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Blackstone and Sunotec enter €250 million partnership across energy storage, grid upgrades
Investment firm Blackstone has announced plans for a partnership with solar and storage project developer Sunotec, via a €250 million ($292.4 million) structured equity investment. The investment will support Sunotec’s project plans in Europe, as well as the company’s expansion into new areas including building grid infrastructure.
19 hours ago
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Boralex and Six Nations close financing for 500 MWh Oxford BESS in Canada
Boralex Inc and Six Nations of the Grand River Development Corporation reveal CAD 202 million financing secured for Oxford Battery Energy Storage Project in Ontario. The finance announcement quickly follows Boralex agreement to be acquired by Brookfield and major shareholder La Caisse.
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South Korea to invest $223 million in next-generation distributed grid, including ESS
The South Korean government has announced plans to invest KRW 321 billion ($222.6 million) in 2026 to upgrade regional distribution networks, deploy 85 energy storage systems, and expand solar integration while piloting microgrids and market reforms.
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