NextEra Energy Transmission to acquire GridLiance for $660M

NextEra Energy Transmission entered into definitive agreements to acquire GridLiance from affiliates of Blackstone for approximately $660 million, including assumption of debt. GridLiance owns about 700 miles of high-voltage transmission lines.

“This acquisition furthers our goal of creating America's leading competitive transmission company and is consistent with our strategy of adding high-quality regulated assets to our portfolio.”investor.nexteraenergy.com

• 1 source
• investor.nexteraenergy.comNextEra Energy Transmission to acquire independent transmission company – NextEra Energy, Inc.Sep 29, 2020

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