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M&AClosedAugust 25, 2021

Alta Wind VIII (150 MW CA) + Windstar (120 MW CA) + Coram (22 MW CA) + Granite Reliable (99 MW NH) — 391 MW operating wind portfolio

NEP closed $733M acquisition of 391 MW operating wind portfolio from Brookfield Renewable. Three CA assets (Alta Wind VIII, Windstar, Coram) plus Granite Reliable in NH. Expected $63-70M adjusted EBITDA/CAFD on five-year average run-rate. Repowering opportunities post initial PPA term. Announced April 19, 2021.

$733M

Deal Value

391MW

Capacity

Wind

Technology

CA

Location

Deal Details

Deal Type
Asset Acquisition
Buyer / Financier
NextEra Energy Partners
Offtaker
Multiple utilities
Deal Value
$733M
Stage
Operating
ISO/RTO
CAISO

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