NewQ1 2026 Clean Energy Deal Intelligence Report is live
FinancingClosedNovember 2, 2020

1,100 MW renewables: Sanford Airport Solar 49.4 MW (ME) + Soldier Creek Wind 300.4 MW (KS) + Wilmot Solar+Storage 100/30 MW (AZ)

NEP acquires 40% in 1,000 MW + 100% in 100 MW solar+storage. KKR + HOOPP + CAAT + Varma provide $1.1B CEPF.

$1.10B

Deal Value

1,100MW

Capacity

Hybrid

Technology

Multi-state

Location

MarketsHybridSPP

Deal Details

Deal Type
Project Finance
Seller / Sponsor
NextEra Energy Resources
Buyer / Financier
NextEra Energy Partners
Offtaker
NextEra Energy Partners
Deal Value
$1.1B CEPF; $750M initial; $320M net consideration
Stage
Operating
ISO/RTO
ISO-NE, SPP, WECC

Related Deals

PPAApr 2026

SRP–NextEra Arizona buildout — 3,000 MW of new solar (500 MW/yr from 2029-2034) plus 1,000 MW of battery storage to support evening ramp

NextEra Energy Resources → Salt River Project (SRP)

PPAApr 2026

Selenite Springs Energy Center — 250 MW utility-scale solar PV in West Texas (ERCOT); 250 MW VPPA with Graphic Packaging as sole REC buyer; targeted COD by end of 2027

NextEra Energy Resources → Graphic Packaging Holding Company (NYSE: GPK)

FinancingApr 2026

XPLR Infrastructure $232M Limited-Recourse Term Loan — battery storage JV portfolio financing (four JVs with NextEra Energy Resources, ~200 net MW contracted capacity)

XPLR Infrastructure LP (formerly NextEra Energy Partners) → Undisclosed lenders (limited-recourse senior secured)

$232,000,000

FinancingApr 2026

ArcLight Infrastructure Partners Fund VIII — $3.9B final close (exceeded $3.0B target; focuses on power generation, transmission, solar, wind, battery storage, hydro, gas, electric and gas T&D)

ArcLight Capital Partners

$3,900,000,000

M&AMar 2026

Intersect Power platform — digital power / data center + clean energy infrastructure (10.8 GW portfolio at close)

Greenbelt Capital Partners; TPG Rise Climate; Climate Adaptive Infrastructure (CAI) → Alphabet (Google)

$12B enterprise value ($4.75B cash + assumed debt)

FinancingMay 2026

Solar Landscape distributed/community solar warehouse facility — anchors 146 MW community solar portfolio across New Jersey, Illinois, Maryland, and Minnesota

Solar Landscape → First Citizens Bank

$600M

Get deals like this in your inbox

Free weekly clean energy deal intelligence. Every Monday.

← Back to Deal Database