Energy Storage News•about 1 month ago
ROUNDUP: IPPs BrightNight, Lydian acquire US portfolios, ILOS Projects upsizes European credit facility
- •Goldman Sachs-backed BrightNight and Excelsior Capital-backed Lydian are actively acquiring US energy portfolios, indicating consolidation and growth in the IPP sector.
- •AXA-backed ILOS Projects has secured an upsized European credit facility, signaling robust financial backing for renewable energy and storage development in Europe.
- •These activities suggest a dynamic market for project development and potential future PPA opportunities for large power consumers as acquired assets are built out.
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