BuyerLender / FinancierAdvisor
Morgan Stanley
Track
57
Deals Tracked
$143.94B
Deal Value
120,642.3MW
Total Capacity
2
Executive Moves
Solar
Top Technology
Deal Activity
May 8AdvisorFH 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%.Corporate M&ASolar$191M
Apr 6AdvisorEnergySolutions (nuclear services — waste management, transportation, processing, recycling) — acquisition by ECP from TriArtisan Capital, ~$2BCorporate M&ANuclear$2.00B
Mar 12BuyerShirk Energy StorageITC tax equityBESS80 MW
Mar 4LenderClean Power Alliance 6th energy prepayment bond — $963M green bond, ~543,000 MWh/yr renewable energyCorporate Debt & Capital MarketsSolar$963M
Jan 7AdvisorCalpine Corporation — 27 GW natural gas + geothermal fleet, creating 55 GW combined companyCorporate M&AGeothermal$26.60B27,000 MW
Nov 7LenderCross Town BESS — 175 MW / 350 MWh, Gorham, Maine (largest battery in ISO-NE region)Project & Portfolio M&ABESS$65M175 MW
Nov 5LenderCranberry Point Energy StorageTax equityBESS$95M150 MW
Sep 25Lender1000 Mile Solar — 400 MWdc, financial close achievedProject & Portfolio M&ASolar400 MW
Sep 2LenderLower Rio Energy StorageTax equityBESS$25M60 MW
May 27LenderArrowleaf Solar and StorageTax equityHybrid$62M77 MW
May 12AdvisorLS Power generation portfolio — 13 GW natural gas across 18 facilities in 9 states, plus CPower 6 GW VPP platformCorporate M&AOther$12.00B13,000 MW
Apr 8LenderRecurrent Energy corporate credit facility — multi-currency up to $415M with accordion featureCorporate Debt & Capital MarketsSolar + Storage$415M
Mar 18AdvisorMiddle River Power — 11 gas plants in California (9 peakers, 2 CCGTs) plus operating companyCorporate M&AOther$2.20B1,900 MW
Jan 6Lender1000 Mile SolarDebt and tax equitySolar300 MW
Dec 10AdvisorIntersect Power strategic partnership — $20B investment in co-located data centers + clean energy (solar, storage)Corporate M&ASolar + Storage$800M2,200 MW
Nov 20LenderGenerate Capital sustainable infrastructure platform — solar, BESS, EV charging, biogas, microgrid pipelineCorporate Debt & Capital MarketsSolar + Storage$1.20B
Oct 1AdvisorPublic Service Co. of North Carolina (PSNC Energy) — natural gas distribution utility serving ~600,000 customers in North CarolinaCorporate M&AOther$14.00B
Jul 17LenderLumina II Solar ProjectProject finance debt and tax equityHybrid$837M486.6 MW
Jun 25LenderSunrun residential solar + battery system leases/PPAs — record-setting senior securitizationCorporate Debt & Capital MarketsSolar + Storage$886M
May 20AdvisorAvangrid — US regulated electric/gas utility (NY/CT/ME/MA) + offshore wind/onshore renewablesCorporate M&ASolar + Storage$2.50B8,000 MW
May 1LenderSuperstition Energy StorageTax equityBESS$82M90 MW
Apr 12LenderRWE's first US green bonds — two tranches of $1B each (10-year and 30-year maturities) to fund US renewable energy projects across 146 solar, onshore wind, and battery storage sitesCorporate Debt & Capital MarketsSolar + Storage$2.00B
Mar 7AdvisorEast Ohio Gas (rebranded Enbridge Gas Ohio) — natural gas distribution utility serving ~1M customers in OhioCorporate M&AOther$6.60B
Jan 1LenderOrion Solar Belt — 1.3 GW portfolio of 4 utility-scale solar projects (Orion I, Eiffel, Orion II, Orion III), Milam County, TX — 875 MWdc using 1.3M American-made First Solar modulesProject FinanceSolar$2.40B1,300 MW
Jun 12AdvisorDuke Energy Commercial Renewables — 5,900 MW operating + under construction wind, utility-scale solar, and storage assets across the USCorporate M&ASolar + Storage$2.80B5,900 MW
Dec 28AdvisorArchaea Energy — leading US RNG (renewable natural gas) developer/operator, 50+ landfill gas + biogas projectsCorporate M&AOther$4.10B
Dec 5BuyerTitan Solar 1 (CA)Tax equity investmentSolar70 MW
Nov 30Lender8 transactions covering 2.2 GWdc late-stage solar + 1.4 GWh co-located storage portfolio (CA + TX projects in operation by 2023)Project FinanceSolar$2.60B2,200 MW
Nov 18LenderOberon Solar ProjectPortfolio project financingHybrid$2.60B375 MW
Nov 18LenderOberon II Solar ProjectPortfolio project financingHybrid$2.60B375 MW
Nov 18LenderBlythe Mesa Solar II (Athos III)Portfolio project financingHybrid$2.60B335.6 MW
Oct 25LenderShakes SolarProject debt and tax equitySolar200 MW
Jul 23AdvisorMicrovast — Li-ion battery systems for EVs and energy storage (ultra-fast charging, high cycle life)SPAC MergerBESS$3.00B
Jul 3AdvisorCypress Creek Renewables — integrated US solar IPP/developer (~12 GW pipeline)Platform AcquisitionSolar1,500 MW
Jun 8LenderElara SolarTax equitySolar132.4 MW
Apr 28AdvisorStem — AI-driven smart energy storage software + integrated servicesCorporate M&ABESS$1.35B
Mar 12AdvisorAeva — 4D FMCW lidar (Mountain View CA)Corporate M&AOther$2.00B
Jan 29LenderPlug Power public follow-on offering — 28M shares × $65 = $1.82BCorporate Debt & Capital MarketsHydrogen & Fuel Cells$1.82B
Dec 29AdvisorRomeo Power — EV battery technologyCorporate M&ABESS$900M
Nov 24LenderPlug Power $1B equity raise — green hydrogen network expansionProject FinanceHydrogen & Fuel Cells$1.00B
Oct 8AdvisorVivint Solar — residential solar/storage acquisition closeCorporate M&ASolar$3.20B3,000 MW
Sep 24AdvisorCheniere Energy Partners 41% interest (LNG)Corporate M&ANatural Gas$7.00B
Jul 7AdvisorVivint Solar — residential solar/storage; combined Sunrun+Vivint ~500K customers + 3 GW assets (largest residential solar consolidation)Corporate M&ASolar$3.20B3,000 MW
Mar 16AdvisorTerraForm Power — 4 GW wind/solar/distributed solar IPP across NA + EuropeCorporate M&ASolar + Storage$1.58B4,000 MW
Oct 17LenderSunrun fourth solar lease/PPA securitization — $312.4M Class AProject FinanceSolar$312M
Apr 9AdvisorDynegy — natural gas + coal generation; combined Vistra+Dynegy 40 GW capacity (60% gas), 12 states, 2.7M residential + 240K C&I customersCorporate M&ANatural Gas$1.70B40,000 MW
Mar 9AdvisorOncor Electric Delivery — largest TX T&D utilityCorporate M&AOther$9.45B
Oct 30AdvisorDynegy — IPP merchant fleet (gas/coal); combined 40 GWCorporate M&ANatural Gas$1.74B
Aug 21LenderOncor Electric Delivery — largest TX electric T&D utility (~134K miles of lines, ~3.5M advanced meters, 11M Texans served)Corporate M&AOther$9.45B
Mar 7AdvisorTerraForm Power 51% + TerraForm Global 100% (out of SunEdison Ch.11)Corporate M&ASolar + Storage$2.49B3,000 MW
Apr 5LenderWake Wind Energy CenterConstruction loanWind257.3 MW
May 15LenderBuckeye Wind Energy CenterConstruction debt and tax equityWind200.5 MW
Nov 24LenderRattlesnake DenConstruction loan and tax equityWind207.2 MW
Nov 12LenderPattern Panhandle Wind 2Construction financingWind181.7 MW
Feb 12LenderRoute 66 Wind PlantProject financingWind$206M150 MW
Jul 9LenderGoldthwaite Wind Energy FacilityConstruction loanWind150 MW
Jan 10LenderNaturEner Rim Rock EnergyConstruction loanWind$320M189 MW
Key People
Change of Control
1 joined1 departed
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