NewQ1 2026 Clean Energy Deal Intelligence Report is live
M&AClosedJuly 25, 2022

SunZia Transmission — 550-mile bi-directional ±525 kV HVDC transmission line, central NM to south-central AZ; 3,000 MW capacity

Pattern Energy acquires SunZia Transmission project from SouthWestern Power Group (MMR Group subsidiary). 550-mile ±525 kV HVDC line connecting central NM to south-central AZ. Capacity to transport 3,000 MW. Sets up Pattern's eventual $11B financing close in December 2023 (largest US clean energy infrastructure financing).

3,000MW

Capacity

Other

Technology

NM, AZ

Location

Deal Details

Deal Type
Project & Portfolio M&A
Seller / Sponsor
SouthWestern Power Group / MMR Group, Inc.
Buyer / Financier
Pattern Energy Group LP
Deal Value
Undisclosed
Stage
Development
ISO/RTO
WECC

Related Deals

M&AJan 2026

Cordelio Power — 1,550 MW operating and in-construction wind, solar, and storage portfolio + development pipeline

Cordelio Power (CPP Investments) → Pattern Energy

1,550 MW

M&ADec 2024

Pattern Energy Group LP — 5.6 GW developed (incl. SunZia 3.5 GW transmission/wind) + significant US/Canada wind/solar/transmission portfolio

Riverstone Holdings → APG Asset Management (for Dutch ABP) + Australian Retirement Trust (ART)

5,600 MW

FinancingDec 2023

SunZia Wind (3,515 MW) + SunZia Transmission (550-mile HVDC, 3,000 MW capacity) — largest clean energy infrastructure project in US history

Pattern Energy Group → Multiple (consortium)

$11B

M&AMay 2026

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)

M&AMay 2026

Salzburg Battery Energy Storage Project — 150 MW / 600 MWh standalone BESS in Midland Township, central Michigan. Permitted, advanced-stage interconnection. Targeted COD 2029-2030.

ESA Solar Energy, LLC → Ørsted

M&AMay 2026

SOLV Energy acquires Roberson Waite Electric (RWE) — Anaheim, CA-based utility substation construction, testing, commissioning, and infrastructure services contractor founded in 1975; expands SOLV’s service capabilities into regulated utility market; RWE will operate as a SOLV company retaining current leadership and customer relationships; expected to close Q3 2026

Roberson Waite Electric → SOLV Energy

Get deals like this in your inbox

Free weekly clean energy deal intelligence. Every Monday.

← Back to Deal Database