Funding and M&A Roundup: Polysilicon Manufacturer Daqo Lists on Shanghai Stock Exchange

Mercom India | Jul 26, 2021 at 6:41 AM
  • Daqo New Energy, a manufacturer of high-purity polysilicon for the global solar PV industry, announced that the company’s major operational subsidiary, Xinjiang Daqo New Energy, has completed its IPO process and started trading on the Shanghai Stock Exchange’s Sci-Tech innovation board on July 22, 2021.
  • Q-Energy, a global investment, and management company in renewable energy has closed its fourth fund, Q-Energy IV, with an investment capacity of €1.1 billion (~$1.3 billion) in equity, which will allow the manager to mobilize more than €5 billion (~$5.8 billion) into the sector, including debt.
  • National Grid, electricity, and gas utility company, announced that its Emerald Energy Venture has secured an innovative $150 million portfolio revolving facility, with an accordion feature that will allow an increase to $250 million beginning in mid-2022, to support the growth of its renewable energy portfolio in the U.S.