The Week in Deals
9 deals| Date | Deal Type | Tech | Seller / Sponsor | Buyer / Financier | Size | Location | Status | Notes | |
|---|---|---|---|---|---|---|---|---|---|
| Dec 15 | Power Purchase & Offtake | Solar | NextEra Energy Resources | New England College Renewable Partnership (Amherst, Bowdoin, Hampshire, Smith, Williams) | 75 MW | ME | Operating | Five-college consortium PPA. [EIA-923 Sch 7 2024: plant "Farmington Solar" (EIA ID 64337), implied $63.48/MWh from revenue/MWh per 2024 EIA filing.] | |
| Dec 15 | Power Purchase & Offtake | Solar | Silicon Ranch | TVA + Meta (Facebook) (Green Invest) | 377 MW | TN | Operating | TVA-Meta-Silicon Ranch tri-party Green Invest deal. | |
| Dec 15 | Power Purchase & Offtake | Wind | Clearway Energy | Lowe's | 100 MW | TX | Operating | Historical 2017-2022 corporate PPA — backfilled via press archive scrape May 2026. [Fact-check 2026-05-08: FLAG — Lowe's source URL describes "Mesquite wind farm" in Fisher County TX, not specifically "Mesquite Star Wind". Mesquite Star is a separate Clearway project. Lowe's may have contracted a different/earlier-named Mesquite project. Project name needs separate verification.] [Flag #4 fix 2026-05-08: PROJECT NAME — corrected from "Mesquite Star Wind" to "Mesquite Wind Farm" (Fisher County, TX) per Lowe's Dec 2018 source. Mesquite Star is a different Clearway project; the source describes the Mesquite project specifically. 100 MW share / TX / ERCOT / Dec 2018 confirmed.] | |
| Dec 13 | Portfolio acquisition | Solar | Sempra Energy | Consolidated Edison | $1.60B | NV | Closed | Sempra Energy completed the sale of its US solar portfolio to Consolidated Edison for about $1.6 billion, including Sempra's interest in the jointly owned Copper Mountain Solar 2. | |
| Dec 13 | Portfolio acquisition | Solar | Sempra Energy | Consolidated Edison | $1.60B | AZ | Closed | Sempra Energy completed the sale of its U.S. solar assets, explicitly including Mesquite Solar 2, to Consolidated Edison. | |
| Dec 13 | Portfolio acquisition | Solar | Sempra Energy | Consolidated Edison | $1.60B | NV | Closed | Sempra Energy completed the sale of US solar assets to Consolidated Edison for about $1.6 billion; the named projects included Copper Mountain Solar 1 and 4 in Nevada. | |
| Dec 12 | Project acquisition | Wind | Longroad Energy | Sammons Renewable Energy | 237.6 MW | TX | Closed | Sammons Renewable Energy acquired the 238 MW Rio Bravo wind project in Starr County, Texas from Longroad Energy. | |
| Dec 12 | Tax equity | Wind | Enel Green Power | Wells Fargo | 185 MW | IL | Closed | Enel Green Power North America completed tax equity financing for the 185 MW HillTopper Wind project in Logan County, Illinois, with financing provided by Wells Fargo. | |
| Dec 11 | Utility PPA | Solar | Ranger Power | Wabash Valley Power Alliance | 199 MW | IN | Announced | Wabash Valley Power Alliance committed to purchase 100 percent of the output of the 199 MW Speedway Solar project in Shelby County, Indiana under a 35-year fixed-price power purchase agreement. |
Change of Control
8 movesMichael 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.
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.
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.
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.
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.
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.
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.
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.
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