STATE
Clean Energy Deals in Georgia
Every tracked clean energy deal in Georgia since 2023 — 10 transactions, 37.5 GW of capacity, $36.18B of disclosed value. Includes M&A, project finance, PPAs, and tax credit transfers. Updated weekly.
10
Tracked Deals
37.5 GW
Total Capacity
$36.18B
Disclosed Value
2024–2026
Period
Top Deals
By disclosed value| Date | Asset / Counterparties | Size | Value |
|---|---|---|---|
| Feb 25, 2026 | Southern Company grid reliability program — 16 GW firm po… Georgia Power / Alabama Power (Southern Company subsidiaries) → US Department of Energy — Office of Energy Dominance Financing | 16.0 GW | $26.5B |
| Nov 25, 2024 | Project Horizon — EV manufacturing facility, Stanton Spri… Rivian New Horizon LLC → DOE Loan Programs Office | — | $6.57B |
| Jan 16, 2025 | Up to 6 green hydrogen production and liquefaction facili… Plug Power → U.S. Department of Energy (DOE Loan Programs Office) | — | $1.66B |
| Dec 19, 2024 | Vertically integrated solar manufacturing facility — ingo… Hanwha Qcells Georgia (Qcells) → DOE Loan Programs Office | — | $1.45B |
| Jan 8, 2024 | Multi-year solar module + EPC supply for Microsoft renewa… Hanwha Qcells → Microsoft | 12.0 GW | Undisclosed (multi-billion) |
| Sep 3, 2025 | Six future ENTRA1 SMR plants — 6 GW total (~72 NuScale 77… ENTRA1 Energy (NuScale technology) → TVA | 6.0 GW | — |
| Apr 7, 2026 | Georgia Power Customer Identified Resource (CIR) Program … Third-party renewable developers → Georgia Power (Southern Company) | 3.0 GW | — |
| Apr 2, 2026 | Georgia Power Wadley Battery Energy Storage System — 260 … Georgia Power (Southern Company) | 260 MW | — |
| Apr 7, 2026 | Heelstone — Alligator Creek Solar (104 MW, Wheeler County… Heelstone Renewable Energy (a Qualitas Energy company) → Unnamed US hyperscale data center developer (long-term PPA) | 206 MW | — |
| Mar 24, 2026 | Georgia Power 2024 Distributed Generation Solar RFP — 70 … Multiple Third-Party Solar Developers (16 contracts) → Georgia Power | 70 MW | — |
Most Active Firms
Top Buyers / Financiers
Top Sellers / Developers
Top Lenders
| # | Firm | Deals | Value |
|---|---|---|---|
| 1 | DOE LPO (ATVM) | 1 | $6.57B |
| 2 | DOE LPO (Title 17) | 1 | $1.45B |
| 3 | ING Capital LLC; NORD/LB | 1 | — |
| 4 | Zions Bancorporation N.A. | 1 | — |
| 5 | Stonehenge Capital | 1 | — |
Technology Mix
Deal Type Mix
- Project Finance5
- Power Purchase & Offtake4
- Regulatory & Permits1
Activity by Year
Recent Deals
Latest 10- Heelstone — Alligator Creek Solar (104 MW, Wheeler County GA) + Murch Solar (…Apr 7, 2026
Project Finance · GA, MI · 206 MW
- Georgia Power Customer Identified Resource (CIR) Program — up to 3,000 MW cle…Apr 7, 2026
Regulatory & Permits · GA · 3,000 MW
- Georgia Power Wadley Battery Energy Storage System — 260 MW / 1,000 MWh, Jeff…Apr 2, 2026
Power Purchase & Offtake · GA · 260 MW
- Georgia Power 2024 Distributed Generation Solar RFP — 70 MW (16 contracts), s…Mar 24, 2026
Power Purchase & Offtake · GA · 70 MW
- Southern Company grid reliability program — 16 GW firm power including 5 GW n…Feb 25, 2026
Project Finance · AL, GA · $26.5B · 16,000 MW
- Six future ENTRA1 SMR plants — 6 GW total (~72 NuScale 77-MW VOYGR modules)Sep 3, 2025
Power Purchase & Offtake · AL, GA, KY, MS, NC, TN, VA · 6,000 MW
- Up to 6 green hydrogen production and liquefaction facilities across the US (…Jan 16, 2025
Project Finance · GA, LA, NY, TN, TX · $1.66B
- Vertically integrated solar manufacturing facility — ingots, wafers, cells, a…Dec 19, 2024
Project Finance · GA · $1.45B
- Project Horizon — EV manufacturing facility, Stanton Springs North, GeorgiaNov 25, 2024
Project Finance · GA · $6.57B
- Multi-year solar module + EPC supply for Microsoft renewable projects — 12 GW…Jan 8, 2024
Power Purchase & Offtake · GA · Undisclosed (multi-billion) · 12,000 MW
Recent Moves at Active Firms
All moves →Neal Kemkar joined as Chief Network Officer at CeresFeb 9, 2026
Scott Moskowitz appointed Board Chair at SEIAJan 15, 2026
Related
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