The Week in Deals
8 deals| Date | Deal Type | Tech | Seller / Sponsor | Buyer / Financier | Size | Location | Status | Notes | |
|---|---|---|---|---|---|---|---|---|---|
| Nov 17 | Corporate M&A | Solar | AES Corporation (75% future) + AIMCo (25% future) | — | 13,300 MW | UT | Closed | AES merges its US clean energy development arm with sPower to form AES Clean Energy with 12 GW pipeline. New entity: AES 75% / AIMCo 25% on future projects. | |
| Nov 17 | Corporate M&A | Solar | Capital Dynamics CEI | — | 316 MW | Multi-state | Closed | Capital Dynamics acquires 316 MW operating solar from LS Power. 3 projects in CA, AZ, DE. | |
| Nov 12 | Utility PPA | Wind | Pattern Energy | San Jose Clean Energy | 225 MW | NM | Closed | San Jose Clean Energy signed a 15-year agreement for 225 MW of output from the Clines Corners wind facility. | |
| Nov 10 | Utility Green Tariff | Solar | Silicon Ranch | Metro Nashville Government | 100 MW | TN | Closed | First local government in TVA service territory to participate in Green Invest. Co-subscriber with Vanderbilt University (25 MW) on 125 MW Silicon Ranch facility in Tullahoma TN. PPA price not disclosed publicly; will be imputed from regional comparables. Discovered via DealFlow research sweep (agent: tva-green-invest). | |
| Nov 10 | Project acquisition | Wind | Goldwind Americas | Exus Management Partners | 160 MW | TX | Announced | Goldwind Americas sold the 160 MW Rattlesnake Wind Project in McCulloch County, Texas to an investment company advised by Exus Management Partners. | |
| Nov 9 | Portfolio stake sale | Wind | NextEra Energy Resources | NextEra Energy Partners | 300 MW | KS | Announced | Soldier Creek Wind Energy Center, a 300.4-MW Kansas wind facility, was included in an approximately 1,100-MW renewables portfolio in which NextEra Energy Partners acquired a 40% interest, financed via an approximately $1.1 billion convertible equity portfolio financing with KKR. | |
| Nov 9 | Corporate PPA | Wind | Scout Clean Energy | Constellation | 146.6 MW | IN | Closed | Scout signed a 15-year PPA with Constellation, an Exelon company, for roughly 80% of the Bitter Ridge Wind Farm output. | |
| Nov 9 | Construction financing and tax equity | Wind | Scout Clean Energy | BHE Renewables | $213M | IN | Closed | Scout closed $213 million in construction financing arranged by KeyBanc Capital Markets with CoBank and Rabobank, plus tax equity from BHE Renewables. |
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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