Funding and M&A Roundup: Aurora Solar Raises $250 Million in Series C Funding

ERG, through its subsidiary ERG Eolienne France, has signed an agreement with FPCI Capenergie 3, a fund managed by the Paris-based private equity investor Omnes Capital, to acquire a 100% stake in Omniwatt, a French firm that owns a portfolio comprising five wind farms for a total of 58 MW and two solar projects for a total of 22 MW. This financing round will support Gridware’s efforts towards deploying cutting-edge technology to solve one of the world’s most burning challenges. Spurred by California’s impending fire season, the company will use these funds to accelerate its engineering and R&D efforts and expand its utility partnership network. This acquisition strengthens Dometic’s presence, know-how, and distribution network for mobile solar power solutions in North America. For reports and trackers on funding and M&A transactions in solar, energy storage, smart grid, and efficiency sectors, click here.