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NextEra Seeks Texas Approval to Sell Interests in 200-Megawatt Wind Farm

Monarch Wind Holdings LLC asked the Texas Public Utilities Commission to authorize the transfer of its Class B or non-controlling membership interests in Javelina Wind Energy II LLC to Global Energy and Power Infrastructure Fund II L.P., according to the agency’s Oct. 11 notice. Javelina owns a 200-megawatt wind generation facility in Webb County interconnected to the Electric Reliability Council of Texas. The post-transaction generation share held by Monarch Wind, Global Energy, and its affiliates in the Texas power market would remain under the 20 percent statutory limit. Monarch Wind is owned by NextEra Energy Resources LLC which will continue to control the managing interests after the transaction. NextEra Energy Resources is a subsidiary of NextEra Energy Inc.

October 11, 2018
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