STATE
Clean Energy Deals in Washington
Every tracked clean energy deal in Washington since 2023 — 7 transactions, 7.5 GW of capacity, $650M of disclosed value. Includes M&A, project finance, PPAs, and tax credit transfers. Updated weekly.
7
Tracked Deals
7.5 GW
Total Capacity
$650M
Disclosed Value
2023–2026
Period
Top Deals
By disclosed value| Date | Asset / Counterparties | Size | Value |
|---|---|---|---|
| Oct 16, 2024 | X-Energy Xe-100 high-temperature gas-cooled SMR (80 MW pe… X-Energy Reactor Company → Amazon (lead) + Citadel founder Ken Griffin, Ares Management, NGP, University of Michigan | 5.0 GW | ~$500M (Series C-1) |
| May 22, 2025 | Ostrea Solar — 104 MW utility-scale solar, Yakima County,… Cypress Creek Renewables → Multiple | 104 MW | $150M |
| Feb 18, 2026 | Cereza Solar + Storage — up to 2 GW at DOE Hanford Site, WA Hecate Energy → Savion (Shell) | 2.0 GW | — |
| Oct 30, 2025 | Royal Slope Energy Center — 260 MW solar + 260 MW storage… Clearway Energy Group | 260 MW | — |
| Feb 10, 2026 | Schnebly Coulee Solar Project — 90 MW solar PV, Kittitas … Invenergy → Puget Sound Energy (PSE) | 90 MW | — |
| May 10, 2023 | Helion's first commercial fusion power plant ('Orion') — … Helion Energy → Microsoft (with Constellation as power marketer) | 50 MW | — |
Most Active Firms
Top Buyers / Financiers
| # | Firm | Deals | Value |
|---|---|---|---|
| 1 | Schneider Electric | 1 | — |
| 2 | Clearway Energy Group | 1 | — |
| 3 | Grant County PUD | 1 | — |
| 4 | Savion (Shell) | 1 | — |
| 5 | Puget Sound Energy (PSE) | 1 | — |
Top Sellers / Developers
| # | Firm | Deals | Value |
|---|---|---|---|
| 1 | Silfab Solar | 1 | — |
| 2 | Hecate Energy | 1 | — |
| 3 | Invenergy | 1 | — |
| 4 | Cypress Creek Renewables | 1 | $150M |
| 5 | X-Energy Reactor Company | 1 | $500M |
Top Legal Counsel
| # | Firm | Deals |
|---|---|---|
| 1 | Cahill Gordon & Reindel LLP | 1 |
| 2 | Hogan Lovells | 1 |
Technology Mix
Deal Type Mix
- Project & Portfolio M&A3
- Tax Equity & Tax Credits1
- Project Finance1
- Strategic & Growth Capital1
- Power Purchase & Offtake1
Activity by Year
Recent Deals
Latest 7- Cereza Solar + Storage — up to 2 GW at DOE Hanford Site, WAFeb 18, 2026
Project & Portfolio M&A · WA · 2,000 MW
- Schnebly Coulee Solar Project — 90 MW solar PV, Kittitas County, WashingtonFeb 10, 2026
Project & Portfolio M&A · WA · 90 MW
- Royal Slope Energy Center — 260 MW solar + 260 MW storage, Grant County, Wash…Oct 30, 2025
Project & Portfolio M&A · WA · 260 MW
- Ostrea Solar — 104 MW utility-scale solar, Yakima County, WashingtonMay 22, 2025
Project Finance · WA · $150M · 104 MW
- X-Energy Xe-100 high-temperature gas-cooled SMR (80 MW per module) — supports…Oct 16, 2024
Strategic & Growth Capital · TX, WA · ~$500M (Series C-1) · 5,000 MW
- Section 45X Advanced Manufacturing Production Tax Credits from US-manufacture…May 16, 2024
Tax Equity & Tax Credits · WA
- Helion's first commercial fusion power plant ('Orion') — targeting 50+ MW aft…May 10, 2023
Power Purchase & Offtake · WA · 50 MW
Recent Moves at Active Firms
All moves →Kevin Smith joined as Chief Executive Officer at Cypress Creek RenewablesMar 5, 2026
Sarah Slusser departed Cypress Creek RenewablesMar 5, 2026
Neal Kemkar joined as Chief Network Officer at CeresFeb 9, 2026
Related
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