The Week in Deals
2 deals| Date | Deal Type | Tech | Seller / Sponsor | Buyer / Financier | Size | Location | Status | Notes | |
|---|---|---|---|---|---|---|---|---|---|
| May 17 | Corporate Debt & Capital Markets | Solar+BESS | Leeward Renewable Energy | — | $1.25B | Multi-state | Closed | Construction warehouse facility to fund six fully contracted renewable projects. Stoel Rives provided legal counsel. | |
| May 16 | Tax Equity & Tax Credits | Other | Silfab Solar | Schneider Electric | — | WA | Closed | Schneider Electric purchases 45X AMPCs from Silfab Solar, facilitated by Crux Climate. Silfab's first sale of 45X credits. Funds used to accelerate Silfab's US manufacturing expansion. Silfab manufactures premium PV modules in North America. |
Change of Control
2 movesSteven Lichtin joined as Managing Director and CEO at Advantage Capital Renewables (from VP of Development, Cypress Creek Renewables)
Brings 15 years experience developing 10+ GW of solar and storage. Advantage Capital Renewables is the clean energy arm of New Orleans-based impact investment firm.
May 22
Scott Maskin promoted to Interim CEO at Pineapple Energy (from Board Member, Pineapple Energy)
SUNation Energy founder takes interim CEO role after Kyle Udseth resignation. Pineapple Energy is a residential solar company.
May 22
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