KKR Genesis TL

Neon Renewables Portfolio - Acquisition

Borrower(s)
KKR Genesis TL
Industry
Renewables/PV solar
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

KKR executed a $1.1 billion convertible equity portfolio financing agreement (“CEPF”) with NextEra Energy Partners(“NEP”) for an interest in a 1,125 net MW portfolio of renewable energy assets. The assets in the portfolio consist of 12 distinct operating utility-scale wind...

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Deal Volume
$675m
Financial Close
02/11/2020
Dealmakers
Makela Hughes

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Sources
Submitted by participant(s)

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Tranches

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Project Deals

Neon Renewables Portfolio
$1.89bn
Greenfield
PV solar
North America
North America
United States