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Dealflow: September 3 - 9

5 deals tracked·1,922.5 MW total capacity·8 executive moves

Published Monday, September 3, 2018

The Week in Deals

5 deals
DateDeal TypeTechSeller / SponsorBuyer / FinancierSizeLocationStatusNotes
Sep 5Project FinanceSolar+BESSNextEra Energy Resources$1.27BMulti-stateClosedNEP agrees to acquire 11-project wind/solar portfolio (1,388 MW) — incl. Rush Springs Wind (250 MW OK), Mountain View Solar (20 MW NV). $930M tax equity assumption. BlackRock GE&PI provided $750M convertible equity portfolio financing.
Sep 5Portfolio acquisitionWindNextEra Energy ResourcesNextEra Energy Partners$1.27BTXAnnouncedNextEra Energy Partners agreed to acquire an 11-project, ~1,388-MW renewables portfolio that includes the 200-MW Javelina II Wind Energy Center, alongside a $750 million convertible equity portfolio financing with a BlackRock-managed fund.
Sep 5Portfolio acquisitionWindNextEra Energy ResourcesNextEra Energy Partners$1.27BCAAnnouncedNextEra Energy Partners agreed to acquire a roughly 1,388 MW renewables portfolio for about $1.275 billion that explicitly included the 46 MW Golden Hills North Wind Energy Center in Alameda County, California.
Sep 4Power Purchase & OfftakeWindENGIE North AmericaBoston University48.6 MWSDOperatingBU's primary wind PPA. Source: BU press release Sept 2018. [Fact-check 2026-05-08: BU 48.6 MW share of 250 MW Triple H Wind confirmed; Hyde+Hughes counties SD/Sept 18 2018 verified.]
Sep 4Utility PPAWindNextEra Energy ResourcesGreat River Energy200 MWNDAnnouncedEmmons-Logan Wind entered a 25-year PPA with Great River Energy for the full output of the North Dakota wind project.

Change of Control

8 moves

Michael A. Brown joined as Senior Vice President, General Counsel and Corporate Secretary at Clearway Energy, Inc. (from Vice President, Assistant General Counsel and Corporate Secretary, The New York Times Company)

Clearway Energy — one of the largest US clean-energy generation owners, with assets across 27 states — brought back a former in-house lawyer to take its top legal seat, succeeding retiring GC Kevin Malcarney. Brown returns from The New York Times Company, where he was assistant GC, after an earlier 2014-2021 stint at Clearway and NRG Yield.

SEC filing

May 15

Kevin P. Malcarney departed Clearway Energy, Inc. as EVP, General Counsel and Corporate Secretary

Kevin Malcarney is retiring as Clearway Energy's top lawyer effective June 1, capping a tenure that spanned the company's growth into one of the largest US clean-energy owner-operators since he took the GC seat in 2018. He remains a non-executive employee through June 26; Michael A. Brown succeeds him.

SEC filing

May 15

Erik Johnson departed SOLV Energy as Chief Strategy Officer

Erik Johnson resigned as Chief Strategy Officer of SOLV Energy — the utility-scale solar EPC that went public in February 2026 — and transitioned to a non-executive employee role through year-end. No successor was disclosed in the 8-K.

SEC filing

May 12

Jing Nealis joined as Chief Financial Officer at NeoVolta Inc. (from Chief Financial Officer, SES AI Corporation)

NeoVolta, a San Diego-based battery-storage maker, hired Jing Nealis as CFO from EV-battery firm SES AI as it stands up domestic BESS manufacturing in Georgia (2 GWh initial capacity, targeting 8 GWh). She brings 20-plus years of energy-transition and manufacturing finance experience to the residential-to-utility/C&I expansion.

SEC filing

May 14

Steve Bond named Executive Vice President and President at NeoVolta Power LLC (from Chief Financial Officer, NeoVolta Inc.)

In the same announcement that named Jing Nealis CFO, NeoVolta's outgoing finance chief Steve Bond shifted to EVP and President of operating subsidiary NeoVolta Power LLC, taking direct charge of the company's Georgia battery-manufacturing buildout — a CFO-to-operations move that freed the finance seat.

SEC filing

May 14

Ravi Abbineni joined as Chief Financial Officer at ION Storage Systems (from Senior Vice President and CFO, JM Family Enterprises)

Maryland-based solid-state battery developer ION Storage Systems hired a finance chief from large privately-held JM Family Enterprises, signaling a push toward commercial scale-up of its solid-state cell technology.

Press release

May 14

Robert Vinje joined as Chief Operating Officer at Nextpower (from Chief Operating Officer, SOLARCYCLE)

Nextpower (the solar-tracker maker that rebranded from Nextracker in Nov 2025) hired SOLARCYCLE COO Robert Vinje as its COO — a SunPower and Amazon energy-operations veteran. Comp: $475K base, 70% target bonus from FY27, $4M FY27 equity award, $250K sign-on cash.

SEC filing

May 12

Marco Miller named Chief Project Development Officer at Nextpower (from Chief Operating Officer, Nextpower)

Nextpower's incumbent COO Miller shifts into a newly created Chief Project Development Officer role concurrent with Robert Vinje's COO appointment — reflecting the company's post-rebrand push into integrated power technology and project services.

SEC filing

May 12

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