The Week in Deals
2 deals| Date | Deal Type | Tech | Seller / Sponsor | Buyer / Financier | Size | Location | Status | Notes | |
|---|---|---|---|---|---|---|---|---|---|
| Oct 1 | Project & Portfolio M&A | Natural Gas | Lotus Infrastructure Partners | Vistra Corp | $1.90B | Multi-state | Closed | Vistra acquired Lotus Infrastructure's natural gas portfolio for $1.9B. 2.6 GW across 7 plants. Part of Vistra's strategy to expand dispatchable capacity for data center demand. | |
| Mar 12 | Project & Portfolio M&A | Natural Gas | Rockland Capital | NRG Energy | $560M | Multi-state | Closed | NRG Energy acquired six natural gas generation facilities from Rockland Capital for $560M. |
Change of Control
6 movesMark 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.
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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