With the addition of the four wind generating facilities, NextEra Energy Partners' portfolio expands to approximately 1,923 MW of contracted, clean energy projects. The additional facilities include:
NextEra Energy Partners expects the acquisitions to contribute 2015 adjusted EBITDA of approximately US$40 million to US$50 million and cash available for distribution (CAFD) of approximately US$15 million to US$20 million. The acquisitions are expected to increase the annual run-rate of adjusted EBITDA by approximately US$75 million to US$85 million and CAFD by approximately US$28 million to US$32 million.
In addition, NextEra Energy Partners today announced that it has completed the sale of about 2.6 million common units representing limited partnership interests in NextEra Energy Partners in a private placement to certain eligible purchasers for an aggregate purchase price of approximately US$109 million.
Barclays Capital Inc., Credit Suisse Securities (USA) LLC and Goldman, Sachs & Co. acted as lead placement agents in connection with the private placement.
NextEra Energy Partners used the net proceeds from the private placement of common units, proceeds from a previously announced $313 million term loan and cash on hand to fund the purchase price of the acquisitions.
We have recently reported about several wind deals globally: