NewQ1 2026 Clean Energy Deal Intelligence Report is live
FinancingClosedSeptember 5, 2018

NEP 1,388 MW renewables drop-down + BlackRock $750M convertible equity portfolio financing

NEP agrees to acquire 11-project wind/solar portfolio (1,388 MW) — incl. Rush Springs Wind (250 MW OK), Mountain View Solar (20 MW NV). $930M tax equity assumption. BlackRock GE&PI provided $750M convertible equity portfolio financing.

$1.27B

Deal Value

1,388MW

Capacity

Hybrid

Technology

Multi-state

Location

MarketsHybrid

Deal Details

Deal Type
Project Finance
Seller / Sponsor
NextEra Energy Resources
Buyer / Financier
NextEra Energy Partners
Offtaker
NextEra Energy Partners
Deal Value
$1.275B + $750M BlackRock CEPF
Stage
Development
ISO/RTO
Multiple

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