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DealFlow.energy
The market, summarized. Every Monday.
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In this issue:
Deals (3)
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Moves (9)
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Dealflow: The Week in Deals
January 27 - February 2
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Deal
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Size
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Tech
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Sunrun Bacchus Issuer 2025-1 — $629M securitization of 39,458 residential sol...
Sunrun → ATLAS SP Partners (structuring agent)
Corporate Debt & Capital Markets
Multi-state · $629M
Sunrun's 13th securitization and first of 2025. Second-largest in industry history. Three classes of A-rated notes ($...
Sunrun Investor Relations ↗
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0 MW
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Solar
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Cider Solar — 674 MWdc / 500 MWac utility-scale solar, Genesee County, New Yo...
Greenbacker Renewable Energy → MUFG, KeyBanc, ING, Intesa Sanpaolo, SocGen, Wells Fargo
Project Finance
NY · $950M
Aggregate $950M: $869M construction-to-term loan + tax equity bridge + LCs (6 CLAs) + $81M development loan from Voya...
GlobeNewswire ↗
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500 MW
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Solar
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590 MW solar portfolio: Cadence Solar (240 MW, OH), Trade Post Solar (200 MW,...
Invenergy → Natixis CIB, CIBC, Nomura, Rabobank, Wells Fargo
Project Finance
IN, OH, TN · $1.1B
Construction/bridge loan facility + letter of credit facility. Natixis as documentation agent, CIBC as admin agent, R...
Mercom Capital Group ↗
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590 MW
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Solar
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View Full Database →
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Change of Control: The Week in Talent
9 notable moves
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Jessica Geoffroy has been promoted to Chief Financial Officer at XPLR Infrastructure (formerly NextEra Energy Partners) (from NextEra Energy).
Named CFO alongside Alan Liu's CEO appointment as part of the partnership's rebranding and strategic repositioning away from NextEra Energy's direct management.
SEC filing ↗
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Ron Gusek has been promoted to Chief Executive Officer at Liberty Energy.
Gusek succeeded Chris Wright as CEO of Liberty Energy after Wright was confirmed as US Secretary of Energy. Had served as President since 2016.
Press release ↗
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Mads Nipper departed Ørsted as Group President and CEO.
Nipper led Ørsted since January 2021, growing renewable capacity from 11.3 GW to a projected 18.2 GW. His departure came amid challenging offshore wind market conditions including supply chain bottlenecks, rising interest rates, and a shifting US regulatory landscape.
Press release ↗
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Rasmus Errboe has been promoted to Group President and CEO at Ørsted.
Errboe replaced Mads Nipper (already in the database as move-2026-059) amid Orsted's $1.7B US impairment and 83% share price decline. He also served as interim Americas leader after David Hardy's departure.
Press release ↗
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Michele Di Murro has been promoted to CEO and Head of US and Canada at Enel North America.
Di Murro moves from CFO to CEO of Enel's North American operations. He joined the Enel Group in 2010 and held international roles including CFO of Enel's Colombian subsidiaries.
Press release ↗
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John Sneed is the new Director, Loan Programs Office (Acting) at U.S. Department of Energy (from Independent Consultant (previously Executive Director, Texas State Preservation Board; first-term Trump LPO Executive Director), John Sneed Consulting).
Sneed — who ran LPO during the first Trump administration — returned for a transitional 30-day appointment to oversee the handoff after Jigar Shah departed in January 2025.
Source ↗
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Dan Giemajner is the new Partner, Energy and Project Finance at King & Spalding (from Partner, Akin (formerly Akin Gump)).
K&S raided Akin for Giemajner and Hardwick in London to deepen its energy project finance bench. Giemajner advises on renewable energy, hydrogen, and nuclear project structuring and financing.
Press release ↗
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Matt Hardwick is the new Partner, Energy and Infrastructure Projects at King & Spalding (from Partner, Akin (formerly Akin Gump)).
Hardwick joined K&S alongside Giemajner from Akin, advising on design, construction and operation of high-value energy and infrastructure projects.
Press release ↗
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Laura Beane was appointed Board Chair at American Clean Power Association.
Beane, President of Vestas North America (overseeing 49+ GW installed and 43 GW under service), stepped into the ACP Board Chair role, reflecting the wind OEM's continued influence in US clean energy policy.
Trade assoc. ↗
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