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DealFlow.energy
The market, summarized. Every Monday.
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📊Deals This Week
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4 deals · 0.6 GW |
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May 15 - 21
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Deal
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Size
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Tech
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Revolution Wind (RI portion) — 400 MW offshore wind, Rhode Island (ISO-NE)
Ørsted + Eversource → Narragansett Electric (RI EDC)
Power Purchase & Offtake
RI
RI portion of Revolution Wind (CT portion separate ppa-2018-XXX). 2019 award.
Press archive ↗
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400 MW
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Offshore Wind
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AMEA Alabama Solar — 100 MW solar, Alabama
Lightsource bp → Alabama Municipal Electric Authority (AMEA)
Power Purchase & Offtake
AL
AMEA's first major solar PPA.
Press archive ↗
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100 MW
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Solar
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Mesquite Star Wind Farm (Ecolab tranche), 100 MW (COD 2020).
Clearway Energy Group → Ecolab
Corporate VPPA
TX
Ecolab 100 MW VPPA on Mesquite Star Wind. Aggregated with Lowe's, Cisco, Intuit, Brown. Covers 100% of Ecolab North A...
Clearway Energy press release ↗
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100 MW
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Wind
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Mesquite Star Wind Farm (Intuit tranche), 10 MW (COD 2020).
Clearway Energy Group → Intuit
Corporate VPPA
TX
Intuit ~10 MW VPPA tranche on Mesquite Star Wind. Combined with Cisco's 10 MW (~20 MW total advised by SR Inc). Drove...
Sustainability Roundtable ↗
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10 MW
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Wind
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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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Anthony Carroll is the new President and Chief Executive Officer at FTC Solar, Inc. (from Chief Executive Officer, Veev (Lennar subsidiary)).
Carroll takes the helm at NASDAQ-listed solar tracker maker FTC Solar (FTCI), succeeding Yann Brandt. He arrives from Veev (a Lennar sustainable-homebuilding subsidiary) and previously ran Powin's battery storage business and a Siemens Gamesa managing director seat — a packaging of utility-scale storage and solar-supply-chain operating chops at a tracker maker still working to stabilize margins amid the polysilicon and tariff cycle.
Press release ↗
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Vijay Singh is the new Chief Executive Officer at Greenskies Clean Focus (from Senior executive leading energy storage business build-out, NextEra Energy Resources).
Singh takes the helm at Greenskies Clean Focus (North Haven, CT C&I solar developer) succeeding Stanley Chin, with a stated mandate to scale solar growth and stand up a storage business as federal tax credits phase out. Singh previously launched and grew the NextEra Energy Resources energy storage group into a multibillion-dollar franchise — a hire that points squarely at solar-plus-storage as Greenskies' next phase.
Trade pub ↗
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Yann Brandt departed FTC Solar, Inc. as President and Chief Executive Officer.
Long-time solar industry voice and former SolarWakeup co-host Brandt steps down as FTC Solar CEO after stabilizing the tracker business through industry headwinds. Anthony Carroll succeeds him effective April 29. With FTCI now restored to a steady-state operating posture, Brandt will likely surface next at another solar growth-stage platform; the SolarWakeup network keeps him highly visible in the industry talent market.
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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+ 3 more moves this week →
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