The Week in Deals
2 deals| Date | Deal Type | Tech | Seller / Sponsor | Buyer / Financier | Size | Location | Status | Notes | |
|---|---|---|---|---|---|---|---|---|---|
| Sep 13 | Project & Portfolio M&A | Other | AES Corporation | CDPQ (Caisse de depot et placement du Quebec) | $546M | OH | Closed | Part of AES's $3.5B asset sale proceeds target through 2027. CDPQ acquires 30% indirect interest to support AES Ohio growth plans. AES signed agreements with data center customers for 2.1 GW of new load growth at AES Ohio in 2024. Closed April 4, 2025. | |
| Sep 6 | Project Finance | Solar+BESS | Primergy Solar | — | $760M | NV | Closed | Refinancing of one of the largest solar+storage projects in the US. Private placement of senior secured notes plus LC facility. Project became operational in 2024. DC-coupled configuration. PPA with NV Energy. |
Change of Control
1 moveMichael Sheehan joined as Chief Operating Officer at Dimension Energy (from Chief Customer Officer, BrightNight Power)
Dimension Energy is an integrated community solar and BESS developer. Sheehan brings IPP experience from BrightNight Power.
Sep 15
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