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Marathon Capital Advised NextEra Energy Resources on Formation of Nitro Renewables Holdings with Subsidiaries of Blackstone

December 17, 2024

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Utility Scale Clean Power

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  • Ammad Faisal, CFA

    Senior Managing Director & Head of New York

  • Matt Bigham

    Managing Director & Co-Head of Offtake Advisory

  • Trevor Winnie

    Director

Marathon Capital has advised NextEra Energy Resources on a ~$900mm equity investment from Blackstone subsidiaries to form Nitro Renewables Holdings. The joint venture will co-own and develop a portfolio of hybrid renewable energy projects across the United States, contributing to a more sustainable future as the markets respond to increasing energy demands.

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