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Berger Montague PC Investigating Claims on Behalf of Investors in Enphase Energy, Inc. (ENPH) After Class Action Filing
TMX Newsfile· 2026-02-20 13:41
Philadelphia, Pennsylvania--(Newsfile Corp. - February 20, 2026) - National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against Enphase Energy, Inc. (NASDAQ: ENPH) ("Enphase" or the "Company") on behalf of investors who purchased or otherwise acquired Enphase securities during the period from April 22, 2025 through October 28, 2025 (the "Class Period").Investor Deadline: Investors who purchased Enphase securities during the Class Period may, no later than Ap ...
SOLV Energy fetches $6 billion valuation in strong Nasdaq debut
Reuters· 2026-02-11 18:46
Core Viewpoint - SOLV Energy's shares increased by 20% during its New York debut, achieving a valuation of $5.98 billion, indicating a robust recovery in IPO activity for 2026 [1] Company Summary - SOLV Energy specializes in solar and battery storage solutions, reflecting a growing interest in renewable energy sectors [1] Industry Summary - The significant rise in SOLV Energy's stock price highlights a broader trend of revitalization in the IPO market, particularly in the renewable energy industry [1]
Solv Energy raises $512.5 million in US IPO
Reuters· 2026-02-11 04:29
Core Viewpoint - Solv Energy, a solar and battery storage firm, successfully priced its U.S. initial public offering (IPO) at $25 per share, raising a total of $512.5 million [1] Company Summary - Solv Energy is focused on solar and battery storage solutions, indicating a strong position in the renewable energy sector [1] - The IPO pricing was within the indicated range, suggesting positive market reception and investor confidence in the company's valuation [1] Financial Summary - The IPO raised $512.5 million, which can be utilized for expansion, research and development, or debt reduction [1]
SOLV Energy targets $5 billion valuation in US IPO
Reuters· 2026-01-30 19:37
Core Viewpoint - SOLV Energy, a solar and battery storage firm, is aiming for a valuation of up to $4.99 billion in its upcoming initial public offering (IPO) in the United States [1] Company Summary - SOLV Energy specializes in solar and battery storage solutions [1] - The company is preparing for its IPO, indicating a significant step towards capital market engagement [1] Industry Summary - The solar and battery storage industry is experiencing growth, as evidenced by SOLV Energy's substantial valuation target [1] - The IPO reflects increasing investor interest in renewable energy and storage technologies [1]
Scatec starts construction of large scale solar and battery storage project in Egypt
Globenewswire· 2025-05-05 20:00
Core Insights - Scatec ASA has initiated the construction of a 1.1 GW solar and 100 MW/200 MWh battery storage project in Egypt, with energy sales secured under a 25-year Power Purchase Agreement (PPA) backed by a sovereign guarantee [1][5] Project Details - The project will be executed in two phases: the first phase includes 561 MW of solar and 100 MW/200 MWh battery storage, expected to reach commercial operational date (COD) in the first half of 2026, while the second phase consists of 564 MW of solar, targeted for the second half of 2026 [2] - The total capital expenditure (capex) for the project is approximately USD 590 million, with plans to finance 80% through non-recourse long-term project debt [6] Financing Structure - Scatec has secured equity bridge loans (EBL) totaling USD 120 million, with USD 90 million from The Arab Energy Fund maturing in Q2 2028 and USD 30 million from the European Bank for Reconstruction and Development (EBRD) maturing in Q1 2027 [3] - A mandate letter has been signed with a consortium of development finance institutions for long-term non-recourse project debt, with financial close anticipated in the coming months [4] Company Positioning - Scatec's CEO, Terje Pilskog, emphasized the significance of this project as Egypt's first hybrid solar and battery initiative, reinforcing Scatec's role as a leading renewable energy producer in the region [5] - The company is committed to expanding its renewable energy capacity, currently operating and constructing 6.2 GW across five continents [7]