The Week in Deals
1 deal| Date | Deal Type | Tech | Seller / Sponsor | Buyer / Financier | Size | Location | Status | Notes | |
|---|---|---|---|---|---|---|---|---|---|
| May 1 | Corporate Debt & Capital Markets | Solar | AES Corporation | Multiple (long-term debt facility) | $301M | IL, MA, NY | Closed | $301M long-term debt facility for AES community solar buildout across NY, MA, and IL. Supports AES's distributed energy growth strategy. |
Change of Control
9 movesAlex Wilhelm promoted to Chief Financial Officer at Strata Clean Energy
Internal promotion after a decade at Strata — Wilhelm now oversees financial governance, treasury, tax, and risk management at the fast-growing developer and EPC.
Mark McGough joined as Chief Executive Officer at Clean Energy Systems
McGough brings 30+ years of energy technology experience to lead CES, a pioneer in carbon-free combustion technology and zero-emission power solutions.
Tristan Grimbert joined as President and Chief Executive Officer at EDF power solutions North America (from President and Chief Executive Officer, EDF Renewables North America)
EDF Renewables NA + EDF International Division Americas merged into "EDF power solutions North America" under Grimbert (CEO since 2008). Reflects EDF's strategy of integrating renewables with grid-scale, distribution, optimization and onsite businesses — pivoting from pure-play renewables to full energy-services platform.
Jigar Shah departed U.S. Department of Energy as Director, Loan Programs Office
Shah departed DOE's LPO after deploying $108B in clean energy financing during Biden admin. Launched advisory firm Multiplier with Jonathan Silver (Obama-era LPO director) and joined Powerhouse Ventures as part-time partner. Also joined CSE board. A marquee government-to-industry move.
Jigar Shah joined as Co-Founder and Co-Managing Partner at Multiplier (from Former Director (departed January 2025), U.S. Department of Energy (Loan Programs Office))
Three months post-DOE LPO, Shah launched Multiplier — an advisory firm to help climate-tech startups navigate complex financing structures. Builds on his $107B+ LPO loan-portfolio experience.
Kodwo Ghartey-Tagoe promoted to EVP and CEO, Duke Energy Carolinas; Head of Natural Gas Business Unit at Duke Energy
Succeeded retiring Julie Janson (39-year Duke veteran) as CEO of Duke Energy Carolinas. Ghartey-Tagoe's move from CLO to an operating unit CEO is an unusual cross-functional promotion that positions him in a critical regulated utility leadership role.
Julie Janson departed Duke Energy as EVP and CEO, Duke Energy Carolinas
37-year Duke veteran Janson retired as Carolinas CEO — her departure triggered the Ghartey-Tagoe promotion and broader leadership reshuffle at the utility deepest in nuclear and data-center load growth.
Alex Glenn joined as EVP and Chief Legal Officer at Duke Energy (from EVP and CEO, Duke Energy Florida and Midwest, Duke Energy)
Glenn moved from running Duke's Florida/Midwest utilities to Chief Legal Officer at corporate — part of the May 2025 reorganization tied to Janson's retirement.
Louis Renjel named EVP and CEO, Duke Energy Florida and Midwest at Duke Energy (from EVP, Chief Corporate Affairs Officer, Duke Energy)
Renjel promoted from corporate-affairs role to lead Duke's Florida and Midwest jurisdictions — the May 2025 reshuffle distributed Janson's former responsibilities across three SEVPs.
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