M&A Deal Summary

NextEra Energy Resources Acquires Smart Energy Capital

On May 15, 2013, NextEra Energy Resources acquired renewable energy company Smart Energy Capital

Acquisition Highlights
  • This is NextEra Energy Resources’ 1st transaction in the Renewable Energy sector.
  • This is NextEra Energy Resources’ 3rd transaction in the United States.
  • This is NextEra Energy Resources’ 1st transaction in New York.

M&A Deal Summary
Date 2013-05-15
Target Smart Energy Capital
Sector Renewable Energy
Buyer(s) NextEra Energy Resources
Deal Type Add-on Acquisition

Target

Smart Energy Capital

White Plains, New York, United States
Smart Energy Capital LLC is a provider of financing and development to solar energy projects.

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Buyer(S) 1

Buyer

NextEra Energy Resources

Juno Beach, Florida, United States
Category Company
Founded 1985
Sector Energy Services and Equipment
DESCRIPTION

NextEra Energy Resources LLC is engages in the generation of electricity in the wholesale energy markets.

DEAL STATS #
Overall 3 of 5
Sector (Renewable Energy) 1 of 2
Type (Add-on Acquisition) 3 of 4
State (New York) 1 of 1
Country (United States) 3 of 5
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-01 NextEra Energy 351 MW Hydroelectric Portfolio

United States

NextEra Energy 351 MW Hydroelectric Portfolio consists of 19 hydroelectric facilities and eight upstream storage reservoirs primarily on the Kennebec, Androscoggin and Saco rivers in Maine, with an expected average generation of approximately 1.6 million megawatt hours annually.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-02 NextEra Energy Pheasant Run II Wind Park

Michigan, United States

NextEra Energy Pheasant Run II Wind Park, comprises a wind power plant with a capacity of 75 megawatt.

Sell -
Mergr

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