Direct Energy — 3M+ retail customers, 50 states + Canada

LS Power generation portfolio — 13 GW natural gas across 18 facilities in 9 states, plus CPower 6 GW VPP platform

LS Power → NRG Energy

$12B

6 natural gas generation facilities — 738 MW total capacity

Rockland Capital → NRG Energy

$560M

44% ownership stake in South Texas Project (STP) — 2,645 MW dual-unit nuclear plant, Bay City, Texas (ERCOT)

NRG Energy → Constellation Energy

$1.75B ($1.4B effective after tax benefits)

Stem acquires raicoon — Vienna-based provider of automated fault detection and event management software for solar asset performance; integration into Stem’s PowerTrack platform to streamline operational workflows and improve fault detection across renewable energy portfolios

raicoon GmbH → Stem, Inc.

$237.5M of ITC from four battery energy storage (BESS) projects in Texas (largest: 180 MW)

Four BESS project developers (undisclosed) → Kimberly-Clark

$237.5M

FH Capital acquires 75.1% controlling stake in Jinko Solar (U.S.) Industries Inc. — 2 GW solar module manufacturing facility in Jacksonville, Florida (AllianceFlorida at Cecil Commerce Center, ~650 employees) plus a growing US BESS manufacturing line. JinkoSolar Holding retains 24.9%.

JinkoSolar Holding Co., Ltd. (NYSE: JKS) → FH Capital

$191M (per Nikkei Asia)