People Moves: Columbia Threadneedle, Natixis, NBIM, BMO Capital Markets, Hong Kong Green Finance Association, FRC, Pattern Energy and NextEra Energy Partners
Columbia Threadneedle boosts responsible investment team
NextEra yieldco to pay $1.3bn for renewables assets in dropdown deal
NextEra Energy Resources has agreed to sell a 1.39GW portfolio of renewables assets to its parent company’s yieldco, for a sum of $1.275 billion.
Canadian pension fund buys $575m of renewables assets
The Canada Pension Plan Investment Board (CPPIB) has agreed to purchase six renewables projects from NextEra Energy Partners for a sum of CAD741 million ($575 million).
New shoots, old roots; the return of the yieldco
After a disastrous year in 2015, US yieldcos have seen their share prices rebound. Has the model turned a corner, asks Hamza Ali
EF BRIEFS: Duke Energy, Statkraft, NEP
Norway's sovereign wealth fund has divested its holdings in US utility Duke Energy, pointing to the company's risk of "severe environmental damage".
Feeding the beast: are US yieldcos sustainable?
Yieldcos have been growing rapidly in recent years, but what are their long-term prospects, asks Hamza Ali
NextEra Energy Partners raises $910m in equity
NextEra Energy Partners (NEP), the yieldco subsidiary of renewable developer NextEra Energy Resources, has raised $910 million in equity.
Building out the yieldco
With more yieldcos expected to come to market in coming months, how will this asset class evolve, asks Sophie Robinson-Tillett
US yieldcos behind 3.8GW of acquisitions in 2014
US yieldcos snapped up 3.8GW of operational renewable energy capacity in 2014 – an increase of almost 50% year-on-year – according to a report by law firm Orrick.
NextEra IPO to fund acquisitions
Clean energy firm NextEra Energy hopes to raise up to $341 million by floating a subsidiary that owns and operates wind and solar projects in North America.