The Week in Deals
4 deals| Date | Deal Type | Tech | Seller / Sponsor | Buyer / Financier | Size | Location | Status | Notes | |
|---|---|---|---|---|---|---|---|---|---|
| Aug 3 | Project acquisition | Solar | rPlus Energies | Matrix Renewables | 200 MW | ID | Announced | Matrix Renewables acquired a controlling interest in the 200 MWac / 261 MWdc Pleasant Valley Solar project from developer rPlus Energies. | |
| Aug 3 | Corporate PPA | Solar | Matrix Renewables | Meta | 200 MW | ID | Closed | The project holds a 20-year power purchase agreement delivering power to Idaho Power and supporting Meta's data center operations near Kuna, Idaho. | |
| Aug 1 | Project Finance | Solar | Swift Current Energy | Multiple | $1.22B | IL | Closed | V&E advised Swift Current. ~$700M debt + ~$250M tax equity + ~$270M ITC transfers. | |
| Aug 1 | Construction debt and tax equity | Wind | Clearway Energy Group | Societe Generale | 160 MW | ID | Closed | Clearway secured approximately $322 million of construction and equity bridge loans, $37 million of letters of credit and a $122 million term loan from a bank consortium led by Societe Generale, plus committed tax equity, for the Cedar Creek Wind project. |
Change of Control
2 movesVikas Anand joined as Chief Operating Officer and Chief Financial Officer at Origis Energy (from Co-founder and Sponsor, GoGreen Investments)
Joined Origis as COO/CFO Aug 2023. Promoted to CEO March 2024 with founder Guy Vanderhaegen moving to Executive Chairman. Origis is top US utility-scale solar/storage IPP backed by Antin Infrastructure.
Aug 1
Robert Hamady joined as Chief Financial Officer at NuScale Power (from Chief Financial Officer, Equify Financial)
Hamady appointed CFO of NuScale Power succeeding Chris Colbert. Important transition during NuScale's first full year as a public company post-SPAC.
Aug 1
Prefer the email view? Open the original email →
Get the next issue in your inbox
Free, every Monday. Unsubscribe anytime.