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

Baron Solar — 5 MW utility-scale solar with domestically manufactured panels, Anson County, North Carolina (~45 mi SE of Charlotte) — financed via syndicated REC offtake from Microsoft Tier-1 suppliers, organized by Ever.green

Headwater Energy → Microsoft Tier-1 supplier consortium (Slalom, Centific, ImagiCorps, BDA, Eleven 11 Solutions, TASA Analytics, Visionet)

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

Enel Green Power NA geothermal and solar portfolio — Cove Fort (UT), Stillwater & Salt Wells (NV), solar assets (CT)

Enel Green Power North America → Ormat Technologies

$271M

STX Midstream — South Texas natural gas pipeline assets (NET Mexico pipeline 90% interest, Dos Caminos 50% interest)

NextEra Energy Partners → Kinder Morgan

$1.815B

Triple Oak Power — 8 GW onshore wind development platform focused on central and western US markets

EnCap Investments → Energy Capital Partners

$500M-$750M

Global Infrastructure Partners (GIP) — world's largest independent infrastructure fund with 19+ GW operational renewables, 173 GW in construction/development

Global Infrastructure Partners → BlackRock

$12.5B