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NextEra Energy Partners, LP announces definitive agreement to acquire an approximately 400-megawatt portfolio of long-term contracted wind assets


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JUNO BEACH, Fla., April 19, 2021 /PRNewswire/  NextEra Energy Partners, LP (NYSE: NEP) today announced that it has entered into a definitive agreement with Brookfield Renewable, a global owner and operator of renewable power assets, to acquire a 391-megawatt (MW) portfolio of four operating wind assets located in California and New Hampshire for a base purchase price of $733 million, subject to closing adjustments.
This transaction demonstrates NextEra Energy Partners continued ability to execute its long-term growth plan, said Jim Robo, chairman and chief executive officer. This acquisition of approximately 400 megawatts of long-term contracted wind projects with high-credit-quality customers further enhances the diversity of the partnership s existing portfolio. This portfolio is an attractive acquisition for NextEra Energy Partners and is supported by our ability to leverage NextEra Energy Resources best-in-class operatin ....

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