|
Was this forwarded to you? Subscribe here — it’s free, every Monday. Join 250+ professionals.
|
DealFlow.energy
The market, summarized. Every Monday.
|
|
20
Deals
|
6,415
MW
|
13
Moves
|
|
|
In this issue:
Deals (20)
·
Moves (13)
|
Dealflow: The Week in Deals
April 6 - 12
|
|
Deal
|
Size
|
Tech
|
|
Elevate Renewables $50M Rabobank Energy Transition Supplier Finance Facility ...
Elevate Renewables → Rabobank
Project Finance
VA · $50,000,000
Rabobank sole-arranged a $50M Energy Transition Supplier Finance Facility for Elevate Renewables (ArcLight Capital po...
PR Newswire ↗
|
150 MW
|
Battery Storage
|
|
Critical Loop $26M Series A — modular BESS + software microgrid platform, tot...
Critical Loop → Conifer Infrastructure Partners
Strategic & Growth Capital
CA · $26,000,000
Critical Loop raises $26M Series A led by Conifer Infrastructure Partners and Hanover, bringing total committed capit...
Business Wire ↗
|
null MW
|
Battery Storage
|
|
XPLR Infrastructure $232M Limited-Recourse Term Loan — battery storage JV por...
XPLR Infrastructure LP (formerly NextEra Energy Partners) → Undisclosed lenders (limited-recourse senior secured)
Project Finance
Multi-state · $232,000,000
XPLR Infrastructure (NYSE: XIFR) indirect subsidiaries enter into a $232M limited-recourse senior secured variable ra...
StockTitan ↗
|
200 MW
|
Battery Storage
|
|
Mortenson acquires Nor-Cal Controls — US solar commissioning and controls ser...
Nor-Cal Controls → Mortenson
Corporate M&A
Multi-state
Mortenson, a top US solar EPC contractor, acquires Nor-Cal Controls, a solar commissioning and controls services prov...
Solar Power World ↗
|
null MW
|
Solar
|
|
JPMorganChase–Graphyte carbon removal agreement — 60,000 tons over 10 years, ...
Graphyte → JPMorganChase
Power Purchase & Offtake
AR
JPMorganChase enters a 10-year, 60,000-ton carbon removal offtake with Graphyte, a startup that compresses agricultur...
Graphyte Company Announcement ↗
|
null MW
|
Carbon Capture & DAC
|
|
One Carbon Partnership (OCP) CCS — first Indiana EPA Class VI CCS permit, Car...
Vault 44.01 → Grey Rock Investment Partners
Project & Portfolio M&A
IN · 0,000,000+
Vault 44.01 and Cardinal Ethanol receive the first EPA Class VI underground injection permit for a CCS project in Ind...
PR Newswire ↗
|
null MW
|
Carbon Capture & DAC
|
|
Chalan Solar + Storage — 65 MWac solar + 25 MW / 100 MWh BESS, Kern County, C...
Origis Energy → RBC Community Investments (tax equity)
Tax Equity & Tax Credits
CA · $118M
Origis Energy closes $118 million tax equity commitment from RBC Community Investments for the Chalan Solar + Storage...
PR Newswire ↗
|
90 MW
|
Solar + Storage
|
|
GridStor Hidden Lakes Reliability Project — 220 MW / 440 MWh BESS, Galveston ...
GridStor (Goldman Sachs Asset Management) → Axpo U.S.
Power Purchase & Offtake
TX
GridStor and Axpo U.S. executed an energy storage revenue swap agreement covering 100 MW of the 220 MW / 440 MWh Hidd...
BusinessWire ↗
|
220 MW
|
Battery Storage
|
|
Lion Energy equity stake + LFP cell supply agreement in American Battery Fact...
American Battery Factory (ABF) → Lion Energy (being acquired by Aqua Metals / NASDAQ: AQMS)
Strategic & Growth Capital
AZ
Lion Energy (being acquired by Aqua Metals) takes an undisclosed equity stake in American Battery Factory and signs a...
BusinessWire ↗
|
null MW
|
Battery Storage
|
|
Xcel Energy CapacityConnect Phase 2 — 50–200 MW utility-owned battery storage...
Xcel Energy
Regulatory & Permits
MN · $430M
Minnesota Public Utilities Commission approved Xcel Energy's CapacityConnect Phase 2 program for 50–200 MW of utility...
pv magazine USA ↗
|
200 MW
|
Battery Storage
|
|
Heelstone — Alligator Creek Solar (104 MW, Wheeler County GA) + Murch Solar (...
Heelstone Renewable Energy (a Qualitas Energy company) → Unnamed US hyperscale data center developer (long-term PPA)
Project Finance
GA, MI
Heelstone Renewable Energy (a Qualitas Energy company) achieves financial close and commences construction on two US ...
GlobeNewswire ↗
|
206 MW
|
Solar
|
|
XPLR Infrastructure $300M At-the-Market (ATM) Equity Program — common unit is...
XPLR Infrastructure, LP (NYSE: XIFR) → Barclays Capital Inc., KeyBanc Capital Markets Inc., Scotia Capital (USA) Inc. (distribution agents)
Corporate Debt & Capital Markets
FL · Up to $300,000,000
XPLR Infrastructure, LP (formerly NextEra Energy Partners, NYSE: XIFR) enters into a Distribution Agency Agreement wi...
SEC EDGAR 8-K ↗
|
null MW
|
Other
|
|
Fervo Energy / Turboden 1.7 GW Geothermal ORC Turbine Supply Framework Agreem...
Fervo Energy
Power Purchase & Offtake
UT
Fervo Energy and Turboden America LLC (Mitsubishi Heavy Industries subsidiary) signed a three-year turbine supply fra...
BusinessWire ↗
|
1.8 GW
|
Geothermal
|
|
ArcLight Capital Partners Infrastructure Fund VIII — $3.9B Final Close (30% a...
ArcLight Capital Partners
Strategic & Growth Capital
Multi-state · $3,900,000,000
ArcLight Capital Partners closes Infrastructure Fund VIII at $3.9 billion, exceeding its $3.0 billion target by 30%. ...
PR Newswire ↗
|
null MW
|
Other
|
|
ArcLight Infrastructure Partners Fund VIII — $3.9B final close (exceeded $3.0...
ArcLight Capital Partners
Strategic & Growth Capital
Multi-state · $3,900,000,000
ArcLight Capital Partners closed its eighth infrastructure fund at $3.9B, exceeding the $3.0B target by 30%. Fund VII...
PR Newswire ↗
|
null MW
|
Hybrid
|
|
Conduit Power ERCOT Distributed Generation Portfolio — $200M equipment financ...
Conduit Power → Eldridge Capital Management
Project Finance
TX · $200,000,000
Conduit Power and Eldridge Capital Management announced a $200M master equipment lease / equipment financing facility...
BusinessWire ↗
|
200 MW
|
Hybrid
|
|
Georgia Power Customer Identified Resource (CIR) Program — up to 3,000 MW cle...
Third-party renewable developers → Georgia Power (Southern Company)
Regulatory & Permits
GA
The Georgia Public Service Commission approved Georgia Power's Customer Identified Resource (CIR) program on April 7,...
Utility Dive ↗
|
3.0 GW
|
Hybrid
|
|
Agricola Wind — 99 MW wind, Towns of Scipio and Venice, Cayuga County NY — NY...
Liberty Renewables
Regulatory & Permits
NY
New York Office of Renewable Energy Siting (ORES) issues final siting permit for Liberty Renewables' 99 MW Agricola W...
Renewable Energy Magazine ↗
|
99 MW
|
Wind
|
|
Flat Creek Solar — 300 MW solar, Towns of Canajoharie and Root, Montgomery Co...
Cordelio Power
Regulatory & Permits
NY
New York ORES issues final siting permit for Cordelio Power's 300 MW Flat Creek Solar project in Montgomery County un...
Renewable Energy Magazine ↗
|
300 MW
|
Solar
|
|
EnergySolutions (nuclear services — waste management, transportation, process...
TriArtisan Capital Advisors → Energy Capital Partners (ECP)
Corporate M&A
UT · ~$2,000,000,000
Energy Capital Partners (ECP) signed a definitive agreement April 6, 2026 to acquire EnergySolutions from TriArtisan ...
BusinessWire ↗
|
null MW
|
Nuclear
|
|
|
View Full Database →
|
|
Change of Control: The Week in Talent
13 notable moves
|
|
Donald A. Moul departed Tennessee Valley Authority (TVA) as President and Chief Executive Officer.
Moul notifies TVA's board of his intent to retire effective July 1, 2026. TVA, the nation's largest public power company serving 153 utilities across 7 states, is in the midst of a major portfolio transition including nuclear life extensions, SMR development, and renewable energy integration. No successor named in the SEC filing.
SEC filing ↗
|
|
Jim Murphy has been promoted to Chief Executive Officer at Invenergy (from Co-Founder and President, Invenergy).
Murphy, Invenergy co-founder, steps up from President to CEO as North America's largest privately held IPP (220+ projects, 38 GW developed since 2001) formalizes succession. The leadership restructuring positions Invenergy to expand aggressively into natural gas peakers and AI data center power demand.
Press release ↗
|
|
Michael Polsky has joined as Executive Chairman at Invenergy (from Founder and Chief Executive Officer, Invenergy).
Polsky, who built Invenergy from a single wind farm to $75B+ in capital deployed, steps back from day-to-day operations to Executive Chairman — 35 years as business partners with Murphy signals an orderly succession, retaining Polsky's strategic influence over the board.
Press release ↗
|
|
Jim Shield has been promoted to President, Invenergy Power at Invenergy (from Chief Commercial Officer, Invenergy).
Shield's elevation to President of Invenergy Power — the firm's natural gas and data center development unit — signals Invenergy's strategic pivot to capture AI-driven power demand. Shield previously led Calpine's 12 GW eastern gas fleet before joining Invenergy.
Press release ↗
|
|
Pat Schweiger departed Oklo Inc. as Chief Technology Officer.
Schweiger transitions from CTO to Senior Technical Advisor at Oklo concurrent with the addition of four new board directors; the CTO step-down suggests a transition from R&D-phase to commercial-execution leadership as the company advances toward its first Natrium reactor construction.
SEC filing ↗
|
|
Scott T. DeGhetto departed Hawaiian Electric Industries as Executive Vice President and Chief Financial Officer.
DeGhetto departs Hawaiian Electric as the utility manages post-Maui wildfire balance sheet restructuring; HEI disclosed a $200K/month consulting arrangement through April 2027 focused on debt/equity financing and corporate dispositions, suggesting continued reliance on his capital markets expertise during ongoing transactions.
SEC filing ↗
|
|
E. Spencer Abraham departed NRG Energy as Board of Directors Member.
Abraham, a former US Secretary of Energy (George W. Bush administration), resigns from NRG Energy's board effective April 3 — having already indicated he would not stand for re-election at the April 30 annual meeting. His departure marks the end of a significant policy-credentialing tenure on one of the largest US power companies' board.
SEC filing ↗
|
|
Todd Fryatt was appointed Board of Directors Member at SEIA (from CEO and Founder, ECA Solar).
Fryatt founded ECA Solar in 2014; the distributed solar developer manages 200+ projects across the Midwest and Mid-Atlantic with 1.3 GW in pipeline. His SEIA board appointment arrives as several states advance expanded distributed solar legislation.
Trade assoc. ↗
|
|
Dr. Mark Peters was appointed Independent Director at Oklo Inc. (from President and CEO, MITRE Corporation).
Peters -- former Director of Idaho National Laboratory, the primary US nuclear energy research lab -- joins Oklo as one of four new board directors appointed simultaneously on April 10; part of a governance build-out as Oklo scales toward commercial advanced nuclear deployment.
SEC filing ↗
|
|
David Christian was appointed Independent Director at Oklo Inc. (from EVP and Chief Innovation Officer; former Chief Nuclear Officer, Dominion Energy).
Christian, former Chief Nuclear Officer at Dominion Energy and Chairman of the National Nuclear Accrediting Board, brings deep US nuclear fleet operations experience to Oklo; alongside Dr. Mark Peters, his addition gives Oklo two of the most credentialed nuclear executives in the US on its board.
SEC filing ↗
|
|
Derek Kan was appointed Independent Director at Oklo Inc. (from VP Business Operations, Shopify).
Former US Deputy Secretary of Transportation and early Lyft executive, Kan brings operational and regulatory experience to Oklo; his appointment alongside three other new directors signals Oklo is professionalizing its board ahead of anticipated commercial milestones and capital raises.
SEC filing ↗
|
|
David Park was appointed Independent Director at Oklo Inc. (from SVP Strategy and Business Development, Georgia-Pacific).
Park brings nuclear sector heritage (early career at Atomic Energy of Canada Ltd.) and energy M&A experience alongside industrial strategy roles at Koch and Georgia-Pacific; completes Oklo board expansion to 11 members as the SMR company pursues commercial licensing.
SEC filing ↗
|
|
Michael Thompson was appointed Lead Independent Director at Oklo Inc..
Thompson was designated Lead Independent Director as Oklo expanded its board from 7 to 11 directors on April 10, 2026; the appointment rounds out a significant governance build-out as the nuclear fission startup advances its Aurora reactor toward commercial deployments targeting AI data center and remote power markets.
SEC filing ↗
|
|
|
View All Moves →
|
|
Know someone who changed seats? Send us a tip — we cover C-suite, MD, and partner-level moves across clean energy development, project finance, and law.
|
|
Know someone who’d find this useful?
Forward this email to a colleague in clean energy finance. Help them stay ahead of the market.
|
|
|
|
← Previous edition · Read all past issues
DealFlow.energy — Clean energy transaction intelligence
Website
·
Submit a Deal
·
Unsubscribe
|
|