Citi advises on the acquisition of a renewable energy developer by a major utility

Acquisition Renewable Energy announced United States Sep 1, 2025

Citi acted as an advisor on the acquisition of Renewable Energy Developer Y by Major Utility Z. The deal aims to expand the utility's renewable energy portfolio.

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Counterparts (3)

Buyer

company · 2 deals

NextEra Energy is an energy company focused on innovation, customer value, and energy solutions. They operate through Florida Power & Light Company and NextEra Energy Resources, with a focus on renewable energy and infrastructure development.

advisor

company · 2 deals

Citi is a global investment bank and financial services company dedicated to providing financial services to enable growth and economic progress. They offer a range of products and services as an integrated institution.

Seller

Renewable Energy Developer Y

EDF Renewables North America is a market leader in renewable energy development, construction, and operations. They deliver grid-scale power, distributed solutions, and energy storage projects.

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Timeline

Announced

Sep 1, 2025

Signed

Closed

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Source

www.utilitydive.com

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