8minute Solar Energy — 18+ GW solar + 24 GWh storage development pipeline

Arena Renewables — distributed-generation solar + BESS developer with ~1 GW US pipeline; founded July 2023; existing leadership team retained post-close

Arena Renewables (founders / management) → Headwater Energy

BrightNight–Cordelio Power JV portfolio buyout — 6 GW of development-stage solar + BESS projects across Western US transferred to BrightNight (out of original 15 GW JV); JV retains 4 assets — Box Canyon (300 MW solar, AZ, operating), Greenwater (200 MW / 800 MWh BESS, WA, construction), Pioneer (300 MW solar + 300 MW / 1,200 MWh BESS, AZ, construction), Biglow 1 (125 MW solar + 125 MW / 600 MWh BESS, fully contracted)

Cordelio Power → BrightNight

ACT Power Services — O&M platform acquired from Pine Gate Renewables bankruptcy estate; manages 9 GWdc solar + 2 GWh battery storage across hundreds of projects in 28 states

Pine Gate Renewables (Chapter 11 bankruptcy estate) → BridgePeak Energy Capital

CenterNode Group — new US solar and storage investment platform, up to $750M capital commitments

CenterNode Group (Forest Road Company) → Liberty Mutual Investments (anchor institutional investor)

$750M (committed capital)

Aypa Power $500M corporate credit facility upsizing — total commitments raised to $1.55 billion

Aypa Power (Blackstone portfolio company) → CIBC, Wells Fargo (lead structuring agents)

$1.55B total facility ($500M upsizing)

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)