Deals
NextEra Inks $733 Million Wind Purchase in Latest Green Deal
- Brookfield Renewable assets are in California, New Hampshire
- Transaction is the latest renewable move for NextEra in 2021
Photographer: Bing Guan/Bloomberg
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NextEra Energy Inc. agreed to acquire four wind farms from Brookfield Renewable Partners LP for $733 million in the energy giant’s biggest purchase since 2019.
The wind turbines have combined output of almost 400 megawatts and have long-term sales contracts for their power, NextEra said in a statement on Monday. Three are in California and one is in New Hampshire. NextEra plans to fund the transaction with a combination of cash and debt.