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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 (4)
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Dealflow: The Week in Deals
April 21 - 27
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Deal
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Size
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Tech
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Coles Wind — 300 MW wind farm, Coles County, Illinois (PJM/MISO)
Apex Clean Energy → Santander, J.P. Morgan
Project Finance
IL · ~$680M
Construction + term loan underwritten by Santander; J.P. Morgan as sole tax equity partner. Part of Apex's $2.79B in ...
POWER Magazine ↗
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300 MW
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Wind
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Hull Street Energy Partners III fund — power-sector transition platform (init...
Hull Street Energy → Institutional LPs (undisclosed)
Strategic & Growth Capital
Multi-state · ~$2.2B
Hull Street Energy closes third institutional fund at ~$2.2B targeting power-sector transition (gas peakers, renewabl...
Alternatives Watch ↗
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0 MW
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Hybrid
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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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T.J. Rodgers has joined as Chairman and Chief Executive Officer at SunPower (rebranded from Complete Solaria) (from Chairman and Chief Executive Officer, Complete Solaria).
Cypress Semiconductor founder Rodgers — who acquired the SunPower brand and certain assets out of bankruptcy in late 2024 — formally rebranded Complete Solaria to SunPower. The reborn SunPower is a leaner, dealer-network residential model under his control.
Press release ↗
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Michael Marek has joined as Partner, Corporate, Energy & Infrastructure at Kirkland & Ellis (from Partner, Vinson & Elkins).
Marek joined Kirkland from V&E in April — the second high-profile defection from V&E to Kirkland in 2025 (alongside John Decker), as Kirkland aggressively built out its energy & infrastructure transactional practice.
Press release ↗
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Sam Altman departed Oklo as Chairman.
OpenAI CEO Altman stepped down as Chairman of Oklo Inc. to remove conflicts of interest amid OpenAI's expanding nuclear power discussions. Oklo (NYSE: OKLO) was the first publicly traded SMR developer; Altman backed it through SPAC sponsor AltC.
Source ↗
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Emanuela Scura is the new Chief Operating Officer at Apterra Infrastructure Capital (from Partner, Head of Sustainable Investing, Lord Abbett).
Press release ↗
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View All Moves →
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