M&A Deal Summary

Skyline Renewables Acquires NJR Clean Energy Ventures - 117 megawatt wind portfolio

On February 11, 2019, Skyline Renewables acquired renewable energy company NJR Clean Energy Ventures - 117 megawatt wind portfolio from NJR Clean Energy Ventures

Acquisition Highlights
  • This is Skyline Renewables’ 1st transaction in the Renewable Energy sector.
  • This is Skyline Renewables’ 1st transaction in the United States.
  • This is Skyline Renewables’ 1st transaction in Iowa.

M&A Deal Summary

Date 2019-02-11
Target NJR Clean Energy Ventures - 117 megawatt wind portfolio
Sector Renewable Energy
Buyer(s) Skyline Renewables
Sellers(s) NJR Clean Energy Ventures
Deal Type Divestiture

Target

NJR Clean Energy Ventures - 117 megawatt wind portfolio

Iowa, United States
NJR Clean Energy Ventures - 117 megawatt wind portfolio is a provider of clean renewable energy.

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Buyer(S) 1

Buyer

Skyline Renewables

Portland, Oregon, United States

Category Company
Sector Renewable Energy
DESCRIPTION

Skyline Renewables is an independent renewable energy company dedicated to creating long-term value through acquiring, developing, and optimizing renewable power assets. Skyline Renewables is based in Portland, Oregon.


DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Divestiture) 1 of 1
State (Iowa) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

NJR Clean Energy Ventures

Wall Township, New Jersey, United States

Category Company
Founded 2010
Sector Renewable Energy
DESCRIPTION

NJR Clean Energy Ventures invests in, owns, and operates energy projects that generate clean power, provide low carbon energy solutions and help our customers save energy and money.


DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Divestiture) 1 of 1
State (Iowa) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1