Little Blue Wind Project
The 251 MW Little Blue wind facility was included in NextEra Energy Partners' acquisition of a 50% interest in a ~2,520 MW renewables portfolio, funded by a ~$824M convertible equity portfolio financing from Apollo Global Management.
$824M
Deal Value
250.7MW
Capacity
Wind
Technology
NE
Location
Deal Details
- Deal Type
- Convertible equity portfolio financing
- Seller / Sponsor
- NextEra Energy Partners
- Buyer / Financier
- Apollo Global Management
- Deal Value
- $824M
- Stage
- operating
- ISO/RTO
- SPP
Related Deals
GE Capital Energy Financial Services portfolio — ~20 equity investments (renewables, gas, midstream)
Apollo Global Management funds
~$1.0B
NEP 1,388 MW renewables drop-down + BlackRock $750M convertible equity portfolio financing
NextEra Energy Resources → NextEra Energy Partners
$1.275B + $750M BlackRock CEPF
NEP 611 MW renewables drop-down + KKR $900M convertible equity portfolio financing
NextEra Energy Resources → NextEra Energy Partners
$1.02B acquisition + $900M KKR CEPF
Rattlesnake Creek Wind — 320 MW wind, NE (SPP)
Enel Green Power → Adobe/Facebook (Meta)
Haystack Wind (PepsiCo share) — 100 MW wind, NE (SPP)
Ørsted → PepsiCo
Mira Loma Battery Storage Facility — 20 MW / 80 MWh Li-ion (~400 Tesla Powerpacks)
Tesla → Southern California Edison
20 MW
Leadership at the Counterparties
Recent executive moves at the firms named in this deal.
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.