Detailed information regarding NRG Yield’s Green Bond issuance
NRG Yield, Inc. issued $500 million “Green Bond” and acquired Alta Wind Farm
In August 2014, NRG Yield issued its first corporate “Green Bond” to finance the acquisition of Alta Wind Farm from Terra-Gen Power LLC. The Alta Wind facilities represent 947 megawatts (MW) of capacity, located in Tehachapi, California from Terra-Gen Power LLC. As the largest operating wind farm in North America, the Alta Wind facilities expect to generate enough clean, renewable power for more than 750,000 average California homes at peak operating times.
Estimated annual environmental benefits*:
- Greenhouse Gases metric tons CO2e avoided: 1.5 million
- Water Use avoided (annual acre-feet): 300
*Based on internal NRG Yield estimates