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Dealflow: February 3 - 9

1 deal tracked·420 MW total capacity·2 executive moves

Published Monday, February 3, 2025

The Week in Deals

1 deal
DateDeal TypeTechSeller / SponsorBuyer / FinancierSizeLocationStatusNotes
Feb 1Power Purchase & OfftakeOtherNextEra Energy ResourcesGoogle / OPPD420 MWNEAnnouncedJoint Google-OPPD (Omaha Public Power District) clean energy project. 420 MW solar + 170 MW / 680 MWh 4-hour battery storage. OPPD acquires capacity; Google supports 24/7 CFE goal. NextEra to own and operate. COD expected 2027. OPPD seeing 100 MW/yr load growth.

Change of Control

2 moves

Eduardo Menezes joined as Chief Executive Officer at Air Products (from Former EVP, EMEA (2018-2021), Linde plc)

Activist-driven CEO change at world's largest merchant hydrogen producer. Linde veteran Menezes succeeds Seifi Ghasemi after Mantle Ridge campaign — pivots company strategy on multi-billion-dollar low-carbon hydrogen mega-projects (NEOM, Louisiana Clean Energy Complex).

Press release

Feb 4

Paris Theofanidis joined as Partner, Energy Transactions, Houston at Sidley Austin (from Partner, Global Finance, Paul Hastings)

Energy finance/derivatives expert Theofanidis anchored Sidley's Houston energy build — with deep capital-markets, structured-finance, and tax-equity work across upstream, midstream, and renewables.

Press release

Feb 3

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