The Week in Deals
8 deals| Date | Deal Type | Tech | Seller / Sponsor | Buyer / Financier | Size | Location | Status | Notes | |
|---|---|---|---|---|---|---|---|---|---|
| Aug 15 | Power Purchase & Offtake | Solar+BESS | EDF Renewables | NV Energy | 200 MW | NV | Operating | EDF-developed Nevada solar+storage PPA. [Research 2026-05-11: 300 MWh (4h duration) recovered from EDF Renewables — Arrow Canyon Solar+Storage project page. Original PPA was structured for 75 MW/300 MWh (4h) per DOI announcement; project as built came online Nov 2023 with 75 MW × 5h = 375 MWh. The 300 MWh figure represents the original contracted PPA scope; in service capacity is 375 MWh. Using contracted scope 300 MWh for PPA record. Note: solar capacity built out to 275 MWdc (vs 200 MWac contracted).] | |
| Aug 15 | Utility Green Tariff | Other | Xcel Energy (NSP-MN) | Uponor North America | 10 MW | MN | Closed | PPA price not disclosed publicly; will be imputed from regional comparables. Discovered via DealFlow research sweep (agent: xcel-renewable-connect). | |
| Aug 15 | Utility Green Tariff | Other | Xcel Energy (NSP-MN) | Tennant Company | 10 MW | MN | Closed | PPA price not disclosed publicly; will be imputed from regional comparables. Discovered via DealFlow research sweep (agent: xcel-renewable-connect). | |
| Aug 15 | Utility Green Tariff | Other | Xcel Energy (NSP-MN) | City of St. Louis Park | 10 MW | MN | Closed | PPA price not disclosed publicly; will be imputed from regional comparables. Discovered via DealFlow research sweep (agent: xcel-renewable-connect). | |
| Aug 13 | Subsidiary acquisition | Solar | Abengoa | Atlantica Yield | $27M | AZ | Closed | Atlantica Yield acquired Abengoa subsidiary ASI Operations, which held the Solana and Mojave concentrated solar plants, for $27M under a framework agreement. | |
| Aug 13 | Subsidiary acquisition | Solar | Abengoa | Atlantica Yield | $27M | CA | Closed | Atlantica Yield acquired Abengoa subsidiary ASI Operations, which held the Mojave and Solana concentrated solar plants, for $27M under a framework agreement. | |
| Aug 12 | Project acquisition | Solar | Invenergy | WEC Energy Group | $195M | WI | Closed | We Energies (100 MW) and Madison Gas and Electric (50 MW) agreed to acquire the remaining 150 MW second phase of the Invenergy-developed Badger Hollow Solar Farm. | |
| Aug 12 | Stake acquisition | Wind | — | PacifiCorp | 134.8 MW | WY | Announced | PacifiCorp acquired full ownership of the Foote Creek I wind facility, which it had previously held in joint ownership with the Eugene Water & Electric Board, to enable repowering. |
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.
Prefer the email view? Open the original email →
Get the next issue in your inbox
Free, every Monday. Unsubscribe anytime.