trending Market Intelligence /marketintelligence/en/news-insights/trending/caXpQ4KZbGz-eshcCyOTtg2 content esgSubNav
In This List

Macquarie wraps sale of interests in 4 Idaho wind facilities

Blog

Insight Weekly: US inflation soars; real estate faces slowdown; megadeals drive tech M&A

Blog

Infographic: Q1’22 U.S. Wind Power by the Numbers

Blog

Understanding Loss Given Default A Review of Three Approaches

Blog

Insight Weekly: Path to net-zero; US manufacturing momentum; China's lithium M&A frenzy


Macquarie wraps sale of interests in 4 Idaho wind facilities

Macquarie Infrastructure Corp. completed the sale of its membership interests in four wind projects totaling 66 MW in Twin Falls County, Idaho, to a fund managed by DIF Management BV.

Under the deal, DIF Infrastructure V acquired the stake in the 13.5-MW Oregon Trail, the 10.5-MW Pilgrim Stage Station, the 21-MW Payne's Ferry and the 21-MW Yahoo Creek. Prior to the acquisition, DIF Management held a 27.58% stake in each wind farm.

The transaction is part of a larger deal in which Macquarie agreed to divest 345 MW of its operating wind and solar portfolio in two separate deals valued at $215 million. The transactions involve selling the company's 203-MW wind generation portfolio to the Dutch asset manager and selling its 142-MW solar portfolio to Goldman Sachs Renewable Power LLC.

The Federal Energy Regulatory Commission approved the transaction June 14, and the parties closed the deal July 29. (FERC docket EC19-84)