The Week in Deals
3 deals| Date | Deal Type | Tech | Seller / Sponsor | Buyer / Financier | Size | Location | Status | Notes | |
|---|---|---|---|---|---|---|---|---|---|
| Sep 26 | Corporate VPPA | Solar | BayWa r.e. Americas | Akamai Technologies | 30 MW | IL | Closed | Akamai (NASDAQ:AKAM) CDN/cloud security; 30 MW Prairie slice via NZCB. PPA price not disclosed publicly; will be imputed from regional comparables. Discovered via DealFlow research sweep (agent: 2023-2024-longtail). | |
| Sep 26 | Corporate VPPA | Solar | BayWa r.e. Americas | Teradyne | 20 MW | IL | Closed | Teradyne (NASDAQ:TER) automatic test equipment; 20 MW Prairie slice via NZCB. PPA price not disclosed publicly; will be imputed from regional comparables. Discovered via DealFlow research sweep (agent: 2023-2024-longtail). | |
| Sep 26 | Corporate VPPA | Solar | BayWa r.e. Americas | Wayfair | 20 MW | IL | Closed | Wayfair (NYSE:W) e-commerce; second VPPA for them (after Liberty Solar 15 MW in May 2023). 20 MW Prairie slice. PPA price not disclosed publicly; will be imputed from regional comparables. Discovered via DealFlow research sweep (agent: 2023-2024-longtail). |
Change of Control
2 movesAndrew Novotny named Chief Executive Officer at Calpine (from President and Chief Operating Officer, Calpine)
Formally took the CEO seat at Calpine, succeeding 10-year CEO Thad Hill (became Executive Chairman). Transition pre-announced February 2024 — this is the effective-date moment, four months before Constellation's $16.4B acquisition agreement.
Oct 1
Andrew Spielman joined as Shareholder, Energy & Natural Resources at Greenberg Traurig (from Shareholder, Brownstein Hyatt Farber Schreck)
Oct 1
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