Brookfield Renewable Partners L.P. (TSX:BEP.UN), along with its institutional partners, signed a binding agreement to acquire a 845 MW portfolio of wind projects in the State of Oregon from Caithness Energy, L.L.C. for approximately $700 million in December 2020. As part of the transaction, Brookfield is expected to hold a 25% interest in the portfolio. The transaction is subject to the customary closing conditions, and is expected to be completed in the first half of 2021. Huang, Mike F and Hill, Jason M. of Paul Hastings acted as legal advisor to Caithness Energy, L.L.C. King & Spalding acted as legal advisor to Brookfield Renewable.