STATE
Clean Energy Deals in Wisconsin
Every tracked clean energy deal in Wisconsin since 2023 — 3 transactions, 6.7 GW of capacity, $23.70B of disclosed value. Includes M&A, project finance, PPAs, and tax credit transfers. Updated weekly.
3
Tracked Deals
6.7 GW
Total Capacity
$23.70B
Disclosed Value
2024–2025
Period
Top Deals
By disclosed value| Date | Asset / Counterparties | Size | Value |
|---|---|---|---|
| Oct 1, 2025 | Lighthouse Campus — ~2 GW renewable energy infrastructure… Vantage Data Centers / WEC Energy Group → Oracle / OpenAI | 2.0 GW | $15B campus investment |
| May 6, 2024 | ALLETE Inc. — regulated utility with renewable, hydro, an… CPP Investments, Global Infrastructure Partners | 3.0 GW | $6.2B |
| Dec 15, 2024 | WEC Energy 1.7 GW renewable portfolio — utility-scale sol… Wisconsin Electric Power Company → US Department of Energy | 1.7 GW | $2.5B |
Most Active Firms
Top Buyers / Financiers
| # | Firm | Deals | Value |
|---|---|---|---|
| 1 | CPP Investments, Global Infrastructure Partners | 1 | $6.20B |
| 2 | US Department of Energy | 1 | $2.50B |
| 3 | Oracle / OpenAI | 1 | $15.00B |
Top Sellers / Developers
| # | Firm | Deals | Value |
|---|---|---|---|
| 1 | Wisconsin Electric Power Company | 1 | $2.50B |
| 2 | Vantage Data Centers / WEC Energy Group | 1 | $15.00B |
Technology Mix
Hybrid3 deals · 6,700 MW
Deal Type Mix
- Corporate M&A1
- Project Finance1
- Power Purchase & Offtake1
Activity by Year
20242 deals · 4,700 MW · $8.70B
20251 deal · 2,000 MW · $15.00B
Recent Deals
Latest 3- Lighthouse Campus — ~2 GW renewable energy infrastructure (solar, wind, batte…Oct 1, 2025
Power Purchase & Offtake · WI · $15B campus investment · 2,000 MW
- WEC Energy 1.7 GW renewable portfolio — utility-scale solar, wind, and energy…Dec 15, 2024
Project Finance · WI · $2.5B · 1,700 MW
- ALLETE Inc. — regulated utility with renewable, hydro, and transmission asset…May 6, 2024
Corporate M&A · MN, WI · $6.2B · 3,000 MW
Recent Moves at Active Firms
All moves →Neal Kemkar joined as Chief Network Officer at CeresFeb 9, 2026
Related
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