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Dealflow: February 15 - 21

1 deal tracked·382 MW total capacity·4 executive moves

Published Sunday, February 15, 2026

The Week in Deals

1 deal
DateDeal TypeTechSeller / SponsorBuyer / FinancierSizeLocationStatusNotes
Feb 15Tax Equity & Tax CreditsBESSTransGrid EnergyMultiple$515MAZClosedTransGrid $515M BESS tax capital ($165M tax equity + $350M ITC transfer). CRC-IB as FA.

Change of Control

4 moves

Justin Johnson named interim Interim Chief Executive Officer at Arevon Energy

Steps up from COO after Kevin Smith's resignation. Arevon owns and operates ~6 GW of solar and storage across 18 states.

Press release

Feb 20

Kevin Smith departed Arevon Energy as Chief Executive Officer

Smith's exit leaves a leadership gap atop one of the largest US independent solar and storage platforms (~6 GW, ~$11B invested). COO Justin Johnson has stepped in as interim CEO.

Press release

Feb 20

Thomas Verity joined as Partner, Energy M&A at Norton Rose Fulbright (from Partner, Latham & Watkins)

Houston-based lateral with extensive cross-border energy M&A experience. Norton Rose Fulbright continues investing in its energy capital presence.

Press release

Feb 15

Seth Richardson promoted to Partner, Project Development & Finance at Latham & Watkins

San Diego-based renewable energy project finance lawyer elected to partnership as part of Latham's 2026 class. Advises sponsors, investors, and lenders on development and financing of renewable energy projects, data centers, and LNG terminals.

Press release

Feb 20

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