The Week in Deals
7 deals| Date | Deal Type | Tech | Seller / Sponsor | Buyer / Financier | Size | Location | Status | Notes | |
|---|---|---|---|---|---|---|---|---|---|
| Apr 15 | Power Purchase & Offtake | Solar | BayWa r.e. | Hershey | 20 MW | NC | Operating | Historical 2017-2022 corporate PPA — backfilled via press archive scrape May 2026. | |
| Apr 15 | Power Purchase & Offtake | Solar | National Grid Renewables | Hershey | 50 MW | TX | Operating | Historical 2017-2022 corporate PPA — backfilled via press archive scrape May 2026. [Fact-check 2026-05-08: VERIFIED — Hershey/National Grid Renewables/Noble/50 MWac/Denton County TX/ERCOT/April 20 2021 all confirm.] | |
| Apr 15 | Utility PPA | Solar | rPlus Energies / PacifiCorp | Meta (Facebook) | 80 MW | UT | Closed | rPlus Energies' Graphite Solar in Carbon County, UT supplies Facebook (Meta) via PacifiCorp green tariff PPA. Came online Q4 2021. PPA price not disclosed publicly; will be imputed from regional comparables. Discovered via DealFlow research sweep (agent: 2020-2021-gapfill). [FERC Form 1 Sch 326 2020: seller="renewable world energies llc", implied $50.00/MWh = total_settlement / purchased_mwh (0.01 TWh annual purchased).] | |
| Apr 15 | Corporate VPPA | Solar | ENGIE | Procter & Gamble | 250 MW | TX | Closed | P&G's long-term VPPA with ENGIE for 250 MW Sun Valley Solar in Texas. Helps offset P&G North American electricity consumption. PPA price not disclosed publicly; will be imputed from regional comparables. Discovered via DealFlow research sweep (agent: 2020-2021-gapfill). | |
| Apr 15 | Utility Green Tariff | Solar | Silicon Ranch | Knoxville Utilities Board (KUB) | 55 MW | TN | Closed | KUB joined Tullahoma solar facility as co-subscriber for 55 MW alongside Metro Nashville (100 MW) and Vanderbilt (25 MW). Brought KUB total Green Invest commitment to 267 MW by April 2021. PPA price not disclosed publicly; will be imputed from regional comparables. Discovered via DealFlow research sweep (agent: tva-green-invest). | |
| Apr 14 | Build-transfer acquisition | Wind | Invenergy | Public Service Company of Oklahoma | 199 MW | OK | Closed | Invenergy developed the 199 MW Sundance Wind Energy Center in Woods County, Oklahoma as part of the North Central Energy Facilities; Public Service Company of Oklahoma (AEP) assumed ownership of the project upon its commercial operation. | |
| Apr 13 | Utility Green Tariff | Solar | Silicon Ranch | Jack Daniel's Distillery (Brown-Forman) | 20 MW | TN | Closed | Silicon Ranch builds/owns/operates facility in Moore County TN near Lynchburg distillery. Partnership with Duck River Electric Membership Corporation (DREMC). Expected to meet ~75% of Lynchburg distillery electricity needs. PPA price not disclosed publicly; will be imputed from regional comparables. Discovered via DealFlow research sweep (agent: tva-green-invest). |
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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