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New Deal


Announced

KKR to acquire a portfolio of renewable energy assets of NextEra Energy for $1.4bn.

Financials

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Transaction Value£1,080m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

Disposal

Single Bidder

Domestic

Private

renewable energy assets

Private Equity

Renewable Energy Equipment

Infrastructure

Pending

Acquisition

United States

Synopsis

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KKR agreed to acquire a portfolio of renewable energy assets of NextEra Energy, an American energy company, for $1.4bn. "We are pleased to participate in this landmark transaction to acquire contracted, highly diversified renewable energy assets and support the future growth of NextEra Energy, the world’s largest generator of energy from the wind and sun. We have built a strong relationship with the NextEra Energy Partners team through our two prior transactions and we are proud to support the development of future clean energy projects while delivering attractive exposure for our investors to core infrastructure assets," Brandon Freiman, KKR Partner and Head of North American Infrastructure.

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