The Week in Deals
2 deals| Date | Deal Type | Tech | Seller / Sponsor | Buyer / Financier | Size | Location | Status | Notes | |
|---|---|---|---|---|---|---|---|---|---|
| Jun 7 | Corporate PPA | Wind | EDP Renewables (Meadow Lake Wind Repower) | Indiana Michigan Power (I&M) ratepayers | 100 MW | IN | Closed | IURC order says the PPA falls within Lazard 2024 onshore wind LCOE range of $27-73/MWh; OUCC did not oppose. Midpoint $50/MWh used as best disclosed estimate; specific $/MWh redacted. I&M to step up from 76 MW to 100 MW starting 2032. COD: 2025-12-31. Contract term: 15 years. Price confidence: medium. | |
| Jun 7 | Corporate PPA | Solar | Confidential developer (Hoosier Line Solar) | Indiana Michigan Power (I&M) ratepayers | 200 MW | IN | Closed | IURC order says Hoosier Line LCOE falls within Lazard 2024 utility-scale solar range of $29-$92/MWh. Midpoint $60.50/MWh used as best disclosed estimate; specific $/MWh redacted in public docket. Confirmed PJM-Indiana procurement at the higher end of legacy LBNL solar pricing. COD: 2027-03-31. Contract term: 20 years. Price confidence: medium. |
Change of Control
3 movesDavid Rosner named Commissioner at Federal Energy Regulatory Commission (from Energy Industry Analyst (detailed to U.S. Senate Energy and Natural Resources Committee), Federal Energy Regulatory Commission)
Biden-appointed Democrat confirmed alongside Lindsay See and Judy Chang, restoring FERC to its full five-member complement for the first time since 2022. Rosner briefly served as FERC Chairman from August to October 2025 before Swett was designated.
Lindsay See joined as Commissioner at Federal Energy Regulatory Commission (from Solicitor General, State of West Virginia)
McConnell-recommended Republican commissioner. See managed appellate and high-stakes litigation for West Virginia, bringing a state regulatory perspective to FERC at a time of rising federal-state tension over energy permitting.
Judy Chang joined as Commissioner at Federal Energy Regulatory Commission (from Undersecretary of Energy, Massachusetts Executive Office of Energy and Environmental Affairs)
Confirmed alongside Rosner and See in a bipartisan Senate vote on June 12–13, 2025. Chang's appointment completed FERC's restoration to a full five-member commission.
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