NextEra Energy Partners (NEP) to Take Minority Stake in Desert Sunlight Investment Holdings
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NextEra Energy Partners, LP announces agreement to acquire indirect 24 percent interest in Desert Sunlight Investment Holdings, LLC
September 8, 2016 4:29 PM EDTJUNO BEACH, Fla., Sept. 8, 2016 /PRNewswire/ --Â NextEra Energy Partners, LP (NYSE: NEP) today announced that it has entered into an agreement with a subsidiary of its sponsor, NextEra Energy Resources, LLC, to acquire an indirect 24 percent interest in Desert Sunlight Investment Holdings, LLC. When completed, the acquisition will expand NextEra Energy Partners' portfolio of contracted renewable energy projects to approximately 2,788 megawatts (MW).1
"This acquisition further demonstrates our ability to acquire assets at attractive yields that will be accretive... More
