|
Forwarded? Subscribe free — 250+ pros do.
|
DealFlow.energy
The market, summarized. Every Monday.
|
|
|
|
📊Deals This Week
|
1 deal · 0.0 GW |
|
|
November 14 - 20
|
|
Deal
|
Size
|
Tech
|
|
Caprock Wind — Wind project, OK (Other). MW not publicly disclosed.
Caprock Wind LLC → Western Farmers Electric Co-operative
Power Purchase & Offtake
OK
Utility-side renewable PPA discovered via FERC EQR (contract C1). Signed 2023-11-16. COD 2023-11-16. Term ends 2048-1...
FERC EQR (PUDL) ↗
|
0 MW
|
Wind
|
|
|
View Full Database →
|
|
👥Change of Control
|
7 executive moves |
|
|
7 notable moves this week.
|
|
Andrew Brown has stepped into the role of Interim Chief Operating Officer at Ørsted (from Former Chief Executive Officer, Galp Energia).
Board director Brown — former Galp CEO, ex-Shell executive — named interim COO during Q4 2023 offshore wind crisis when Ørsted took $4B+ impairment on Sunrise/Ocean Wind. Handed off to Patrick Harnett March 2024.
Press release ↗
|
|
Lawrence Coben has stepped into the role of Interim President and Chief Executive Officer at NRG Energy (from Chair of the Board, NRG Energy).
Board Chair Coben (since 2017) named interim CEO upon Mauricio Gutierrez's departure. Move came amid Elliott Investment Management activism; Elliott had disclosed >13% economic stake and called for boardroom overhaul.
Press release ↗
|
|
Mauricio Gutierrez departed NRG Energy as President and Chief Executive Officer.
CEO since 2015 departed amid Elliott activist pressure. Elliott called the $2.8B Vivint Smart Home acquisition "the single worst deal in the power and utilities sector in the past decade" and pushed for Gutierrez's ouster.
Press release ↗
|
|
Marwan Fawaz was appointed Director at NRG Energy (from Former Executive, Google/Alphabet).
Former Google/Alphabet executive joined NRG board as part of cooperation agreement with activist Elliott Investment.
Press release ↗
|
|
Kevin Howell was appointed Director at NRG Energy (from Former Chief Operating Officer, Dynegy).
Former Dynegy COO joined NRG board as part of activist-driven governance overhaul.
Press release ↗
|
|
Alex Pourbaix was appointed Director at NRG Energy (from Executive Chair and Former CEO, Cenovus Energy).
Cenovus Energy Executive Chair joined NRG board as Elliott-backed independent director.
Press release ↗
|
|
Marcie Zlotnik was appointed Director at NRG Energy (from Co-Founder, StarTex Power).
StarTex Power co-founder joined NRG board as the fourth Elliott-backed director appointment.
Press release ↗
|
|
|
View All Moves →
|
|
Know someone who changed seats? Send us a tip — we cover C-suite, MD, and partner-level moves across clean energy development, project finance, and law.
|
|
Know someone who’d find this useful?
Forward this email to a colleague in clean energy finance. Help them stay ahead of the market.
|
|
|
|
← Previous edition · Read all past issues
DealFlow.energy — Clean energy transaction intelligence
Website
·
Submit a Deal
·
Unsubscribe
|