Funding and M&A Roundup: Power Factors Acquires Renewable Software Provider Inaccess
Summary
This next funding phase enables Connected Energy to expand its technologies and operations globally and increase its availability of second-life batteries on the international markets. SunFunder offers financing solutions for Africa’s decentralized solar energy sector to achieve direct impact at the intersection of climate change and inequality. Upon completion, Mirova will own 100% of SunFunder, whose teams and expertise will strengthen its local investment and execution capabilities for its private asset strategies. With this acquisition, OPIS will expand its offering to the solar panel sector to provide current and forward-looking (PV) pricing data and market analysis. Under the terms of the SSA, the purchase price for the 50% shares in Silicon Aurora is $2.5 million in cash payable by Vast Solar in two installments.
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