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DealFlow.energy
The market, summarized. Every Monday.
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In this issue:
Deals (2)
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Moves (2)
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Dealflow: The Week in Deals
February 26 - March 3
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Deal
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Size
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Tech
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Cape Station Phase I + Phase II — 400 MW Enhanced Geothermal (EGS), Beaver Co...
Fervo Energy → Devon Energy (lead) + existing investors
Strategic & Growth Capital
UT · $244M
Strategic financing led by Devon Energy. Capital to accelerate Cape Station development. Combined with later 2025 fin...
Fervo Energy ↗
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400 MW
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Geothermal
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Bayou Galion Solar — 127 MWdc solar project, Northeast Louisiana
Recurrent Energy (Canadian Solar) → Microsoft
Project Finance
LA · $160M
Microsoft will purchase 100% of energy and RECs. Project financing for utility-scale solar in Louisiana.
Canadian Solar ↗
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127 MW
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Solar
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View Full Database →
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Change of Control: The Week in Talent
2 notable moves
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Vikas Anand has been promoted to Chief Executive Officer at Origis Energy.
Anand was elevated to CEO after joining as COO/CFO in August 2023. He previously spent 20 years at GE, culminating as CEO of GE Renewable Energy Onshore Wind Americas where he led $7.5B in revenues. Founder Guy Vanderhaegen moved to Executive Chairman.
Press release ↗
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Guy Vanderhaegen has been named Executive Chairman at Origis Energy (from Founder, CEO and President, Origis Energy).
Origis founder transitioned to Executive Chairman as the Antin Infrastructure Partners-backed developer professionalized its management with Anand's appointment.
Press release ↗
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View All Moves →
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