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DealFlow.energy
The market, summarized. Every Monday.
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📊Deals This Week
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6 deals · $614M · 0.8 GW |
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October 22 - 28
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Deal
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Size
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Tech
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RE Tranquillity
Canadian Solar / Recurrent Energy → PKA
Passive equity stake sale
CA · $307M
Danish pension fund PKA acquired Canadian Solar's 49% passive equity stake in the Garland and Tranquillity solar faci...
pv magazine USA ↗
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277.3 MW
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Hybrid
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RE Garland
Canadian Solar / Recurrent Energy → PKA
Passive equity stake sale
CA · $307M
Danish pension fund PKA acquired Canadian Solar's 49% passive equity stake in the Garland and Tranquillity solar faci...
pv magazine USA ↗
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273.1 MW
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Hybrid
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Lily Solar
NARENCO → X-ELIO
Project acquisition
SC
X-ELIO acquired the 103 MW Lily Solar project in Allendale County, South Carolina from the US National Renewable Ener...
pv magazine USA ↗
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70 MW
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Solar
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Lily Solar
X-ELIO → South Carolina Electric & Gas
Utility offtake agreement
SC
The Lily Solar project operates under a 20-year power purchase agreement with South Carolina Electric & Gas.
pv magazine USA ↗
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70 MW
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Solar
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Lamesa II
OCI Solar Power → CPS Energy
Municipal PPA
TX
Project Ivory (formerly Lamesa II) was developed under a 25-year facility power purchase agreement with CPS Energy of...
Marathon Capital press release ↗
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50 MW
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Solar
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Lamesa II
OCI Solar Power → D. E. Shaw Renewable Investments
Project acquisition
TX
Marathon Capital announced the sale of OCI Solar Power's 66 MWdc Project Ivory (Lamesa II) solar project in Dawson Co...
Marathon Capital press release ↗
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50 MW
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Solar
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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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Michael A. Brown is the new Senior Vice President, General Counsel and Corporate Secretary at Clearway Energy, Inc. (from Vice President, Assistant General Counsel and Corporate Secretary, The New York Times Company).
Clearway Energy — one of the largest US clean-energy generation owners, with assets across 27 states — brought back a former in-house lawyer to take its top legal seat, succeeding retiring GC Kevin Malcarney. Brown returns from The New York Times Company, where he was assistant GC, after an earlier 2014-2021 stint at Clearway and NRG Yield.
SEC filing ↗
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Jing Nealis is the new Chief Financial Officer at NeoVolta Inc. (from Chief Financial Officer, SES AI Corporation).
NeoVolta, a San Diego-based battery-storage maker, hired Jing Nealis as CFO from EV-battery firm SES AI as it stands up domestic BESS manufacturing in Georgia (2 GWh initial capacity, targeting 8 GWh). She brings 20-plus years of energy-transition and manufacturing finance experience to the residential-to-utility/C&I expansion.
SEC filing ↗
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Ravi Abbineni is the new Chief Financial Officer at ION Storage Systems (from Senior Vice President and CFO, JM Family Enterprises).
Maryland-based solid-state battery developer ION Storage Systems hired a finance chief from large privately-held JM Family Enterprises, signaling a push toward commercial scale-up of its solid-state cell technology.
Press release ↗
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Steve Bond has been named Executive Vice President and President at NeoVolta Power LLC (from Chief Financial Officer, NeoVolta Inc.).
In the same announcement that named Jing Nealis CFO, NeoVolta's outgoing finance chief Steve Bond shifted to EVP and President of operating subsidiary NeoVolta Power LLC, taking direct charge of the company's Georgia battery-manufacturing buildout — a CFO-to-operations move that freed the finance seat.
SEC filing ↗
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Robert Vinje is the new Chief Operating Officer at Nextpower (from Chief Operating Officer, SOLARCYCLE).
Nextpower (the solar-tracker maker that rebranded from Nextracker in Nov 2025) hired SOLARCYCLE COO Robert Vinje as its COO — a SunPower and Amazon energy-operations veteran. Comp: $475K base, 70% target bonus from FY27, $4M FY27 equity award, $250K sign-on cash.
SEC filing ↗
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+ 3 more moves this week →
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