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Dealflow: November 30 - December 6

1 deal tracked·100 MW total capacity·2 executive moves

Published Wednesday, November 30, 2022

The Week in Deals

1 deal
DateDeal TypeTechSeller / SponsorBuyer / FinancierSizeLocationStatusNotes
Nov 30Corporate PPASolarNational Grid RenewablesThe Home Depot100 MWTXClosed100 MW solar PPA covers ~8% of Home Depot's total US electricity. Project COD Nov 2022. PPA price not disclosed publicly; will be imputed from regional comparables. Discovered via DealFlow research sweep (agent: 2022-deep).

Change of Control

2 moves

Hunter Armistead named Chief Executive Officer at Pattern Energy (from Chief Development Officer, Pattern Energy)

Co-founder and CDO Armistead succeeds founding CEO Mike Garland after 13-year tenure. Armistead co-founded Pattern with Garland in 2009; brings 30 years of energy experience including Conoco-Phillips, Edison Mission Energy, and Babcock & Brown.

Press release

Dec 2

Mike Garland departed Pattern Energy as Chief Executive Officer

Founding CEO retires after 13-year tenure leading Pattern from a startup to one of the largest US wind developers. Co-founder Hunter Armistead (former CDO) succeeded him as CEO.

Press release

Dec 2

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