NewQ1 2026 Clean Energy Deal Intelligence Report is live
Legal Counsel

Vinson & Elkins

Track

29

Deals Tracked

$41.87B

Deal Value

26,068MW

Total Capacity

5

Executive Moves

Solar + Storage

Top Technology

Deal Activity

Apr 2CounselBriscoe Wind Farm — 150 MW operating wind, West TexasProject & Portfolio M&AWind$53M150 MW
Mar 11CounselSteel River Solar & Storage — 2,450 MWdc solar + 2,900 MWh battery storage, ArkansasProject & Portfolio M&ASolar2,450 MW
Mar 9CounselTAKKION — integrated renewable energy services platform (wind O&M, construction, logistics, transportation)Corporate M&AOther
Feb 18CounselCorporate financing — energy storage technologyCorporate M&ABESS$150M
Jan 20Counsel214 MW distributed solar portfolio — 106 projectsProject FinanceSolar$355M214 MW
Dec 10CounselCape Station EGS development (Phase I 100 MW + Phase II 400 MW) + broader Fervo development pipelineStrategic & Growth CapitalGeothermal$462M500 MW
Oct 2CounselNextEra's Distributed Generation platform — 900+ MW operating solar/storage + 1 GW+ pipeline across 25 statesProject & Portfolio M&ASolar900 MW
Jul 22CounselFrye Solar (632 MW TX) + Jicarilla Solar (125 MW NM) + 20 MW co-located BESS — Repsol US operating renewables (46.3% stake)Project & Portfolio M&ASolar + Storage$340M777 MW
Jan 15CounselOrigis Energy — $1B+ strategic investment in US solar and storage developer with 1 GW operating, 3 GW construction-ready, 25 GW pipelineCorporate M&ASolar + Storage$1.00B4,000 MW
Dec 16CounselPattern Energy Group LP — 5.6 GW developed (incl. SunZia 3.5 GW transmission/wind) + significant US/Canada wind/solar/transmission portfolioStrategic & Growth CapitalSolar + Storage5,600 MW
Aug 5CounselCogentrix Energy — 5,300 MW (11 natural gas plants) across PJM, ERCOT, ISO-NEProject & Portfolio M&ANatural Gas$3.00B5,300 MW
Mar 14CounselØrsted US onshore wind portfolio — Ford Ridge (IL), Helena Wind & Western Trail Wind (TX), Sunflower Wind (KS) — 957 MWProject & Portfolio M&AWind$300M957 MW
Feb 29CounselCape Station Phase I + Phase II — 400 MW Enhanced Geothermal (EGS), Beaver County, UtahStrategic & Growth CapitalGeothermal$244M400 MW
Feb 22CounselCoastal Virginia Offshore Wind (CVOW) — 2,600 MW offshore wind, 27 miles off Virginia Beach, Virginia (PJM) — 50% noncontrolling stakeProject & Portfolio M&AOffshore Wind$2.60B2,600 MW
Nov 2CounselDenbury Inc. — 1,300-mile CO2 pipeline network (largest in US) + EOR oilfields in TX, LA, MSCorporate M&ACarbon Capture & DAC$4.90B
Aug 1CounselDouble Black Diamond Solar (800 MWdc, Illinois)Project FinanceSolar$1.22B800 MW
Nov 3CounselAspen Power Partners — community/C&I/multifamily solar+storage platform; bolt-on of Safari Energy (220 MW DG portfolio from PPL Corp)Strategic & Growth CapitalSolar + Storage$350M220 MW
Sep 29CounselScout Clean Energy — wind, solar, BESS developer; 1.2 GW operating + 22.7 GW pipelineProject & Portfolio M&ASolar + Storage$1.00B1,200 MW
Dec 8CounselSolid Power — all-solid-state battery (sulfide solid electrolyte technology); 50-75% energy density increase vs Li-ionSPAC MergerBESS$1.20B
Aug 26CounselVolta Inc. — commerce-centric EV charging network (1,700+ chargers, 24 territories)SPAC MergerEV$1.40B
Jul 16CounselHyzon Motors — hydrogen fuel cell heavy commercial trucks (refuse, prime movers)SPAC MergerHydrogen$2.70B
Jul 9CounselSunlight Financial — residential solar/home improvement point-of-sale financing platformSPAC MergerSolar$1.30B
Jul 1CounselEVgo — largest US public DC fast charging network (800+ locations, 34 states, 220K+ customer accounts)SPAC MergerEV$2.60B
May 6CounselLion Electric — Class 5-8 EV trucks + e-busesCorporate M&ABESS$500M
Feb 26CounselChargePoint — largest US EV charging networkCorporate M&AOther$2.40B
Oct 28CounselFisker Inc. — EV maker (Fisker Ocean SUV)Corporate M&ABESS$2.90B
Oct 1CounselHyliion — electrified powertrains for commercial fleetsCorporate M&AOther$1.50B
Oct 8CounselGE Capital Energy Financial Services portfolio — ~20 equity investments (renewables, gas, midstream)Corporate M&ASolar + Storage$1.00B
Jan 25CounselWGL Holdings — Washington Gas Light + non-regulated power/marketing/midstreamCorporate M&ANatural Gas$8.40B

Key People

Change of Control

3 joined2 departed
Feb 13New Hire
Melissa Raciti-Knapp→ Partner, Finance
from FreshfieldsSource →
Nov 6New Hire
Samara Shepherd→ Partner, Investment Funds
from Kirkland & EllisSource →
Nov 6New Hire
Chris Bennett→ Partner, Corporate/Energy
from Weil Gotshal & MangesSource →
Oct 7New Hire
Laura V. Swett← was Energy Litigation Partner
to Federal Energy Regulatory CommissionSource →
Jan 1New Hire
Stephen Gill← was Co-Leader, Corporate Group and Strategic M&A Practice
to Skadden, Arps, Slate, Meagher & FlomSource →

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