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Dealflow: January 24 - 30

1 deal tracked·2 executive moves

Published Tuesday, January 24, 2023

The Week in Deals

1 deal
DateDeal TypeTechSeller / SponsorBuyer / FinancierSizeLocationStatusNotes
Jan 24Power Purchase & OfftakeSolarAppleseed Solar, LLCNorthern Indiana Public Service Company LLCINOperatingUtility-side renewable PPA discovered via FERC EQR (contract C1420134). Signed 2023-01-24. COD 2023-01-24. Term ends 2045-08-18. MW not disclosed in FERC contract data — research enrichment pending. BA: MISO.

Change of Control

2 moves

Eric Silagy departed Florida Power & Light as Chairman, President and CEO

Silagy retired after 20 years at NextEra/FPL, including 11 leading FPL. Departure came amid scrutiny over political consulting work. End of an era at the largest investor-owned utility in the US.

Press release

Jan 25

Armando Pimentel joined as President and Chief Executive Officer at Florida Power & Light (from Former President and CEO, NextEra Energy Resources)

Pimentel returned to NextEra to succeed Silagy as FPL CEO, having previously led NextEra Energy Resources. FPL serves over 5M customers in Florida.

Press release

Jan 25

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