Bloomberg News

NextEra Energy Sells Hydro Assets in Maine and New Hampshire

December 21, 2012

NextEra Energy Resources LLC, a subsidiary of NextEra Energy Inc (NEE:US), agreed to sell hydro- generation assets in New Hampshire and Maine to a unit of Brookfield Renewable Energy Partners.

The sale is based on an enterprise value of about $760 million and includes $700 million of non-recourse debt, NextEra said in a statement today. The deal’s price wasn’t disclosed.

To contact the editor responsible for this story: Jasmina Kelemen at jkelemen2@bloomberg.net


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Companies Mentioned

  • NEE
    (NextEra Energy Inc)
    • $97.53 USD
    • 0.64
    • 0.66%
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