The Week in Deals
5 deals| Date | Deal Type | Tech | Seller / Sponsor | Buyer / Financier | Size | Location | Status | Notes | |
|---|---|---|---|---|---|---|---|---|---|
| Jul 13 | Tax equity financing | Solar | Heelstone Renewable Energy | Advantage Capital | 70 MW | GA | Closed | Advantage Capital acted as tax equity syndicator for four Heelstone utility-scale Georgia solar projects including Hobnail Solar, totaling approximately 320 MWdc. | |
| Jul 13 | Utility offtake agreement | Solar | Heelstone Renewable Energy | Georgia Power | 70 MW | GA | Closed | All power generated by the Hobnail Solar array in Burke County, Georgia is sold under contract with Georgia Power Company. | |
| Jul 11 | Corporate PPA | Solar | Silicon Ranch | Amazon | 50 MW | KY | Announced | The 50 MWac Turkey Creek Solar Ranch in Garrard County, built and owned by Silicon Ranch, supports Amazon's net-zero carbon emissions goal. | |
| Jul 10 | Construction loan | Solar+BESS | D. E. Shaw Renewable Investments | Societe Generale, Zions Capital Markets, Huntington National Bank, Commerzbank, SuMi Trust | 300 MW | NM | Closed | D. E. Shaw Renewable Investments closed construction financing for the 200-MWac San Juan Solar and Storage project in San Juan County, New Mexico, with a consortium led by Societe Generale. | |
| Jul 10 | Utility PPA | Solar+BESS | D. E. Shaw Renewable Investments | Public Service Company of New Mexico | 300 MW | NM | Closed | The San Juan Solar and Storage project has a 20-year power purchase agreement with the Public Service Company of New Mexico, replacing capacity from the retired San Juan Generating Station. |
Change of Control
2 movesPatrick Joggerst appointed Director at Plug Power (from Principal and Founder, J2 Consulting)
Joined Plug Power's board to help propel the company to its next phase of growth as a vertically integrated green hydrogen company.
Jul 10
Mark Bonney appointed Director at Plug Power (from President and Chief Executive Officer, On Board Advisors, LLC)
Joined Plug Power board alongside Patrick Joggerst as part of governance changes during pivotal hydrogen industry buildout year.
Jul 10
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