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Dealflow: June 1 - 7

1 deal tracked·2 executive moves

Published Thursday, June 1, 2023

The Week in Deals

1 deal
DateDeal TypeTechSeller / SponsorBuyer / FinancierSizeLocationStatusNotes
Jun 1Project FinanceBESSIntersect PowerMultiple$837MTXClosedOrrick advised Intersect Power on $837M in financing commitments for Texas BESS.

Change of Control

2 moves

Martin Neubert joined as Partner and Chief Operating Officer at Copenhagen Infrastructure Partners (from Chief Commercial Officer and Deputy Group CEO, Ørsted)

Joined CIP as Group CIO from Ørsted, later transitioned to COO. CIP closed CI V fund at ~$27B in Mar 2025 — largest infrastructure fund of its kind. Active in US BESS and offshore wind.

Press release

Jun 1

Avik Dey joined as President and Chief Executive Officer at Capital Power

Appointed CEO, succeeding retiring inaugural CEO Brian Vaasjo. Under his leadership Capital Power acquired $3.3B+ in gas assets in PJM/CAISO and expanded solar development.

Press release

Jun 1

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