Marathon Capital/Deal History

Deal History

126+ total transactions — 10 tracked below spanning 2014–2026 · 4 industries

126+
Total Transactions
4
Industries
2014–2026
Years Active
Business Services1
Sale of ClearGen to CBRE Investment Management2025
Strategic acquirer: CBRE Investment Management

Exclusive financial advisor on sale of ClearGen, a leading provider of capital solutions for distributed energy projects. Since 2020, ClearGen built portfolio of 250+ contracted distributed energy infrastructure projects across 14 states, serving municipalities, businesses, and developers.

Sell SideSell Side Advisor
Energy & Utilities7
Sale of 1.56 GW Steward Creek Solar Project to TerraForm Power2026
Acquired by PE: TerraForm Power (Brookfield affiliate)

Exclusive financial advisor on sale of 1.56 GW utility-scale solar project in Lee County, Illinois to TerraForm Power, an affiliate of Brookfield Asset Management. Transaction represents one of the largest utility-scale solar development acquisitions announced to date in the United States.

Sell SideSell Side Advisor
Radial Power $355 Million Tax Equity and Debt Financing2026
Strategic acquirer: Goldman Sachs

Exclusive financial advisor on $355 million tax equity and debt financing with Goldman Sachs, supporting ~214 MW of distributed solar across 106 projects nationwide. Financing leverages Goldman's 'End-to-End Distributed Generation' structure for single-source third-party funding.

$300M-$400MRecapitalizationCo Advisor
NorthStar Clean Energy Tax Equity Financing for Branch and Genesee Solar2026
Strategic acquirer: Tax Equity Investors

Financial advisor on tax equity financing and tax credit sale for NorthStar's Branch Solar (200 MWac in Branch County, Michigan) and Genesee Solar (41 MWac in Genesee County, Michigan) projects. Transactions advance NorthStar's buildout of U.S. renewable energy portfolio.

RecapitalizationCo Advisor
Sale of Generate Capital Distributed Solar Portfolio to GoodFinch2025
Strategic acquirer: GoodFinch

Exclusive financial advisor on sale of 117-project operating distributed solar portfolio spanning nine U.S. states and territories. Portfolio includes diverse mix of rooftop and ground-mounted solar systems serving municipal, university, school, hospital, and commercial customers.

Sell SideSell Side Advisor
Formation of Vesper through Magnetar Investment2023
Acquired by PE: Magnetar Capital

Origination and structuring lead on formation of Vesper through Magnetar's investment into Lendlease renewables development management team.

RecapitalizationCo Advisor
Sale of SunPower C&I Solutions Business to TotalEnergies2022
Strategic acquirer: TotalEnergies

Advised on sale of SunPower's commercial and industrial solar solutions business to TotalEnergies.

Sell SideSell Side Advisor
Sale of FirstWind to SunEdison2014
Strategic acquirer: SunEdison

Advised on $2.4 billion sale of leading U.S. wind development company to SunEdison.

$2B-$3BSell SideSell Side Advisor
Hardware & Electronics1
Sale of Origami Solar to Nextracker2025
Strategic acquirer: Nextracker (Nasdaq: NXT)

Exclusive financial advisor on sale of US-based developer of innovative steel frames for solar panels to leading solar technology platform provider Nextracker. Transaction supports industry demands for faster installation, improved durability, and reduced carbon emissions.

Sell SideSell Side Advisor
Real Estate1
Overwatch Capital Partnership with Idemitsu for AI Data Centers2025
Strategic acquirer: Idemitsu Kosan

Financial advisor on groundbreaking partnership between Overwatch Capital and Idemitsu to develop next-generation energy-resilient AI data centers across ten U.S. states. Partnership includes Idemitsu investment and launch of nationwide natural gas supply operations to support up to 1 GW of on-site power generation.

Sell SideSell Side Advisor