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DealFlow.energy
The market, summarized. Every Monday.
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📊Deals This Week
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6 deals · 0.2 GW |
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October 9 - 15
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Deal
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Size
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Tech
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Mililani I Solar + Storage - 39 MW solar + 39 MW / 156 MWh BESS (4hr), Milila...
Clearway Energy Group → HECO
Utility PPA
HI
Oahu's first utility-scale solar+storage plant. $140M construction cost. PPA at $0.09/kWh. Selected as part of HECO's...
Clearway press release; Hawaii PUC Docket 2018-0430 ↗
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39 MW
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Solar + Storage
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Waiawa Solar + Storage - 36 MW solar + 36 MW / 144 MWh BESS (4hr), Waiawa, Ce...
Clearway Energy Group → HECO
Utility PPA
HI
Oahu's second utility-scale solar+storage. On 40-year lease from Kamehameha Schools in Central Oahu. Includes $200K+ ...
Clearway press release; Hawaii PUC Docket 2018-0433 ↗
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36 MW
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Solar + Storage
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West Oahu Solar + Storage - 12.5 MW solar + 12.5 MW / 50 MWh BESS (4hr), Kala...
AES Distributed Energy (AES Hawaii) → HECO
Utility PPA
HI
AES Hawaii's first solar+storage project in Hawaii. 25-year PPA at $0.115/kWh. 80 acres near University of Hawaii-Wes...
AES Hawaii; Honolulu Star-Advertiser; Hawaii PUC Docket 2018-0432 ↗
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12.5 MW
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Solar + Storage
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Hale Kuawehi Solar + Storage - 30 MW solar + 30 MW / 120 MWh BESS (4hr), Waim...
Innergex Renewable Energy → HECO (Hawaiian Electric Light Co / HELCO)
Utility PPA
HI
Located on historic Parker Ranch land near Waimea. Innergex closed $100M loan to finance the project. 25-year PPA wit...
Innergex; Energy-Storage.News; Hawaii PUC Docket 2018-0435 ↗
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30 MW
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Solar + Storage
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Waikoloa Solar + Storage - 30 MW solar + 30 MW / 120 MWh BESS (4hr), South Ko...
AES Distributed Energy (AES Hawaii) → HECO (HELCO)
Utility PPA
HI
Largest renewable project on Hawaii Island at COD. 25-year PPA at $0.09/kWh. 30 MWac/43 MWdc bifacial single-axis tra...
Hawaiian Electric press release; Hawaii PUC Docket 2018-0436 ↗
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30 MW
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Solar + Storage
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Kuihelani Solar + Storage Phase 1 - 60 MW solar + 60 MW / 240 MWh BESS (4hr),...
AES Distributed Energy (AES Hawaii) → HECO (MECO - Maui Electric)
Utility PPA
HI
Hawaii's largest solar facility (at COD). 25-year PPA at $0.08/kWh - one of the lowest in the state for renewable ene...
AES Hawaii; Hawaiian Electric press release; Hawaii PUC Docket 2018-0434 ↗
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60 MW
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Solar + Storage
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View Full Database →
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👥Change of Control
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8 executive moves |
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Top 5 of 8 this week.
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David Moon departed Energy Recovery, Inc. as President and Chief Executive Officer.
Moon notified Energy Recovery's board of his intent to retire upon appointment of a successor; he remains in seat during the search and will provide advisory support through the transition. Pairs with CFO Mike Mancini's same-day resignation (move-2026-246) - a tandem reset at the Tracy, CA pressure-exchanger maker as it pivots from desalination toward hydrogen, CO2 refrigeration and wastewater treatment.
Press release ↗
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Mike Mancini departed Energy Recovery, Inc. as Chief Financial Officer.
Mancini steps down as CFO of Energy Recovery (NASDAQ: ERII) effective immediately, with the 8-K explicitly noting no disagreement with the company. Departure pairs with CEO David Moon's announced retirement intent — a tandem leadership reset at the Tracy, CA pressure-exchanger maker as it pivots into hydrogen, CO2 refrigeration, and wastewater-treatment crossovers.
SEC filing ↗
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Aidan Ryan has stepped into the role of Interim Chief Financial Officer at Energy Recovery, Inc. (from Vice President of Finance, Energy Recovery, Inc.).
Ryan, 42, slides up from VP of Finance to Interim CFO at Energy Recovery — a fast-track for someone who joined only two years ago from Astranis Space Technologies (head of finance there). Compensation: $327,600 base, $12K/month interim stipend, $215K RSU grant. Wharton MBA / Michigan undergrad — likely a stalking-horse for the permanent role as the company runs a parallel CEO search.
SEC filing ↗
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Amanuel Haile-Mariam has been named Senior Managing Director and Co-Chief Investment Officer at HA Sustainable Infrastructure Capital (from Senior Managing Director, Grid-Connected Investments, HA Sustainable Infrastructure Capital).
Haile-Mariam was the architect of HASI's $1.2B Sunzia transmission investment and grew the grid-connected book since joining in 2021. Promotion to co-CIO (paired with Reynolds) formalizes a split investment-leadership structure at the NYSE-listed sustainable-infra investor as it leans further into transmission and behind-the-meter alongside its core grid-scale solar and wind portfolio.
Press release ↗
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Annmarie Reynolds has been named Senior Managing Director and Co-Chief Investment Officer at HA Sustainable Infrastructure Capital (from Senior Managing Director, Fuels, Transport and Nature Investments, HA Sustainable Infrastructure Capital).
Reynolds built HASI's Fuels, Transport and Nature investment business from scratch starting in 2022 (RNG, transport-fuel infrastructure, nature-based assets). Her co-CIO appointment signals HASI's ambition to keep diversifying beyond grid-scale solar and wind as renewable tax-credit policy uncertainty pushes lenders to widen the addressable book.
Press release ↗
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+ 3 more moves this week →
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