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WSJ: NRG Energy nears $800M-plus deal to buy Alta Wind

Jun. 03, 2014 6:42 PM ETNRG Energy, Inc. (NRG) StockEIX, NRGBy: Carl Surran, SA News Editor3 Comments
  • NRG Energy (NYSE:NRG) is nearing a deal to acquire the Alta Wind Energy Center, the largest wind farm in North America, for more than $800M, WSJ reports.
  • Alta Wind is currently owned by an affiliate of P-E firms Global Infrastructure Partners and ArcLight Capital Partners.
  • Alta Wind's farms have long-term purchase agreements with Southern California Edison (NYSE:EIX), which serves more than 1M people in the region north of Los Angeles.

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