NewQ1 2026 Clean Energy Deal Intelligence Report is live
FinancingAnnouncedMarch 27, 2019

NEP 611 MW renewables drop-down + KKR $900M convertible equity portfolio financing

NEP acquires six wind/solar projects ~611 MW unlevered (~15-yr remaining contract life, A/A2 avg credit). KKR financing initial coupon <1%, NEP buyout option at fixed 8.3% pre-tax return.

$1.02B

Deal Value

611MW

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
$1.02B acquisition + $900M KKR CEPF
Stage
Development
ISO/RTO
Multiple
Source
NEP

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