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Dealflow: January 12 - 18

1 deal tracked·11 MW total capacity·1 executive move

Published Thursday, January 12, 2023

The Week in Deals

1 deal
DateDeal TypeTechSeller / SponsorBuyer / FinancierSizeLocationStatusNotes
Jan 12Corporate VPPAWindEnel North America (Enel Green Power)MathWorks11 MWOKClosedMathWorks (private MA-based MATLAB/Simulink developer) signed 12-year VPPA for 11 MW slice of 25 Mile Creek wind; addresses 100% of MathWorks US Scope 2 emissions (~50,000 MWh/yr). PPA price not disclosed publicly; will be imputed from regional comparables. Discovered via DealFlow research sweep (agent: 2023-2024-longtail).

Change of Control

1 move

Paul Mathews joined as Executive Vice President, Service and Supply Chain at Sunnova Energy (from President of US Industrial Engineering, UPS)

Mathews joined Sunnova in January 2023 from UPS after nearly two decades there. Drove a 75% reduction in service backlog; promoted to COO in 2024 then CEO in 2025 amid Sunnova's collapse.

Press release

Jan 15

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