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DealFlow.energy
The market, summarized. Every Monday.
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In this issue:
Deals (1)
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Moves (4)
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Dealflow: The Week in Deals
January 29 - February 4
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Deal
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Size
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Tech
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Hornet Solar — 600 MWac (745 MWdc) utility-scale solar, Swisher County, Texas...
Vesper Energy → MUFG (lead), Nord/LB, Santander; Advantage Capital (PTC)
Project Finance
TX · $590M construction-to-term + $500M PTC purchase
$590M construction-to-term debt led by MUFG; Nord/LB and Santander as Mandated Lead Arrangers. $500M PTC purchase by ...
Vesper Energy ↗
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600 MW
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Solar
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View Full Database →
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Change of Control: The Week in Talent
4 notable moves
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Steve Berberich is the new President and Chief Executive Officer at Onward Energy (from President and CEO, Jamaica Public Service Company).
Former CAISO President and CEO (2011-2020) takes the helm of the 6.2 GW IPP backed by ArcLight Capital Partners. Succeeded retiring founder Steve Doyon.
Press release ↗
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Steve Doyon departed Onward Energy as President and Chief Executive Officer.
Doyon founded Novatus Energy and led the merger with Southwest Generation to create Onward Energy, retiring after the 6.2 GW IPP was on firm footing.
Press release ↗
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Jesse Campbell is the new Chief Financial Officer at Jupiter Power (from Executive Vice President and Corporate Controller, Invenergy).
New CFO at the EnCap-backed battery storage developer, which is developing 12,000+ MW of energy storage projects nationwide.
Press release ↗
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Joaquin Oliveira is the new Group Chief Executive Officer at Lightsource bp (from SVP, Finance for Gas & Low Carbon Energy, bp).
Oliveira was seconded from bp to lead Lightsource bp as Group CEO following bp's agreement to take full ownership of the 62 GW solar developer. The appointment came as part of the corporate restructuring around bp's full acquisition.
Press release ↗
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View All Moves →
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