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NRG Yield to acquire 25% share in 550MW PV project in California

22 June 2015 by

The company will pay $285m and take on $287.4m in non-recourse project level debt to take control of the stake and push its total operational solar portfolio to 600MW.

The transation is expected to increase the NRG Yielsd’s EBITDA by $45m and cash available for distribution by $22m by 2016.

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