California Ridge Wind Energy
TerraForm Power completed the acquisition of an Invenergy wind portfolio including a 90% stake in the 217 MW California Ridge Wind Project, alongside Bishop Hill, Prairie Breeze and Rattlesnake; total enterprise value exceeded $2 billion.
$2.00B
Deal Value
217MW
Capacity
Wind
Technology
IL
Location
Deal Details
- Deal Type
- Portfolio acquisition
- Seller / Sponsor
- Invenergy
- Buyer / Financier
- TerraForm Power
- Deal Value
- $2B
- Stage
- operating
- ISO/RTO
- MISO
- Source
- Invenergy press release
Related Deals
Bethel Wind Energy Center — ~250 MW onshore wind, Castro County, Texas (ERCOT)
Southern Power / Invenergy → Google
Wind Catcher — 2,000 MW OK Panhandle (800 GE 2.5 MW turbines) + 350-mile 765kV line ($4.5B; cancelled July 2018)
AEP / Public Service of OK + SWEPCO + Invenergy → PSO + SWEPCO ratepayers
$4.5B (announced; cancelled)
Santa Rita Wind Energy Center — 125 MW wind, TX (ERCOT)
Invenergy → Kimberly-Clark
Bright Stalk Wind Farm — 123 MW wind, IL (MISO)
EDP Renewables → Walmart
Harvest Ridge Wind Farm — 50 MW wind, IL (MISO)
EDP Renewables → Walmart
WGL Holdings — Washington Gas Light + non-regulated power/marketing/midstream
AltaGas Ltd.
C$8.4B (~$6.4B USD; $88.25/share cash)
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.