Global Infrastructure Partners' recent acquisition of NRG sponsorship stake in NRG Energy's Yield and NRG Energy's offer to purchase Saeta Yield at a 20% premium follow a flurry of acquisition activity in the yieldco sector. YieldCos 8point3, Terraform Global and Saeta Yield were formed in the final months before the bubble burst, and so never had time to grow to a sustainable size while stock market money was still cheap. The current infrastructure boom could also see TerraForm Power's and TransAlta Renewables become acquisition targets.
Global Infrastructure Partners' recent acquisition of NRG sponsorship stake in NRG Energy's Yield and NRG Energy's offer to purchase Saeta Yield at a 20% premium follow a flurry of acquisition activity in the yieldco sector. The current infrastructure boom could also see TerraForm Power's and TransAlta Renewables become acquisition targets.