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M&AAnnouncedOctober 28, 2022

~30 landfill-gas-to-electric facilities (to be converted to RNG)

NextEra Energy Resources acquires ~30 landfill gas-to-electric facilities from Energy Power Partners — $1.1B (incl. ~$37M project debt). +$400M RNG conversion capex. Targeted $220M+ adjusted EBITDA by 2025. Closed early 2023.

$1.10B

Deal Value

Other

Technology

Multi-state

Location

Deal Details

Deal Type
Project & Portfolio M&A
Seller / Sponsor
Energy Power Partners
Buyer / Financier
NextEra Energy Resources
Deal Value
$1.1B (incl. ~$37M project finance debt) + $400M RNG conversion capex
Stage
Operating
ISO/RTO
Multiple

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