GIP acquires NRG Energy’s renewables unit

The deal includes NRG Energy’s controlling stake and 46% economic interest in yieldco, NRG Yield, which has an operational portfolio comprising wind, solar, and natural gas projects with a combined capacity of more than 5.1GW. NRG Yield had owned 32 wind farms – including the 947MW Alta wind complex in California – with a combined capacity of nearly 3GW, according to its website.

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Source: Wind Power Monthly

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