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Dealflow: February 27 - March 4

1 deal tracked·6 executive moves

Published Tuesday, February 27, 2024

The Week in Deals

1 deal
DateDeal TypeTechSeller / SponsorBuyer / FinancierSizeLocationStatusNotes
Feb 27Power Purchase & OfftakeSolarLuna Valley Solar I, LLCSouthern California Edison CompanyCAOperatingUtility-side renewable PPA discovered via FERC EQR (contract C4). Signed 2024-02-27. COD 2024-02-27. Term ends 2045-08-21. MW not disclosed in FERC contract data — research enrichment pending. BA: CISO.

Change of Control

6 moves

Vikas Anand promoted to Chief Executive Officer at Origis Energy

Anand was elevated to CEO after joining as COO/CFO in August 2023. He previously spent 20 years at GE, culminating as CEO of GE Renewable Energy Onshore Wind Americas where he led $7.5B in revenues. Founder Guy Vanderhaegen moved to Executive Chairman.

Press release

Mar 1

Guy Vanderhaegen named Executive Chairman at Origis Energy (from Founder, CEO and President, Origis Energy)

Origis founder transitioned to Executive Chairman as the Antin Infrastructure Partners-backed developer professionalized its management with Anand's appointment.

Press release

Mar 1

Robb Jetty joined as Chief Executive Officer at REC Solar

Named CEO of REC Solar, a US C&I solar developer.

Press release

Feb 28

Peter Faricy departed SunPower as Chief Executive Officer

Departed as CEO with the residential-solar market in freefall, replaced by an Office of the Chairman led by returning Executive Chairman Tom Werner. SunPower filed Chapter 11 six months later.

Press release

Feb 27

Mariano Berges joined as Chief Operating Officer at Soltec

Joined Spanish solar tracker maker Soltec as group COO. Soltec is one of four major utility-scale tracker manufacturers active in the US.

Press release

Feb 28

David Buzzard named SVP Renewables Americas at Equinor (from VP Wind Development, Equinor)

Source

Mar 1

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