~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
- Source
- Hart Energy
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