GE Unit Joins JP Morgan to Jointly Invest $225M in NextEra Energy Resources' 662.5-MW Wind Farm

Expanding its renewable energy portfolio in Texas, GE unit GE GE Energy Financial Services has joined JP Morgan to jointly invest $225 million in a partnership that owns the 662.5-megawatt Capricorn Ridge wind farm in West Texas. A subsidiary of NextEra Energy Resources, LLC remains the majority owner and operator of the project. Additional financial details of the transaction were not disclosed. NextEra Energy Resources is a subsidiary of NextEra Energy, Inc. NEE.