Quinbrook Infrastructure Partners (Quinbrook) has announced that it has acquired a 223MW operational wind power portfolio from subsidiaries of NextEra Energy Resources.
The well-diversified wind portfolio has more than 10 years of operating history and contracted power sales to multiple investment-grade utilities. Financial terms were not disclosed. The acquired portfolio consists of six operating wind farms, varying in size from 9 to 66 MW. The projects are located in Pennsylvania, West Virginia and California, and are focused in markets which have only modest volumes of installed wind capacity. Each asset has been owned and operated by subsidiaries of NextEra Energy Resources for well over 10 years, and has an established operating history. A NextEra affiliate will continue to operate the facilities after closing.