NewQ1 2026 Clean Energy Deal Intelligence Report is live

Sarah Rubenstein

Developer / IPP Executive

EVP and Chief Financial Officer at Clearway Energy

13

Deals Attributed

$9.55B

Deal Value

12.7

GW Capacity

2

Positions Held

Career Timeline

EVP and Chief Financial Officer

Clearway Energy

Apr 2023Present

Senior Finance Executive

Clearway Energy

Jan 2020Apr 2023

Attributed Deals(13 deals)

Deals attributed based on Sarah Rubenstein's role at the firm during the transaction.

2026(3 deals)
Mar 2026Seller227 MWac operating solar portfolio — 12 projects, Western United States (50% JV interest acquired)M&ASolar227 MW
Jan 2026DeveloperGoat Mountain Repower (TX wind) + Swan Solar (MO) + Catamount (WV wind) — ~1.17 GW combinedPPAHybrid$2.40B1,170 MW
Jan 2026DeveloperClearway Energy Operating LLC — $600M senior unsecured notes due 2034 (5.750%) to fund renewable energy generation and storage portfolioFinancingHybrid$600M
2025(4 deals)
Dec 2025DeveloperPortfolio of 3 projects totaling 1.17 GW across Missouri (Swan Solar, solar), Texas (Goat Mountain Repower, wind), and West Virginia (Catamount Wind, wind)PPAHybrid$2.40B1,170 MW
Oct 2025DeveloperRoyal Slope Energy Center — 260 MW solar + 260 MW storage, Grant County, Washington (20-year PPA + ESA)PPAHybrid260 MW
Oct 2025Buyer833 MWdc (613 MWac) operating solar portfolio across 8 states — concentrated in CAISO and PJMM&ASolar$210613 MW
Mar 2025DeveloperHoneycomb BESS Portfolio — 4x 80 MW battery storage systems (1,280 MWh total) using Tesla 4-hour batteries, Iron and Beaver Counties, UtahFinancingBattery Storage$605M320 MW
2024(3 deals)
Oct 2024BuyerPine Forest Solar + Storage — 370 MW solar + 200 MW storage, Hopkins County, TexasM&AHybrid$155M370 MW
Aug 2024DeveloperRosamond South I — 140 MW solar + 117 MW storage, Kern County, CaliforniaFinancingHybrid$550M140 MW
Apr 2024DeveloperClearway corporate sustainability-linked credit facilitiesFinancingHybrid$822M
2023(1 deal)
Sep 2023DeveloperMount Storm Wind Repower — 335 MW onshore wind, Grant County, West Virginia (PJM)PPAWind335 MW
2022(2 deals)
Sep 2022DeveloperClearway Energy Group — 50% equity stake (5th largest US renewable energy player; 7.7 GW operating + 25 GW pipeline)M&AHybrid$1.60B7,700 MW
Aug 2022Buyer413 MW operating wind portfolio (5 utility-scale projects, COD 2008-2012, TX/NE/WY)M&AWind$415M413 MW
How deal attribution works: Deals are attributed to individuals based on their role at a firm during the transaction period. C-suite executives and senior partners/MDs are attributed deals where their firm was involved as a principal, counsel, advisor, or lender. This is an inference — not all attributed individuals necessarily worked directly on every deal.