- Announces agreement to acquire a 50% interest in a renewables portfolio, consisting of approximately 2,520 megawatts of newly constructed or in-construction renewables projects and approximately 115 megawatts of integrated battery storage
- Enters into an agreement for a 10-year, approximately $824 million convertible equity portfolio financing that includes the acquired assets
- Acquisition extends NextEra Energy Partners' portfolio into three new states and expands its ownership of battery storage assets, which would total nearly 90 megawatts following the close of the acquisition
PR Newswire
JUNO BEACH, Fla., Oct. 22, 2021
