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NJR Clean Energy Ventures Corporation

Company Summary

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Company Transactions

Date: 2/12/2019
Type: Acquisition

BUYERS:
  • Skyline Renewables, LLC
    • SELLERS:
  • NJR Clean Energy Ventures Corporation
    • DETAILS:

    VOLUMES: 117 MW

    NOTES:
    Skyline Renewables purchased a 117 MW wind portfolio from NJR Clean Energy Ventures. The acquired wind farms are located in Iowa, Kansas, Pennsylvania, and Wyoming

    Date: 12/31/2018
    Type: Acquisition

    BUYERS:
  • Skyline Renewables, LLC
    • SELLERS:
  • NJR Clean Energy Ventures Corporation
    • DETAILS:

    COST: 208.5 $MM

    NOTES:
    NJR Clean Energy reported the sale of its remaining 117 MW wind portfolio to a subsidiary of Skyline Renewables for $208.5 million. The transaction is expected to close on December 31, 2018, following FERC approval. Proceeds from the sale will reduce financing needs for NJR Clean Energy.

    Date: 3/31/2018
    Type: Acquisition

    BUYERS:
  • NorthWestern Energy
    • SELLERS:
  • NJR Clean Energy Ventures Corporation
    • ASSETS:
  • Two Dot Wind Farm
    • DETAILS:

    COST: 18.5 $MM

    VOLUMES: 9.7 MW

    REGIONS:
  • Rockies