NextEra Energy Resources sells 49% interest in three Ontario wind projects to Connor, Clark & Lunn Infrastructure

On September 26, 2025, NextEra Energy Resources, LLC (“NextEra”) sold a 49% interest in three Ontario-based wind projects (the “Projects”) to Connor, Clark & Lunn Infrastructure (“CC&L”). The Projects include Adelaide Wind with a gross capacity of approximately 60 megawatts ("MW"), Bornish Wind with a gross capacity of approximately 73 MW, and Goshen Wind with a gross capacity of approximately 102 MW.

The Projects generate energy equivalent to the annual consumption of 200,000 Ontario households. The energy generated is sold under the 20-year Power Purchase Agreements to the Independent Electricity System Operator. NextEra will continue to manage and operate the assets following the sale.

NextEra is a U.S.-based energy company that develops, owns, and operates energy infrastructure projects across multiple technologies, including renewable generation, natural gas, nuclear, and transmission.

McCarthy Tétrault LLP advised NextEra with a team led by Suzanne Murphy that included David Woollcombe, Kerri Lui, Mitchell Lui, Meghan Noel, Jamie Birker (Corporate, M&A), Patrick McCay, Camille Belanger (Tax), Kelleher Lynch (Pensions & Benefits), William McCullough, Nika Moslehi, Damiana Pavone (Real Property & Planning), Gordon Nettleton, Kimberly Howard (Regulatory); Patrick Pengelly, Andrew Weizman (Labour & Employment), John Boscariol (International Trade & Investment), Oliver Borgers, Samantha Steeves (Competition/Antitrust & Foreign Investment), and Gwenyth Wren (Environmental).