Funding and M&A Roundup: Solar Developer Intersect Power Secures $750 Million in Funding
CleanCapital acquires 100% ownership stakes in BQ Energy
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
United States-based large-scale renewable energy project developer Intersect Power secured a $750 million growth equity investment led by TPG Rise Climate, with additional participation from existing investors, Climate Adaptive Infrastructure (CAI), and Trilantic Energy Partners North America. This investment aims to provide capital to scale the company’s business and support the entry into new markets and technologies, including nearly 1 GW of green hydrogen production and the development of its mid to late-stage portfolio totaling 8.5+ GW and 8+ GWh throughout the U.S.
