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DealFlow.energy
The market, summarized. Every Monday.
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📊Deals This Week
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5 deals · $940M · 0.7 GW |
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May 26 - June 1
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Deal
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Size
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Tech
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Aratina Solar Center 1B
Avantus → Bank syndicate
Construction financing
CA · $500M
Avantus closed more than $500 million in construction funding, a tax equity bridge loan and letters of credit for the...
Avantus press release ↗
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325 MW
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Hybrid
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Gonzaga Ridge Wind Farm
Scout Clean Energy → KeyBanc Capital Markets
Construction loan
CA · $280M
KeyBanc Capital Markets closed $280 million of senior secured credit facilities, including a construction loan, for t...
KeyBanc Capital Markets ↗
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132.8 MW
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Wind
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Lost Lakes Wind Farm
EDP Renewables → Tennessee Valley Authority
Utility PPA
IA
Power generated by the Lost Lakes Wind Farm is sold to the Tennessee Valley Authority under a long-term power purchas...
EDP Renewables fact sheet ↗
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100 MW
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Wind
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Heirloom Solar
Arevon Energy → Fifth Third Bank
Tax equity
IN · $98M
Arevon secured a $98 million tax equity commitment from Fifth Third Bank for its Ratts 1 and Heirloom Solar projects ...
PR Newswire (Arevon Energy press release) ↗
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60 MW
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Solar
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Arrowleaf Solar and Storage
Ormat Technologies → Morgan Stanley Renewables
Tax equity
CA · $62M
Ormat announced a $62 million hybrid tax equity partnership with Morgan Stanley Renewables covering the Arrowleaf and...
Ormat Technologies press release ↗
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77 MW
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Hybrid
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View Full Database →
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👥Change of Control
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2 executive moves |
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2 notable moves this week.
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Regina J. Elbert has been promoted to SVP, Chief Legal and Human Resources Officer at Dominion Energy (from SVP, Chief Human Resources Officer, Dominion Energy).
Elbert's expanded portfolio at Dominion Energy, combining legal and HR functions, comes amid the utility's massive capital plan for clean energy and offshore wind.
SEC filing ↗
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Kevin Olson has been named Chief Financial Officer at Scout Clean Energy (from Senior Vice President, Project Finance, Scout Clean Energy).
New CFO at Scout Clean Energy (Brookfield portfolio company) as the developer scales its 19 GW pipeline across wind, solar, and storage in 24 states.
Press release ↗
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View All Moves →
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