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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 (3)
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Dealflow: The Week in Deals
April 29 - May 5
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Deal
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Size
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Tech
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Lone Star Solar + BESS — 108 MWdc solar + 198 MWh battery storage, Texas (ERCOT)
energyRe → Multiple debt + tax equity
Project Finance
TX · $240M ($155M project + $85M tax equity)
$155M project finance + $85M tax equity commitment. energyRe's first major Texas project to reach financial close.
energyRe ↗
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108 MW
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Solar + Storage
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Wind repowers — Community Wind South (30 MW, MN), Elk (42.5 MW, IA), Hawkeye ...
Greenbacker Renewable Energy Company → BayernLB, Huntington National Bank
Project Finance
IA, MN · $437M
First wind repowers to leverage IRA domestic content bonus (additional 10% ITC). BayernLB: $81.5M construction bridge...
Greenbacker Renewable Energy ↗
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110 MW
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Wind
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View Full Database →
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Change of Control: The Week in Talent
3 notable moves
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Xinbo Zhu has been promoted to Senior Vice President and Chief Financial Officer at Canadian Solar (from Chief Supply and Risk Officer, Recurrent Energy).
Zhu replaced Huifeng Chang, who moved to Chief Strategy Officer after serving as CFO since 2016. Part of broader leadership restructuring at Canadian Solar/Recurrent Energy.
Press release ↗
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Huifeng Chang has been named Senior Vice President and Chief Strategy Officer at Canadian Solar (from Senior Vice President and Chief Financial Officer, Canadian Solar).
Chang transitioned from CFO (held since 2016) to CSO as part of Canadian Solar's executive restructuring. He continues as a board director.
Press release ↗
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Craig Cornelius is the new Chief Executive Officer at Clearway Energy (from President and CEO, Clearway Energy Group).
Source ↗
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View All Moves →
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