investment From Viburnin Funds
Perth‑based energy storage specialist Magellan Power announced a strategic investment from Viburnum Funds, which took a minority stake worth A$15 million. The funding will support Magellan’s expansion, including local manufacturing of its Karri home‑battery and community‑scale storage systems. The deal was...
Terralayr Acquires BBD to Bolster German Battery Storage Platform
Swiss-based Terralayr announced the full acquisition of German battery developer BBD, consolidating its development platform and expertise in utility‑scale storage. The deal adds a pipeline of over 1 GW and expands Terralayr’s operational capacity in Germany, bringing the combined portfolio to...
Perch Energy Acquires Solstice to Expand Community Solar Portfolio
Community solar platform Perch Energy announced the acquisition of Solstice, a customer acquisition and management firm. The deal adds 550 MW of contracted solar projects and expands Perch’s portfolio to over 3 GW across 1,000+ projects in 16 states. Financial terms were...
Statiq Raises $18M in Equity‑debt Round Led by Tenacity Ventures
India’s EV‑charging network provider Statiq announced a new $18 million funding round, led by Tenacity Ventures, with participation from Y Combinator, Shell Ventures and RCD Holdings. The mixed equity‑debt round will fund expansion of its charging infrastructure across Tier‑1 and Tier‑2 cities...
Sun Investment Group Secures €32.5M Debt Financing From NORD/LB for 59MW Polish Solar Portfolio
Sun Investment Group has secured a €32.5 million debt financing package from NORD/LB, with Capcora as financial adviser, to develop 32 solar farms totaling 59 MW in Poland. The farms are slated for operation in 2026‑2027 and will benefit from...
Edison International Files $2B Woolsey Fire-Related Securitization
Edison International announced it has filed an application to securitize approximately $2 billion of Woolsey fire-related costs, with the transaction expected to close in mid‑2026. The securitization aims to offset normal debt issuance and manage wildfire-related liabilities.
DG Matrix Raises $60M Series A Led by Engine Ventures
DG Matrix, a solid‑state transformer startup, announced a $60 million Series A round led by Engine Ventures, with participation from ABB, Cerberus Ventures, Chevron Technology Ventures, Clean Energy Ventures, Fine Structure Ventures, Helios Climate Ventures, MCJ and Piedmont Capital. The funding will...
SM Energy to Sell South Texas Assets to Caturus Energy for $950 Million
SM Energy announced it will sell its South Texas assets, including 61,000 net acres and 260 producing wells, to Caturus Energy for $950 million in cash. The transaction, effective Feb. 1, 2026, is expected to close in Q2 and will help SM...
Rio Tinto Takes Majority Control of Nemaska Lithium, Plans $300M Investment
Rio Tinto announced it now holds a 53.9% stake in Nemaska Lithium, giving it majority control and management responsibilities. The miner plans to invest over $300 million this year to expand the Quebec lithium operation, while the Quebec government will contribute...
ValueQuest Investment Advisors Raises Rs 1,500 Crore PE Fund From Domestic LPs
ValueQuest Investment Advisors announced the closing of its Rs 1,500 crore ValueQuest Tristar private equity fund, focused on advanced manufacturing sectors such as aerospace, defence, and energy transition. The fund, which activated a Rs 500 crore greenshoe, aims to invest in 8–12 companies with...
Lydian Energy Secures $689M Debt Financing for US Solar and BESS Projects
Lydian Energy announced it has secured $689 million in financing to develop three U.S. projects—a 150 MW/733 MWh BESS in Utah and solar PV projects in New Mexico and Texas. The financing, comprising construction‑to‑term, tax‑credit bridge, co‑investment bridge loans and a letter of...
Ovintiv Agrees to $3 Billion Sale of Anadarko Basin Assets
Ovintiv Inc. announced it will sell its Anadarko basin assets in Oklahoma, comprising about 360,000 net acres and 90,000 boed, to an undisclosed buyer for $3 billion in cash. The transaction is slated to close early in Q2 2026, with Wells Fargo...
Octopus Energy to Acquire California Solar and Storage Project in $1bn Investment
Octopus Energy announced a near‑$1 billion investment in California, acquiring a solar and battery project slated to be operational by July. The move expands Octopus’s US clean‑tech portfolio and supports its broader $2 billion US energy transition plan.
OX2 Secures Project Financing From DNB Carnegie and UniCredit for 189MW Fageråsen Wind Farm
Swedish renewable energy developer OX2 has secured long‑term project financing from DNB Carnegie and UniCredit for its 189 MW Fageråsen onshore wind farm in Malung‑Sälen, Sweden. The financing supports the construction of the 27‑turbine project, which also includes a 200 MWh battery...
Portland General Electric to Acquire PacifiCorp Washington Utility Assets for $1.9B
Portland General Electric (PGE) announced an agreement to acquire select Washington state generation, transmission, and electric utility operations from PacifiCorp for $1.9 billion. The transaction includes three generation facilities, 4,500 miles of transmission and distribution lines, and will be run as...
PG&E to Issue up to $4.6B in Debt in 2026 to Fund Capital Plan
Pacific Gas and Electric (PG&E) announced it will issue up to $4.6 billion in debt in 2026 as part of its five‑year $73 billion capital plan, aiming to achieve investment‑grade credit ratings and fund large‑load growth driven by data centers and EV...
Silicon Valley Bank Provides $9.5M Growth‑capital Facility to Realta Fusion
Silicon Valley Bank, a division of First Citizens Bank, announced a $9.5 million growth‑capital facility for fusion‑energy startup Realta Fusion. The funding aims to support the company's development of high‑temperature superconducting magnet technology. The deal was disclosed on February 17,...
Utility Global Secures $100M Series D Funding to Accelerate Industrial Decarbonization
Utility Global announced a $100 million Series D financing round led by Ara Partners and APG Asset Management. The capital will fund the deployment of its H2Gen® technology for large‑scale hydrogen production and decarbonization across hard‑to‑abate industrial sectors.
Caterpillar VC Invests in ElevenEs to Build 1 GWh LFP Cell Factory in Serbia
Caterpillar’s venture capital arm announced an investment in Serbian battery startup ElevenEs, which is constructing a 1 GWh lithium‑iron‑phosphate cell factory in Serbia. The funding will support the company’s expansion in the energy storage market.
Lightspeed Venture Partners Leads Series B Funding for Tem
Tem, a startup developing AI-powered transaction infrastructure for modern energy markets, announced a Series B round in 2026 backed by Lightspeed Venture Partners. The investment will help Tem accelerate its mission to provide low-cost electricity worldwide. Financial terms were not...
Spain’s Regional Resilience Fund Injects €62 Million Into Qualitas Energy Credit Fund
The Spanish Regional Resilience Fund announced a €62 million capital injection into the Qualitas Energy Credit Fund to support renewable energy and energy‑transition projects across Europe. The investment, implemented by the European Investment Fund and financed through the NextGenerationEU recovery program,...
Swedbank Commits €85m Long‑term Facility to Finance BREP's Baltic Hybrid Solar‑storage Project
Swedbank has pledged an approximately €85 million long‑term financing facility to support the Baltic hybrid solar‑storage project launched by BREP, Mirova and Evecon. The facility will refinance the solar portfolio, fund the construction of a 55 MW/250 MWh battery system, and provide ancillary...
CoralPoint and Brinckmann Group Complete Merger
Energy transition consultancy CoralPoint and renewable‑energy market intelligence firm Brinckmann Group have completed a merger, effective 16 February 2026. The combined entity will offer end‑to‑end renewable‑energy advisory services across wind, solar, green fuels and infrastructure. Financial terms were undisclosed.
Volue Secures Strategic Private Equity Investment From TA Associates and Others
Oslo‑based energy technology provider Volue announced a strategic private‑equity investment led by TA Associates, with participation from Advent International, Generation Investment Management and Arendals Fossekompani. The undisclosed amount will be used to accelerate AI‑driven platform development, expand globally and pursue...
Greenwind Group Acquires Project Rights for Freudenberg Wind Farm in Brandenburg
Berlin‑based Greenwind Group announced it has acquired the project rights for four Vestas V150‑5.6 MW turbines at the Freudenberg wind farm in Brandenburg, totaling 22.4 MW. Construction will begin this year with turbine deliveries slated for August and commissioning expected by January 2027.
Saudi Fintech CASHIN Raises $16M Series A Led by Impact46
Saudi Arabia-based fintech CASHIN announced the closing of a $16 million Series A round, led by Impact46. The funding will support the expansion of its AI-enabled platform for fuel station operators across the Kingdom and deepen integrations with regulators and...
Acwa Refinances $2.45bn Hassyan IPP Debt
Saudi Arabia’s Acwa announced the refinancing of the Hassyan independent power project’s existing debt, a $2.45 bn transaction backed by a new, undisclosed group of lenders. The 2,400 MW gas‑fired plant, owned by Hassyan Energy Company, is part of DEWA’s generation portfolio.
Bangchak Corp to Acquire Chevron Hong Kong for $270M
Bangchak Corp announced it will acquire Chevron Hong Kong Ltd, Chevron’s Hong Kong fuel business, for US $270 million. The Thai energy conglomerate will finance the deal with loans and cash, expanding its presence across the Asia‑Pacific region.
Spire Inc. To Acquire Duke Energy's Piedmont Natural Gas Tennessee for $2.48B
Duke Energy announced the sale of its natural‑gas distributor Piedmont Natural Gas Tennessee to Spire Inc. for $2.48 billion. The transaction is expected to close in the first quarter of 2026, providing capital to support Duke Energy's expanded five‑year capital plan.
JERA Completes $1.5B Haynesville Shale Acquisition From Williams and GeoSouthern Energy
JERA Co., Inc., via JERA Americas, closed its $1.5 billion acquisition of the South Mansfield upstream asset in Louisiana’s Haynesville shale, buying it from Williams and GeoSouthern Energy affiliates. The deal expands JERA’s U.S. upstream portfolio and supports its low‑carbon LNG...
Potentia Secures CA$542M Debt Financing for Canada’s Largest BESS
Potentia Renewables closed financing for the 411 MW/1,644 MWh Skyview 2 battery energy storage system in Ontario, the largest BESS in Canada. German bank KfW IPEX‑Bank and Desjardins Group are providing about CA$542 million in construction and long‑term operational financing, acting as joint lead...
Harbour Energy Completes $3.2 Bn Acquisition of LLOG Exploration
Harbour Energy has completed its $3.2 bn acquisition of LLOG Exploration Company LLC, adding a deepwater oil portfolio in the U.S. Gulf. The deal, financed with $2.7 bn in cash and $0.5 bn in newly issued Harbour shares, expands Harbour’s offshore presence across...
European Energy Secures €64.5M Senior Debt for Kvosted Hybrid Solar & Battery Park
European Energy completed a €64.5 million senior debt financing for its Kvosted hybrid solar and battery park in Denmark. The loan is split between Ringkjøbing Landbobank (€43 million) and the Nordic Investment Bank (€21.5 million), with additional support from the EU’s InvestEU programme.
Power Finance Corp and REC Ltd Announce Proposed Merger to Boost Renewable Funding
State-run lenders Power Finance Corporation (PFC) and REC Ltd have announced a proposed merger aimed at enhancing financing access for India's renewable energy projects. The combined entity would have a larger capital base, potentially easing funding constraints for large‑ticket renewable...
Elemental Energies Acquires Applied Petroleum Technology to Expand Subsurface and Basin Modeling Capabilities
Elemental Energies announced the acquisition of Applied Petroleum Technology AS (APT), a specialist geoscience and petroleum geochemistry firm, to strengthen its global subsurface, geochemistry and reservoir analysis capabilities. The deal adds roughly 10% to Elemental’s workforce, bringing total staff to...
Quilt Raises $20M in Series B to Accelerate Smart Heat Pump Rollout
Quilt, a heat pump startup, announced a $20 million Series B funding round to fund its rapid scaling and development of smarter, high‑efficiency heat pump systems. The round was disclosed in a CleanTech Talk interview with CEO Paul Lambert, highlighting the company's...
Enlight Acquires Majority Stake in Germany's Project Jupiter Solar‑storage Venture
Israel‑based independent power producer Enlight announced it will acquire a 51‑60% stake in Project Jupiter, a 150 MW solar and 2 GWh battery‑energy‑storage system in Germany, partnering with investment manager Prime Capital. The deal values the project at €470‑500 million and aims to...
Revera Energy Secures US$150 Million Credit Facility to Expand Battery Storage in Australia and UK
Revera Energy, a Carlyle‑backed platform, has closed a US$150 million credit facility arranged by Nomura to fund battery‑storage, solar and green‑hydrogen projects across Australia and the United Kingdom. The financing will support the 150 MW/300 MWh Bungama Stage 1 battery project in South Australia...
Aboitiz‑Led Thunder Consortium Acquires Philippines’ CBK Hydropower Complex for P36.27 B
The Philippine government handed over the Caliraya‑Botocan‑Kalayaan (CBK) hydroelectric power plant complex to the Aboitiz‑led Thunder Consortium after a P36.27‑billion bid, marking a major privatization of a 797‑MW pumped‑storage asset. The consortium, comprising Aboitiz Power Corp (via Aboitiz Renewables), Japan’s...
Ørsted to Sell European Onshore Business to Copenhagen Infrastructure Partners for €1.44B
Ørsted announced it has signed an agreement to sell its entire European onshore wind business to Copenhagen Infrastructure Partners for €1.44 billion. The transaction is expected to close in the second quarter of 2026, marking a strategic realignment for Ørsted towards...
KKR Commits AU$603 Million to HMC Capital's 5.7GW Australian Energy Storage and Wind Pipeline
Global investment firm KKR announced a strategic partnership with ASX‑listed HMC Capital, committing up to AU$603 million to HMC’s Energy Transition Platform, which includes 5.7 GW of battery‑energy‑storage and wind projects. The funding will support expansion of the platform’s 652 MW of operational...