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Dealflow: July 25 - 31

1 deal tracked·150 MW total capacity·2 executive moves

Published Tuesday, July 25, 2023

The Week in Deals

1 deal
DateDeal TypeTechSeller / SponsorBuyer / FinancierSizeLocationStatusNotes
Jul 25Utility PPASolarenergyRe / Duke Energy 2022 Solar Procurement winnersDuke Energy Carolinas, LLC150 MWNCClosedImplied/estimated near LBNL-comparable NC 2023 level ($37.48 Partin Solar comparable). Confirms 2022 procurement cycle pricing — substantially below 2025 cluster strikes. Sub-region: Duke (NC/SC).

Change of Control

2 moves

Ken Young named President and Chief Executive Officer at Apex Clean Energy (from Chief Operating Officer, Apex Clean Energy)

Promoted to President and CEO succeeding Mark Goodwin. Apex is one of the largest US wind/solar developers, owned by Ares Infrastructure since 2021.

Press release

Jul 28

Mark Goodwin joined as Director at Apex Clean Energy (from President and CEO, Apex Clean Energy)

Goodwin transitioned from CEO (since 2016) and President (since 2009) to a board role at Apex, completing leadership succession to Ken Young.

Press release

Jul 28

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