TerraForm Power secures FERC approval to acquire stake in Neb. wind farms

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TerraForm Power secures FERC approval to acquire stake in Neb. wind farms

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13 Apr, 2016 | 08:55

Author Selene Balasta
Theme Energy

secured FERCapproval April 11 to acquirea 90.1% stake in the 73-MW PrairieBreeze II and the 35.8-MW PrairieBreeze III wind farms in Nebraska.

The dealwith Invenergy Wind LLCis part of a broader $2 billion agreementunder which the SunEdison Inc.yieldco was to acquire a 930-MW wind portfolio across U.S. and Canada.

The subsidiary will continueto hold 9.9% of the portfolio. Acquisition of about 832 MW of the wind portfoliowas completed .

Author
Selene Balasta
Theme
Energy

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TerraForm Power secures FERC approval to acquire stake in Neb. wind farms