NextEra Energy Partners completes acquisition of 391 wind portfolio from Brookfield Renewable

NextEra Energy Partners has completed the acquisition of a 391-megawatt (MW) portfolio consisting of four operating wind assets located in California and New Hampshire from Brookfield Renewable.

The included assets are:

• Alta Wind VIII, 150-MW wind generating facility in California;
• Windstar,120-MW wind generating facility in California;
• Coram, 22-MW wind generating facility in California;
• Granite, 99-MW wind generating facility in New Hampshire.

Almost all of the portfolio's capacity is contracted with investment-grade counterparties and cash is available for distribution-weighted remaining contract life of approximately 13 years at the time of closing. The assets are located in markets with expected long-term renewables demand, supporting potential re-contracting or repowering opportunities after the initial contract terms.