STATE
Clean Energy Deals in New Jersey
Every tracked clean energy deal in New Jersey since 2023 — 10 transactions, 6.6 GW of capacity, $7.09B of disclosed value. Includes M&A, project finance, PPAs, and tax credit transfers. Updated weekly.
10
Tracked Deals
6.6 GW
Total Capacity
$7.09B
Disclosed Value
2023–2026
Period
Top Deals
By disclosed value| Date | Asset / Counterparties | Size | Value |
|---|---|---|---|
| Oct 31, 2023 | Ocean Wind 1 (1,100 MW) + Ocean Wind 2 (1,148 MW) offshor… Ørsted → New Jersey ratepayers (NJ BPU OREC) | 2.2 GW | $4B impairment (Ocean Wind 1 alone $2.8B) |
| Mar 23, 2026 | TotalEnergies US Offshore Wind Lease Exit — OCS-A 0538 (N… TotalEnergies SE | — | $928,333,333 |
| Dec 8, 2024 | 200+ commercial rooftop solar installations — 100+ MW acr… Solar Landscape → Silicon Valley Bank (First Citizens Bank), KeyBanc Capital Markets, National Bank of Canada, KeyState Renewables | 100 MW | $847M (aggregate 2024) |
| Jan 16, 2025 | Transmission upgrades across New Jersey service territory Jersey Central Power & Light (FirstEnergy) → DOE Loan Programs Office | — | $716M |
| Jun 17, 2025 | 112 MWdc portfolio of 28 community solar projects across … Dimension Energy → First Citizens Bank, ING, MUFG, National Bank of Canada, Siemens, Cadence, Comerica, Advantage Capital | 112 MW | $360M |
| Dec 1, 2023 | Linden NJ food waste-to-RNG facility (1,500 tons/day) Linden Renewable Energy → ING | — | $240M |
| Jan 24, 2024 | Leading Light Wind — 2,400 MW offshore wind, ~47 miles of… Invenergy Wind Offshore → New Jersey ratepayers (NJ BPU OREC) | 2.4 GW | Undisclosed OREC strike |
| Jan 24, 2024 | Attentive Energy Two — 1,342 MW offshore wind, ~42 miles … TotalEnergies + Corio Generation JV (Attentive Energy) → New Jersey ratepayers (NJ BPU OREC) | 1.3 GW | Undisclosed OREC strike |
| Mar 17, 2026 | Garden State Energy Storage Program — 355 MW BESS across … Jupiter Power; Elevate Renewables; North America Energy Storage Corp → New Jersey Board of Public Utilities | 355 MW | — |
Most Active Firms
Top Buyers / Financiers
Top Sellers / Developers
| # | Firm | Deals | Value |
|---|---|---|---|
| 1 | Solar Landscape | 1 | $847M |
| 2 | Jersey Central Power & Light (FirstEnergy) | 1 | $716M |
| 3 | Dimension Energy | 1 | $360M |
| 4 | Shiseido Americas, Harbinger Motors | 1 | — |
| 5 | Linden Renewable Energy | 1 | $240M |
Top Lenders
| # | Firm | Deals | Value |
|---|---|---|---|
| 1 | DOE LPO (EIR Program) | 1 | $716M |
Technology Mix
Deal Type Mix
- Project Finance4
- Power Purchase & Offtake4
- Tax Equity & Tax Credits1
- Regulatory & Permits1
Activity by Year
Recent Deals
Latest 10- TotalEnergies US Offshore Wind Lease Exit — OCS-A 0538 (New York Bight) + OCS…Mar 23, 2026
Regulatory & Permits · NC, NJ, NY · $928,333,333
- Garden State Energy Storage Program — 355 MW BESS across 3 projects in New Je…Mar 17, 2026
Power Purchase & Offtake · NJ · 355 MW
- Section 48 ITC (rooftop solar, East Windsor NJ) + Section 45X AMPCs (battery …Oct 1, 2025
Tax Equity & Tax Credits · CA, NJ
- 112 MWdc portfolio of 28 community solar projects across NJ, IL, DE, VA, ME, PAJun 17, 2025
Project Finance · DE, IL, ME, NJ, PA, VA · $360M · 112 MW
- Transmission upgrades across New Jersey service territoryJan 16, 2025
Project Finance · NJ · $716M
- 200+ commercial rooftop solar installations — 100+ MW across 8.5M sq ft of C&…Dec 8, 2024
Project Finance · NJ · $847M (aggregate 2024) · 100 MW
- Leading Light Wind — 2,400 MW offshore wind, ~47 miles off Atlantic City, New…Jan 24, 2024
Power Purchase & Offtake · NJ · Undisclosed OREC strike · 2,400 MW
- Attentive Energy Two — 1,342 MW offshore wind, ~42 miles off Seaside Heights,…Jan 24, 2024
Power Purchase & Offtake · NJ · Undisclosed OREC strike · 1,342 MW
- Linden NJ food waste-to-RNG facility (1,500 tons/day)Dec 1, 2023
Project Finance · NJ · $240M
- Ocean Wind 1 (1,100 MW) + Ocean Wind 2 (1,148 MW) offshore wind, off Atlantic…Oct 31, 2023
Power Purchase & Offtake · NJ · $4B impairment (Ocean Wind 1 alone $2.8B) · 2,248 MW
Recent Moves at Active Firms
All moves →Neal Kemkar joined as Chief Network Officer at CeresFeb 9, 2026
Related
Get the next one in your inbox
Free weekly briefing on US clean energy deals + executive moves. No spam.