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DealFlow.energy
The market, summarized. Every Monday.
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📊Deals This Week
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3 deals · $425M · 0.2 GW |
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November 28 - December 4
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Deal
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Size
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Tech
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Ultium Cells Spring Hill battery cell plant expansion — capacity boost from 3...
Ultium Cells LLC (GM + LG Energy Solution JV) → Ultium Cells
Manufacturing Investment
TN · $275M (additional, on top of $2.3B base — total $2.575B)
Ultium Cells announces $275M expansion of Spring Hill TN battery cell plant — capacity from 35 GWh to 50 GWh (+40%). ...
Tennessee Department of Economic & Community Development ↗
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0 MW
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Battery Storage
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Bellflower Solar — 152.5 MW, Henry/Rush Counties IN
Lightsource bp → Verizon Communications
Power Purchase Agreement
IN
Verizon + Lightsource bp Bellflower Solar (152.5 MW, Henry/Rush Counties IN) reaches commercial operations late 2022....
bp ↗
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152 MW
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Solar
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HALEU production cascade — 16 AC100M centrifuges at Piketon, OH
American Centrifuge Operating LLC / Centrus Energy → U.S. Department of Energy
Project Finance
OH · ~$150M Phase I (multi-year three-phase contract)
DOE awards Centrus three-phase HALEU contract — Phase I ~$150M for first US HALEU production cascade (Piketon OH). Ph...
Centrus Energy ↗
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0 MW
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Nuclear
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View Full Database →
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👥Change of Control
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2 executive moves |
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2 notable moves this week.
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Hunter Armistead has been named Chief Executive Officer at Pattern Energy (from Chief Development Officer, Pattern Energy).
Co-founder and CDO Armistead succeeds founding CEO Mike Garland after 13-year tenure. Armistead co-founded Pattern with Garland in 2009; brings 30 years of energy experience including Conoco-Phillips, Edison Mission Energy, and Babcock & Brown.
Press release ↗
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Mike Garland departed Pattern Energy as Chief Executive Officer.
Founding CEO retires after 13-year tenure leading Pattern from a startup to one of the largest US wind developers. Co-founder Hunter Armistead (former CDO) succeeded him as CEO.
Press release ↗
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View All Moves →
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