The data behind this list comes from Dakota Marketplace, the global private markets intelligence platform used by thousands of investment professionals to research LPs, GPs, and private companies. Built by fundraisers for fundraisers, Dakota Marketplace delivers complete, accurate, and daily-updated intelligence across every allocator channel, from family offices and RIAs to sovereign wealth funds and public pensions. Learn More | Book a Demo
For deal sourcers, staying current on private company activity is critical to spotting active buyers, tracking market trends, and uncovering emerging investment opportunities ahead of competitors.
In June alone, we added more than 1,500 new private company transactions, bringing the total to over 25,700 searchable deals across sectors, industries, and transaction types in Dakota Marketplace.
Inside Dakota Marketplace, you’ll find the transactions tab that provides structured, filterable data on deal types, values, and dates, while our editorial team curates daily updates through the Dakota transactions newsletter, helping you cut through the noise and focus on what matters most.
To ensure the most comprehensive coverage of private market activity, Dakota monitors over 10,000 websites including company websites, newswires, and numerous third-party news providers to capture and verify transaction data as it happens.
Below are the top 10 utilities transactions.
- Transaction Date: 6/26/2026
- Industry: Independent Power and Renewable Electricity Producers
- Type: Buyout/Private Equity
- Transaction Value: $4.2B
KKR has agreed to acquire EDF power solutions' North American operations — comprising its U.S. and Canadian renewable energy businesses — for approximately $4.2 billion with potential additional payments of up to $390 million, adding a diversified portfolio of 5.6 GW of solar, wind, and battery storage assets and an integrated platform spanning project development, construction, and long-term operations and maintenance. The deal makes KKR one of the top ten owners of renewable energy capacity in the United States, with the acquisition funded from KKR's global infrastructure strategy as part of its more than $26 billion deployed globally across renewables and energy transition investments to date.
- Transaction Date: 6/1/2026
- Industry: Independent Power and Renewable Electricity Producers
- Type: Growth Equity
- Transaction Value: $750M
Maxwell Power has closed a $750 million investment commitment from Fairtide Partners to finance residential and commercial battery storage and solar power projects, bringing Fairtide's total commitment to the company to over $1 billion since Maxwell's founding in 2018. The capital will allow Maxwell to expand its long-term power purchase contract model into new state markets — particularly in Mid-Atlantic, New England, and Pacific states where retail electricity prices have risen 19% or more since 2022 — as the company strengthens its position as a trusted financing partner for solar and battery storage installation companies serving homeowners and small businesses.
- Transaction Date: 6/18/2026
- Industry: Independent Power and Renewable Electricity Producers
- Type: Credit
- Transaction Value: $600M
CIM Group's Permanent Power Company has closed an approximately $600 million construction financing facility — comprising a $372.3 million construction-to-term loan, a $166.7 million tax credit transfer bridge loan, and a $61.3 million letter of credit facility — to develop the Grape solar and energy storage project in California's San Joaquin Valley. The fully contracted 246.4 MWac solar project with 600 MWh of battery storage at Westlands Solar Park is backed by a long-term PPA with an investment-grade offtaker for its entire capacity, and is expected to generate clean energy for over 86,000 California homes annually upon completion as part of Permanent Power Company's broader 1,200 MWac solar and 2,760 MWh storage portfolio.
- Transaction Date: 6/4/2026
- Industry: Independent Power and Renewable Electricity Producers
- Type: Growth Equity
- Transaction Value: $465M
Helion, a Washington-based fusion energy company, has raised $465 million in a Series G round led by Thrive Capital with participation from Lux Capital, Ford Motor Company Executive Chairman Bill Ford, Alta Park Capital, Peak XV Partners, and existing investors including SoftBank Vision Fund 2 and Lightspeed Venture Partners, bringing total funding to $1.5 billion at a $15.5 billion post-money valuation. The capital will accelerate commercial deployment of fusion power, scale manufacturing capacity, and advance Orion — the company's first fusion power plant currently under construction in Malaga, Washington — building on key technical milestones including Polaris becoming the first privately funded fusion machine to operate with deuterium-tritium fuel and exceeding 150 million degrees Celsius plasma temperature.
- Transaction Date: 6/22/2026
- Industry: Independent Power and Renewable Electricity Producers
- Type: Acquisition/Merger
- Transaction Value: $378M
Nextpower has agreed to acquire Zimmermann PV-Steel Group, a Germany-based solar substructure technology company with over 20 GW deployed across 2,500 projects in 58 countries, for up to €330 million (~$378 million) in cash and stock. The deal adds four new product lines including fixed tilt, carports, agriPV, and floating PV solutions — expanding Nextpower's addressable market across 15 additional countries and expected to contribute approximately €300 million in annual revenue and €45 million in adjusted EBITDA, while more than doubling Nextpower's addressable gigawatt opportunity in Europe.
- Transaction Date: 6/23/2026
- Industry: Independent Power and Renewable Electricity Producers
- Type: Acquisition/Merger
- Transaction Value: $362.6M
Ballard Power Systems has agreed to acquire GeoPura, a UK-based hydrogen-powered stationary power solutions provider, for a total enterprise value of approximately £301.1 million (~$400 million) — comprising £275 million in upfront consideration funded through £82.5 million in cash and newly issued Ballard shares, plus up to £27.5 million in contingent milestone payments. The transformative deal establishes Ballard as a vertically integrated hydrogen ecosystem provider by combining its fuel cell technology with GeoPura's energy-as-a-service model spanning hydrogen production, distribution, logistics, refueling, and stationary power generation, serving blue-chip customers including Microsoft, Equinix, Disney, and the UK Ministry of Defence, with approximately $25 million in identified annual run-rate EBITDA synergies supporting Ballard's path to profitability by 2028.
- Transaction Date: 6/9/2026
- Industry: Electrical Utilities
- Type: Acquisition/Merger
- Transaction Value: $319M
Adani Energy Solutions has agreed to acquire IntelliSmart Infrastructure, a smart metering joint venture backed by NIIF and EESL, for ₹3,050 crore (~$365 million) in an all-cash transaction, adding over 2.2 crore smart meters across Uttar Pradesh, Gujarat, Madhya Pradesh, Bihar, and Assam to expand AESL's total smart meter portfolio to more than 4.7 crore meters. The deal cements AESL's position as India's largest smart metering platform as IntelliSmart's revenue has grown from ₹85 crore in FY23 to ₹621 crore in FY25, capitalizing on the accelerating pace of smart meter deployment across India's power distribution modernization program.
- Transaction Date: 6/1/2026
- Industry: Water Utilities
- Type: Acquisition/Merger
- Transaction Value: $315M
American Water Works has completed the acquisition of water and wastewater systems from Nexus Water Group across eight states — Illinois, Indiana, Kentucky, Maryland, New Jersey, Pennsylvania, Tennessee, and Virginia — for approximately $315 million, adding approximately 47,000 customer connections within its existing service footprint. The deal advances American Water's core regulated growth strategy, bringing roughly 70 Nexus employees into its state operations as the largest regulated water and wastewater utility in the U.S. continues to consolidate water infrastructure across its existing markets.
- Transaction Date: 6/2/2026
- Industry: Oil & Gas & Consumable Fuels
- Type: Acquisition/Merger
- Transaction Value: $166.5M
Central Asia Metals (CAML) has agreed to acquire Cygnus Metals via an all-scrip Australian scheme of arrangement at an implied equity value of approximately A$232 million — representing a 60% premium to Cygnus' last closing price — with each Cygnus shareholder receiving 0.06 new CAML shares per share held. The deal adds Cygnus' 100% interest in the Chibougamau Copper-Gold Project in Québec, Canada, a high-grade development asset with 6.4 million tonnes of measured and indicated resources at 2.3% copper and 0.8g/t gold, diversifying CAML's portfolio beyond its producing operations in Kazakhstan and North Macedonia while leveraging CAML's strong balance sheet and free cash flow to fund the project's advancement toward feasibility.
- Transaction Date: 6/5/2026
- Industry: Independent Power and Renewable Electricity Producers
- Type: Credit
- Transaction Value: $150M
Pathway Power, a San Diego-based renewable energy developer, has closed a $150 million senior-secured finance facility from AB CarVal to support late-stage development costs — including interconnection, PPA execution, and equipment deposits — across its portfolio of U.S. hybrid solar and battery energy storage projects. The facility, which closed concurrently with a separate equity investment in Pathway Power, backs a pipeline of approximately 3.2 GWac across 13 hybrid and BESS projects concentrated in critical RTO markets including SPP and MISO.
At Dakota, we understand how important it is to stay current on deal activity as it happens. That’s why our editorial team continuously monitors the news for real-time updates on platform investments, add-ons, divestitures, and more to deliver daily highlights straight to your inbox through our transactions newsletter.
Inside Dakota Marketplace, the transactions tab provides structured, filterable data with deal dates, types, sectors, and financials, allowing you to build a customized feed that aligns with your focus areas.
Whether you're evaluating a new investment opportunity or tracking trends within a target sector, Dakota Marketplace helps you cut through the noise and focus on what matters most.
For more information on these transactions and a deeper dive into their industries and sub-industries, book a demo of Dakota Marketplace.
