Global Infrastructure Partners' recent acquisition of NRG Energy's sponsorship stake in NRG Yield and TerraForm Power's offer to purchase Saeta Yield at a 20% premium follow a flurry of acquisition activity in the yieldco sector. There are two likely candidates: Pattern Energy Group (NASD:PEGI) and TransAlta Renewables The latest deal is expected to close by early next year.
Global Infrastructure Partners' recent acquisition of NRG Energy's sponsorship stake in NRG Yield and TerraForm Power's offer to purchase Saeta Yield at a 20% premium follow a flurry of acquisition activity in the yieldco sector. The latest deal is expected to close by early next year.