The Week in Deals
1 deal| Date | Deal Type | Tech | Seller / Sponsor | Buyer / Financier | Size | Location | Status | Notes | |
|---|---|---|---|---|---|---|---|---|---|
| Jul 1 | Corporate Debt & Capital Markets | Solar+BESS | Arevon Energy | Wells Fargo (admin agent) | $600M | Multi-state | Closed | Green loan with sustainability metrics. 15 lenders including Wells Fargo, CIBC, Credit Agricole, JPMorgan, BofA, Barclays, BNP Paribas. Latham & Watkins as borrower counsel, Morgan Lewis as lender counsel. |
Change of Control
5 movesJared McKee promoted to Chief Executive Officer at Clenera
McKee is Clenera's third CEO in two years, succeeding Adam Pishl who moved to Vice Chair. The Enlight subsidiary continues rapid growth in US solar and storage development.
Kimberly Harriman named Deputy Chief Executive Officer at Avangrid (from SVP, Public and Regulatory Affairs, Avangrid)
Harriman — a 20+ year NY energy regulatory veteran (NYPA GC, NY DPS) — promoted to #2 at Avangrid as Miranda took the CEO seat following Azagra's elevation to Iberdrola Group. The pairing balances Miranda's renewables/M&A background with Harriman's state-regulatory expertise.
Sy Oytan named Chief Executive Officer at Avangrid Power (from COO/SVP (joined 2020), Avangrid Power)
Oytan succeeded Miranda as CEO of Avangrid Power — Avangrid's onshore + offshore renewables developer. Restructure clarifies separation between regulated utilities (Purington) and merchant renewables (Oytan).
Adam Pishl joined as Vice Chair (Founder transition) at Clenera (from Chief Executive Officer, Clenera)
Founder Pishl transitioned from CEO to Vice Chair of Clenera (Enlight Renewable Energy's US development arm), with longtime CCO Jared McKee elevated to CEO. Effective Oct 1, 2025.
Joe Purington named Chief Executive Officer at Avangrid Networks (from President and Chief Executive Officer, Central Maine Power)
Purington elevated from CMP to lead Avangrid's entire utility/networks business — completing the post-Azagra leadership reshuffle and consolidating regulated-utility operations under a single CEO.
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