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M&AAnnouncedApril 19, 2021

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

NextEra Energy Partners (NEP, now XPLR) announces acquisition of 391 MW operating wind portfolio from Brookfield Renewable for $733M. 4 sites in CA + 1 in NH. Closed Aug 25, 2021. Expected $63-70M run-rate adjusted EBITDA/CAFD.

$733M

Deal Value

391MW

Capacity

Wind

Technology

CA, NH

Location

Deal Details

Deal Type
Project & Portfolio M&A
Seller / Sponsor
Brookfield Renewable
Buyer / Financier
NextEra Energy Partners
Deal Value
$733M base purchase price
Stage
Operating
ISO/RTO
CAISO, ISO-NE

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