NRG Yield Enters into Agreement to Acquire Interest in Largest Operating Solar Farm in North America
Submitted by aburr on Wed, 2015-07-01 13:32NRG Yield, through its subsidiary NRG Yield Operating, entered into an agreement with GE Energy Financial Services to acquire its 25 percent interest in the Desert Sunlight Solar Farm in Riverside, CA for $285 million, subject to customary working capital adjustments, plus the assumption of $287.4 million of non-recourse project level debt.