Tag: nextera energy

NextEra Energy acquires a 50 per cent stake in a 2.5 GW renewable portfolio

NextEra Energy acquires a 50 per cent stake in a 2.5 GW renewable portfolio

October 25, 2021 |

Apollo has stated that funds managed by its affiliates, the Apollo Funds, have agreed to invest $824 million in a 2.5 GW renewable energy generation portfolio with NextEra Energy Partners, LP under a convertible equity portfolio financing agreement. The Apollo Funds agreed to make the investment as part of NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, Inc., selling 50 per cent of the portfolio to NextEra Energy Partners.

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Growth drivers, constraints and policy implications in the US corporate renewable PPA market

Growth drivers, constraints and policy implications in the US corporate renewable PPA market

April 11, 2021 |

According to publicly available BNEF data, at the end of 2019, the cumulative PPA capacity contracted from renewable energy sources (excluding green tariffs) was approximately 27.2 GW, with higher penetration of wind energy in comparison to solar. The 11.2 GW of additional PPAs signed in 2019 alone represents more than 40 percent of the total corporate-contracted capacity since 2009.

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Trina Solar secures 4 GW order from NextEra

Trina Solar secures 4 GW order from NextEra

January 9, 2021 |

Trina Solar has signed a long-term PV module supply deal with US energy major NextEra Energy totalling 4GW, thought to be the largest order of its kind outside of China. In a financial statement, Trina Solar said the PV module supply deal was for its high-efficiency large-area (210mm x 210mm) wafer-based modules, known at the Vertex series launched at the beginning of 2020.

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KKR to invest $1.4 billion in NextEra Energy’s portfolios

KKR to invest $1.4 billion in NextEra Energy’s portfolios

November 3, 2020 |

KKR & Co. Inc. has announced the signing of agreements with NextEra Energy Resources LLC, a subsidiary of NextEra Energy Inc. and NextEra Energy Partners LP to acquire equity interests in portfolios of contracted utility-scale wind and solar power assets. , KKR will invest a total of about $1.4 billion in two transactions for equity interests in 1,625 MW of renewable energy assets.

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