FERC OKs sale of interests in Colo. wind facility

11/29/2012 | SNL Financial (free content)

The Federal Energy Regulatory Commission has authorized NextEra Energy Resources to sell nonmanaging membership interests in the Limon I and II Wind Energy facility in Colorado to an investors' group. Under the deal, subsidiaries of JP Morgan Chase & Co., Bank of America, State Street Bank & Trust and Wells Fargo & Co. or their affiliates will pay cash consideration for the membership interests. An affiliate of NextEra will retain operational control of the facility.

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