BlackRock Real Assets’ Global Renewable Power Sells Stake in Iowa Wind Projects to Greenbacker

BlackRock Real Assets’ (“BlackRock”) Global Renewable Power (“GRP”) platform has reached an agreement with Greenbacker Renewable Energy Company (“Greenbacker”) for the sale of its controlling interest in the 42.5 MW Elk (“Elk”) and 37.5 MW Bethel (“Hawkeye”) operating wind energy facilities in Iowa. The transaction marks another exit for the GRP platform and is its second bilateral transaction with Greenbacker this year.

source https://finance.yahoo.com/news/blackrock-real-assets-global-renewable-161000442.html?.tsrc=rss

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