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

|About: NRG Energy, Inc. (NRG)|By:, SA News Editor

NRG Energy (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 (EIX), which serves more than 1M people in the region north of Los Angeles.